Month: July 2018

A debate between an infamous bitcoin detractor and one of the cryptocurrency’s most well-known entrepreneurs made sparks fly in New York City Monday. Hosted by the Soho Forum, a monthly Manhattan debate series, the event saw Erik Voorhees, the CEO of exchange service ShapeShift, argue that government-backed monies will eventually be replaced by bitcoin and
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The U.K.’s Food Standards Agency (FSA), a safety watchdog, announced Monday it has successfully piloted a blockchain-based supply chain monitoring system. The trial tracked meat produced in an unnamed cattle slaughterhouse, providing “improved transparency” throughout the supply chain, according to a press release. Both the slaughterhouse and the FSA tracked data provided in the trial. FSA
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A group of traditional securities firms in Thailand are planning to jointly launch a new cryptocurrency exchange, a report indicates. According to the Bangkok Post on Monday, the Association of Securities Companies (ACE) – a body that represents the country’s securities firms – said it is in talks with regulators about allowing established financial firms to
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Cryptocurrencies will not challenge the economic power of central banks, the European Parliament said last week. In the latest Monetary Dialogue report issued on June 26, the European Parliament’s Committee on Economic and Monetary Affairs said that while cryptocurrencies have made financial transactions “relatively safe, transparent, and fast,” they pose no threat to sovereign currencies
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2,033 ZEC. That’s how much Zooko Wilcox, CEO of the Zcash Company, earns per month from the $650 million zcash cryptocurrency network he helped create. Worth $305,000, or $3.65 million annually, the details of his salary, revealed by Wilcox in a presentation at Zcon0 Tuesday, have sparked somewhat of a scandal on social media. “I
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