Goldman Sachs, JPMorgan Invest in Axoni’s $32 Million Funding Round
Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs.
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UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says
The U.K. will issue new legislation for stablecoins as well as crypto staking, exchange and custody by June or July this year, Economic Secretary Bim Afolami said.The Conservative-party-led government has said it wants to make the U.K. a global hub for crypto and passed legislation last year to recognize crypto and stablecoins as regulated financial

Crypto for Advisors: Crypto Volatility and Market Conditions
Is crypto’s volatility a feature or a bug? In today’s issue, Miguel Kudry, CEO of L1 Advisors explores cryptocurrencies performance and its relation to market conditions. In Ask an Expert, Kevin Tam from Raymond James Ltd. looks at institutional U.S. Securities and Exchange Commission filings and what they can tell advisors about adoption. You’re reading

Judge Rules for Roger Ver in Craig Wright Libel Lawsuit
news A judge has struck down a libel lawsuit against Roger Ver, an early bitcoin investor, that was filed by Satoshi Nakamoto claimant Craig Wright. Wright alleged that Ver defamed him in a YouTube that was published in mid-April, in which Ver denounced Wright’s claim to be bitcoin’s anonymous creator, Satoshi Nakamoto. The video was…

15 Nations Plan Global Crypto Monitoring System Under FATF: Report
news Fifteen nations are planning to set up a system to monitor cryptocurrency transactions alongside the Financial Action Task Force (FATF), a Friday report indicates. According to Nikkei Asian Review, the aim is to stem the movement of funds for illicit purposes, such as money laundering and funding of terrorism, by collecting and sharing transaction…

US Lawmaker Proposes Legislative Groundwork for National Blockchain Strategy
May 20, 2020 at 21:49 UTC“The ongoing coronavirus pandemic has made it clear that we need to maintain American leadership in technology,” said Rep. Brett Guthrie. (Credit: Office of Rep. Guthrie)US Lawmaker Proposes Legislative Groundwork for National Blockchain StrategyA U.S. lawmaker wants the federal government to begin considering a national blockchain strategy.On Tuesday, U.S. House…

Bitcoin Vaults: Developer Bryan Bishop Releases Prototype for Secure On-Chain Storage
Apr 13, 2020 at 16:15 UTCUpdated Apr 13, 2020 at 16:34 UTCBitcoin Vaults: Developer Bryan Bishop Releases Prototype for Secure On-Chain Storage"People are not good at securing their keys," said Bryan Bishop, a longtime bitcoin developer. "To the extent that we can write software better and secure [bitcoin] better, that's a win.As CoinDesk previously reported,…

Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service
Blockchain security platform Quantstamp is hoping to quell the increasing threats of flash loan attacks with a new service that claims to catch exploits before they go off, the company told CoinDesk.The Economic Exploit Analysis service detects common attack pathways used by exploiters through automated tooling before protocols get hacked. The service has been released…

Ethereum Block Count Spikes as Difficulty Bomb Diffuses on Schedule
news The rate at which new transaction blocks are being added to the ethereum blockchain is back on the rise after the network’s successful upgrades, Constantinople and St. Petersburg, last week. According to blockchain analytics site Etherscan, the daily block count increased more than 1,500 blocks within a 24-hour period after the upgrades, implemented as hard…