Where Have All the Augur Users Gone?
Following an impressive launch, Augur’s user base has been slipping. Could thin liquidity be the culprit?
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IBM Says Blockchain Can Power ‘Open Scientific Research’ in New Patent Filing
NEWS A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain. Led by a team at IBM’s Watson Research Center, the patent application presents a vision for dynamic collaboration – one where researchers can track their work across institutional borders. It’s another non-financial application of the distributed-ledger technology, which…

Foxconn Founder: Libra Can ‘Converge’ With China’s Digital Currency in Taiwan
news Terry Gou, Taiwan’s richest man and the founder of manufacturing giant Foxconn, wants the island to roll out the red carpet for Facebook’s Libra cryptocurrency project. In a recent, little-noticed speech, the billionaire and one-time presidential candidate said Taiwan could boost its status as an international financial hub by embracing Libra, rather than approaching the…

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech
NEWS Oct 29, 2018 at 14:00 UTC Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology. IT giant Fujitsu announced in a press release Monday that it has been chosen as an "application development vendor" for the field trial that will use a custom digital currency to attempt to…

Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work
The U.K.'s opposition party, Labour, said it wants the country to be a tokenization hub, bringing in more liquidity to financial markets.It also wants to promote the Bank of England's work on the digital pound.An election is expected this year, and the party is leading the incumbent Conservatives in the polls.The U.K.'s opposition Labour party

RGB Continues Its Work to Bring Better Smart Contracts to Bitcoin
Sep 14, 2020 at 19:25 UTCUpdated Sep 14, 2020 at 19:26 UTC(Tyler Lastovich/Unsplash)RGB Continues Its Work to Bring Better Smart Contracts to BitcoinThe Takeaway Under development by the LNP/BP Standards Association, the RGB protocol entered beta in June.The second layer network promises to bring smart contracts and tokenized assets to Bitcoin with a Lightning Network-esque…

SEC Enforcement Director Gurbir Grewal Is Leaving the Agency
Gurbir Grewal, the U.S. Securities and Exchange Commission’s (SEC) director of enforcement, is stepping down and departing the agency, according to a Wednesday press release. Grewal’s last day will be Oct. 11. Sanjay Wadhwa, Grewal’s deputy director of enforcement, will step in as acting director of the SEC’s enforcement division after Grewal’s departure. Sam Waldon

Back Over $200 Billion: 3 Reasons Crypto Prices Could Be Heading Higher
The cryptocurrency market has been making history for all the wrong reasons as of late, most notably by recently surpassing the plunge of the infamous Dot-Com bubble in the early 2000's. With that said, cryptocurrencies tend to make recoveries when all hope is seemingly lost, and today's price action of the world's second largest cryptocurrency,…

DTCC: Security Tokens Should Be Made to Meet Existing Regulatory Rules
news The Depository Trust & Clearing Corporation (DTCC) has laid out guidelines for the post-trade processing of tokenized securities, aimed at market participants and regulators. Policy arrangements for traditional market infrastructures – such as the Principles for Financial Market Infrastructures (PFMIs) issued by global regulators – can provide clues to responsibilities that might be applicable…