Universities in New York, Tokyo and Luxembourg Support Crypto Development

Academic institutions from all corners of the world are offering classes on cryptocurrencies and supporting research initiatives in this burgeoning sector. From New York to Tokyo, universities are spearheading a plethora of crypto-themed courses. Two New Accelerators at Columbia University IBM and Columbia University have announced two new accelerator programs for blockchain developers. The programs will support 10 different startups, …

Could Ohio’s Acceptance of Bitcoin as Tax Increase Legitimacy of Crypto?

Businesses in the state of Ohio are now permitted to settle tax payments using Bitcoin (BTC). State Treasurer Josh Mandel, who initially proposed the integration of Bitcoin to the state to facilitate the growth of the local cryptocurrency industry, stated that he views the dominant cryptocurrency as a legitimate form of currency. “I do see [bitcoin] as a legitimate form of …

Highlights of Week 47: Emanate, Ultrain & Quadrant

The first round of Emanate’s public pre-sale is now open. Having just closed a $500,000 seed round, the EOSIO based project is available to the public for the first time via a strictly limited early-bird pre-sale. Emanate was one of five projects chosen by Block.One to demonstrate the power of EOS at Blockchain Live back in September. Discover Emanate here. …

Galaxy Digital’s Mike Novogratz: Cryptocurrency Markets Will ‘Flip Next Year’

Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interview published by Financial Times (FT) Nov. 23. During the interview, Novogratz said that “this year has been challenging” for Galaxy Digital –  a company that he hopes will become “the Goldman Sachs of crypto” – adding that …

The Making of the First US ICO Fraud Case

In common law systems, it is precedent that informs judicial approaches to new and previously unaddressed matters. The precedent that will likely shape the body of U.S. case law on fraudulent initial coin offerings (ICOs) is currently being forged in a federal court in the New York borough of Brooklyn, where a 39-year old entrepreneur, Maksim Zaslavskiy, has pleaded guilty …

Will AI-based Agents on Blockchain Replace User Interfaces?

Does your mopping robot or your food processor have names? Do you ascribe a character to them? Unless you’re a robot yourself, you probably do. The entire history of engineering has been about making the most human-like machines possible. We humans are hardwired to process social interactions, so we subconsciously expect machines to be at least somewhat human. We can …

Ohio ‘Appears’ to Be First US State to Accept Bitcoin for Taxes, WSJ Report

The U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) as tax payment, the Wall Street Journal (WSJ) reports today, Nov. 25. As the WSJ writes, the move initially applies only to businesses, with plans to extend the offering to individual taxpayers in future. Starting this week, Ohio-based businesses will be able register to …

Market Slump Puts Crypto Derivatives in the Spotlight

As volatility returns to cryptocurrency markets, with serious losses over the past week or so, digital asset exchanges and other fintech platforms have again turned their attention to crypto derivatives. Instruments such as bitcoin futures contracts can help traders hedge against risks and even profit from falling prices.  Huobi Launches Crypto Derivatives Market Singapore-based digital asset exchange Huobi has announced …

Rosenstein Targets ICOs, FEC May Permit Political Donations Through Crypto Mining

Regulation In recent regulatory news, the U.S. deputy attorney general has called for international cooperation on cryptocurrency regulation. Separately, the U.S. Federal Election Commission (FEC) has prepared a draft advisory that could allow political donations in the form of mining power, while the Alabama Securities Commission has estimated that the state has brought forward 20 percent of all active cease-and-desist …