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United States Residents Will Lose Access to Many Altcoins Starting in September

Crypto enthusiasts living in the United States will have no trading options for a many cryptocurrencies when the major crypto exchange Binance becomes unavailable for them in September, according to a report by CryptoPotato on June 14. The report draws this conclusion based on the following table, which shows which cryptocurrencies will still available for …

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Rhode Island Solicits Proposals for Blockchain Solutions in Government

The Rhode Island Department of Administration/Division of Purchase in the United States has issued a public solicitation for blockchain solutions via proof-of-concept proposals, according to official documentation published on May 31. The department is particularly seeking proposals from “qualified firms” that aim to “further the State’s goal of becoming more efficient, transparent, accurate, secure and …

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Circle and Coinbase Invite More Members to Consortium Behind US Dollar Coin

Goldman Sachs-backed crypto startup Circle and crypto exchange and wallet service Coinbase are expanding their consortium behind USD coin (USDC), according to a blog post on June 13. The Centre consortium acts as a platform for deposits and fiat conversions for Circle’s own cryptocurrency, a United States dollar-backed digital token. Having launched USD coin back …

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Craig Wright Ordered to Personally Appear at Bitcoin Theft Mediation

Craig Wright has been ordered to appear personally at mediation to address allegations that he stole 1.1 million bitcoin (BTC) from Dave Kleiman, court documents filed on June 10 show. The Australian entrepreneur had requested permission to appear by videoconference, arguing that physically attending the courtroom would have caused him “unjustifiable hardship.” However, his motion …

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DOrg LLC Purports to be First Legally Valid DAO Under US Law

Decentralized Autonomous Organization (DAO) developer cooperative dOrg has created a limited liability company (LLC) to grant its native DAO legal status, according to a report by independent law firm Gravel & Shea on June 11. As its name implies, a DAO is a firm with no centralization or hierarchy, and is instead governed by open …

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New Report Reviews Blockchain Applications by US Federal Government

The research organization Data Foundation and IT firm Booz Allen Hamilton have published a report with five proposed questions to guide the United States federal government on where and how to implement blockchain initiatives. Their research was published in the report “Bringing Blockchain Into Government: A Path Forward for Creating Effective Federal Blockchain Initiatives” on …

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US Retailer Target Unveils Open Source Blockchain for Supply Chain Tracking

United States-based retail giant Target is creating an open source blockchain project for supply chain tracking, according to an official blog post from the company’s VP of architecture on April 22. According to the post, Target ran a pilot test using blockchain technology to certify its paper products along the supply chain in 2018. The …

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US National Association of Realtors Invests in Blockchain-Based Real Estate Firm Propy

A major United States trade association, the National Association of Realtors (NAR), has invested in blockchain-based real estate platform Propy, Forbes reports on June 10. The NAR’s strategic investment arm, Second Century Ventures, has invested an undisclosed amount in Ethereum blockchain-based startup Propy as a part of its commercial real estate technology accelerator REach. Launched …

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Why Lobbying Growth Is a Sign That Crypto Is Maturing

Crypto is on the march, and not just in terms of market price. Not only does data indicate that the number of ID-verified users of cryptocurrency doubled over 2018, but there are various other metrics that suggest that adoption is gaining traction. As many as 84% of companies worldwide are involved with blockchain-based technologies in some way, …

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Binance DEX: Navigating Country-Specific Cryptocurrency Trading Restrictions

At the start of June 2019, reports emerged that Binance DEX’s website was blocking users with IP addresses from 29 countries. This news immediately caused confusion with some commentators, using it as an opportunity to reaffirm their stance that Binance DEX is not truly a decentralized exchange (DEX). However, as it turned out, the initial …

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