Coil is a new company founded by the former chief technology officer of Ripple named Stefan Thomas. Now, it has finally entered a closed beta. The project reportedly aims to enable web content creators to better monetize their work.
Cryptocurrency Market Updates
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Market Update 9.01.18 – Ethereum Core Developers Postpone “Difficulty Bomb”
Last updated: September 1, 2018, 5:54 am Cryptocurrency Market UpdatesThe core developers of the Ethereum network agreed on their regular YouTube meeting that the implementation of the “Difficulty Bomb” would be postponed so that its code could be included in the upcoming hard fork Constantinople.
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Market Update 8.31.18 – CBOE Launching Ethereum Futures Soon
Last updated: August 31, 2018, 4:35 am Cryptocurrency Market UpdatesThe owner of the CBOE (Chicago Board Options Exchange), CBOE Global Markets, which is also one of biggest exchange holding companies in the world, is planning to launch its Ethereum futures contracts later this year.
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Market Update 8.30.18 – California Passes Bill for Blockchain Working Group
Last updated: August 30, 2018, 5:44 am Cryptocurrency Market UpdatesThe California State Legislature has passed bill AB 2658, which calls for the setting up of a Blockchain technology working group. The bill has been passed by both Houses of the state and is heading for final approval by the Governor of California.
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Market Update 8.29.18 – Hong Kong Attracting Blockchain Professionals
Last updated: August 29, 2018, 5:48 am Cryptocurrency Market UpdatesHong Kong is looking at attracting Blockchain professionals to the island and has launched a special immigration policy for such workers. On Tuesday, the authorities in Hong Kong released a “talent” list which covers 11 different professions that will now be eligible for special consideration when foreigners apply for the city’s Quality Migrant Admission Scheme (QMAS).
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Market Update 8.28.18 – Blockchain to Replace Existing Tech
Last updated: August 28, 2018, 6:39 am Cryptocurrency Market UpdatesJP Morgan’s Chief Information Officer Lori Beer stated at a press conference in Buenos Aires that Blockchain technology was going to replace existing tech in the next few years.
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Market Update 8.27.18 – Markets React to SEC’s Stance on Bitcoin ETFs
Last updated: August 27, 2018, 4:47 am Cryptocurrency Market UpdatesLast week, the US Securities and Exchange commission shot down not just two proposals for Bitcoin based ETFs by ProShares, but also another 5 by submitted by Direxion and 2 by GraniteShares. Then, the very next day, the SEC announced that it was going to review all petitions once more.
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Market Update 8.26.18 – World Bank’s Blockchain Bond Experiment Gets $81 M
Last updated: August 26, 2018, 5:37 am Cryptocurrency Market UpdatesThe World Bank has managed to exceed its goal of $73 million, particularly for its blockchain bond which is $8 million. Australia’s very own Commonwealth Bank wants to settle the bond called bond-i. The latter is meant for blockchain operated new debt instrument. This subsequently marks the very first time the World Bank settles a blockchain bond.
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Market Update 8.25.18 – NY Judge Sides with CFTC Ban of Crypto Firm
Last updated: August 25, 2018, 4:31 am Cryptocurrency Market UpdatesThe US CFTC (Commodities Futures Trading Commission) won its fight against CabbageTech Corp., a New York based cryptocurrency firm for bold and vicious fraud. Earlier this year, the promoter and operator of CabbageTech Corp., Patrick McDonnell, had been charged with fraud and as well as the misappropriation in relation to the trading of Bitcoin and Litecoin.
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Market Update 8.24.18 – SEC Reviewing 9 ETF Applications
Last updated: August 24, 2018, 8:37 am Cryptocurrency Market UpdatesThe US Securities and Exchange Commission (SEC) is reportedly going to review its decision of rejecting 9 Bitcoin based Exchange Traded Fund (ETF) application. The SEC had rejected the applications on Wednesday this week, a total of 9 applications for BTC ETFs that had been filed by 3 separate companies.