November 18, 2019

Can EOS revolutionise the world of cryptocurrency?

Pin It

BY MARIA KONASH  From Coin Speaker EOS is a relative newcomer to the cryptocurrency market, however the new kid on the block could be set to make waves and change the crypto world as we know it. Hailed as the ‘Ethereum killer’, it’s time to discover what all the fuss is about, and if EOS […]

Switzerland seeks to regain cryptocurrency crown

Pin It

By Anna Irrera and Brenna Hughes Neghaiwi From KFGO NEW YORK/ZURICH (Reuters) – Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their doors on it in the last year. The departures, which industry […]

Billionaire tech investor Peter Thiel bets on crypto start-up Block.one

Pin It

By Kate Rooney From CNBC PayPal co-founder and early Facebook investor Peter Thiel was a part of Cayman Islands start-up Block.one’s most recent funding round announced Monday. The company raised a record $4 billion this year to fund its blockchain platform EOSIO through an ICO, outdoing the world’s biggest initial public offerings on stock exchanges […]

81% of ICOs are scams, U.S. losing token sale market share: Report

Pin It

From CCN Initial coin offering (ICO) promoters have been widely successful with regards to the quantity of projects they have been able to at least partially fund. On matters of quality, perhaps not so much. According to a report prepared by Satis Group Crypto Research, around 81% of the total number of initial coin offerings […]

Are digital IDs the start of a blockchain-based service economy for the Cayman Islands?

Pin It

By David Bentley From Blockchain News Caribbean initial coin offering (ICO) hotspot, the Cayman Islands, last week outlined a timeline for a proposed digital ID system for its population; it aims to have the technology in place within a year. Premier Alden McLaughlin presented details of the initiative in a speech at the Cayman Islands […]

Gadget of the week

Pin It

Bag Week 2018: The Bitcoin Genesis Block backpack will centralize your belongings By John Biggs From TechCrunch Welcome to Bag Week 2018. Every year your faithful friends at TechCrunch spend an entire week looking at bags. Why? Because bags — often ignored but full of our important electronics — are the outward representations of our […]

Carey Olsen advises Ultraviolet on blockchain research application platform ICO

Pin It

Carey Olsen’s corporate team in the Cayman Islands has advised the Ultraviolet Foundation on its token generation event with respect to its innovative research and data exchange blockchain platform, Ultraviolet Protocol (UVP). The platform allows teams and individuals to create independent research applications enabling participants to pose research topics or request data and generate a […]

Here’s what we know about Block.one, which created the world’s 5th largest cryptocurrency in just a year

Pin It

By SAM JACOBS From Business Insider Commonwealth Bank surprised the market this morning with the announcement that CFO Rob Jesudason is resigning, effective immediately. It appears to be awkward timing for the bank, given that Jesudason made the cut in late-March after new CEO Matt Comyn took an axe to the executive team. And Jesudason’s […]

Cayman Islands preparing governance framework for cryptocurrencies

Pin It

FromAnti-Corruption Digest The Cayman Islands Government is working on a framework of governance for cryptocurrencies and digital coin projects taking place in the jurisdiction while it considers how to implement a legislative framework for the sector, which has grown to over $400 billion in a few short years. Responding to questions from CNS, the Ministry […]

Cayman Islands Monetary Authority release public advisory on virtual currencies

Pin It

The Cayman Islands Monetary Authority (CIMA) is issuing an advisory on the potential risks of investments in Initial Coin Offerings (ICOs) and all forms of virtual currency. Customers should thoroughly research virtual currencies, digital coins, tokens, and the companies or entities behind them in order to separate fiction from facts. The recent publicity surrounding virtual […]