New York

The New York State Supreme Court upheld restrictions on the use of Tether Limited’s reserves for the investment activities of other companies, in particular the Bitfinex cryptocurrency exchange. This is stated in the relevant order on the website of the court. According to the court’s decision, Bitfinex cannot use Tether’s assets for lending or for other needs, “unless the usual business procedures require it.” […]

Ron Paul, one of the most prominent supporters of cryptocurrency among the political establishment, believes that the US Securities and Exchange Commission (SEC) should withdraw from the process of regulating this new class of assets and allow it to develop naturally. Such a statement is known for its libertarian views politician made at the conference Consensus 2019 in New York. Stressing the importance of decentralized solutions, […]

Sidechain Lumino, created on top of the main Bitcoin network, is a third-level payment solution with support for Ethereum smart contracts, officially launched. This was reported on Tuesday, May 14 at the Consensus 2019 conference in New York by the head of the research and innovation department of the Argentine company RIF Labs, Sergio Lerner. Work on Lumino, which in some ways can be compared with the network of the Lightning Network, was carried out on […]

The price of the Ripple XRP token for the last 24 hours has shown a sharp rise, rising to a certain point to $ 0.39. Were there any specific factors behind this growth, or is it a question of a jump in the majority of cryptocurrencies related to the growth of Bitcoin in general? As it is known, the market of the most liquid altcoins traditionally follows the price of bitcoin, and to exclude this factor […]

Owned by the Winklevossam brothers, Gemini has announced a partnership with the Flexa payment network, thanks to which large American retailers will start accepting cryptocurrency for payment. We're excited to announce our partnership with @FlexaHQ at # Consensus2019. This partnership enables select retailers to accept #crypto payments in stores. Spend your crypto in person, on the go! #CryptoNotCredit https://t.co/5dIUjkZ4q5 pic.twitter.com/j9jSSGrCvX – […]

Ethereum co-founder and ConsenSys startup CEO Joseph Lubin made several high-profile predictions during his speech at the Ethereal Summit conference in Brooklyn, New York. According to him, by 2047 all assets will be token-free, the Internet will be completely decentralized, and separate networks will be formed around various key interests, by analogy with national states. This is stated in […]

The founders of Ethereum, Joseph Lubin and Vitalik Buterin, as well as the companies they represent – ConsenSys and Ethereum Foundation, respectively – provided financial support to the decentralized autonomous organization Moloch. This became known during the Ethereal Summit, which started in New York on Friday, May 10. Lyubin and Buterin supported DAO Moloch for 1000 ETH each, an additional 1000 ETH […]