IMF lists pros and cons of Central Bank-issued cryptocurrencies
The International Monetary Fund's Staff Discussion June Note lists the main challenges and benefits of digital currencies issued by central banks.
Russian exchanges look at legalising cryptocurrency trading
Alexey Moiseev, Russian deputy finance minister, admits the possibility of cryptocurrency trading on Russian exchanges in the case of adoption of appropriate regulation.
BTCC exchange launches its first cryptocurrency-to-cryptocurrency trading platform
The large Chinese bitcoin-exchange BTCC announced the launch of ETC/BTC as its first trading partner.
Bitcoin-wallet Blockchain raised $40m in a Series B funding round, gaining the largest investment since Brexit
The funding round of the London-based start-up was led by venture capital firm Lakestar and investment company GV (Google Ventures).
Electrum gets ready for bitcoin network split
The bitcoin wallet has imitated a hard fork of bitcoin, which may happen in August this year.
Numerai abandons bitcoin and moves to Ethereum
The decision is due to the difficulty related to synchronising the bitcoin and Ethereum blockchains and delays in automatic transactions.
Status ICO causes failure in the Ethereum network
The feverish demand for the Singapore-based Status tokens during its initial coin offering has led to a massive malfunction on the Ethereum network. The ETH exchange rate has fallen to $330.
CREDO: the nextgen payment system, announces pre-ICO
CREDO is a new generation multifunctional payment system based on an algorithm that involves the participation of an independent agent in the financial transactions.
Coinbase freezes Free Ross Ulbricht account
The account with donations in support of Silk Road's Ross Ulbricht was frozen by Coinbase, with 16.5 BTC remaining inaccessible.
UK regulator reminds about the associated risks of bitcoin
Trading in digital currencies is associated with the risk of losing vast amounts of money, Chris Woolard, the Financial Conduct Authority’s Executive Director of Strategy and Competition, said.
Former bitcoin-wallet Circle announced the launch of cross-border fee-free peer-to-peer multicurrency payments
A service of online payments Circle, previously known as one of the largest providers of bitcoin-payments infrastructure, has enabled transnational peer-to-peer money transfers in three approved currencies.
ZrCoin Startup Raises Over 7 Million USD from 4,000 Investors at ICO to Create Zirconium Production Facility
ZrCoin, a research and production startup, has raised $7.07 million in cryptocurrency from 3,955 investors during their crowdfunding campaign.
Bancor holds a record-breaking fundraising ICO
During the initial coin offering, Bancor has collected about $117 million.
Bitmain announces timeline of alternative SegWit protocol release
Bitmain, Chinese mining software and hardware producer, has announced a successful testing of SegWit2x, alternative scaling solution, whose alpha version is scheduled to be released on 16 June.
Coinsilium and HyperChain agree on co-investment in blockchain projects
A large London-based blockchain accelerator Coinsilium signed a memo of understanding with Singapore hedge fund HyperChain for a joint search of new blockchain projects and their investment.
UAE to strengthen Islamic banking and to ease the verification of tourists’ documents using blockchain
Emirates Islamic Bank, part of one of the UAE’s biggest financial groups Emirates NBD group, announced the integration of blockchain in its paper checks. At the same time the Dubai government is going to issue digital passports for foreigners, entering the country through Dubai airport.
