What’s new in Cryptocurrency?
Bitcoin Mining Pioneer GigaWatt Seeks Bankruptcy Protection
Bitcoin mining pioneer, GigaWatt, seeks Chapter 11 bankruptcy protection in Spokane, Washington. The filing is the latest twist in an entrepreneurial saga stretching back to the early days of bitcoin and may be connected to efforts by three of the company’s majority shareholders to sell GigaWatt. One of its co-founders, David Carlson, a former Microsoft…
Read MoreSEC launches “FinHub” for Cryptocurrency, Blockchain, AI & Tech Companies
The SEC launch of its “FinHub” or Fintech Hub is a recent breakthrough for all innovators who engage in the Cryptocurrency, Blockchain, AI & Tech spaces. It will bring the SEC’s existing services to a single access point and provide an easier way for companies to communicate with the public, as well as a platform…
Read MoreHow can blockchain help with day-to-day business, consumer and government operations?
Blockchain is an innovative mechanism that has many societal uses and has already been benefitting private business and government. Supply chain management, Stock issuance, Overseas welfare distribution, Micro-Bond borrowing and more are all made more efficient, secure and trustworthy in execution by this technology. Please see the following article by Kevin Werbach of Wharton’s Legal…
Read MoreCryptocurrency Demystified!
As blockchain and cryptocurrency gain traction in our ecosystem, there are many uses and adaptations in all areas of commerce and other fields that are growing in scalability. For an on-target overview of this space, please consult the following article.
Read MoreRegulators grant payment company Square a BitLicense allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app.
Payment company Square got the green light from regulators Monday allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app. They had approval in most states but New York was by far the biggest one where you couldn’t trade bitcoin. For more information, please see the attached news release.
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