Stories by Ben Munster
BitGo integrates Tron with hot wallets, custody solutions
California-based crypto custody firm BitGo will now support digital currency Tron, the company announced today. BitGO will offer Tron functionality across both its hot (online) wallet and cus...
News
Cryptocurrencies
Ben Munster
G20 finance committee welcomes “global stablecoins,” despite challenges
G20 leaders are stumped by the prospect of “global stablecoins.” The Financial Services Board, a committee set up by the G20, wrote in a letter to leaders Monday that fiat-pegged digital curr...
News
Technology
Ben Munster
Telegram mulls delaying token sale : report
Messaging platform Telegram may delay the planned October 31 launch of its $1.7 billion worth of tokens after the US Securities and Exchange Commission deemed it “unlawful.” “Gram” investors ...
News
Cryptocurrencies
Ben Munster
Ethereum Classic's plan to seduce Ethereum’s miners
In Vancouver at the annual Ethereum Classic Summit on October 3, the Ethereum Foundation’s Virgil Griffith took to the stage to ruminate on the burgeoning friendship between two formerly bitte...
News
Cryptocurrencies
Ben Munster
Facebook’s Libra must meet “highest standards,” says Bank of England
The Bank of England has laid out guidelines for the launch of Facebook’s proposed digital currency, Libra, tentatively welcoming the project while warning that it will need to meet the “highes...
News
Business
Ben Munster
Crypto goes full circle with “government-guaranteed gold-backed stablecoin”
A crypto startup is launching a token backed by government-guaranteed gold reserves, proposing it—perhaps somewhat ironically—as an alternative to volatile dollar-backed alternatives. The Aus...
News
Cryptocurrencies
Ben Munster
Ethereum likely a commodity, says CFTC chair
The Chairman of the U.S. Commodities and Futures Exchange Commission has said the cryptocurrency Ethereum (ETH) is likely a commodity, and that the commision might be open to futures trading. ...
News
Cryptocurrencies
Ben Munster
Bank for International Settlements to study digital currencies
The Bank for International Settlements, the “central bank of central banks,” has announced that it is looking into “digital bank central money” and “tokenized assets.” In partnership with the ...
News
Cryptocurrencies
Ben Munster
US Senators call on Libra partners to “proceed with caution”
US Senators Brian Schatz (D-HI) and Sherrod Brown (D-OH) have sent letters to payment companies Stripe, MasterCard and Visa, urging them to “proceed with caution” over their membership in the ...
News
Cryptocurrencies
Ben Munster
Advisory firm Gartner puts blockchain tech in the “Trough of Disillusionment”
Blockchain technology is descending into the “Trough of Disillusionment,” and will not re-emerge before at least the year 2021, according to a new report by research and advisory firm Gartner....
News
Cryptocurrencies
Ben Munster
Bitcoin price outlook shifts from “bullish to neutral” as geopolitical tensions simmer
The summer of wild crypto price rallies is over, as Bitcoin and other assets succumb to the same “macroeconomic forces” that have sent global stocks into a tailspin. Data from crypto exchange...
News
Cryptocurrencies
Ben Munster
Emirati royals back forthcoming Ethereum “DeFi” offering
Two Emirati royals are backing an obscure crypto token billing itself as the “first” to have won the endorsement of a royal family. Khalfan Saeed Khalfan Al Mazrouei and Sheikh Abdullah Bin ...
News
Cryptocurrencies
Ben Munster
EU finance commissioner vows Libra regulation
The bureaucrats’ resistance to Libra continues apace, with the EU's Finance Commissioner Valdis Dombrovskis today vowing to regulate digital currencies like Facebook’s Libra, should he be re-e...
News
Cryptocurrencies
Ben Munster
Ethereum micro-tipping platform TipJar shuts down
Crypto micro-tipping platform TipJar shut its doors Monday, citing a lack of users and wasteful server expenses. The Reddit-based platform, which let users send Ether and ERC20-based micropaym...
News
Cryptocurrencies
Ben Munster
Widow of QuadrigaCX founder to pony up $9 million to bankruptcy trustee
The widow of the late founder of now-defunct Canadian crypto exchange QuadrigaCX plans to transfer $9 million (CA$12 million) of her own cash and personal assets to the exchange’s bankruptcy t...
News
Cryptocurrencies
Ben Munster
NBA’s Sacramento Kings unveil crypto token for rewarding fans
Fans of the NBA’s Sacramento Kings will now be rewarded with a blockchain-based token if they demonstrate sufficient “engagement.” The “Kings Token” was developed by crypto startup Blockparty,...
News
Cryptocurrencies
Ben Munster
Smaller Tether prints have bigger impact on market, data shows
Every couple of days, weeks or months, the stablecoin company Tether mints hundreds, thousands or millions of dollars' worth of its eponymous, dollar-pegged digital currency, tether. These “pr...
News
Cryptocurrencies
Ben Munster
Odds on: CoinFLEX lets you bet on Libra’s success or failure
It’s only natural that speculators would want to bet on the regulatory back-and-forth around Facebook’s planned digital currency, Libra—and now they can. CoinFLEX, a Seychelles-based exchange ...
News
Cryptocurrencies
Ben Munster
Lawsuit alleges Tether manipulated the “largest bubble in human history”
A class action lawsuit alleges that stablecoin issuer Tether fraudulently inflated cryptocurrency markets by issuing unbacked dollar-denominated tokens, causing “the largest bubble in human hi...
News
Cryptocurrencies
Ben Munster
Walmart and IBM team up to track shrimp using blockchain
Walmart has announced a pilot to track shrimp imports from India to the USA using blockchain technology. The retail giant plans to track shrimp imports between Andhra Pradesh, a gorgeous coast...
News
Cryptocurrencies
Ben Munster