Author: Ian Allison

Breitling Goes Live With Ethereum-Based System to Put All New Watches on the Blockchain – CoinDesk

CoinDesk

The actual Breitling watch given to James Bond in the 1965 film “Thunderball” (it had a built-in Geiger counter) apparently wound up being sold at a car boot sale for £25 ($33). The collector’s piece was later auctioned at Christie’s Read More

This Ethereum Startup Is Building a ‘DeFi Firewall’ for Institutional Investors – CoinDesk

CoinDesk

As decentralized finance (DeFi) balloons to a roughly $10 billion market, infrastructure builders are coming up with ways to reduce the associated risks. Announced Wednesday, wallet and custodial technology provider Trustology has added a “DeFi Firewall” to its suite of Read More

Leaked EU Draft Proposes All-Encompassing Laws for Crypto Assets – CoinDesk

CoinDesk

A leaked version of rules to be issued later this month by the European Commission proposes an all-encompassing set of regulations covering the trading or issuance of digital assets across the 27-nation bloc.  Europe’s Markets in Crypto-Assets (MiCA) draft legislation Read More

Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist – CoinDesk

CoinDesk

“A pandemic-led acceleration of adoption.”  That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a respected multinational bank and its Read More

Carbon Credits Have a Double-Spend Problem. This Microsoft-Backed Project Is Trying to Fix That – CoinDesk

CoinDesk

The InterWork Alliance (IWA), a tech-agnostic token standardization initiative that grew out of the Enterprise Ethereum Alliance, is working on blockchain tools to prevent the “double-spending” of carbon credits. Carbon accounting works by allowing countries or corporate entities to pay Read More

How One Firm Is Addressing the Interoperability Problem Posed by FATF’s Travel Rule – CoinDesk

CoinDesk

Crypto companies enthusiastically building solutions to bring the industry in line with anti-money laundering (AML) benchmarks may be creating their own interoperability problem. There are a number of promising and popular solutions coming to the fore, but If a virtual Read More

New Enterprise Ethereum Director Widens Tent to Include Exchanges and DeFi – CoinDesk

CoinDesk

Enterprise Ethereum Alliance (EEA), the business end of the second-largest blockchain, has appointed a new executive director, Daniel C. Burnett. Burnett, who previously worked as a standards architect within Ethereum-focused ConsenSys, wants to widen the EEA’s scope beyond banks and Read More

Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm – CoinDesk

CoinDesk

Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.  Announced Wednesday, the crypto custody tech provider, which uses a technique called multi-party computation (MPC), received investment Read More

Elliptic Follows Chainalysis in Adding Zcash to Monitoring Platform – CoinDesk

CoinDesk

Blockchain analysis company Elliptic has added two privacy coins to its monitoring platform. Announced Tuesday, the addition of zcash (ZEC) and horizen (ZEN) will provide exchanges and institutional investors insight into when a transaction trail ends so they can take Read More

Sovrin Foundation Sheds All Paid Staff in Tale of a Token Issuance Gone Wrong – CoinDesk

CoinDesk

The COVID-19 crisis may have been the last straw for a non-profit digital identity organization, breaking its efforts to raise funds to pay staff and carry out a regulated token issuance. The Sovrin Foundation, a U.S.-based umbrella organization that oversees Read More

Ultra-Rich Monaco Wants to Fund Social Impact Projects With Security Tokens – CoinDesk

CoinDesk

The Principality of Monaco, a popular haven for the mega-rich, has begun approving security token fundraising efforts, the first step to becoming a regulated on-chain finance hub. Announced Thursday, Monaco’s Office of Digital Affairs has signed a memorandum of understanding Read More

FATF Meets Wednesday to Discuss ‘Travel Rule’ for Digital Assets – CoinDesk

CoinDesk

The Financial Action Task Force holds its summer plenary meeting Wednesday, covering a gamut of topics around anti-money laundering (AML) and counter-terrorist financing (CTF). With cryptocurrency now firmly in the global watchdog’s sights, here’s what to expect from the hearing, Read More