Business News

2018 and Beyond: Tokens Are Eating the Firm

Tekin Salimi is a corporate lawyer and principal at Xastris.io, a blockchain advisory firm specializing in regulatory, capital Markets and ICO execution services. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. One of the most fascinating outcomes of the 2017 gold rush into open-source protocol development is the growth of “community management” – a business function that combines elements of Marketing, business development, Investor relations and human resources. Community managers are being hired en masse. Their job [...]

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My Advice for ICOs? I’m Sorry I Was Right…

Jason Seibert, esq. leads a small law practice focusing on securities fraud, transactions and fiduciary duties, and host of the “I’m Not Your Lawyer” podcast. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Since 2015, people have asked me what I think about all kinds of things in the crypto-securities world. After working on the SEC v. Shavers case, I had the opportunity to speak at several locations, and to consult with a lot of businesses. [...]

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Bitcoin Takes All? Enterprise Blockchains Need Time, Too

Marc Hochstein is the managing editor of CoinDesk and the former editor-in-chief of American Banker. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Last week I described how Bitcoin, as a deflationary currency, encourages delayed gratification. Now there’s evidence that Bitcoin’s straight-laced twin, enterprise blockchain technology, requires such an attitude as well. Overshadowed by the Bitcoin price action, the enterprise use case  – and one of its most prominent evangelists – scored a major advance last [...]

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Blockchain’s Big Year: Competitive Job Market Grows More Than 200%

The number of blockchain jobs posted in the U.S. this year has seen a dramatic increase, according to data provided to CoinDesk from one of the largest jobs sites. The just-published statistics from Indeed.com indicate that, since last December, that number has increased by 207 percent. Even more dramatically, the number of blockchain jobs has increased 631 percent since November 2015. Showing how hot cryptocurrency has become this year after being generally overshadowed by blockchain in 2016, 15 out of [...]

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Topped Out? Bitcoin Flirts with Short-Term Bearish Reversal

Bitcoin prices are taking a hit at press time, and could suffer a deeper pullback over the weekend, the price charts indicate. Notably, it’s only been a day since the cryptocurrency clocked an all-time high of $11,363.99, before falling more than 15 percent to $9,295.79, as per CoinDesk’s Bitcoin Price Index (BPI). In the Asian hours, Bitcoin regained some poise, moving to a high of $10,681 today, before starting to drop again at around 05:00 UTC. The cryptocurrency was last seen [...]

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National Economics, Gambling and Cryptocurrency: A Perfect Storm?

Noelle Acheson is a 10-year veteran of company analysis, corporate finance and fund management, and a member of CoinDesk’s product team. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers. The gambling world is no stranger to disruption. Just as online platforms are pushing aside evocative, casino-based settings, they themselves are starting to face big change. The threat – or the opportunity – comes from two trends, one cultural and one technological. [...]

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Top Secret? Microsoft Opens Door to Government Blockchain Use

The U.S. government’s most sensitive data could soon be secured on a blockchain. Revealed today at Microsoft’s Government Cloud Forum 2017 in Washington D.C., the tech giant is launching Azure Government Secret – a service designed to provide government agencies better access to cloud computing. In doing so, however, Microsoft is notably opening the door to its blockchain offering – along with the new service, it is also allowing its existing Government Cloud clients access to the Microsoft Azure blockchain-as-a-service [...]

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‘Massive Disruption’: IMF’s Lagarde Says Cryptocurrencies Must Be Taken Seriously

Christine Lagarde, managing director of the international monetary fund (IMF), has warned that central banks and financial services need to pay closer attention to cryptocurrencies. Speaking to CNBC at the IMF’s Annual Meetings in Washington D.C., Lagarde said: “I think that we are about to see massive disruptions.” According to Lagarde, cryptocurrencies could play a future role in updating the IMF’s own internal currency, a reserve asset named the Special Drawing Right (SDR). She said: “What we will be looking into is how this [...]

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Regulated Cryptocurrency Betting Just Got a Big Boost in Europe

Regulated cryptocurrency gambling is about open up across a large swathe of Europe. Announced today, major eSports platform Unikrn has been awarded a gambling license in Malta, a move that will open up its platform to real-money wagering via its UnikoinGold crypto token. UnikoinGold – which is based on the ERC-20 ethereum standard and is currently being distributed via a token sale or ICO – is being deployed as a medium for real-money wagering in licensed jurisdictions. And, with the Malta licensure, that [...]

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Survey: Most Medical Group Execs See Promising Role For Blockchain

A new survey of the health care industry has found that executives from hospitals, managed care organizations and other groups are moving to explore blockchain applications in their field. Black Book Research queried 88 health care payers (or institutions that finance medical services) and 276 technology executives, managers and IT specialists from the field, according to the report, which was published on October 3. Among the findings: 90 percent of managers and IT specialists from medical groups felt blockchain could [...]

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