Nasdaq Successfully Trials Blockchain Platform for Efficiently Handling Margin Calls

Nasdaq Successfully Trials Blockchain Platform for Efficiently Handling Margin Calls

Nasdaq, a financial giant, best known for being a global stock exchange operator, has reported a successful trial of a new blockchain-based application, which will provide an efficient securities collateral solution. According to an official press release, the platform was jointly developed by Nasdaq, securities services provider ABN AMRO Clearing and financial services firms EuroCCP … Continue reading Nasdaq Successfully Trials Blockchain Platform for Efficiently Handling Margin Calls

‘Cryptocurrencies are here to stay’ — The new Chairman of Malta Bankers Association

'Cryptocurrencies are here to stay' — The new Chairman of Malta Bankers Association

Malta has been in the spotlight of the blockchain space. The island made itself a reputation of ‘a blockchain island’ for offering tax incentives and jurisdictional certainty to cryptocurrency-based businesses. Marcel Cassar, the newly appointed chair of Malta Bankers Associations has shared his vision of blockchain and cryptocurrencies in an interview to local news outlet … Continue reading ‘Cryptocurrencies are here to stay’ — The new Chairman of Malta Bankers Association

John McAfee To End His Involvement With ICOs Following “SEC Threats”

John McAfee To End His Involvement With ICOs Following “SEC Threats”

The cybersecurity behemoth John McAfee has announced that he intends to end his work relating to so-called ICOs (initial coin offerings). Moreover, McAfee has cited ”SEC threats” as the primary reason as to why he will end his involvement with token sales. McAfee has previously been a major player in the ICO field, as he … Continue reading John McAfee To End His Involvement With ICOs Following “SEC Threats”

EOS Freezes User Funds to Prevent Potential Theft, Violating Its Own Constitution

EOS Freezes User Funds to Prevent Potential Theft, Violating Its Own Constitution

According to a Steemit post, EOS has frozen seven accounts that were subject to a phishing scam. The move, initiated by the 21 block producers (BPs) might seem like a logical decision, as it will stop fraudsters from relieving several users from more than $20,000 worth of the digital currency. However, the freeze also raises … Continue reading EOS Freezes User Funds to Prevent Potential Theft, Violating Its Own Constitution