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Category Archives: CryptoMarkets

Coinigy Joins with Merkle Data to Provide Enhanced Data Standard

Coinigy, the Milwaukee-based cryptocurrency trading front-end and data service, announced an agreement Tuesday in which Merkle Data would provide its three cryptocurrency indexes to Coinigy’s customers. Merkle Data provides analytics and risk solutions to crypto institutions in part by analyzing the publicly available data that are a hallmark of the blockchain economy. Coinigy offers its customers a trading interface that is connected to 15 different cryptocurrency platforms. Customers can use the Coinigy interface to access their own accounts at the cryptocurrency platforms, providing what Derek Urben, the Coinigy CFO and director of business development, calls “remote control of their accounts.”…

Cyber Security: If You Are Not Compliant, You Are Not Secure Standard

If there is one phrase dreaded by all types of businesses in the US, it has to be “government regulation.”  So it was surprising to hear nearly all the speakers at the 2018 Global Cyber Security Initiative meeting last Friday agree that what their industry really needs is more regulation.  That almost unbelievable claim does come with a number of caveats, however.   The afternoon session began with Dr. Sujeet Shenoi, F.P. Walter Professor of Computer Science at the University of Tulsa, who scared the crowd with stories of just how vulnerable our cyber-infrastructure is.  This point has been made…

A Comprehensive Crypto Outlook: Pain, Progress and Metaphors Standard

It’s been 10 years and crypto – despite all of the debates and naysaying – is still here. In this video, Bcause Founder and Chief Marketing Officer Thomas Flake, Coinigy CFO and Director of Business Development Derek Urben, and Hehmeyer Trading + Investments CEO Chris Hehmeyer, talk about culling the crypto herd, mining hardware, scary practices, and institutional money in the space.  Produced by Mike Forrester  

FIA 2018 charts the rise of institutional crypto investors Standard

Like most people, I tend to pay more attention when someone directly addresses me or people like me. As a millennial, I tend to exercise this principle a lot, as we’ve been inundated by the word “millennials” over the past 10 years or so. We’re a hot topic. At the FIA Expo this year, the talks focusing on Digital Assets mentioned millennials frequently. This ranged from comments explicitly mentioning my demographic’s greater activity in crypto trading and investment compared with other generations, to jokes about using Bakkt to buy pumpkin spice lattes – a stereotypical seasonal favorite for younger consumers…

Blockchain tokenization: a simplified explanation Standard

436 & 442 East 13th Street, Manhattan, New York: that’s the address of Manhattan’s first tokenized real estate asset, a 12-unit luxury condo building valued at $30 million. Forbes posted a story last week about the building, which turned its shares into tokenized securities in order to “remove the unruly pressure of traditional bank financing.” The blockchain space is full of both technical jargon and empty, flashy buzzwords. It is sometimes hard to tell which is which – this can make trying to learn anything about the space a vexing task. One of the most important terms to know is…

ErisX Enters the Crypto World With New Spot and Futures Platform Standard

It looks like there is a growing market for regulated exchange trading of cryptocurrencies. ErisX, the U.S. futures exchange best known for offering listed interest rate swap futures, just announced plans to launch a derivatives exchange (DCM) and clearing organization (DCO) that will offer digital asset futures and spot contracts on one platform. The exchange plans to offer contracts on bitcoin, bitcoin cash, ethereum and litecoin. This is going a step beyond the CME and the Cboe, which began offering cryptocurrency futures in December 2017. Eris needs a DCO license to clear its crypto contracts; that application is pending with…

Introducing Bitmain Standard

In preparing for its IPO, Bitmain, a Chinese bitcoin-mining services firm, has provided detailed insights into its operations. As one of the largest business entities in the industry and occupying as it does a central position in the industrial organization of bitcoin, Bitmain’s filings reveal a lot about the forces behind cryptocurrency economics. Introducing Bitmain BitMain Technologies Holding Company is the world’s largest producer and seller of bitcoin mining equipment. On Wednesday, September 26, they filed a much anticipated (draft) prospectus for an IPO on the Stock Exchange of Hong Kong. Since it’s a draft, Bitmain felt free at this…

Look Who’s Talking Standard

Last week many of us were surprised to hear EF Hutton talk again – Wow! They exist? – when Hutton issued three press releases over eight days. Hutton has emerged as potentially much cooler, socially conscious version of a money machine and not just because the money takes the form of cryptocurrency. It seems that Hutton’s brand had been hanging out somewhere deep in Citigroup until half a dozen years ago when it was resurrected and sent out to fare on its own. EF Hutton today is a broker dealer unit of HUTN, Inc. Based in Springfield, Ohio, HUTN’s CEO…

How blockchain may be used to create “smart cities” – Paul Doherty of TDG Standard

Paul Doherty, founder and chairman of The Digit Group (TDG), a company that designs, builds, and maintains what he calls “smart cities” around the world, was one of the speakers at Chicago’s 2018 “Voice of Blockchain” event at Navy Pier last month. In 2017, Doherty accompanied Donald Trump on his trip to China as part of a delegation of 30 CEOs from major U.S. companies. The trip proved fruitful for TDG – Doherty and Gong Yueqiong, president of the Chinese company Foton Motor Group, signed a memorandum of understanding (MOU) during the trip. According to the MOU, Foton Motor Group,…