Exclusive: Crypto exchange Coinbase appoints new UK boss August 25, 2020 Coinbase, one of the world’s largest cryptocurrency exchanges, has appointed Marcus Hughes as its new general manager in the UK and Europe, City A.M. can reveal. Hughes, who joined the San Francisco-headquartered exchange in 2018 as legal counsel, will be tasked with growing the business across the region at a time of rapid change for [...]
Japan Sees its First Crypto Seizure As Binance Helps Take Down Money Laundering Group August 25, 2020 This week the price of Bitcoin (BTC) moved sharply up and surpassed the $12,000 mark to hit a high shortly above it. The price has since declined to a weekly low at $11,500, before recovering to $11,750, according to data from CrpytoCompare. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week at $425 [...]
The Lawyer’s Role in Innovation August 25, 2020 According to the recently published results of the UK Innovation Survey 2019, innovation activities have been on the decline since a peak in 2012-2014, with only 38% of businesses considered “innovation active” in 2016-2018. Notwithstanding this, the phrase “innovation” is near ubiquitously referenced within the legal industry. Which begs the question, how do lawyers actually [...]
Bitcoin Is Here To Stay August 25, 2020 At a time of economic uncertainty, I’m certain about one thing: Bitcoin is here to stay. How can I be so confident? In its short life, Bitcoin has already been counted out numerous times. There is even a website that tracks each of its obituaries. However, each time it has come back stronger, and most [...]
Crypto A.M. shines its spotlight on Protokol; enterprise blockchain, simplified August 25, 2020 Gartner predicts that the business value-add of blockchain will grow to over $176 billion by 2025, and exceed $3.1 trillion by 2030. However, despite most businesses understanding that blockchain can unlock a huge range of benefits, enterprise adoption has been cautious. Many organisations are struggling to understand how to use blockchain technology in a way [...]
The Dark Side of the Ethereum Name Service (ENS) August 25, 2020 Once again it feels like the technologists are dragging us down a rabbit hole of complexity and claiming that blockchain and crypto will be our saviours. The next ‘magic bunny’ out of the crypto hat? Ethereum Name Service or ENS for short So what the heck is ENS? Ethereum Name Service (ENS) is a service [...]