Laissez Faire (LZF) offers a new digital currency to Fiat exchange platform run by professionals. It aims to provide a secure trading environment working within the US legal standards. LZF becomes the first digital currency exchange to legally launch its services across 49 states by complying with the financial regulations of each state. The exchange decided to stay out of New York as a way of protesting against the BitLicence regulations proposal. LZF has been trying to comply with all the demanded licenses and regulations of all states except New York, where the BitLicense is seen as a burden and an impediment to innovation. LZF will be annually investing around $30,000 to maintain their fiat markets and to keep the platform in full compliance with U.S….
SearchTrade, a new start-up, has said that the time a user spends on the internet will enable him to earn a Bitcoin, provided that the search engines he uses have been integrated with the company’s platform. In short, every time a user browses for any information, he will be able to earn a few Satoshis** easily. To earn more, a user can also buy keywords, this helps a keyword buyer because when others search for the same keywords, then the buyer again earns in the Bitcoin. The startup has said that the price of the keywords will be determined by the market while the company will provide an avenue through which the keyword transactions can take place conveniently. The enthusiasm for the Bitcoin can be gauged from the fact that the company has revealed that in the…
LedgerX, the bitcoin derivative exchange and trading platform started by ex-Wall Street honcho, Paul Chou has received a temporary approval from the United States Commodities Futures and Trading Commission. This approval means, the company can now have swap execution facility as part of its operations. The CTFC approval has been a long awaited one for LedgerX as it had applied for it almost a year ago. Even then, the approval LedgerX has received is a temporary one. However, the founder and CEO of the company Paul Chou has stated that they won’t be launching their exchange until they receive all required licenses to run their operations. LedgerX has been in the works for some time now. It has received support from various quarters. The company is already…
It is raining investments in the digital currency sector. A number of companies have raised millions of dollars in funding in recent days. Case Wallet Inc. also known as CryptoLabs has recently raised another tranche of seed investment of about $750,000 towards its bitcoin wallet business. Case Wallet Inc. is the manufacturer of Case secure hardware bitcoin wallets. The New York based startup has so far raised seed investment of about $2.25 million, including the earlier $1.5 million raised in June 2015. With the latest tranche of investment, the seed investment round stands closed. READ MORE: Bitcoin Wallet Company ‘Case’ Raises $1.5 Million in Seed Funding The investors behind Case Wallet’s seed funding round were led by FuturePerfect Ventures, a New York…
Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of Digital Asset Holdings. The Digital Asset Holdings is a venue for buyers and sellers of financial assets to meet and transact, switching currencies into bitcoin in order to cut the cost and time of settlement and make use of the decentralised Blockchain. Blythe Masters sits on the Top of blockchain technology startup Digital Asset Holdings, where she became the CEO in March. She spent 27 years at JPMorgan Chase, where she held some leadership positions, most recently as the head of its global commodities unit from 2007 to 2014. She has also been the CFO of its investment bank and held various roles managing credit risk at the…
Factom is perhaps the most anticipated project in the cryptocurrency ecosystem for 2015. Factom promises to introduce new blockchain based software that will bring developers the tools to build a new generation of applications using the blockchain technology while making it available to every type of organization. Factom introduced the first functional blockchain technology that provides an unalterable and safe record-keeping system. By using another data layer on top of the Bitcoin blockchain, the Factom protocol can secure millions of real-time records in the blockchain with a single hash. Factom Genesis, the beta version of Factom software, has already been launched and to celebrate, the team secured “The Universal Declaration of Human Rights” in 443 different…