London news-Page 5
Judge Dismisses Libel Suit Against Roger Ver Over Lack of Jurisdiction
A Justice of the High Court of England and Wales has dismissed a libel lawsuit against Bitcoin Cash (BCH) proponent and Bitcoin.com CEO Roger Ver. Justice Matthew Nicklin of the Queen’s Bench Division threw out the case earlier this week, according to a decision published on July 31. Back in May, Craig Wright — an Australian computer scientist who claims he is Satoshi Nakamoto, the creator of Bitcoin — served Ver with a libel suit in London. Wright accused Ver of calling him a fraud and a liar, among other things. Justice Nicklin wrote: “The Claimant has not satisfied me …
Bitcoin / July 31, 2019
Court Calls on Craig Wright’s Wife to Testify in Ongoing Kleiman Case
Judge Bruce Reinhart, who is overseeing the ongoing Kleiman v. Wright case, has requested international assistance in order to call Ramona Watts, Craig Wright’s wife, to the stand. Judge Reinhart sent his request to the Senior Master of the Queen’s Bench Division of the High Court in Strand, London, according to a court filing dated July 22. As per the filing, Judge Reinhart sent the request because he believes that the witnesses being called — three in total — have directly relevant evidence pursuant to the case. Regarding Watts, Reinhart wrote that she is being called in order to produce …
Bitcoin / July 25, 2019
Experts Cite Specialization as Key to Blockchain’s Incorporation Into Financial Services
Four experts discussed the future blockchain in financial services, agreeing on the importance of specialization in a panel on crypto derivatives at Synchronise Europe in London today, June 18. Some of the original conceptualisation of blockchain needs to be available publically to be materially modified to suit the needs of diverse financial services, said Kelly Mathieson, head of enterprise solutions at Digital Asset. Mathieson argued that enterprise grade versions of blockchain technology are now viable, and that there has been a divergence from the original blockchain concept. Those versions of blockchain are needed to be changed in a way that …
Adoption / June 18, 2019
Coinbase Custody Holds $1.3B in Assets Under Custody, Expects to Hit $2B ‘Soon’
Coinbase Custody revealed that it holds $1.3 billion in assets under custody (AUC) and the firm expects to hit $2 billion AUC soon in a Twitter thread published on June 13. In a series of tweets, what is evidently the official Coinbase Custody Twitter account reported that last week the company’s CEO, Sam McIngvale, and its chief information security officer, Philip Martin, visited the United Kingdom. The purpose of the visit was reportedly “to discuss the institutional cryptoeconomy with a range of prospects and clients.” During the meeting, the firm’s representatives argued that, while many believe that there are no …
Bitcoin / June 15, 2019
Financial Service Giant BNY Mellon Appoints New Head of Blockchain
New York-based global investments company, Bank of New York Mellon (BNY Mellon), has named Subhankar Sinha as the company’s Head of Blockchain, according to a May 13 press release. Sinha’s role in the corporation will be to work on creating and furthering partnerships with startups, accelerators and other businesses in the blockchain field. Sinha previously worked as a director for the London-based international accounting firm PwC, co-founding and co-leading the firm’s American blockchain consulting practice. After leaving PwC, he created a firm to advise startups on business models. BNY Mellon put out a job offer (now defunct) for the role …
Blockchain / May 14, 2019
Global Demand for Blockchain Engineers Up 517 Percent in a Year, Says Hired
The global demand for blockchain engineers is up by 517 percent year-over-year, according to a report released by recruitment company Hired on Feb. 28. The document also notes that the second-fastest growing software engineering role is security engineer, with 132 percent growth, and third is embedded engineer, up 76 percent. The blockchain engineer role also consistently stayed among the top-three most-paid software engineering jobs in the various cities covered in the report. Specifically, blockchain engineering is the second most-paid software engineering specialization in New York and London, the third in the San Francisco Bay area and Toronto, and the first …
Blockchain / Feb. 28, 2019
NYSE Operator’s Long-Awaited Crypto Platform Bakkt Announces New Key Vacancies
Bakkt, the cryptocurrency platform created by the operator of the New York Stock Exchange (NYSE), announced that they are hiring for a number of high-up positions in a tweet Jan. 22. The Intercontinental Exchange’s (ICE) much-awaited crypto platform published a list of eight evidently new vacancies at the company, all of which are based in Atlanta and New York City. Some of the positions also have Hong Kong, Tokyo, San Francisco, London, Tel Aviv and Singapore listed as available locations. The page specifies that the company is mostly trying to hire a number of developers, mostly at director and senior …
Etf / Jan. 22, 2019
Following $120 Million Funding Round, Waves Token Price Jumps Over 30%
Global blockchain platform Waves has raised $120 million in a private funding round for its new project called Vostok, according to an official blog post published Dec. 19. The Vostok project is a “universal blockchain solution” that combines two basic components — its own private blockchain platform, and the Vostok system integrator, a tool for developing and optimizing the platform. The Vostok blockchain is focused on the deployment of Waves technologies for commercial and government IT systems. The new product will reportedly help the Waves Platform to develop new technologies such as artificial intelligence (AI), Internet of Things (IoT), and …
Decentralization / Dec. 20, 2018
UK Watchdog Warns of Crypto Scams Using ‘Prestigious’ London Addresses as Smokescreen
The U.K.’s Financial Conduct Authority (FCA) has said that crypto investment scams are increasingly targeting British investors, in an official warning published August 17. The watchdog warns that fraudsters often use celebrity images, slick websites or “prestigious” City of London addresses as a smokescreen through which to lure prospective investors. It adds: “Scam firms can manipulate software to distort prices and investment returns. They may scam people into buying non-existent cryptocurrencies. They are also known to suddenly close consumers’ online accounts and refuse to transfer the funds to them or ask for more money before the funds can be transferred.” …
Cryptocurrencies / Aug. 17, 2018
London School of Economics Introduces Online Course on Crypto
The London School of Economics (LSE) will be offering an online course on cryptocurrency investing, starting in August 2018, Financial Times reports Monday, July 9. According to the announcement, the new course dubbed “Cryptocurrency Investment and Disruption,” will help students learn some “practical skills to interact with cryptocurrency exchanges,” including how to use cryptocurrency wallets, as well as “evaluate the analytics” of initial coin offerings (ICOs). The LSE, which is alma mater to 36 “world leaders” and 18 Nobel Prize laureates, claims it is known for its motto to “understand the causes of things.” By introducing the course, the university …
Bitcoin / July 10, 2018
Third Largest Crypto Exchange Huobi Opens London Office, Sets OTC Trading for Q3 2018
Chinese cryptocurrency exchange Huobi confirmed the opening of its London office June 28, with over-the-counter (OTC) trading tests set to begin in Q3 this year. In a press release shared with Cointelegraph, Huobi, which claims to have a global user base of “more that five million,” continued its recent narrative that expansion into Europe was a priority, with London a deliberate choice for basing its new operations. “London was selected as the first office in Europe, due to its preeminence as a global financial center and the largest cryptocurrency trading centre in the region with an active blockchain community and …
Bitcoin / June 28, 2018
Number of Women Eyeing Crypto Investing Doubled Since Start of Year
Over the last six months, the amount of women considering an investment in cryptocurrencies has gone from 6% to 13%, reports City A.M. June 9. The report was based on a market research conducted by a UK cryptocurrency exchange London Block Exchange, which shows that cryptocurrency is most popular with women in the millennial generation, one out of five of whom express a desire to invest. The research also suggests a difference in the way men and women invest, with women taking a more strategic approach as they are 50% less likely than men to suffer from a “fear of …
Blockchain / June 11, 2018