Blockchain Technology Faces a Tug of War Between Scalability and Decentralization

Blockshow Asia 2019 hosted some big names today for a panel on blockchain scalability. All the speakers agreed: people have to choose between scalability and decentralization. The panel included Max Kordek, CEO at Lisk; Matthew Tran, founder of Etherscan; Saranya Sriram, technical lead at Microsoft Azure; and Xinxi Wang, co-founder of Litecoin Foundation.  It attracted […]

Continue Reading

BaFin Orders Gold-Backed Token Issuer to Cease-and-Desist Order

The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany.  BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov. 11 announcement. Karatbit describes itself as a provider of a blockchain-based payment system […]

Continue Reading

Bitstamp Crypto Exchange Expands Into Asia-Pacific Region With New Hire

Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region. In a Nov. 13 press release, Bitstamp announced that Leelarthaepin was joining the company to further expand the exchange’s presence in Asia-Pacific “to meet the growing level of demand for the exchange’s services.”  Bitstamp’s struggle to […]

Continue Reading