Krasimir Buchvarov

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Krasimir has been following the development of blockchain technology for several years and is optimistic about its potential. He covers breaking news in the sphere, focusing on innovation, regulation, and the cryptocurrency market.
Deutsche Bank Joins J.P. Morgan's Blockchain Network

Deutsche Bank Joins J.P. Morgan’s Blockchain Network

  • The Interbank Information Network is built on top of the Quorum network and will be using the JPM Coin.
  • Deutsche Bank hopes to reduce the cost of processing difficult payments and drive the company towards ubiquity.
3 Alleged North Korean Hacker Groups Sanctioned By the U.S.

3 Alleged North Korean Hacker Groups Sanctioned By the U.S.

  • The Lazarus Group, Bluenoroff and Andariel have alegedly been responsible for hacking five exchanges in Asia between 2017 and 2018.
  • As a result of the sanctions, all assets owned by the hacking groups have been blocked, and must be reported to the Office of Foreign Assets Control (OFAC).
France to Block Facebook's Libra in Europe

France Wants to Block Facebook’s Libra in Europe

  • The French Economy and Finance Minister, Bruno Le Maire, said that Libra could pose a threat to the sovereignty of national currencies.
  • Le Maire also reportedly said that Facebook's Libra may eventually "substitute itself as a national currency", which could lead to financial disruption.
Registration for Binance.US will Begin Next Week

Registration for Binance.US will Start Next Week

  • Binance will finally be opening registration and deposits for its U.S.-based trading platform on 18 September, with six cryptocurrencies being available for deposit initially.
  • The platform will not offer trading services for New York-based customers, as the company has yet to apply for a "BitLicense".
ConsenSys Founder Joseph Lubin Joins the Governing Board of Hyperledger

ConsenSys Founder Joseph Lubin Joins the Governing Board of Hyperledger

  • Joseph Lubin, ConsenSys Founder and Ethereum Co-Founder, will also be joining the governing board of Hyperledger.
  • The company will also submit its Java-based Ethereum client, previously known as Pantheon, to the consortium as the project Hyperledger Besu.
Coinbase Considering the Launch of an IEO Platform

Coinbase Token on the Way?

  • Coinbase's Head of Institutional Sales in Asia said that an IEO platform presents a "really interesting opportunity" for the exchange.
  • A Coinbase IEO platform could indicate that the exchange will be issuing its own proprietary exchange token in the near future.
Initial Margin Limits for Bakkt’s Bitcoin Futures Contracts Revealed

Revealed: Initial Margin Limits for Bakkt’s Bitcoin Futures Contracts

  • The margin requirements for daily and monthly futures contracts will be $3,900.
  • Even though Bakkt's warehouse has been accepting deposits since 6 September, its Bitcoin futures contracts will be launched on 23 September.
The Gemini Cryptocurrency Exchange is Launching Its Own Custody Service

Gemini to Launch its Own Custodial Service

  • The new custody solution, Gemini Custody, will enable the exchange's customers to trade assets instantly.
  • The Gemini Custody will reportedly be highly secured, and will initially offer support for 18 digital assets, many of which are ERC-20 tokens.
MERJ is the First National Stock Exchange to Launch a Tokenized IPO

MERJ is the First National Stock Exchange to Launch a Tokenized IPO

  • The sale of the tokenized shares will begin today, 10 September, at 09:00 U.K. time.
  • The exchange is trying to raise $4 million through this sell, and will be issuing 1,652,893 new shares, with a price of $2.42 per share.
Facebook Strengthens its Libra Lobbyist's Team

Facebook Strengthens its Libra Lobbyist Team, Washington Influence

  • Lobbying disclosures filed last week have revealed that Facebook has hired two more lobbyists to help Libra.
  • The two lobbyists in question are William Hollier and Michael Williams.