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Adam Reese

Writer, ETHNews | areese@ethnews.com

Adam Reese is a Los Angeles-based writer interested in technology, domestic and international politics, social issues, infrastructure and the arts. Adam is a full-time staff writer for ETHNews and holds value in Ether and BTC.
NEWS
cryptocurrencies and tokens

Venezuela’s Maduro Announces Asset-Backed State Cryptocurrency

Dec 4th, 2017
Adam Reese
Venezuela’s president has announced that his country will issue cryptocurrency backed by reserves of oil and other natural resources.
cryptocurrencies and tokens

Tezos Execs Want To Finance Legal Defense With Token Offering Funds

Dec 2nd, 2017
Adam Reese
Tezos co-founders Arthur and Kathleen Breitman are reportedly hoping to use money raised in the company’s token offering to pay their legal bills as they defend themselves against class-action lawsuits alleging fraud and the sale of unregistered securities.
NEWS
cryptocurrencies and tokens

White House Team Is Monitoring Cryptocurrencies

Dec 1st, 2017
Adam Reese
Press Secretary Sarah Huckabee Sanders has revealed that White House personnel are monitoring goings-on in the world of cryptocurrencies.
NEWS
business and finance

ECB Exec Implores Banks To Deliver Non-Crypto Instant Payments ‘ASAP’

Nov 30th, 2017
Adam Reese
A member of the ECB’s executive board has urged banks to implement instant payment systems, lest customers grow to prefer alternative services and move away from patronizing banks.
NEWS
business and finance

‘Big Four’ Firm PwC Receives Payment In Bitcoin

Nov 30th, 2017
Adam Reese
PwC, one of the world’s “big four” accounting firms, has received bitcoin in exchange for its services.
NEWS
technology

UN Holds Conference On Blockchain, Crypto In Africa

Nov 30th, 2017
Adam Reese
A United Nations organization held a meeting in Ethiopia where attendees discussed potential benefits and challenges of blockchain adoption on the African continent.
NEWS
law and legislation

Mexican Legislation Proposes Regulated Cryptobanks, Transfer Services

Nov 30th, 2017
Adam Reese
The director general of Mexico’s central bank has said that if a bill regulating FinTech activities is passed into law, it will establish a framework regulating institutions that store and transmit cryptocurrency on their clients’ behalves.
NEWS
business and finance

Bitcoin Too Small To Threaten Global Economy, Says Bank of England Deputy Governor

Nov 29th, 2017
Adam Reese
The BoE’s deputy governor says that bitcoin’s market capacity is too small to pose a significant threat to the global economy.
NEWS
cryptocurrencies and tokens

Confido May Refund Some Token Offering Proceeds

Nov 28th, 2017
Adam Reese
A letter from a Dutch law firm, which suggests that at least some investors in Confido’s token offering may receive refunds, has appeared on the troubled company’s website.
NEWS
law and legislation

Slew Of Crypto Laws Submitted To NY Assembly

Nov 28th, 2017
Adam Reese
Three of four crypto-related bills submitted to the New York State Assembly propose taskforces that would investigate various applications of blockchain technology. The fourth seeks to establish the legal validity of executable distributed code contracts and blockchain-based digital signatures.
NEWS
ecosystem

Buterin Lays Out Ethereum's Next 3-5 Years, Explains Sharding

Nov 27th, 2017
Adam Reese
Vitalik Buterin, the founder of the Ethereum blockchain, recently discussed the platform’s three-to-five-year plan, highlighting the strategy of increasing privacy and boosting scalability through sharding.
opinion

The Decentralized Union: A Blockchain Use Case, Part 2

Nov 25th, 2017
Adam Reese
In part one of this article, I proposed a new blockchain use case, the DAO union, and speculated as to who might benefit from such an organization. In the piece that follows, I examine some of the shortcomings that may be inherent in this system.
NEWS
healthcare

Firm To Use Blockchain For Real-Time Analysis Of Molecular Data

Nov 23rd, 2017
Adam Reese
Nano Global has announced it will develop a system-on-chip using blockchain technology to analyze molecular data and help identify treatments for superbugs, among other things.
world

Sberbank CEO: Cryptocurrencies Are A 'Fact Of Our Life'

Nov 22nd, 2017
Adam Reese
Sberbank CEO Herman Gref has expressed his belief that cryptocurrencies are “a fact” of life, and that no amount of regulation can turn back the clock on this emerging phenomenon.
NEWS
application

Blockchain Can Prevent Odometer Fraud, Says EU Parliament

Nov 22nd, 2017
Adam Reese
The European Parliament has issued a report on odometer tampering which suggests that blockchain technology could be an effective means of combating the practice.
NEWS
business and finance

Executive Round-Up: Jack Ma And Patrick Byrne Discuss Bitcoin, Blockchain

Nov 21st, 2017
Adam Reese
Recently, two high-profile executives, Alibaba Group’s Jack Ma and Overstock.com’s Patrick Byrne, have publicly discussed their perspectives on bitcoin and blockchain technology. Ma came off as lukewarm toward the former and optimistic about the latter, while Byrne appears enthusiastic across the board.
NEWS
business and finance

Citi, JP Morgan Complete Equity Swap Pilot

Nov 21st, 2017
Adam Reese
Several major financial institutions, including Citi, JP Morgan, and Goldman Sachs, took part in a pilot that successfully tested a blockchain-based equity swap management system.
NEWS
world

Bitcoin Will Never Be ‘Legal Entity,’ Says Russian Minister

Nov 20th, 2017
Adam Reese
Russia’s Minister of Communications and Mass Media has stated that while the Russian government is interested in some blockchain technology use cases, it will not recognize bitcoin “as a legal entity.”
NEWS
cryptocurrencies and tokens

Confido's Token Value Plunges As Firm Appears To Go Dark

Nov 20th, 2017
Adam Reese
Confido holders and other members of the cryptocurrency community are closely monitoring developments after an announcement regarding apparent legal problems on November 20 and the deletion of company social media accounts.
NEWS
world

Risks, Benefits Of Blockchain In Education: The EC Weighs In

Nov 17th, 2017
Adam Reese
A new European Commission report lays out some of the ways that the education sector can benefit from incorporating blockchain technology. Many of the use cases revolve around certificate-issuance and record-keeping.