Matthew De Silva
Writer, ETHNews | firstname.lastname@example.org
Matthew is a writer with a passion for emerging technology. Prior to joining ETHNews, he interned for the U.S. Securities and Exchange Commission as well as the OECD. He graduated cum laude from Georgetown University where he studied international economics. In his spare time, Matthew loves playing basketball and listening to podcasts. He currently lives in Los Angeles. Matthew is a full-time staff writer for ETHNews.
Jul 4th, 2017
On July 3, 2017, a Change.org petition appeared, entreating Amazon to recognize payments in Ether. But don’t hold your breath just yet.
Jul 1st, 2017
Due to the increasing popularity of cryptocurrency, it has become necessary to develop a brief guide for trading jargon. What follows is an outline of the basic terminology used by major cryptocurrency exchanges. Virtually all of these terms are used in conventional securities trading as well.
Jun 30th, 2017
Virtual currency presents terrific potential for small business owners. Eleesa Dadiani, director of London-based gallery Dadiani Fine Art, shared her thoughts on how virtual currency is revolutionizing economic infrastructure and self-identity.
On June 28, the Illinois General Assembly passed House Joint Resolution 25 for the creation of the Illinois Legislative Blockchain and Distributed Ledger Task Force, which would study how state and local governments might benefit from blockchain-based recordkeeping and service delivery.
On Thursday, June 29, INFURA announced that it has partnered with MyEtherWallet (MEW) and will provide MEW with “dedicated back-end infrastructure.” Additional node capacity will take some pressure off the web-based wallet provider.
Daimler AG, the parent company of Mercedes-Benz, has successfully launched a corporate promissory note with a volume of 100 million euros using a private Ethereum blockchain. This implementation serves as a pilot project for future capital market transactions.
Jun 28th, 2017
Anthony Murgio of Coin.mx has been sentenced to prison after pleading guilty earlier this year to operating the unlicensed bitcoin exchange suspected of laundering money for ransomware hackers. Murgio was previously tied to a 2014 data breach at JPMorgan Chase & Co. which compromised personal information from 83 million accounts.
Jun 27th, 2017
The Pistoia Alliance recently revealed the results of its webinar survey of senior pharmaceutical and life science leaders. While 22 percent of life science companies have implemented or experimented with blockchain technology, 83 percent of survey respondents anticipate blockchain adoption within the next five years.
Jun 24th, 2017
Bureaucratic squabbling and ambiguous governmental regulation have hampered American innovation in the blockchain and cryptocurrency ecosystem. Without a robust legal framework, the US relinquishes its global economic authority.
Jun 24th, 2017
During spring 2017, Swedish tanker shipping company Stena Bulk hosted a project by MBA candidates from MIT’s Sloan School of Management. Investigating blockchain, the students presented recommendations for how Stena Bulk might utilize the technology.
Jun 23rd, 2017
MGT Capital Investments, Inc. (MGT) announced its purchase of 60 mining computers from Bit5ive LLC. MGT will expand its mining efforts to include Ethereum and Ethereum Classic.
Jun 23rd, 2017
On June 20, 2017, the Ethereum blockchain processed a record 308,488 transactions. The network and its corollary businesses have struggled to support the surge in activity around recent token offerings.
Jun 20th, 2017
Yesterday, the International Monetary Fund (IMF) published a Staff Discussion Note on how distributed ledger technology may enhance the global economy. The authors share insights into cross-border payments, central banking, and regulatory guidance.
Jun 15th, 2017
Recently, the Delaware Senate passed Senate Bill (SB) 69, which would amend the Delaware General Corporation Law (DGCL). This bill paves the way for “distributed ledger shares,” a development that could have national implications.
Jun 14th, 2017
Recently, Connecticut House Bill (HB) 07141, an Act Concerning Secured and Unsecured Lending, passed the state legislature. The proposed legislation would establish capital requirements for money transmitters dealing in virtual currency.
Jun 13th, 2017
The World Food Programme has utilized an Ethereum-based blockchain in a pilot platform to assist 10,000 Syrian refugees living in Jordan. The organization’s director of innovation and change management told ETHNews how this has improved the WFP’s efficiency and efficacy.
Industry Experts Express Concerns Regarding Unregulated International Exchanges, Highlight Need For Investigative Resources
Jun 8th, 2017
On June 8, the Terrorism and Illicit Finance Subcommittee heard testimony from public and private sector experts on the potential exploitation of virtual currency by bad actors. Education, additional investigative resources, and enhanced international cooperation are key to mitigating criminal finance that utilizes virtual currency.