Law Firm Perkins Coie Taps CFTC Veteran for Blockchain Practice

Kari Larsen, a former executive at bitcoin derivatives startup LedgerX who previously served a stint as counsel for the Commodity Future Trading Commission (CFTC), has joined Perkins Coie LLP.

Larsen was named partner for the firm’s Blockchain Technology and Digital Currency industry group, Perkins Coie said Tuesday.

“Kari brings to bear a deep knowledge of derivative exchange platforms and the commodities sector to represent traders and CFTC registered entities focused on launching innovative products, including cryptocurrency products,” J. Dax Hansen, the industry group’s chair, said in a statement.

Larsen most recently served as counsel for New York-based Reed Smith LLP. Per her LinkedIn bio, Larsen’s remit at Reed Smith included issues surrounding initial coin offerings (ICOs) or token sales. She served at LedgerX as general counsel, chief regulatory officer and chief compliance officer, and worked as counsel in the CFTC’s Division of Enforcement between 1997 and 2000.

In an interview, Larsen said that her time at the CFTC left her with a lasting impression, complimenting the agency for being “sophisticated and nimble” when it comes to investigating new products and markets.”It’s a joy to work with the staff of the CFTC, in my opinion. I look forward to doing more as we look at these challenging aspects to these products [blockchain],” she explained.

Larsen said her interest in emerging markets is what directed her towards blockchain and crypto-related law in the first place, telling CoinDesk:

“I’ve always enjoyed working with markets as they’re emerging and really facing the challenges for creative solutions and yet still having they comfort and security of being within a regulated market.”

Word of the new hire comes just weeks after the firm hired Dana Syracuse, a former NYDFS attorney who aided in the development of the state’s cryptocurrency regulations, as well as the hire of former SEC Branch Chief Valerie Dahiya – both of who have joined the firm’s blockchain industry group.

Image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

The US Dollar Dominates BTC-Fiat Trading, New Research Finds


The US Dollar Dominates BTC-Fiat Trading, New Research Finds

The US Dollar has been dominating BTC-Fiat trading on average throughout the past month, according to a research by CryptoCompare.

50 Percent Market Dominance

According to a new report called “Detailed Report Into The Cryptocurrency Exchange Industry” released by CryptoCompare, the US dollar represents half of the BTC-Fiat trading on average throughout the last 30 days.

And while the USD is dominating the market as it is, the other two leading currencies are the Japanese Yen (JPY) and the Korean Won (KRW), which represent 21 and 16 percent respectively.

It’s noteworthy, though, that previously BTC to KRW trading represented only a tenth of bitcoin trading among the top 5 fiat currencies on average. Yet, the report outlines a major spike in BTC to KRW trading between October 7th and 15th. During the period, KRW represented one-third of BTC trading, which is an increase upwards of 230 percent. Bitcoinist also reported in October that cryptocurrency trading volumes in South Korea soar.

The other fiat currencies in the top 5 are the Euro, the GBP, and PLN.

Decentralized Exchanges are Nowhere to be Seen

Another interesting conclusion in the report is that decentralized exchanges (DEX) are absolutely nowhere to be seen.

According to the research, the total average 24h-volume on average produced by the top 5 decentralized exchanges is shy of 2.4 million USD. This represents only 0.4 percent of the total exchange volume.

It seems that despite the hype surrounding one of blockchain’s main feats, users are still putting their trust into centralized solutions – a finding that’s unlikely to appeal to Ethereum’s co-founder Vitalik Buterin, who previously said that he hopes “centralized exchanges go burn in hell as much as possible.”

What do you think of the recent findings of the CryptoCompare report? Don’t hesitate to let us know in the comments below!

Images courtesy of CryptoCompare, Shutterstock.

Crypto Rally Hopes Quashed as Markets Dump Again

The bears are back in play; Dash surviving the dump, Bitcoin Cash, Cardano, VeChain sliding.

Rally anticipations have been quashed once again as markets are dumping. Just when a glimmer of hope started to shine in crypto land, the bears come back out and defecate all over it. Total crypto market cap has shed $4 billion in the past four hours, dropping back to around $215 billion.

Bitcoin is currently holding its place with only a minor dip back below $6,500. It is currently trading at $6,480 but further losses may be imminent if the bearish pressure is sustained. As quick as it climbed over the past few days, Ethereum has fallen. ETH is currently down 2% back to $214 as it failed twice to break resistance at $220.

Altcoins are suffering today, all red and wiping out gains made since the weekend. In the top ten Bitcoin Cash is falling fastest with a 5% slide to $587. Not far behind BCH are Litecoin and Cardano both losing 4% on the day. The rest in this group are down 2-4 percent since the same time yesterday.

Only Dash is staying buoyant in the top twenty with a 3% climb to $173 while around it is a sea of red. Iota and VeChain are losing the most at around 4%, Tron and Nem not far behind.

Getting a good dose of fomo in the top one hundred today is WAX and Polymath, both climbing around 7% on the day. BAT is also still trading strongly, up 6% following its addition to the Coinbase Pro exchange at the weekend.

The big dumps are not that devastating at the moment with only two altcoins losing more than five percent; Electroneum and Bitcoin Cash. The entire table is predominantly red though as markets suffer another attack of the bears.

Total crypto market capitalization has fallen 1.8% on the day resulting in a $4 billion loss to $216 billion. This could be a natural correction from a bullish four days as traders take short term profits. Markets are still up 4% on the week and the trend is still rising providing there are no further losses. Things have returned to the same level total market cap was at this time last month, the consolidation continues.

FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

Ethereum Price Analysis: ETH/USD Downsides Limited Below $212

Key Highlights

  • ETH price formed a short term top at $223 and corrected lower against the US Dollar.
  • There is a major bullish trend line in place with support at $216 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could decline towards the $212 or $213 support level before buyers emerge again.

Ethereum price is slowly correcting lower against the US Dollar and bitcoin. ETH/USD is likely to find a strong buying interest near the $212 zone.

Ethereum Price Analysis

Yesterday, we saw a nice upward move above the $218 resistance in ETH price against the US Dollar. The ETH/USD pair traded above the $220 level and posted an intraday high near $223. Later, there was a downside correction and the price declined below the $220 and $218 level. Moreover, there was a break below the 23.6% Fib retracement level of the last wave from the $205 low to $223 high.

Besides, sellers pushed the price below a connecting bullish trend line with support at $218 on the hourly chart of ETH/USD. However, the pair is now approaching another major bullish trend line in place with support at $216 on the same chart. If there is a downside break below $216, the price could test the $212-213 support area. An intermediate support is near $214. It represents the 50% Fib retracement level of the last wave from the $205 low to $223 high. Therefore, if the price extends decline, it may well find a strong support near the $212 or $213 support level. On the upside, an initial resistance is near the $219-220 zone, above which the price could surpass the $213 high.

Ethereum Price Analysis ETH Chart

Looking at the chart, ETH price is currently correcting lower, but it is approaching key supports above $212. Once the current wave is complete, the price will most likely bounce back above $221.

Hourly MACDThe MACD is back in the bearish zone.

Hourly RSIThe RSI has just moved below the 50 level.

Major Support Level – $212

Major Resistance Level – $220

Crypto Exchange Poloniex Announces ‘Pre-Fork’ Trading for Bitcoin Cash Split

Poloniex will be the first exchange to offer trading for the pending bitcoin cash (BCH) hard fork amid the debate that has raged since mid-year.

Starting Wednesday night, Poloniex will be the first exchange to offer customers the bitcoin cash ABC (BCHABC) and bitcoin cash SV (BCHSV) trading tokens.

This is the first time Poloniex has offered pre-fork trading and it is part of a wider strategy to increase Poloniex’s standing in the crypto-world, according to a blog post.

The post stated:

“We’re doing this to empower customers to demonstrate their support for one coin over the other through trading activity. Poloniex will also support trading markets for both tokens after the hard fork.”

The exchange has stressed its intention to remain neutral during the split in order to allow the community to decide which chain to support, demonstrated through trading activity. It also stated that it would be evaluating each hard fork individually to decide whether to support the fork or continue pre-fork trading.

Pre-fork trading has been made available for USDC/BCHSV and USDC/BCHABC as well as bitcoin trading pairs.

Customers will also be able to convert their BCH into an equivalent amount of BCHABC and BCHSV and vice versa if they wish to withdraw funds, but will not be able to withdraw BCHABC and BCHSV ahead of the fork.

The exchange plans to continue supporting trading for both bitcoin cash ABC and SV after the planned fork on Nov. 15.

Bitcoin Cash is down 0.81 percent on the day and has fallen day-day after reaching a top of $638 on Wednesday afternoon.

Tram Tracks via Shutterstock

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The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.


马绍尔群岛总统希尔达•凯茜•海涅(Hilda Cathy Heine)因支持国家加密货币而遭到政治攻击。这可能会使其他领导人拒绝向这个遭到IMF反对的新技术开放。


Marshall-Islands-vote-300x300周一,八名马绍尔议员联合提出一项不信任议案,反对总统海涅支持国家数字货币。总统提议支持的加密货币叫做Sovereign (简称SOV),由一家以色列初创公司Neema发行。










欢迎使用我们的BCH区块浏览器验证和追踪BCH交易,这是全球最好的BCH浏览器。还有Satoshi Pulse,Bitcoin.com开发的一项免费应用,可用于查看和追踪市场行情。

作者:Avi Mizrahi





News.Bitcoin.com在9月的第二周就报道过比特大陆的下一代ASIC BM1391 Finfet芯片,当时比特大陆首席执行官吴忌寒透露了这项新技术。比特大陆开发的这款7nm芯片,由全球最大的独立半导体芯片制造商台积电制造。






比特大陆在微信公众号上发文称:“下一代芯片集成了10亿个晶体管,并通过算法进行了优化——采用独特的电路结构和低功耗技术,芯片的能效比将低至每小时42 J/TH。”

当然,BTC和BCH区块链的挖矿难度以及S和T系列矿机的定价将共同决定着新矿机的盈利能力。此外,特朗普的最新关税政策可能会影响到美国矿机进口商的价格。最近几个月,其他几家制造商也宣布计划推出下一代机器,竞争日益加剧。例如,嘉楠耘智使用7nm半导体技术的Avalon 911,算力将达到18 TH/s,功耗1440 W。




cn.Bitcoin.com上的所有包含链接的评论都会自动添加到Disqus系统中进行审核。这意味着编辑者必须在评论中查看并审核通过。 这是因为有很多重复的垃圾邮件和垃圾邮件链接发布在我们的文章之下。 我们不会出于政治或个人观点审查任何评论内容。 因此,请耐心等待。您的评论(审核后)即会发表。

作者:Jamie Redman


日本一家受监管的加密货币交易所与两家公司达成合作,为他们提供加密货币支付服务。日之丸利木津(Hinomaru Limousine)提供的机场出租车服务已经开始接受加密货币支付。而Carchs Holdings则允许其二手车经销商使用加密货币支付。
推荐阅读:日本大型零售商Bic Camera:日本比特币消费者人数在缓慢但稳步增长



周二,该交易所透露与总部位于东京的日之丸利木津(Hinomaru Limousine)合作,在11月6日至1月9日期间为公司的机场出租车服务试行加密货币支付。

limpotaxi-295x300据《彭博社》报道,日之丸(Hinomaru)成立于1981年,拥有362辆豪华轿车和161辆出租车。一位知情人士对新闻媒体表示,如果试验“成功,适用范围将会扩大到普通的出租车服务” 。





11月1日,Bitpoint宣布与Carchs控股有限公司(Carchs Holdings.) 结成商业联盟,以便在其经销商处实现加密货币支付。

bitpoint-549x420 (1)


在Bitpoint的协助下,两家Carchs经销商于11月1日开始接受加密付款,直至明年1月9日。这两家店分别是北海道/东北地区的Carchs Mega Sendai和关西地区的Carchs Nangang。





您怎么看Hinomaru Limousine和Carchs Holdings通过Bitpoint接受加密货币付款?欢迎在下面发表您的评论。

图片由Shutterstock、Hinomaru Limousine、Carchs Holdings和Bitpoint提供。


作者:Kevin Helms

Crypto Roundup – 08 November 2018


Crypto Roundup – 08 November 2018


MVIS CryptoCompare Top 100 IndexThe MVIS CryptoCompare Top 100 Index has raised 1.22% in the last 24 hours to 2,270.44

Nine coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.86% to 6.10%. Virtual Land on Ethereum-based decentraland sold for $215,000Group-IB & CryptoIns to offer insurance to crypto Exchange users

Top 10

CryptoCompare Top 10 Coins

Nine coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.86% to 6.10%. Ripple ($0.51) recorded a loss of 4.35%, followed by Litecoin ($53.44) with a decrease of 3.45%. Ethereum Classic ($9.54) value dropped 2.35%, while Monero ($111.17) and ZCash ($129.31) posted negative changes around of 1.54%. Dash ($170.79) recorded a gain of 2.56%.


Bitcoin BTC/USD CryptoCompare Chart

At the time of writing, the Bitcoin price is sitting at $6,493 representing a loss of 0.86% in the last 24 hours. More than 305 Mln worth of BTC were exchanged in the BTC/USD market representing a 14.81% share of the global daily volume. The BTC/USDT pair represents a 47.75% share.


Bitcoin Cash BCH/USD CryptoCompare Chart

The BCH price is sitting at $596 representing a loss of 6.10% in the last 24 hours. More than $90 Mln worth of BCH were exchanged in the BCH/USD market representing a 10.04% share of global daily volume. The BCH/USDT pair represents a 36.96% share.


Etherum ETH/USD CryptoCompare Chart

The Ethereum price posted a loss of 3.10% over the past 24 hours and is currently sitting at $214, with over $85 Mln worth of Ether exchanged in the past 24 hours on the ETH/USD pair, which has a 11.23% market share of the daily trading volume. The ETH/BTC pair represents a 35.19% share.


EOS EOS/USD CryptoCompare Chart

The EOS price is sitting at $5.58 representing a loss of 3.12% in the last 24 hours. More than $5 Mln worth of EOS were exchanged in the EOS/USD market representing a 1.54% share of global daily volume. The EOS/USDT pair represents a 27.50% share.

South Korean Lawyers’ Association Lobbies Government to Establish Legal Crypto Framework

South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies, Reuters UK reports Nov. 8.

The Korean Bar Association, membership of which is required of all the country’s lawyers, has appealed to the government to take more swift action in the realm of cryptocurrencies, with Bar Association President Kim Hyun telling a press conference at the parliament that:

“We urge the government to break away from negative perceptions and hesitation, and draw up bills to help develop the blockchain industry and prevent side effects involving cryptocurrencies.”

The South Korean crypto context has historically been one of the world’s most dynamic, although a more stringent regulatory stance from the government as of late 2017 has had a palpable impact. However, this fall, reports that the country’s so-called “Kimchi Premium” — when demand drives crypto prices in Korea well above the global average — is re-emerging suggests that the interest in the crypto sector remains unabated.

The Korean Bar Association’s intervention comes at time when local investors are keenly awaiting the possible announcement of a government decision in November over whether or not to repeal the country’s China-style ban on Initial Coin Offerings (ICOs), which has been in force since September 2017.

The country’s government is taking a winding path to finally cement its stance toward the crypto and blockchain sector; as Reuters today notes, the government has emphasized it intends to finalize blockchain regulation only after a rigorous study.

There have been mixed signals throughout fall from domestic regulators, with Korea’s Financial Services Commission (FSC) recently issuing a warning that crypto funds may be in violation of the country’s Capital Markets Act, and the FSC chair, Choi Jong-Ku, reaffirming his negative stance towards ICOs in particular.

Nonetheless, Choi Jong-Ku has recently declared that that crypto exchanges should face no issues with banking provisions, as long as they have adequate anti-money-laundering (AML) safeguards in place and apply robust know-your-customer (KYC) checks.