Jimmy Aki

Jimmy Aki
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Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system.

U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U.K. lenders to study cryptocurrencies before doing business in the space.

Facebook Reverses Cryptocurrency Ad Ban Amidst Rumors of a Coinbase Acquisition

Facebook has reversed its blanket ban on cryptocurrency ads and will now allow pre-approved crypto businesses to advertise. However, ICOs and binary options will still be prohibited from the platform.

Andreessen Horowitz Has Launched a $300M Crypto Fund

Andreessen Horowitz has launched a $300 million crypto fund, a16z crypto, to expand its portfolio of blockchain-related holdings.

Asset Management Firm Launches Chinese Blockchain ETF

Reality Shares Nasdaq NexGen Economy China ETF, which tracks the Reality Shares Index, will focus on China-based companies that are fully invested in blockchain technologies.

South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack

The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.

Blockchain-Based Community Currencies to Be Launched in Kenya

The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration.

Vote Threshold Is Met: EOS Can Finally Launch Its Platform

According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live.

India’s Central Bank Admits to Banning Crypto Accounts Without Research

In reply to a Right to Information query filed by a local lawyer, the bank revealed that its decision to ban cryptocurrency-related accounts was made without due consultation or study.

New Blockchain-Based Renewable Energy Pilot to Power 500,000 Homes

The large-scale pilot program aims to distribute roughly 3.5Gw of solar, wind, hydro and bio-gas energy capacity, which is enough to power over 500,000 homes.

Colombian Banks Shut Down Buda Crypto Exchange Accounts

Colombian banks have closed all the accounts of South American cryptocurrency exchange Buda.com without warning or explanation.
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