CFTC Beefs Up Bitcoin Futures Review Process – CoinDesk

The Commodity Futures Trading Commission (CFTC) is developing a “heightened review process” for cryptocurrency futures though it will continue to allow exchanges to self-certify products, Chairman J. Christopher Giancarlo announced last week. As reported by Reuters, Giancarlo introduced a checklist during a conference speech in Florida pertaining to Designated Market Contracts (DMCs) and Derivatives Clearing Organizations … Read more

Bee Token ICO Stung by $1 Million Phishing Scam – CoinDesk

Investors in the decentralized home sharing network Bee Token’s initial coin offering (ICO) have been swindled of nearly $1 million in just over 25 hours. Bee Token, which recently partnered with San Francisco-based financial services platform WeTrust to create a decentralized competitor to home-sharing service AirBnB, launched its public ICO on Jan. 31. However, while the … Read more

SPECTRE Creators Propose 'PHANTOM' Blockchain Protocol – CoinDesk

The researchers behind the SPECTRE and GHOST distributed ledger projects have proposed a new blockchain scalability proposal. Called PHANTOM, the protocol claims to provide transaction confirmation that is “secure under any throughput that the network can support” – smart contracts included. Yonatan Sompolinsky and Dr. Aviv Zohar outlined the new protocol in a paper published this week, building … Read more