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Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger


Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005...

South Korea OKs Blockchain Certificate Use in Public, Private Sectors


The South Korean government will allow the use of blockchain-powered public certificates beginning in December this year. Per Hanguk Ilbo and UPI News, Seoul says that it will make amendments to the nation’s existing Electronic Signatures Law that will allow for citizens and companies to make...

Timothy C. May: Libertaria in Cyberspace


Here are a few points about why “cyberspace,” or a computer-mediated network, is more hospitable than physical locations for the kind of “crypto-anarchy” libertarian system I’ve been describing. Several folks have commented recently about ocean-going libertarian...

Ethereum 2.0 First Public Multi-Client Testnet To Go Live Next Week


Source: Adobe/knssr (edited by Cryptonews) Ethereum community continues to prepare for the long-awaited Ethereum 2.0 upgrade as its developers have made two major achievements towards the launch of the so-called Phase 0, reported Etereum 2.0 coordinator and developer Danny Ryan. Firstly, Ethereum...

Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week


On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...

South Korean Public Power Firm Takes Blockchain Plunge


South Korean energy provider the Korea Electric Power Exchange (KPX) has become the first public institution in the country to adopt a blockchain-based proposal evaluation system. Per a report from Energy Daily, KPX will now use a Hyperledger Fabric-based solution to weigh up power-related business...

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