The code designed to enact ethereum’s next system-wide upgrade, Istanbul, may feature the inclusion of a controversial mining algorithm said to allow for broader participation in its network. Discussed Tuesday during a meeting of project managers working on the world’s second-largest blockchain, Ethereum Improvement Proposal (EIP) 1057, also known as Progressive Proof-of-Work (ProgPoW), has been long debated. […]

In a new letter, SEC Chairman Jay Clayton reiterated that some digital assets may not qualify as securities anymore, even if they might have once. Author: Nikhilesh De

Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus. Author: Yogita Khatri

The SEC is visiting cities around the U.S. to meet with crypto startups about token offerings and solicit feedback on existing regulations. Author: Nikhilesh De

Credit union consortium CULedger will use IBM’s Hyperledger Fabric, in addition to several other blockchains it’s been working with. Author: Anna Baydakova