Litecoin Forks, Australian Brokers Have New Worries: Best of the Week

Catch up on last week's top stories.

Does the world need another Litecoin?

On Tuesday we discussed Litecoin Cash, a split from the Litecoin blockchain which is questionable in its necessity.

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There were no disagreements in the Litecoin community, which is usually the reason for a forks. However, the new coin seems to be legitimate, at least for now.

Interview with founder of Alpari and FXTM

On Tuesday, Finance Magnates interviewed Andrey Dashin, the founder of the two biggest brokerages in Europe.

He discussed how the two companies are planning to move forward as regulation in Europe becomes ever-stricter.

What is EOS?

Another smart contract network is attracting attention – EOS has partnered with the world’s largest cryptocurrency exchange. We just had to have a look at it.

Security analysis

The popularity of cryptocurrency has made the issue of cyber security increasingly important nowadays, what with the plague of hacks and thefts that the industry is dealing with on an almost daily basis. We examined the issue of security, from vulnerabilities to solutions, with some top experts in the field.

In Australia, it’s now free to complain 

Australian customers no longer have to pay to make a complaint against their broker – and the Australian FX industry is worried.

Brokerages are now scared that clients will take advantage of their new vulnerability – will ASIC hear their pleas?

Cryptocurrency derivatives must seek regulation in France

On Thursday, the French financial regulator announced the prohibition of cryptocurrency derivatives and their advertisement.

The Autorité des Marches Financiers said that firms must seek approval prior to offering such contracts, and must comply with the good conduct and transaction reporting obligations of European regulations.

An inside look at an €11 million ICO

 

A busy week of podcasts 

Cardano

On Friday, we published the second part of an exclusive interview with Charles Hoskinson, founder of Cardano. He discussed how he sees the cryptocurrency developing in the future, and why “Cardano is a completely new way of going about things”.

Electroneum

Richard Ells spoke with Finance Magnates’ Rachel McIntosh about Electroneum, the cryptocurrency that has done away with the long decimal places and complicated applications which are the calling cards of the virtual currency industry. It has targeted the mobile industry with the aim of being of use to the underbanked and unbanked populations of the developing world.

Fusion

DJ Qian of Fusion spoke to Finance Magnates in another exclusive podcast. Fusion is another way of making smart contracts, and Qian discussed the network’s speed, interoperability, and user-friendliness, and why it is more versatile than Ethereum.

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