ARK to hold a hackathon and a workshop Open Geneva

Blockchain solutions provider ARK is hosting a large hackathon and a workshop Open Geneva in Switzerland on April 12 through 14
05 April 2018   380

The ARK team has announced it is going sponsor and attend Open Geneva - a hackathon and workshop event in Switzerland with its own hackathon and workshop taking place on April 12-14. Hundreds of participants will be able to work together to design and produce innovative solutions to exceptional challenges. ARK will work in a close cooperation with Prodibi (Geneva-based picture sharing platform) and Fusion Hub (works on fintech solutions and manages a Blockchain Lab) during the event. Prodibi infrastructure will grant ARK the ability to create and put watermarks of images on the blockchain.

The attendees will include:

  • François-Xavier THOORENS / CTO of ARK
  • Kristjan KOŠIČ / Hackathon General Manager — Core Developer at ARK
  • Juan MARTÍN / Full-Stack Developer at ARK
  • Jean-Henry MORIN / Professor — Institute of Information Service Science (ISS), University of Geneva
  • Jörn ERBGUTH / Assistant — Institute of Information Service Science (ISS), University of Geneva
  • Olivier HAMEL / General manager, Prodibi
  • Frédéric HAMEL / CTO, Prodibi

ARK provides users, developers and startups with innovative blockchain technologies with the purpose to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases. At the moment of publication, the market indicators for ARK are as follows

Average price: $2.08

Market cap: $211,422,689

Volume (24H): $3,989,150

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   145

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.