ICO Investments Fall 95% in 10 Months

Interest in token sales has dropped dramatically over the past 10 months, with investment falling almost 95 percent. Nevertheless, according to a new study, the ICO market is still significantly larger than two years ago. Also read: Localbitcoins to Introduce New User Verification Rules Startups Raised Less Than $300 Million in January Investment in startups … Read more

South Korea Cracks Down on Unauthorized Cryptocurrency Funds

South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. Also read: Yahoo! Japan Confirms Entrance Into … Read more

Rumors of Exit Scam Swirl as Maplechange Loses Funds in Hack

Maplechange, a small Canadian cryptocurrency exchange, has ceased operations following the purported theft of all the funds it was holding. Despite promises of an investigation into the matter, many have accused the exchange of attempting to stage an exit scam. Also Read: Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law Canadian Exchange Drained of Holdings … Read more

Regulations Roundup: SEC Considers Crypto Fund Criteria, South Korea Warns Investors

In this edition of Regulations Roundup, we focus on the U.S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds. We also look at a recent warning by the South Korean financial regulator about virtual currency investments, as well as a call by the CEO of U.S. … Read more

Quadrigacx Battles Bank Over $21.6M in Frozen Funds

Cryptocurrency exchange Quadrigacx has blamed an ongoing legal dispute over $21.6 million worth of funds that were frozen by the Canadian Imperial Bank of Commerce (CIBC) in January for delays experienced by some of its customers when requesting fiat currency withdrawals. Also Read: Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency Quadrigacx Blames Court Dispute With … Read more

Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary

In recent news pertaining to cryptocurrency regulations, French lawmakers are considering a proposed amendment that would introduce a regulatory framework for crypto-asset intermediaries; the U.S. Securities and Exchange Commission (SEC) has announced October 26th as the deadline for the submission of public comments relating to the nine exchange-traded funds (ETFs) it recently rejected; and a … Read more

Russian Industry Association Launching Crypto Certification Program

The Russian crypto industry association is launching a crypto certification program. Applicants will be evaluated and issued a certificate showing their competency level which can be verified on the association’s website. Training will be offered to those that do not score the required number of points. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, … Read more

Study: Crypto Funds Number 466 Despite Trends, Uncertainty

The number of crypto hedge and venture capital funds is increasing at a fast pace this year, already reaching a total of 466, despite the bearish market trend and continuing regulatory uncertainty. 96 new funds have been founded by the end of July, according to a new study whose authors believe this year’s number will … Read more

Need Cold Storage? Check Out Bitcoin.com’s Revamped Paper Wallet Generator

There are many ways to store bitcoin cash, and while some people use mobile apps, others use hardware wallets to store their digital assets. Then there are those who use one of the oldest methods in the book — the paper wallet. The tried and true paper wallet technique is a convenient way to store … Read more