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An American court has put a stop to an initial coin offering (ICO) by a company claiming to offer “the first licensed and regulated tokenized crypto currency exchange & index fund based in the US.” The ICO promoters even invented their own regulatory authority, which seems to have really irked the regulators. Also Read: The … Read more
Despite calls from the U.S. Congress to provide regulatory clarity on ICOs, the SEC has reportedly expanded its crackdown on Initial Coin Offerings, according to a report Go to Source Powered by WPeMatico
Hundreds of startups are reportedly being “secretly” targeted by the U.S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted by the SEC. Also read: Europe, … Read more
The U.S. Securities and Exchange Commission has halted a fraudulent ICO that falsely claimed it had the regulator’s support and created a fake regulatory agency Go to Source Powered by WPeMatico
In a drastic turn of events, Ethereum, the world’s second largest cryptocurrency by total market capitalization, has seen a drop of more than 11% in its relative value during the past 24-hours. As is clear from the chart below, Ether’s downward slide started yesterday afternoon when within a couple of hours the currency stooped from … Read more
The U.S. SEC has filed a subpoena enforcement action against those behind an alleged “pump-and-dump” scheme involving claims of a $100 million ICO Go to Source Powered by WPeMatico
Here’s why the US Congress needs one definition for blockchain and what the recent bill could mean for the industry Go to Source Powered by WPeMatico
An independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm. Also read: 160 Crypto … Read more
The father of crypto is flirting with the devil, trading at $6666 at press time. After days or even weeks of bitcoin hovering at around $6,500 and traveling in a sideways motion, many analysts predicted that a sudden rise like this wasn’t in bitcoin’s immediate future. However, it seems the currency has learned to surprise … Read more
CNBC’s Cryptotrader host Ran Neuner says Bitcoin’s price is “about to explode,” points to SEC’s much-anticipated Bitcoin ETF decision Go to Source Powered by WPeMatico
