The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify investors who suffered damages. Also read: SEC Commissioner Speaks Positively About […]
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It has become apparent that virtually every publicly traded company wants to get involved in blockchain technology. Doing so seems to give company share prices a healthy boost, although not all of these decisions work out well in the end. In the case of Longfin, its stock price is plummeting, and it will be removed from the Russell 2000 and 3000 indices very soon. Longfin Takes a Gamble and Loses Truth be told, various companies have tried to make their blockchain plans public as a way to artificially increase their stock prices. For some companies, the decision has worked out, whereas others are struggling
UK Gaming company Veltyco Group announced today that it has “commenced discussions with blockchain and cryptocurrency providers” about potential partnerships. Afterwards, its stock price leaped 20% at the open on London’s AIM growth market. Also Read: Market Optimism Declines as Bitcoin Futures Euphoria Ends Shares Jumping 20% Veltyco Group, the online marketing company for the gaming industry, […]