SEC Cryptocurrency Approach ‘Measured,’ Chairman Clayton Tells Senate
U.S. SEC chairman Jay Clayton endorsed his agency’s regulatory policy on cryptocurrency despite the ICO controversy Go to Source Powered by WPeMatico
Month: December 2019
The State Encourages ICO Fraud. The Free Market Minimizes It
Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into the few sources of profit still available to them. … Read more
Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars
Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price movements, and shares some suggestions as to where the market might … Read more
Ethereum Ice Age May be Imminent If Miners Withdraw From Network
What are the three most critical negative consequences of Ethereum’s difficulty bomb explosion, and what’s the way out? Go to Source Powered by WPeMatico
Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest
Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto payments … Read more
Santander Completes its Blockchain-based Bond Trial on Ethereum
Blockchain technology still has the potential to disrupt traditional finance. Santander is moving ahead with its DLT venture after successfully redeeming a digital bond. Santander has been active in the blockchain industry for several years now. Another Blockchain Milestone for Santander Albeit most of its projects are kept under wraps, this particular development isn’t kept … Read more
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform Go to Source Powered by WPeMatico
Three Men Arrested for Running Alleged $722 Million Crypto Ponzi Scheme
New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzie Scheme Go to Source Powered by WPeMatico
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but the company closed their account … Read more
MakerDAO Responds to Dev Accusing Network of $340M Vulnerabilty
Maker announced a series of governance polls after dev divulged how hackers could attack the MakerDAO network and steal $340 million Go to Source Powered by WPeMatico