INX Exchange Launching SEC-Registered Hybrid Token/Share IPO This Week
INX will run the first SEC-registered security token offering in its IPO aiming to raise $111 million. Go to Source Powered by WPeMatico
Month: August 2020
Akoin Co-Founder Explains How $6B Futuristic Akon City Will Work
Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. Go to Source Powered by WPeMatico
Hollywood Royalty Flexes Crypto-Art Goals: Ashton Kutcher Auctions NFT Digital Art for ETH
Actor and venture capitalist Ashton Kutcher’s first attempt at digital art, an awful piece titled “The Eye of the Beholder”, is auctioning at Cryptograph. At the time of writing, the highest bid stood at 13.26 ethereum, or about $5,400, with a day to go before the sale ends. Kutcher’s video on the blockchain-based art market … Read more
Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%
The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security. Go to Source Powered by WPeMatico
DeFi Meets CryptoKitties: Axie Infinity to Introduce Governance Token
Axie Infinity is now the 11th-ranked NFT game by lifetime trade volume following a surge in players eager to get their hands on the platform’s governance token. Go to Source Powered by WPeMatico
Uber Exec Denies Bitcoin Hush Money Charges
A spokesman for Joseph Sullivan has denied the charges the Uber exec faces for paying hackers $100K in Bitcoin to cover up a data breach. Go to Source Powered by WPeMatico
Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’
Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply. Go to Source Powered by WPeMatico
UK Financial Watchdog Grants Licenses to Archax and Gemini
The UK’s Financial Conduct Authority has granted licenses to two crypto exchanges operating in the country, Archax and Gemini. Go to Source Powered by WPeMatico
Uber Exec Allegedly Concealed 2016 Hack With $100K BTC ‘Bug Bounty’ Pay-Off
A former CSO is accused of trying to conceal Uber’s involvement in a 2016 data breach by paying the hackers $100K in Bitcoin. Go to Source Powered by WPeMatico
Onecoin Allegedly Tied to Racehorse Firm, Phoenix Thoroughbreds Removed from France Galop Race
Last week the firm Phoenix Thoroughbreds was reportedly banned from horse racing in France over the founder’s alleged involvement with the crypto Ponzi scheme Onecoin. Last November, Onecoin cofounder Konstantin Ignatov, the Cryptoqueen’s brother, told New York prosecutors Phoenix Thoroughbreds owner Amer Abdulaziz Salman was one of the “money-cleaners under the guidance of Gilbert Armenta.” … Read more