October 2020 – Page 93

Court rules Kik’s 2017 ICO violated U.S. securities laws

A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws.

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Australian government’s digital business plan includes $5M for blockchain

Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million.

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Organic growth? Bitcoin SV activity up 761% ahead of BSV conference

Bitcoin SV users appear to have got very excited ahead of the conference.

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Institutional crypto platform Wootrade raises $10M in investment round

Institutional trading platform Wootrade has raised $10 million in a private fundraising round that will be used to expand its team and launch leveraged trading products.

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Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund

Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners are proposing the levying of an “unnoticeable” fee of 0.0001 cent per […]