SEC scuppers ShipChain’s $27M ICO and fines the firm its last $2M
The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws. Go to Source Powered by WPeMatico
Month: December 2020
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought
JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan Chase & Co. gave their bitcoin prediction in a note on Friday. They explained that flows into … Read more
Kraken nabs Bitstamp executive for key business development role
Former Bitstamp executive Miha Grčar is joining Kraken as head of business development. Go to Source Powered by WPeMatico
Ethereum vs. Bitcoin: Do or die as Ether price drops to a critical level against BTC
Ether price weakness in its Bitcoin pair is bad news for altcoins if ETH doesn’t bounce soon. Go to Source Powered by WPeMatico
Traditional banks offer digital asset custody amid compliance legislation
Compliance and regulations become more important than ever before for banks and traditional institutions that offer support for digital assets. Go to Source Powered by WPeMatico
OKCoin says crypto industry lacks means to comply with new US Treasury proposal
If passed, the United States’ crypto wallet proposal would create significant hassles for digital asset exchanges. Go to Source Powered by WPeMatico
BTC price rises 5% after US Congress passes ‘$900 billion ad for Bitcoin’
Daily highs of $23,625 for Bitcoin price show fresh bullish appetite. Go to Source Powered by WPeMatico
SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security
The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that is out of step with the G20 countries … Read more
Bitmain’s ‘hard fork’ to end in $600M settlement in favor of Micree Zhan
The year-long dispute between Bitmain co-founders appears to be at an end with a $600 million compensation on the table. Go to Source Powered by WPeMatico
Free TON achieves mainnet status after reaching ‘sufficient decentralization’
With more than 400 validators and DAOs, Free TON is now considered in mainnet status. Go to Source Powered by WPeMatico
