SEC Creates Fake ICO Website to Scare Investors

The SEC has taken an extra creative step to ensure investors are aware of the dangers of initial coin offerings (ICOs). To make their point, the SEC has launched their own pretend ICO site to demonstrate what investors should look for when considering an investment. The pretend ICO site is called Howey Coin, which emulates … Read more

US Government Launches HoweyCoins Website to Showcase Fake ICOs

Educating the masses on potential risks associated with cryptocurrency and ICOs is a tedious challenge. Nefarious projects continue to dupe investors, mainly because people don’t always bother to conduct their own research. The US government has now launched a fake ICO website to demonstrate how easy it is to attract investors with a semi-professional website. HoweyCoins … Read more

Pornhub Models Can Now Accept Verge as Payment

Ever since Verge partnered with Pornhub, things seemingly have made little sense when it comes to the latter platform. Even so, it shows they are genuinely interested in cryptocurrency for various reasons. Pornhub’s latest venture involves paying models in the Verge cryptocurrency. It’s a surprising decision, and one that raises a lot of questions. Pornhub has an Ambitious Plan … Read more

Five Petitions Pile Up Against India’s Crypto Crackdown – High Courts Ordered to Ignore

Five writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency … Read more

Steem Blockchain Welcomes Its One Millionth Unique Account

Cryptocurrency-related platforms often struggle to gain any sort of traction. Even when they do so, sustaining long-term growth has proven to be nearly impossible. In that respect, Steem is most certainly doing something right. With the one millionth account having been registered on this blockchain, its associated Steemit platform is also making significant progress. Steem is Trucking Along Nicely For those … Read more

Envion ICO Turns Into a Legal Battle Despite Raising $100M

The initial coin offering industry is plagued by scams, shady projects, and a lot of miscommunication. In the case of the Envion ICO, the founders are suing Matthias Woestmann and his corporation for breaching contractual obligations. This legal action against the shareholders of Envion AG, registered in Switzerland, doesn’t bode all that well for this particular … Read more

Binance Coin Price Shoots to Almost $15 in Quick Succession

Even though most cryptocurrencies are suffering from another round of bearish pressure, there is always at least one exception to take note of. Binance Coin is surging in value once again, although it is a bit unexpected. The world’s leading cryptocurrency exchange is certainly making a lot of positive headlines, which directly affects the Binance … Read more

Bitcoin in Brief Friday: UN Backs Crypto-Solar Project in Moldova, Malta Uses Blockchain in Public Transportation

Today’s Bitcoin in Brief features several examples of harnessing crypto and blockchain technologies to improve quality of life around the world. The United Nations is involved in a crypto-funded project to power Moldova’s Technical University with solar energy. Initiatives in Malta and India will employ blockchain technologies to create more reliable public transportation and land … Read more

South Korea to Follow G20 Unified Cryptocurrency Regulations

The South Korean government reportedly plans to soften its crypto regulations in line with the policies set by the G20 nations in an effort to create “unified regulations.” The Korean regulators have also agreed to apply the standards set by the Financial Action Task Force to its crypto policies. Also read: Yahoo! Japan Confirms Entrance Into … Read more