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Blockchain this and blockchain that might be so much hype, but no one can deny hundreds of millions of dollars, some say billions, sloshing around the ecosystem in search of advancing technology undergirding cryptocurrencies. There’s a battle in even the broader employment market as Facebook, Amazon, IBM and others search for blockchain development talent, pushing … Read more
The upcoming implementation of a major regulatory push by the European Union to control how companies can operate on the Internet has killed another venture in the cryptocurrency sphere. This story, astrology-based financial investment, and many more feature in today’s edition of Bitcoin in Brief. Also Read: Marvel, The Simpsons Go Crypto Parity Shuts Down … Read more
On May 18, 2018, the blockchain firm Coingeek hosted its inaugural Coingeek Conference held this year in Hong Kong. The event was filled with movers and shakers from the Bitcoin Cash (BCH) ecosystem, alongside hundreds of BCH supporters looking to change the way the world’s money works. Also Read: 5 Years Ago You Should Have Bought … Read more
Thailand is looking to enforce its own version of regulation regarding cryptocurrencies. That is much easier said than done, as this new form of money doesn’t adhere to existing guidelines. As was to be expected, the new regulations on cryptocurrencies and ICOs are rather strong. In fact, anyone violating these laws faces major fines and even jail sentences. … Read more
Nouriel ‘Dr. Doom’ Roubini calling cryptocurrency a scam, the mother of all bubbles, and an even bigger bubble than tulip mania (yes, he did) is no longer something new. Roubini has been vocal in his opposition to both Bitcoin, calling it a scam whose intrinsic value is zero; and the blockchain, terming it unnecessary and capable of … Read more
United States Securities and Exchange Commission (SEC) Commissioner, Hester Peirce, delivered a speech before the Medici Conference earlier this month discussing many issues pertinent to ICOs. Mrs. Peirce indicated that the SEC is open to discussion of developing a regulatory sandbox for ICOs, however, expressed a number of concerns surrounding the legislative model. The commissioner … Read more
Aaron Kaplan, securities attorney and COO of Prometheum, is guest author for this Opinion/Editorial. Initial Coin Offerings (ICOs) have become the investment du jour while the understanding of what ICOs are has become desperately convoluted. Every huckster, scammer and opportunist has tried to hop on the bandwagon. (I’m talking to you, Casey Ryback) Many of … Read more
Vitalik Buterin, Ethereum’s cofounder, is increasingly finding himself target of very public rumors about his role in the project’s supposed love of secrecy. Charges of lacking transparency are equivalent to mortal sins in the cryptocurrency space. Ethereum too is particularly sensitive about accusations along these lines, especially in the ongoing light of a possible US … Read more
Today’s edition of Bitcoin in Brief showcases the continued rapid pace at which the cryptocurrency revolution is disrupting all segments of the business world, from the adult entertainment industry, to stock exchanges and even social networks. Also Read: Details Emerge on Foxconn-Manufactured Ultra-Secure Crypto Phone Stripper Promotes Bitcoin for the Adult Industry Brenna Sparks, the … Read more
ICOs have gotten a bad name. And given the fact that we’re constantly hearing about scams and illicit dealings, it isn’t hard to see why. Then there are the well-intentioned ideas that don’t make it to the first line of code, and the omnipresent threat of the SEC hovering like a black cloud. The ground … Read more
