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One of the most fervent and bullish ICO promoters has announced that he’ll no longer work with ICOs. John McAfee, the renowned computer programmer and businessman behind the McAfee security software company, made the announcement via Twitter. McAfee has been a vocal supporter of cryptocurrencies and ICOs, having predicted that Bitcoin would hit $1 million … Read more
Nasdaq CEO Adena Friedman claims that ICOs pose “serious risks” for retail investors citing lack of oversight Go to Source Powered by WPeMatico
The U.S. SEC has received an emergency court order to freeze the assets of Dominic Lacroix, who was previously accused of violating securities law in regards to PlexCoin ICO Go to Source Powered by WPeMatico
The President of CBOE Global Markets claimed that there could be a two-fold “reckoning” for the ICO market depending on the action of the U.S. SEC Go to Source Powered by WPeMatico
John McAfee, founder of the eponymous antivirus software, said he will no longer work with ICOs or promote them due to “SEC threats” Go to Source Powered by WPeMatico
Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized networks and systems which will … Read more
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first stemmed when it was announced … Read more
The last 24 hours have been action-packed for the cryptocurrency markets, with digital assets rising off the SEC’s pronouncement that ethereum is not a security. But while most hodlers were toasting the agency’s announcement, one top five coin that failed to respond favorably was ripple. In today’s Bitcoin in Brief we consider where the SEC’s … Read more
At press time, the father of cryptocurrencies has shot up by over $400, and is now trading for $6,650. After many analysts stated that the $5,000 range was imminent, it appears bitcoin has impressed (and surprised) us once again by halting its descent earlier than expected. Whether it shoots back up to the $7,000 range … Read more
The Securities and Exchange Commission’s head of the Division of Corporate Finance, William Hinman, stated during the Yahoo All Markets Summit today in San Francisco that cryptocurrencies like BTC and ETH are not securities. Soon after the SEC executive made the statements, cryptocurrency markets saw some gains as BTC rose $350 immediately after the news … Read more
