Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud

In what is turning into a real cautionary tale for the cryptocurrency community about the need to be wary of celebrity’s power, along with skepticism about most initial coin offerings (ICOs), the US Securities and Exchange Commission (SEC) announced an ICO endorsed by champion boxer Floyd Mayweather has officially been deemed a fraud. Also read: Trezor … Read more

Bitcoin in Brief: Blockchain Wars and a Sleuth of Bears

Welcome to Bitcoin in Brief, a new feature debuting today. Breaking stories, crypto drama, exchange updates, and other talking points from the fast-paced cryptocurrency world can all be found in this daily roundup. Bitcoin in Brief is for everyone who’s long on bitcoin but short on time. Also read: Chinese Engineer Arrested for Stealing 100 Bitcoin … Read more

3 “SEC” ERC20 Tokens You May Want to Avoid

Everyone in the world of cryptocurrency knows all too well how the SEC is looking into cryptocurrencies and ICOs. As such, it makes virtually no sense for anyone to create an ICO token known as SEC. Surprisingly, there are quite a few of them out there, which is rather intriguing, but not necessarily for the … Read more

Thailand Approves Draft Decree on Crypto

The Thai cabinet has approved a draft decree to regulate cryptocurrencies and initial coin offerings. The definition of digital assets has been modified from the previous draft but the tax structure remains. All crypto businesses must obtain licenses and report information to the anti-money laundering office. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With … Read more

Cboe Has Asked the US Government to Allow Bitcoin ETFs, Optimistic for Long-Term Growth

The Chicago Board Options Exchange (Cboe), the largest options exchange in the global market that currently operates a bitcoin futures market, has asked the US government to allow bitcoin exchange-traded funds (ETFs) that would provide investors within the public market with access to bitcoin. A public letter sent to the US Securities and Exchange Commission … Read more