Security Firms Offer Protection for Crypto Traders in Moscow

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Private security firms in Moscow are offering a new service – protection for people buying and selling cryptocurrency for cash. The companies have also expressed readiness to help investigate crypto-related crimes. Police are still reluctant to work on such cases, as cryptocurrencies are not yet regulated in Russia. Also read: Chinese Merchants in Moscow Convert … Read more

Ethereum price analysis – Temporary downwards price correction

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Ethereum price soared up to a day high of $712 on Tuesday before a downwards price correction attempt became evident pulling the price downwards to a day low of $596 on Wednesday. The market bulls failed to break through the resistance around $713.24, which corresponds to the 61.8% Fibonacci retracement. The upwards trend which has … Read more

Binance Exchange Founder Sued by VC Fund Sequoia Capital

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Sequoia Capital, a venture capital firm headquartered in Menlo Park, California is suing the Chinese founder of the cryptocurrency exchange Binance, Changpeng Zhao (better known as CZ). The American VC fund reportedly accuses CZ of allegedly negotiating with another firm while he signed an exclusivity agreement with Sequoia. Also Read: Bitcoin in Brief Wednesday: Crypto … Read more

In the Securities Era, ICOs Pleading Ignorance Have No Place to Hide

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ICOs seeking to crowdfund their big idea have a quandary: should they register their token as a security, complete with the expense, delays, and paperwork this entails, or should they brand it a utility and hope the SEC doesn’t come after them? Last year, virtually everything was labeled a utility and SEC-compliant crowdsales were almost … Read more

Former CFTC Chair: Ethereum and Ripple Are Non-Compliant Securities

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Ethereum’s Ether and Ripple’s XRP should be categorized as non-compliant securities, according to the former head of the Commodity Futures Trading Commission (CFTC), Gary Gensler. Bitcoin is exempt from this categorization, Gensler added in an interview with The New York Times. ETH And XRP Trading Illegally The man who was in charge of the CFTC from … Read more

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