A fellow at a libertarian think tank has criticized the U.S. SEC for stretching regulations in an attempt to regulate cryptocurrencies. John Berlau, a senior fellow at libertarian think tank Competitive Enterprise Institute, criticized the United States Securities and Exchange Commission’s (SEC) approach to regulating cryptocurrencies. Berlau delivered his comments in a report published on […]
Continue Reading
Pennsylvania-based Ben Franklin Technology Partners will tokenize shares of its Philadelphia investment fund. State-backed venture capital (VC) firm Ben Franklin Technology Partners has rolled out a blockchain-based onboarding and tokenization platform. The development was revealed in a blog post on Thursday, April 11. Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of […]
Continue Reading
Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” San Francisco-based blockchain project Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” The news was announced by co-founder and CEO at Thor, David Chin on April 9. […]
Continue Reading
U.S. Congressmen sent a bipartisan letter to the IRS asking to clarify the basics of crypto tax reporting. Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reporting crypto taxes, according to an announcement on April 11. 21 different representatives sent a bipartisan letter […]
Continue Reading
Tech firm Horizen Labs has raised $4 million in funding it will use to develop its sidechain-as-a-service products. Horizen Labs — a tech firm that helps businesses build distributed ledger platforms — has raised $4 million in funding, according to a blog post published on April 11. Horizen Labs initially aimed to raise $2 million […]
Continue Reading
American blockchain startup Flexa raised $14.1 million in funding to release a blockchain-powered payment network for retailers. New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11. Per the release, Flexa has raised $14.1 million in funding […]
Continue Reading
Cryptocurrency hedge fund Polychain Capital saw its assets under management shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. Cryptocurrency hedge fund Polychain Capital saw its assets under management (AUM) shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. The news was reported on by the Wall […]
Continue Reading
Decentralized computing network Blockstack has applied to the United States SEC to launch a $50 million token sale. Decentralized computing network Blockstack has applied to the United States Securities and Exchanges Commission (SEC) to launch a $50 million token sale which — if approved — would be the industry’s first SEC-qualified offering. The development was […]
Continue Reading
Pakistan’s government is working to bring the nation into the crypto sector. Almost a year after a blanket ban on cryptocurrencies, Pakistan has come a long way in its attitude toward the space. A recent notice by the State Bank of Pakistan (SBP) declared that institutions willing to work in the sphere of “electronic money” […]
Continue Reading
The world’s third-top cryptocurrency exchange by adjusted volume has partnered with blockchain analytics company CipherTrace. The world’s third-top cryptocurrency exchange by adjusted volume, Binance, announced that it has partnered with blockchain analytics company CipherTrace. The partnership was announced in a blog post published on April 11. Per the announcement, the partnership is meant to strengthen […]
Continue Reading