The U.S. SEC on proposed expansion of qualifications for “accredited investors,” with major implications for crypto ICOs. The United States Securities Exchange Commission (SEC) has announced that it is looking for ways to expand the classification of “accredited investor,” with potentially major implications for capital formation of firms hesitant to meet full public reporting requirements. […]
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The motivation driving Bitcoin SV miners is non-economic in nature, according to a Binance report. The motivation driving Bitcoin SV (BSV) miners is non-economic in nature, according to a report released by major cryptocurrency exchange Binance on Dec. 18. Binance Research, the exchange’s research arm, has tried to estimate mining profitability for Bitcoin (BTC), Bitcoin […]
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The U.S. SEC imposes a $250,000 penalty against Blockchain of Things for conducting an unregistered ICO. The United States Securities and Exchange Commission (SEC) has reached a settlement with New York-based startup Blockchain of Things Inc. (BCOT) for conducting an unregistered initial coin offering (ICO). On Dec. 18, the SEC announced in a press release […]
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Bitcoin’s bounce off the $6.4K support is a positive sign as it shows that stronger hands are not dumping their positions yet. The crypto markets are currently held tight in the grasp of the bears. At the moment, there does not seem to be any specific news or event that has triggered the strong decline […]
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San Francisco-based blockchain firm Alchemy announced the launch of its public API after raising $15 million in its Series A funding round. San Francisco-based blockchain firm Alchemy announced the launch of its public application programming interface (API) after having raised $15 million in its Series A funding round. According to a press release published by […]
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What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer […]
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Former employee of crypto exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. A former employee of United States-based cryptocurrency exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. Per a court document […]
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American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major […]
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A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. Nikkei Asian Review reported the news on Dec. 18, citing documents ostensibly accessed by its affiliate publication, […]
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Commenting on cryptocurrency policy, a Federal Reserve governor highlighted a single study claiming thata only half of Bitcoin payments are above board. A member of the United States Federal Reserve’s board of governors appears to believe that one in four people who use Bitcoin (BTC) are criminals. In a panel speech honoring Benoît Coeuré, a […]
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