Payment giants MasterCard and VISA to group crypto and ICO brokers into a new “high risk” category, sources say. Payment giants MasterCard and VISA will soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category, financial trading news site Finance Magnates reported Friday, October 14. According to the Broker Complaint […]
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An interview with Mr. Roubini about “buggy” smart contracts, Ethereum being a scam, why he might want to give the industry another try The interview has been edited and condensed. Nouriel Roubini is a New York-based economist that famously predicted the 2008 financial crisis when only a few considered there might be a threat to […]
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The famous crypto-hater testified to the US Senate committee alongside the blockchain advocate Peter Van Valkenburgh. Normally, there is very limited room for drawing legitimate comparisons between a Senate hearing and an Mixed Martial Arts (MMA) fight. Yet the hearing entitled “Exploring the Cryptocurrency and Blockchain Ecosystem,” which took place on October 11, 2018 on the […]
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A top Korean financial regulator has reiterated his negative position on ICOs and digital currencies, though he does not deny the potential of blockchain. The chairman of Korea’s Financial Services Commission Choi Jong-koo has reaffirmed his negative position on digital currencies and Initial Coin Offerings (ICOs), Business Korea reported Oct. 11. Choi spoke at a […]
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A group led by one of South Korea’s leading plastic surgeons has made a $352 million investment in domestic crypto exchange Bithumb’s holding company. A group led by one of South Korea’s leading plastic surgeons, Dr. Kim Byung Gun, has made a major investment in crypto exchange Bithumb’s holding company. Bloomberg reported the news Friday, […]
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sponsored Data services pave the way for AI-enabled trading decision making. Call it counterintuitive, but blockchain could be considered less transparent now than the stock market. How so? Blockchains are apparently open, and anyone can see which token went where, after all. Well, yes and no. Blockchain is a forest, and a forest is the […]
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Despite recent calls from Congress to provide regulatory clarity on ICOs, the SEC continues is crackdown on hundreds of ICOs, according to a joint report. The U.S. Securities and Exchange Commission (SEC) has expanded its crackdown on Initial Coin Offerings (ICOs), putting “hundreds” of projects at risk, according to a recent joint investigation by Yahoo […]
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The Chinese central bank has opened four job positions that require crypto-related skills, shortly after a report on the advantages of a yuan-backed stable coin. The Chinese central bank, the People’s Bank of China (PBoC), has opened four positions for crypto-related professionals, according to a document published Wednesday, Oct. 10 on the bank’s website. Per […]
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The U.S. Securities and Exchange Commission has halted an ICO that falsely claimed the support of the SEC and used a fake regulatory agency to promote their product. The U.S. Securities and Exchange Commission (SEC) has halted a planned Initial Coin Offering (ICO) that falsely claimed have SEC approval, the agency reported in an official […]
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Top South Korean official says the government will announce its official position on ICOs in November, based on the results of recent discussions. South Korean government is “likely” to announce its official position on Initial Coin Offerings (ICOs) in November. A local business newspaper The Investor reported this on Thursday, Oct. 11, citing a “top […]
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