Bitcoin rallies, McAfee compares prison to Hilton, digital yuan airdrop: Hodler’s Digest, Oct. 5–11

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!   Top Stories This Week   $12,000 Bitcoin price back on the […]

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Polkadot reveals ‘initial parachain offerings’ to counter traditional IPOs

Polkadot reveals details of a new crowdfunding mechanism: the initial parachain offering. Much of the current blockchain ecosystem has been built around traditional concepts. Therefore, it’s not surprising to see crowdfunding mechanisms tailored specifically for blockchain projects that resemble initial public offerings.  For example, in 2017, the blockchain space witnessed the rise of initial coin […]

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SEC bring John McAfee to court over ICO promotion

The cybersecurity millionaire and former presidential candidate sees new additions to his legal woes. On Monday, the U.S. Securities and Exchange Commission filed suit against John McAfee for allegedly promoting initial coin offerings (ICOs) without disclosing that the ICO issuers were paying him, a violation of U.S. securities law. Per the complaint: “From at least […]

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