Experts in blockchain technology and the crypto space take on the question: What impact has DeFi had in 2020, and what can we expect in 2021? Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start […]
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The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector. For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long […]
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Estonia has withdrawn permits from one thousand crypto companies this year. One of the countries lauded as being among the most crypto friendly in the European Union revoked the licenses of more than 1,000 crypto firms in 2020. According to news outlet Postimees, Estonia’s Financial Intelligence Unit, or FIU, has revoked the licenses of roughly […]
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Blockstack’s ecosystem has exceeded the firm that gave it life, argues CEO. You could argue that the crypto industry should be crowdsourcing Blockstack’s legal expenses. Blockstack’s trailblazing work with the Securities and Exchange Commission on the initial coin offering (ICO) for its native Stacks (STX) tokens made headlines in mid-2019. On Monday, Cointelegraph reported on […]
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Now live, Theta’s network upgrade includes an updated block explorer capable of working with smart contract data. Theta, a blockchain that facilitates decentralized video streaming, recently updated its mainnet, adding a number of benefits. Theta’s mainnet now hosts smart contract capabilities, as of a block height of 8,411,427, Theta Labs said in a blog post […]
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ICOs are revolutionary for business, though the fear of being scammed keeps investors at a distance. Using blockchain technology, initial coin offerings have become an alternative means of acquiring funding for business projects using the new, evolving digital financial market for tokens. In contrast to initial public offerings, which are governed by strict legal regulations, […]
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The latest in securities law and crypto is not a revolution but it is a step forward. As Cointelegraph reported two weeks ago, the Securities and Exchange Commission put out a rare no-action letter in defense of IMVU’s new blockchain-based VCOIN. VCOIN is only the third digital token to get such legal protection from the […]
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New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020. Research outfit Xangle has found that a third of sampled retail investors in the United States felt “deceived” by initial coin offerings, or that the projects had withheld information from them. Notably, Xangle’s […]
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Jay Clayton is stepping down from his role as SEC Chairman at the end of the year, but before going he wants to set the record straight on the SEC’s opinion of Bitcoin. The outgoing SEC Chairman Jay Clayton, who oversaw the rejection of nine Bitcoin ETFs during his tenure, has told CNBC that “inefficiencies” […]
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The settlement with the SEC came after the three were charged in September for their participation in “unregistered and fraudulent” ICOs. Three associates of Clifford Joseph Harris Jr., a rapper also known as T.I. who was responsible for helping launch the FLiK token, have agreed to pay more than $100,000 after a U.S. district court […]
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