According to venture capitalist Jalak Jobanputra, venture capital valuations have been hit hard by depressed cryptocurrency prices. Venture capital (VC) valuations have been deeply affected by the cryptocurrency bear market, says Jalak Jobanputra, founding partner of Future Perfect Ventures, in an interview with Forbes’ Balancing the Ledger on Feb. 11. Founded in 2014 in New […]
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The SEC’s brief introduction on ICOs features an overview of issues such as securities registration, financial risk and other obligations. U.S. regulator the Securities and Exchange Commission (SEC) has reiterated guidelines on initial coin offerings (ICOs) in a tweet Feb. 10, as efforts to formalize the sector continue. A dedicated section of the regulator’s website […]
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As the Year of the Earth Pig has come, it is time to look back at what happened during the previous year. Happy Chinese New Year! As the Year of the Yellow Mountain Dog has drawn to a close, it is time to look back at what happened. While there was a promising start in […]
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The UAE Ministry of Finance will hold two closed sessions devoted to global financial trends, including the development of blockchain and digital currencies. The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit. The news […]
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A report says that ICOs in Q4 2018 raised 25 percent less than in Q3, while the total amount of completed ICOs dropped. Initial coin offerings (ICOs) in Q4 2018 raised 25 percent less than in Q3, while the total amount of completed ICOs increased, according to a report by ICO rating service ICObench shared […]
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Matt Hougan expressed his idea that most cryptocurrencies will die, and the “sooner that happens, the better.” Matt Hougan, Global Head of Research at Bitwise Asset Management and president at ETF.com, expressed his idea that most cryptocurrencies will die in an interview with Bloomberg published on Feb. 5. During the interview, Hougan declared that he […]
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The Financial Conduct Authority reported that investment scams’ losses amounted to over $255 million in 2018. The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press […]
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The Philippines has issued new rules affecting the acquisition of crypto assets, including utility and security tokens The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4. The new regulations released by the […]
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A member of the Dubai royal family has backed a Liechtenstein-based cryptocurrency management firm, Invao Dubai royal and Emirates Group chairman Sheikh Ahmed bin Al Maktoum is backing Lichtenstein-based cryptocurrency fund manager Invao, according to a report from Bloomberg on Feb 5. The fund management firm purportedly aims to secure more investors in the United […]
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The Forbes “Fintech 50” list for 2019 of top fintech firms features little over half as many blockchain companies as before. The Forbes 2019 “Fintech 50” list of the world’s top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition. Released in […]
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