As COVID-19 has the financial system more internet-dependent than ever, Congress is worried that the United States’ cyber defenses are not up to the current challenge. In a May 28 virtual roundtable before the congressional Subcommittee on National Security, International Development and Monetary Policy, witnesses and congresspeople alike feared that they are not keeping up […]
Continue ReadingAs Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world. The United States Securities and Exchange Commission’s vigor in pursuing initial coin offerings, or ICOs, has become a major boogeyman within the crypto community. Most recently, the case against Telegram ended with that company […]
Continue Reading
Santori joins to the Kraken’s legal team with broad experience in working on legal frameworks for the crypto industry, including SAFT. The U.S. based crypto exchange Kraken has appointed Marco Santori as the company’s new chief legal officer (CLO), according to an announcement shared with Cointelegraph on April 6th. Santori’s background in crypto law Santori […]
Continue Reading
A major trade association for the blockchain industry writes to U.S. court to defend Telegram in legal battle with the SEC. The Blockchain Association, a major United States-based trade association in the crypto sphere, has filed a new brief in support of Telegram amid the firm’s continuing legal battle with the Securities and Exchange Commision […]
Continue Reading
Blockchain firm Hedera announced that holders of its HBAR token who decide to further lock their crypto assets will be compensated with more cryptocurrency. Blockchain firm Hedera announced that holders of its HBAR token that decide to lock their crypto assets will be compensated with more cryptocurrency. In a blog post on Dec. 23, the […]
Continue Reading
Kadena launched its mainnet alongside its Kadena token wallet, and is planning its third token sale for Nov. 5–Nov. 22. The Kadena network, which is led by JPMorgan blockchain veterans, has gone live on Monday, with the firm announcing a new $20 million token sale. Kadena mainnet launch unlocks mining Kadena coins According to an […]
Continue Reading
TON investors could be left in the cold due to a reimbursement clause in the contract. Legal experts weigh in. Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and […]
Continue Reading
Ethereum is most likely not a security under U.S. laws, but a statement by the SEC chairman did not confirm it. Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman. “Based on my understanding of […]
Continue Reading
2018 witnessed a significant uptick in the number of ICOs authorized by the United States Securities and Exchange Commission to sell securities to large-scale investors. 2018 witnessed a significant uptick in the number of initial coin offerings (ICOs) authorized by the United States Securities and Exchange Commission (SEC) to sell securities to large-scale investors, according […]
Continue Reading
KodakONE has reportedly generated over $1 million in licensing claims for image rights during a limited beta test of its blockchain-based platform. KodakONE — the developer of a blockchain-based image rights platform licensed by photographic industry giant Kodak — has reportedly generated over $1 million in licensing claims for image rights during a limited beta […]
Continue Reading