Textbook Case of Crypto Hype: How Iced Tea Company Went Blockchain and Failed Despite a 289 Percent Stock Rise

Long Blockchain Corp (i.e., Long Island Iced Tea), has reached an agreement to sell its beverage business. On March 6, Long Blockchain Corp., previously known as Long Island Iced Tea, reached an agreement to sell its beverage business. In December 2017, the firm rebranded itself to focus on blockchain development and enjoyed a 289 percent […]

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CFTC Requires Trading Platform to Pay $990K for Illegal Bitcoin-Related Transactions

The U.S. Commodity Futures Trading commission fined a Marshall Islands-based startup and its owner for illegally trading with U.S. customers. The United States Commodity Futures Trading Commission (CFTC) has announced Monday, March 11, that international securities dealer 1pool Ltd. and its CEO Patrick Brunner must pay a total of $990,000 for illicit Bitcoin (BTC) transactions […]

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Investment Firm Invesco Launches Blockchain ETF on London Stock Exchange

United States-based investment management company Invesco is launching a exchange-traded fund on the London Stock Exchange. United States-based investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange (LSEG) today, March 11, financial newspaper Financial Times reports on March 9. Per the article, the Invesco Elwood Global Blockchain ETF […]

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SEC Commissioner Hester Peirce: Crypto Markets Should Self-Regulate When Possible

“Crypto Mom” Hester M. Peirce has argued in favor of self-regulation for cryptocurrency markets when possible. United States Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce has argued in favor of self-regulation for cryptocurrency markets when possible. The commissioner made her remarks during a public talk together with former Commodity Futures Trading Commission (CFTC) […]

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Hodler’s Digest, March 4–10: Top Stories, Price Movements, Quotes and FUD of the Week

In major news this week, university students seem to be making a profit mining crypto, and Jack Dorsey buys $10,000 of BTC a week. Top Stories This Week Research: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners According to research from tech conglomerate Cisco, college campuses are the second-largest crypto miners across industry […]

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