An investment banking strategist for BMO says Bitcoin has shown a lot of volatility, and it is too soon to call it a safe haven. Brian Belski, chief investment strategist at the investment banking company BMO Capital Markets, said that he thinks it is premature to call Bitcoin (BTC) a safe haven from economic turmoil. […]
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Malaysian electric utility Tenaga Nasional Bhd has raided 33 illegal Bitcoin mining operations that were allegedly stealing electricity. Authorities raided Bitcoin (BTC) mining operations in Malaysia after finding that they were stealing electricity resulting in a loss of 3.2 million Malaysian ringgit ($760,736) to the utility company. 33 facilities illegally mining Bitcoin Malaysian major electric […]
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Kik says the SEC’s allegations are based on smoke and mirror tactics, and that they have no strong evidence to support their case. Social media organization Kik has responded to a United States Securities and Exchange Commission (SEC’s) complaint alleging that Kik violated securities laws in its 2017 token fundraiser. In a court filing dated […]
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Chinese police are reportedly taking legal action against decentralized cryptocurrency exchange EtherDelta in connection with an apparent exit scam. Chinese police are reportedly taking legal action against non-custodial token trading platform EtherDelta in connection with an apparent exit scam. The news was reported on Aug. 7 in a series of tweets published by Dovey Wan, […]
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Blockchain startup tZERO, announced that it has been awarded a patent for a technology storing exchange data on public blockchains. Blockchain startup tZERO, announced that it has been awarded a patent for a technology allowing to anchor traditional trades and exchanges to public blockchains. A blockchain integration for exchanges The company announced the development in […]
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U.S. Securities and Exchange Commission commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for the offer and sale of certain tokens. U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for token offerings. The news was reported by Singaporean blockchain business consulting firm Jenga […]
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Regulatory frameworks for Bitcoin (BTC) and other cryptocurrencies have developed differently around the globe, ranging from outright bans to so-called “crypto-friendly” legislation. Despite being an economic leader, many within the crypto industry argue that the United States in particular has not yet gained a leading position among governments actively working to regulate this new technology. […]
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Zambia’s SEC has warned the public about investing in Onyxcoin and reminds them that ICOs are risky. The Zambia SEC’s CEO, Philip Chitalu, has warned the public that cryptocurrency OnyxCoin creator Kwakoo is not licensed to give investment advice or solicit funds, from within and outside the country alike. The Lusaka Times relayed the SEC […]
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Zambia’s SEC has warned the public about investing in Onyxcoin and reminds them that ICOs are risky The Zambia SEC’s CEO, Philip Chitalu, has warned the public that cryptocurrency OnyxCoin creator Kwakoo is not licensed to give investment advice or solicit funds, from within and outside the country alike. The Lusaka Times relayed the SEC […]
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About 7% of Switzerland’s biggest cross-industry self-regulatory organization (SRO) is now made up of members from the cryptocurrency industry. Switzerland’s biggest cross-industry self-regulatory organization (SRO) has seen a spike of members from the cryptocurrency and blockchain industry. 88 members of Financial Services Standards Association have connection to crypto The Swiss Financial Services Standards Association (VQF), […]
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