While most people in the US have been distracted by Democratic and Republican Senators bickering over what now Justice Brett Kavanaugh was up to 36 years ago, a lot has happened in the world of finance, and it directly impacts how we should think of the digital currency marketplace. Mainstream media is fixated on how […]
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American economist Nouriel Roubini has prepared his “debunking” of crypto in a 30-page testimony set to be delivered at a U.S. congress hearing today. American economist Nouriel Roubini has prepared his “debunking” of the crypto and blockchain space in a 30-page testimony set to be delivered at a U.S. congress hearing. The hearing will be […]
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Russian crypto exchange YoBit tweeted that it will pump the price of 10 random coins. Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through […]
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Cryptocurrency Initial Coin Offerings (ICOs) failed to surpass the $300 million fundraising mark for September 2018. ICO fundraising is now at its lowest point since mid-2017 as the crowdfunding scene continues to mirror the decline of the broader virtual currency market. Cryptocurrency ICO Fundraising Falls Below $300 Million in September 2018 According to Bloomberg, cryptocurrency […]
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The U.S. SEC has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million ICO. The U.S. securities agency has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million Initial Coin Offering (ICO), according to an […]
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Jeanine Hightower-Sellitto, a former COO of a NASDAQ subsidiary, will develop Gemini’s marketplace to attract institutional investors. Former COO of major U.S. stock exchange NASDAQ subsidiary Jeanine Hightower-Sellitto has joined crypto exchange Gemini, the company revealed in a Medium post on Wednesday, Oct. 10. The U.S.-based Gemini, launched by the Winklevoss twins back in 2015, […]
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What “Blockchain Promotional Act 2018” might mean for the US industry. Last week, two US lawmakers introduced a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives. Its main purpose is to establish a common definition of ‘blockchain’ technology along with a blockchain working group that would potentially overview studies for federal […]
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The most popular cryptocurrency exchange in the world, Binance, sent out a blog post this morning saying they are delisting 4 coins. (BCN, CHAT, TRIG, ICN) I decided to do some digging myself into the potential reasons for these delistings. Each of the 4 projects became delisted for a different reason, and Binance didn’t explicitly […]
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The United Arab Emirates’ national securities regulator plans to introduce ICOs for capital markets in 2019, having approved their regulation under securities laws. The United Arab Emirates (UAE)’s national securities regulator plans to introduce Initial Coin Offerings (ICO) for capital markets in 2019, Reuters reported Oct. 8. Reuters notes that the regulator has embraced the […]
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The European securities watchdog is studying ICOs to see how it fits into existing regulation, as well as their impact on competition in the capital raising sector. The European Securities and Markets Authority (ESMA) has announced it is examining Initial Coin Offerings (ICOs) to determine how they should be regulated, Reuters reported Oct. 8. The […]
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