The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto. Reggie Middleton, the chief executive of crypto company Veritaseum, is suing telecommunications provider T-Mobile for allegedly enabling the theft of […]
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America still lags behind countries like China, the United Arab Emirates and Switzerland when it comes to blockchain adoption. As blockchain adoption continues to garner mainstream traction across the private sector, an increasing number of government agencies are too looking to explore the potential of the technology. For example, the United States Food and Drug […]
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The CEO, President, and the COO of Canadian exchange Coinsquare have stepped down following an agreement with the Ontario Securities Commission. Coinsquare’s CEO Cole Diamond and President Virgile Rostand will step down and pay a $1.6 million fine as part of an agreement with Canadian regulator the Ontario Securities Commission (OSC). According to an announcement […]
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China’s Securities Regulatory Commission allows regional equity markets to experiment with blockchain in the equity trading industry. The China Securities Regulatory Commission, or CSRC, recently issued a letter approving five regional equity markets. They will include equity centers in Beijing, Shanghai, Jiangsu, Zhejiang and Shenzhen. These and other regions received authorization to begin experimenting with […]
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Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has […]
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Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities. Everything is bigger in Texas, and now the state with the second-largest geographical area in the United States is aiming to prove that it can lead the way in blockchain […]
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Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly. Since early 2020, the institutional demand for Bitcoin (BTC) has been steadily increasing. In the second quarter of this year, data show that the appetite for BTC spiked significantly. According to crypto asset fund […]
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Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets. Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts. In the July 20 announcement, Grayscale said the Financial Industry Regulatory Authority (FINRA) […]
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Analysts predict that the end of Bitcoin’s compression cycle will hit within days as price action continues to preserve $9,000 support. Bitcoin (BTC) price begins a new week ranging north of $9,000 as it awaits cues from macro markets — what could be in store for the coming days? Cointelegraph takes a look at the […]
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Why we are now seeing clear institutional interest in the growing space of decentralized finance that will take it to the next level. The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s […]
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