Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP

Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token. Siam Commercial Bank (SCB), Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications. The bank’s denial was communicated in a tweet published on June 7. The bank’s denial was […]

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SEC Sues Kik for Conducting Allegedly Unregistered $100 Million ICO in 2017

The U.S. Securities and Exchange Commission sued Canadian startup Kik for opening a securities offering without registration. The United States Securities and Exchange Commission (SEC) has sued Canadian startup Kik for an unregistered $100 million token offering, the regulator officially announced on June 4. According to the SEC’s complaint, Kik violated the registration requirements of […]

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Apple to Unveil ‘CryptoKit’ Cryptographic Developer Package at Upcoming Conference

The tech giant is eyeing making its apps more cryptographically secure at the behest of developers. Apple will target cryptographic developer tools at this year’s Worldwide Developers Conference (WWDC) 2019, the company revealed in the event program for June 5. During a session scheduled for Wednesday at the ongoing event, titled “Cryptography and your Apps,” […]

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