Coinbase, Kraken and other major U.S. crypto firms reportedly team up to establish Crypto Ratings Council. Major United States’ crypto firms such as Coinbase and Kraken teamed up to launch a rating system to jointly define which digital assets are securities. Crypto Ratings Council to launch on Sept. 30 In a move to provide more […]
Continue Reading
Adoption is critical for the success of the blockchain and cryptocurrency industries. Here are five examples of developments that could spur adoption from last week. Analysts have long predicted that the increased participation of governments and institutional players in the blockchain and cryptocurrency space shows how the respective industries are maturing. The founder of crypto […]
Continue Reading
A special edition of the new Galaxy Note 10 for the South Korean market will reward users with free KLAY tokens. South Korean tech giant Kakao Corp. will issue its affiliate cryptocurrency, KLAY, direct to Samsung smartphone users. According to the Wall Street Journal (WSJ) citing people familiar with the plans on Sept. 5, the […]
Continue Reading
Tyson denies any connection with Fight to Fame. Suspected of cryptocurrency fraud, the project claims the opposite, saying the former boxer is a co-founder. United States boxing legend Mike Tyson has denied a connection with the cryptocurrency project Fight to Fame, which is suspected of financial fraud. He announced it in a Twitter post on […]
Continue Reading
Blockstack has received approval from the SEC to run a public token offering via Regulation A+ — a first use of the regulation for a token offering. The United States Securities and Exchange Commission (SEC) has given blockchain-based startup Blockstack the go-ahead to run a $28 million public token offering under Regulation A+, according to […]
Continue Reading
Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year. Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year, data from Morningstar via the Wall Street Journal (WSJ) reveals. As of July 9, the investment instrument is yielding a 296% appreciation YTD […]
Continue Reading
Facebook’s newly announced cryptocurrency could shake up the industry and bring mainstream recognition to blockchain. Facebook has been in the news quite often over the past few years — and usually for all the wrong reasons. The social media giant has been lambasted over its privacy practices, its seemingly anti-consumer stance and even an apparent […]
Continue Reading
Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in the governance consortium. Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13. Source ostensibly familiar […]
Continue Reading
Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following the case of “crypto” firm Longfin Corp. when it allegedly organized a fraudulent Reg A+ IPO. Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following problematic offerings like that of purported cryptocurrency firm Longfin Corp., the Wall Street […]
Continue Reading
Prof. Stuart Madnick has stated that blockchain technology is not as secure as many purport it to be. A professor at the Massachusetts Institute of Technology (MIT) says that blockchains are not as secure as they are purported to be in an editorial in the Wall Street Journal (WSJ) on June 6. Stuart Madnick — […]
Continue Reading