SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets
The Securities and Exchange Commission announced today that Russian entity ICO Rating has agreed to pay $268,998 to settle charges that it failed to disclose payments received from issuers for publicizing their digital asset securities offerings. The SEC’s order found that between December 2017 and July 2018, ICO Rating produced research reports and ratings of […]
BitMEX Trades Record $16 Billion in One Day
On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with the number topping $16 billion across the platform’s product range. Volume had swiftly risen above $10 billion in previous hours, leading CEO Arthur Hayes to declare any […]
Samsung SDS Expands Blockchain Business With Cloud-based Enterprise Platform
On June 18, Samsung SDS introduced customers’ common pain points in adopting blockchain and announced its blockchain business direction and the solution to the pain points. When companies apply blockchain technology to their business, they have concerns on △Converging services across various industries △Connecting different blockchain technologies △Easy application and expansion of blockchain in timely […]
CEO Twitter Jack Dorsey Answers Questions About Square’s Plans for Bitcoin
Square is a company best known for its disruptive card payment technology. Founded in 2009 by Twitter CEO Jack Dorsey, the company sells affordable mobile-based point-of-sale systems. But beyond the world of traditional fiat currencies, the firm is making cautious steps into the fast-paced world of cryptocurrency. Back in March, Dorsey tweeted that Square was […]
Facebook will reportedly announce cryptocurrency this month, allowing employees to take it as salary
Facebook will announce its cryptocurrency later this month, and will allow employees working on the project to take their salary in the form of the new currency, according to a report in The Information. About a year ago, the company appointed former PayPal executive David Marcus to begin exploring opportunities with blockchain, the technological underpinning […]
POTS Are the New ICOs and WeBuy Is Leading the March
WeBuy introduces the very first on-demand advertising platform, based on a complex web of Buyer Referral Networks (BRN), completely created and governed by users of the platform. Entering a $250 billion market, WeBuy gets rid of unnecessary third parties and doesn’t put itself in the middle. The buyer’s private information is never revealed to sellers […]
Binance Continues Expanding With New Token Sales on ‘Launchpad’
Crypto exchange Binance has shown no sign of slowing down during the year-long bear market as it continues to innovate and nurture projects to foster the embryonic industry. Its latest offering is called Launchpad which has been described as a token launch platform which helps blockchain projects raise funds and increase their reach in the […]
Tron Price Analysis: TRX Surge, can it Flip Ethereum to Second?
No doubt, Tron (TRX) is one of the best performers in the last week. It is up 39.5 percent at the time of press and trading within a bullish breakout pattern after clearing 2.5 cents. At this rate, TRX may end up testing 4 cents by the end of January. Tron Price AnalysisOverview There are […]
Ethereum Developer ConsenSys Partners With AMD To Bolster Blockchain Industry
Although the crypto market has stagnated, the startups driving the blockchain boat have continued to forge ahead with their efforts. Reports indicate that ConsenSys, a key participant in the nascent Ethereum ecosystem, has partnered with a leading American multinational semiconductor conglomerate to produce blockchain-friendly hardware and software. AMD And Blockchain Group ConsenSys Join Hands On […]
Crypto Markets Drop Slightly After Yesterday’s Surge, Stock Market Drops as Apple Plunges
Following yesterday’s crypto market surge that sent Bitcoin up more than 4% and Ethereum up more than 10%, the markets have found some levels of stability and are currently trading down slightly. Although the crypto markets are relatively stable as of now, the stock market is seeing tremendous levels of instability, with today’s drop being primarily […]
Ripple Price Analysis: XRP Bearish Below 40 Cents, NY Ready to Explore
Enthusiasts often paint a rosy picture on the burgeoning internet of value claiming it will disrupt and eventually replace centralized set-ups. But before this come to pass, the community understands that education and general awareness is key. It is for this reason that Ripple has so far donated $80 million to various causes. On their […]
Crypto Markets Recover Slightly After Yesterday’s Drop, Equities Market Trades Flat
The traditional equities market, which has seen increased volatility over the past several weeks, is currently trading flat and one prominent investor believes further instability could be right around the corner. Crypto Markets Trade Up After Yesterday’s Drop Yesterday, Bitcoin dropped from the $3,800 region to lows of $3,645, from which it has since recovered. At the […]
Bitcoin May Breach $333,000 By 2023: Why This Prediction Isn’t Crazy
There’s no denying it, the crypto industry is known for its eccentric individuals, statements, and startups. John McAfee, for example, promised to consume his family jewels if Bitcoin (BTC) doesn’t reach $1 million apiece by 2020’s end. While McAfee’s call is by far the most bizarre, especially what he wagered, he isn’t the only industry […]
Mike Novogratz Explains Why He’s Still All-In on Crypto
No one on Wall Street embraced cryptocurrencies with as much gusto as legendary trader Mike Novogratz. After Jamie Dimon called Bitcoin a “fraud”in September 2017, Novo, as he’s known, predicted, correctly, it would hit $10,000 and keep climbing. The former hedge fund manager and Goldman Sachs Group Inc. partner became an unlikely hero of the […]
Mike Novogratz’s Crypto Trading Desk Lost $136 Million in Nine Months
The bad year for traders at Mike Novogratz’s cryptocurrency merchant bank got even worse in the third quarter — and that was before the market fell out of bed this month. Net realized and unrealized losses on digital assets at Galaxy Digital Holdings LP’s trading operation totaled about $41 million in the third quarter, bringing […]
