The Securities and Exchange Commission (SEC) of the US is tightening the noose around initial exchange offerings (ICOs). In yet another step against them, the Commission has brought charges against one more allegedly fraudulent ICO of unregistered digital asset securities.The SEC Is Getting Serious About ICOsThe SEC has pressed charges against defendants Sergii “Sergey” Grybniak and Opporty International, Inc. Per the complaint, the defendants Opporty and its sole owner, Grybniak, conducted a...
Read More »Square Crypto Is Paving the Way for Bitcoin to Muscle Cash Out of the Way
Square Crypto is building a Lightning Dev Kit that will give developers more flexibility for Lightning tech and bitcoin wallets. Square’s crypto arm expects that bitcoin payments will overtake cash. Bitcoin’s volatility has gotten in the way of its use case for payments. While some of Twitter gets on Jack Dorsey’s case for allegedly trying to interfere with the presidential election, he has set his sights on something else – crypto. Square Crypto, the Bitcoin...
Read More »Freewallet Family Launches Update 2.0 for 16 Standalone Wallets
The Freewallet Family has launched version 2.0 for 16 standalone wallets. The company updated 11 single-currency applications on Android and 5 apps on iOS for a total of 11 coins and tokens.The version 2.0 is available for Ardor, Bitcoin Gold, Dash, IGNIS, Lisk, NEO, NXT, Tether, Monero, ZCash, Bytecoin on Android. Concerning iOS, Bitcoin Gold, Dash, Lisk, Monero, Bytecoin are accessible to download.The Freewallet Family Development team has been working on the update for the last half-year....
Read More »ONCHAINID: The Universal Identification System Solving Compliance for Financial Institutions
Place/Date: Luxembourg - January 21st, 2020 at 10:57 pm UTC · 4 min read Contact: Tokeny Solutions, Source: Tokeny Solutions Tokeny Solutions today announced the release of the ONCHAINID, the universal identity system that empowers financial institutions to unlock the significant benefits of using decentralized technology. It is an upgrade of InvestorID, and alongside investors, the system enables market actors to identify issuers, agents, securities and assets on a shared...
Read More »A New Platform to Enable Communication Between Ethereum Enterprises Is in Development
The Enterprise Ethereum Alliance (EEA) is looking to bring about new ways in which the Ethereum blockchain can be utilized for private businesses.Can Ethereum-Based Businesses Work Together?One of the main issues encountered in the Ethereum space is that while several businesses and platforms utilize Ethereum technology, very few of them can communicate with each other. Paul DiMarzio – director of community for the EEA – commented that while many enterprises have sought out Ethereum’s...
Read More »Cardano Price Analysis: ADA Sets Eyes $0.064, Has To Overcome Tough Resistance First
Today, Cardano is up by 8% after regaining momentum from $0.042.ADA is revamping bullish setups but immediate resistance is posing threat to buyers.Cardano is currently trading around key price areas against Bitcoin and US Dollar.ADA/USD: Cardano Targets $0.064 But Facing Tough Resistance At The MomentKey Support Levels: $0.0415, $0.0355Key Resistance Levels: $0.055, $0.064Since Cardano found a bottom at $0.030 in late December, the price has continued to pace up slowly against the US...
Read More »Peter Schiff: All My BTC Can’t Be Accessed
Peter Schiff – a longtime bitcoin skeptic – claims that his digital wallet was somehow compromised; that his password is no longer valid, and all his cryptocurrency funds are frozen.Peter Schiff – All My BTC Is Gone!It’s strange that Schiff owns any bitcoin at all. The man has long claimed that bitcoin is useless, even more useless than marijuana in a recent interview. He previously stated:You can smoke pot and get high. You can’t do anything with bitcoin.The man has long been a hardcore...
Read More »New Crypto Tax Bill Seeks to Help Everyday Consumers
The latest form of crypto-friendly tax reform is coming into play. Last Thursday, a new bill known as the Virtual Currency Tax Fairness Act was introduced and seeks to limit some of the capital gains taxes for those who utilize cryptocurrency to pay for everyday goods and services.A New Crypto Tax Bill That Serves ConsumersThis could ultimately serve the crypto industry quite well. One of the big things that’s getting in the way of cryptocurrencies turning mainstream is that they are not...
Read More »Largest Ethereum 2.0 Testnet Gets More Than 22,000 Validators
As the Ethereum community anticipates Ethereum 2.0, a public testnet has already recorded impressive participation. The testnet has already pulled in more than 22,000 validators.Ethereum 2.0 Testnet from Prysmatic LabsThe test in question is the one from Prysmatic Labs, a team of software engineers basically working on the future of Ethereum. It launched its testnet on Thursday, September 9 and quickly dwarfed all other single-client tests within a week.By Thursday last week, former Google...
Read More »Ex-CFTC Chair: Cryptocurrencies Could Have Mitigated The 2008 Global Financial Crisis
As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo. Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies. The ex-chairman of the United States’ Commodity Futures Trading Commission believes that, had blockchain technology been introduced to the world before the global financial crisis of...
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