Tag Archives: sec

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.Tesla is easily the most interesting company in the world right now, because of its extremely parabolic stock. Currently trading at $788.99, TSLA stock has already pulled in more than 92% gains this year alone. However, even as it enjoys its new status, Tesla has admitted that the current coronavirus outbreak is strong enough to put a...

The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...

The SEC commissioner Hester Pierce wants the blockchain space and the regulators to work on an eased juridical framework for ICOs in the next three years.During the recent industry conference in Chicago, the SEC Commissioner Hester Peirce proposed a new regulatory framework for ICO companies and unqualified investors.Current securities laws don’t allow numerous ICO startups and similar firms to collect money from U.S. citizens. According to the law, almost any cryptocurrency, coin or token is...

DeFi not only attracts major talent and interest but also large sums of money in the form of digital assets. The number of companies in this sphere is constantly growing but let’s look at the most prominent of them.There’s no time like the present to talk about DeFi.Short for “decentralized finance,” this buzzword simply refers to making conventional financial services (like loans or credit) available via cryptocurrency and blockchain technology. It’s a niche within the cryptocurrency niche,...

While a digital asset may look like a security at first, it could potentially become decentralized enough in the following years to no longer resemble a security. Bearing this principle in mind, SEC commissioner Hester Peirce has proposed a safe harbor period for token sales.The official at the Securities and Exchange Commission (SEC) Hester Peirce, named “CryptoMom” by the crypto community, suggested a so-called ‘safe harbor’ for all upcoming token projects. Her opinion is that this could...

SEC Commissioner Hester Peirce has publicly announced her proposal for a safe harbor for cryptocurrency token sales within the United States.Often referred to as “Crypto Mom”, Hester Peirce was first appointed to the U.S. Securities and Exchange Commission in early 2018 and has been a strong advocate for crypto ever since. And while this isn’t the first time that she has spoken up about creating a safe harbor for crypto, today’s announcement is the first formal attempt at creating the...

Elon Musk has unlocked a new earnings milestone for himself. Though TSLA price today is lower than yesterday, the stock continues its current and somewhat unprecedented surge.As Tesla stock (TSLA) continues to defy gravity, Elon Musk has achieved another earnings milestone. The CEO is now one step closer to reaping the heavy benefits of his earnings deal as agreed by shareholders back in 2018. If things continue this way, Musk could become one of the world’s most powerful CEOs and also one of...

Asana Inc., the developer of web and mobile app for organizing, tracking, and managing work, has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). In the statement, Asana revealed their plan to enter the public markets via a direct listing. In other words, Asana files for IPO.Asana stated:“The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions.”When...

A businessman in Arizona named Reginald Fowler, who was slated to plead guilty for potentially lying to banks so he could open virtual currency trading branches, has said “no” to his current plea deal.Fowler Is Heading to CourtFowler once held a minority stake in the National Football League’s Minnesota Vikings. He has been accused of running an unlicensed money-transmitting business that would have potentially allowed users to sell, trade and purchase digital currencies. Initially, Fowler...