Tag Archives: sec

CoinMarketCap was established back in 2013, and it has seen a wild history full of glory and shame. We won’t be coming back to all the episodes of CMC rising. Let’s say it is exciting. Within this piece, let’s talk a bit about their recent improvement. Coinspeaker loves improvements, and here’s the one you should at least know about.CoinMarketCap Liquidity Matter More Than Fake VolumesCMC introduced its new service for measuring exchanges liquidity, which is a new primary metric that they are...

Silvergate Bank, a crypto-forward bank, has officially gone public on the New York Stock Exchange (NYSE). The initial public offering (IPO) has been a long time coming as plans to launch officially began last year.On Nov. 7, the NYSE’s official Twitter account posted a tweet confirming the IPO celebration as well as Silvergate’s ticker – NYSE: $SI.NYSE Opening Bell ?: Silvergate (NYSE: $SI) celebrates their IPO day https://t.co/FX3OQcP0dU— NYSE ? We Are Living Tech (@NYSE) November 7, 2019A...

Micree Zhan, the co-founder of popular crypto mining company Bitmain, has said that he will definitely return to the company, even if it means considering a legal course of action. This is the first time Zhan has publicly spoken on the matter after news of his abrupt and shocking sack from the company made the rounds last week.In an email that shocked not just Bitmain staff but eventually the entire crypto world at large, co-founder Jihan Wu informed employees that Zhan was no longer a part...

Ripple Labs Inc, and its CEO Brad Garlinghouse are enmeshed in a lawsuit with Bradley Sostack who is the court-appointed plaintiff in a lawsuit that argues that Ripples monthly Escrow sales of its token constitute illegal sales of securities.The filing which was made public on Monday indicates that the new claim was made as a result of Ripples’ motion to dismiss the suit in September. Ripple is basing its argument on the statute of repose where the plaintiff didn’t file any charges within the...

Today the next chapter of a long-running and closely watched lawsuit against Ripple will happen. The plaintiff, Bradley Sostack, has time until the end of this Monday to file a response to the startup’s September 20 motion to dismiss. If the case won’t be entirely dismissed, it will probably go into discovery next year.As we already reported, the main point of this dispute is the question of whether Ripple’s cryptocurrency XRP is a security or not.If it is, that means that it should have been...

Photo: PixabayBlockchain startup Ripple is once again in news for investing in a cybersecurity startup called Keyless in the latest $2.2 million seed funding round. Keyless specializes in creating security products that can unlock access to users’ biometric data and private keys.Based in London, Keyless claims itself to be the first global company combining biometrics with multi-party computation. With its unique product offering, Keyless has attracted major investors like venture fund...

Token offering platform CoinList raised $10 million with a little help from Twitter and Square CEO Jack Dorsey. CoinList was founded back in 2017 as a spin-off of AngelList, and it acts as an ICO exchange platform that at first received support from investment company Polychain Capital, and upraised more than $9 million in its virgin funding tour. Since then, the company is directing regulatory rules concerning initial coin offerings (ICOs), a popular capital acquisition vehicle for emerging...

Deutsche Bank has embarked on a comprehensive restructuring plan, in a move to revive its failing business, according to reports from earlier this year, but recent events show that its program may not be going as expected. Deutsche Bank took a devastating financial blow which has totally derailed it from its intended market target.Surrounded by an ongoing restructuring plan, the German lender has released its third-quarter report for 2019 on Wednesday, which shows a net loss of 832 million...

Even though there’s currently no official word from the company, it has been reported that China’s Bitmain Technologies – one of the largest crypto mining manufactures in the world – has secretly made an official application with the United States Securities and Exchange Commission (SEC), to float an initial public offering (IPO). The move is also said to be fully backed by a German multinational financial services company, Deutsche Bank.Because it is supposedly a secret filing, there aren’t...

The blockchain startup Ripple is currently facing some major regulatory hurdles as investors have raised questions over the state of XRP being securities. To tackle this matter at hand, Ripple has brought some financial industry heavyweights to its board.In one such move, Ripple has recently appointed ex Bank of America executive – Benjamin Melnicki – as its head of Regulatory Affairs. Melnicki’s job at Ripple will be communicating and maintaining absolute transparency regarding Ripple’s...