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The U.S. Securities and Exchange Commission (SEC) sent out a warning today from its Investor Education and Advocacy wing, urging citizens to be wary of initial coin offerings (IEOs).In a Jan. 14 statement on its website, the SEC said:“Be cautious if considering an investment in an IEO. Claims of
Read MoreSinger Akon tweeted yesterday, “Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future.”The futuristic city Last year, CryptoX reported early plans for the futuristic city. The project portends a “100% crypto-based city with Akoin at the center of transactional life.” The metropolis
Read MoreOn Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750. As reported earlier by CryptoX, crypto analyst Tone Vays predicted that if Bitcoin price gained above $8,600, $8,800 would serve as the next level of
Read MoreOn January 9th, digital asset marketplace Binance.US unveiled a mobile app for iOS and Android users.Early user response?After successful beta testing on both iOS and Android versions in December, users can now trade over 25 digital currencies in real-time. “Binancians” can track and analyze market movements, as well as
Read MoreThe United States Securities and Exchange Commission have argued in a Jan. 10 filing that Blockvest founder Reginald Buddy Ringgold III falsified and, in one case, forged signatures in documents critical to the case. The commission had previously charged Blockvest with falsely declaring that its initial coin offering (ICO)
Read MoreFidelity Digital Assets (FDAS), the Bitcoin-centric arm of investment firm Fidelity, has entered a partnership with a London-based crypto asset manager in bullish move to expose Bitcoin to institutional investors in Europe.Fidelity’s Europe PushFDAS will act as a custodian for Bitcoin held by Nickel Digital Asset management, the two companies
Read MoreTexas regulators have included cryptocurrencies in their list of top threats to investors, according to the latest Texas Investor Guide.In its tenth anniversary edition of the State Securities Board’s “Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud,” the regulator added cryptocurrency to the list of investments
Read MoreBitcoin (BTC) has been showing strength recently, as it surged from $6,900 to $8,500 in a matter of two weeks. Not only has Bitcoin sees a period of growth, but privacy coins and Bitcoin forks have also been showing a similar move.Crypto market daily performance. Source: Coin360Dash (DASH) is
Read MoreSingaporean Mark Cheng was recently kidnapped in Thailand and tortured for a $740,000 ransom in Bitcoin (BTC), the South China Morning Post and others report on Jan. 14.After transferring all his available funds of $46,000, he allegedly made a daring escape as his captors prepared to murder him.Cheng was
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