Cryptocurrency Analysis and News Portal
The United States District Court for the Southern District of New York has ordered purported cryptocurrency company Longfin to pay a total of $6,755,848 million in penalties.Falsely obtained qualification for Regulation A+ offeringOn Sept. 30, the Securities and Exchange Commission (SEC) announced that a New York federal court entered
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Swiss Digital Exchange (SDX), a digital asset trading platform by Switzerland’s principal SIX Swiss Exchange, will reportedly launch its initial digital offering (IDO) in 2020.SDX security tokenThe not-yet-launched SDX has reportedly set up a global consortium of financial institutions to back its IDO in the middle of 2020, Coindesk
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The Ethereum network’s Istanbul hard fork is expected to break 680 smart contracts on the decentralized management platform Aragon.Jorge Izquierdo, CTO at Aragon One, said that the upcoming upgrade will result in the breaking of roughly 680 smart contracts, industry-focused media outlet Coindesk reported on Sept. 30. Izquierdo explained that
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The United States Securities and Exchange Commission (SEC) has reached a settlement with Block.one to pay $24 million in penalties for conducting an unregistered initial coin offering (ICO).On Sept. 30, the SEC announced in a press release that it has settled the charges against the firm behind the EOS
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Ouch, Crypto Mine on FireWhile Bitcoin is a digital coin, it has a physical component: nodes and miners. A network of tens of thousands of mining machines constantly process transactions and place them into blocks, creating a chain.Due to their physicality, these machines are susceptible to risk. A “mega farm”
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The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement
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The United States Department of Homeland Security (DHS) has awarded $143,478 to Vienna-based Danube Tech to develop blockchain security solutions.Silicon Valley Innovation ProgramOn Sept. 26, the United States DHS Science and Technology Directorate (S&T) announced in a press release that Danube Tech was awarded a contract to assist the
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Just a decade ago, speculating on cryptocurrency prices meant figuring out a way to buy Bitcoin (BTC) and add it to your blockchain wallet. This was a feat that was worthy of bragging rights: In 2010, there were few exchanges, low liquidity and barely any infrastructure, meaning that crypto was
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Cuba rolled out mobile across the country last year, and this has resulted in increased usage of cryptocurrency. Most Cubans are increasingly using cryptocurrencies to circumvent economic sanctions levied by the US to access the global marketplace. However, despite this increasing adoption, crypto still faces several challenges in Cuba. Some of
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Cryptocurrency trading platform Bittrex has announced Bittrex Global, a new platform headquartered in Liechtenstein.Per a press release shared with CryptoX on Sept. 30, Bittrex is expecting to roll out Bittrex Global at the end of October in the city of Vaduz, Liechtenstein. A fundamental reason for Bittrex’s choice to
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