Russia’s Largest Darknet Market Is Hawking an ICO to Fund Global Expansion
Here’s one token sale that’s almost certainly illegal, and not just under securities laws. Source
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Hybrid AI Firm Cindicator Launches Crypto Fund Based on Hybrid Intelligence
Hybrid intelligence firm Cindicator is launching Cindicator Capital, a crypto hedge fund based on hybrid intelligence and quantitative research.In a press release on Dec. 11, the company said that this new crypto fund provides access to investment strategies based on hybrid intelligence data as well as quantitative research, which
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Shopin Founder Pleads Guilty to Orchestrating Fraudulent $42 Million ICO
The New York Attorney General (NYAG) Letitia James announced the conviction of Shopin founder Eran Eyal for orchestrating a fraudulent initial coin offering (ICO) following his guilty plea.As the NYAG announced on Dec. 12, the former CEO of Shopin pleaded guilty to felony charges for running a fraudulent initial
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BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State
Cryptocurrency lending firm BlockFi announced in an email that it obtained a money transmission license (MTL) in the state of Washington in the United States.The firm explained that the license will allow BlockFi to be the first crypto company eligible to offer interest-bearing crypto accounts to Washington state residents.
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PODCAST: Introducing ’The Breakdown’ With Nathaniel Whittemore
In the debut episode, Nathaniel discusses recent regulatory action, DeFi project on bitcoin, and a new social media protocol initiative from Twitter. Source
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Can IEO Cryptos Recover After MATIC’s Mysterious 70% Plunge?
One of Binance’s initial exchange offering (IEO) tokens, Matic Network (MATIC), dropped almost 70% on Dec. 10. Meanwhile, other IEOs such as Celer Network (CELR) and Harmony (ONE) also followed suit. Based on the Ichimoku Cloud, MATIC’s trend now sits in jeopardy as CELR and ONE seem to have lost
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Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets
Digital asset custody firm Trustology has cut seven of its 18 staffers as the big banks it courted are taking longer than expected to jump into crypto. Original Source
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Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the
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Mining Giant Glencore to Trace Cobalt Using ‘Responsible Sourcing’ Blockchain Consortium
Glencore, one of the world’s largest cobalt producers, will use a Hyperledger Fabric blockchain to responsibly source its supply chain. Source
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Kraken Job Ad Hints at Plan to Build Special-Purpose Wyoming Bank
At CoinDesk’s Invest: NY conference last month, Wyoming officials touted the charter as a potential end-run around New York’s notoriously strict BitLicense, which the Empire State is in the process of revising. Kraken CEO Jesse Powell has previously said his company stopped serving New York customers several years ago because
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