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The U.S. Securities and Exchange Commission published a new warning against initial exchange offerings (IEOs) Tuesday. According to the notice, IEOs are similar to initial coin offerings (ICOs), many of which the agency has been investigating as unregistered securities offerings over the past several years. While IEO providers may claim
Read MoreIt’s been more than three months since Wyoming began taking applications to charter a new type of crypto-friendly bank, and no company has announced its application while a handful of firms have indicated an intent to apply. This hasn’t cooled hype around the charter’s potential. In October, Colorado announced plans to
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 MoreCryptocurrency exchange Binance has made its first direct investment in a South Korean startup.According to an exclusive report by CoinDesk Korea, Binance has taken a 500 million won ($432,000) stake in BxB, a Korean fintech firm that launched a Korean won stablecoin last year. Alongside the investment, the two firms
Read MoreBlockchain is listed as the number one “hard skill” in 2020 in a new report compiled by jobs site LinkedIn."Last year, cloud computing, artificial intelligence, and analytical reasoning led LinkedIn’s global list of the most in-demand hard skills," LinkedIn wrote in the report. "They’re all on the list again this
Read MoreSelf-proclaimed Bitcoin (BTC) creator Craig S. CSW (CSW) now has 20 days to prove his claims by producing the $9.2 billion in BTC held in the Tulip Trust. Meanwhile, Bitcoin SV (BSV), touted by CSW as being the true Bitcoin is currently on a roll, moving up the top 10
Read MoreFor the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX.Using PAX Gold, a stablecoin backed by gold, FTX will allow traders to buy and
Read MoreThe Altcoin Index Perpetual Futures broke out of a major resistance level in the past week, which may indicate that due to the strong momentum in the crypto market, major altcoins are in a prime position to sustain their upward movement.$ALT perp:Breakout ✅Retest ✅Consolidation ✅Continuation ✅ pic.twitter.com/V3Q3Kv9fwy— The Crypto Monk
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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