Cryptocurrency Analysis and News Portal
Blockchain security firm Quantamp is set to return $28 million raised in a 2017 initial coin offering following charges brought by the United States Securities and Exchange Commission (SEC).The U.S. agency announced that it had formally charged the California-based firm on July 21 for conducting an unregistered initial coin offering
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The latest development in the lawsuit of the United States Securities and Exchange Commission (SEC) versus cryptocurrency exchange Coinbase comes as a date is confirmed for the two parties to voice their initial arguments. On July 24, Coinbase’s chief legal officer Paul Grewal tweeted the news of New York judge Katherine
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Worldwide traffic for the popular artificial intelligence (AI) chatbot ChatGPT has witnessed a decline from the month of May to June, suggesting a reduction in interest in the AI assistant tool developed by OpenAI. According to data estimates from the traffic analytics site Similarweb, desktop and mobile web traffic for ChatGPT
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press release PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained strong traction in Korea with over 230+ LP holders and nearly $760k in initial liquidity within just three weeks of launching its offline development efforts. According to data analysis,
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Thailand’s Securities and Exchange Commission (SEC) is preparing to soften retail investment restrictions related to initial coin offerings (ICO) to boost digital investments.The Thai securities regulator is willing to lift the limit of 300,000 baht ($8,800) for asset-backed ICOs per person, planning to allow bigger investments in real estate and
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ICOs do not deserve their bad reputation – and can be a viable way for retail investors to take part in the growth of early stage startups and expand capital access for U.S. firms, if regulation is reconsidered. Source
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Tanzania's central bank says it is still considering the introduction of a central bank digital currency (CBDC) but will be a taking "phased, cautious and risk based approach" after identifying several challenges that could impact its implementation.According to a Jan. 14 public notice from The Bank of Tanzania, since its
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Bankrupt crypto lender Voyager Digital received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion amid a national security probe Voyager is seeking to speed up.On Jan. 10, United States Bankruptcy Judge Michael Wiles allowed Voyager to enter into the asset purchase agreement and
Read MoreMuch of the current blockchain ecosystem has been built around traditional concepts. Therefore, it’s not surprising to see crowdfunding mechanisms tailored specifically for blockchain projects that resemble initial public offerings. For example, in 2017, the blockchain space witnessed the rise of initial coin offerings, and while the ICO framework quickly attracted
Read MoreElizabeth Denham, Information Commissioner, said: “This is an important step forward in addressing people’s growing mistrust of social media and online services. “We all
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