Cryptocurrency Analysis and News Portal
The U.S. Securities Exchange Commission charged Jonathan Lucas, 27, the CEO of online adult entertainment marketplace, with running a fraudulent initial coin offering (ICO) scheme. According to the SEC’s lawsuit, the company claimed that investors could purchase its token
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ConsenSys-backed identity management protocol uPort has entered a partnership with Onfido and PwC to develop blockchain-based identity management in the financial services sector in the United Kingdom. In a Sept. 23 announcement, Ethereum-based digital identity platform uPort said that it was partnering with ID management firm Onfido and Big Four
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With Bakkt trading 29 Bitcoin Futures contracts as of writing, experts say that Bakkt will see a gradual scale-up and incremental demand due to its nature of physical delivery.Earlier today, Bakkt announced the live trading for its much-awaited Bitcoin Futures contracts. Bakkt Bitcoin Futures Contracts come with daily and monthly
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Blockchain startup Modex announced the launch of its blockchain-based database platform for simplified blockchain deployment, which will be piloted by Dietsmann, a major oil and gas firm.Simplifying blockchain adoption On Sept. 19, Modex announced the release of its latest product, the Modex Blockchain Database platform (Modex BCDB) which simplifies the
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Bakkt’s physically settled Bitcoin (BTC) futures trading is now live for trading on the Intercontinental Exchange (ICE).New option for tradersAs of 8 PM EST on Sept. 22 (00:00 UTC Sept. 23), Bakkt’s much-anticipated BTC futures trading has launched. The platform is the first of its kind to receive approval
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According to a press release on September 18, the U.S. SEC has taken legal actions against a blockchain and crypto company called ICOBox and its founder Nikolay Evdokimov for illegally distributing $14 million worth of the company’s digital token and operating as an unregistered broker for other digital asset offerings.The
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The United States Securities and Exchange Commission (SEC) has sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal securities offering and for acting as unregistered brokers.SEC says ICOBox’s digital tokens are worthlessIn a press release on Sept. 18, the SEC claimed that ICOBox and Evdokimov sold the
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Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, CryptoX Japan reports.FSA approval receivedFollowing regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today.In accordance with previous announcement, Bitmax will initially
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Blockchain-based employment platform Opolis has announced that it received a developer grant from MakerDAO, the creator of stablecoin DAI.MakerDAO will bring DAI payment integrations to OpolisOn Sept. 17, in a press release shared with CryptoX, freelance platform Opolis and MakerDAO announced that they will bring stablecoin DAI to Opolis’
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American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network
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