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Prometheum "may have provided false testimony to Congress or violated U.S. securities laws," the open letter began. The lawmaker said Prometheum CEO Aaron Kaplan told Congress that it developed its own blockchain platform independently starting in December 2019. However, in SEC filings filed through 2021, Prometheum said it depended on
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The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel. Source
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Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy on the U.S. Economy and Bitcoin Billionaire Thomas Peterffy shared his outlook for bitcoin and the
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New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests in crypto projects.The bill drafted by Sen. Thomas, Senate Bill S8839, calls for defining, penalizing
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Four elements are essential for a metaverse world to take root and thrive, experts say: immersive realism, access and identity, interoperability and scalability. Achieving them without altering the laws of physics requires complex technology and financial tradeoffs. Take a quick spin through a few emerging metaverses and it will be
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by Thomas Carter Blockchain technology saw exponential growth in 2019, unprecedented adoption and interest by governments and institutions around the world validating its utility. But here’s where things get really interesting from an investor’s perspective. 2020 is indeed shaping up to be the tipping point towards the widespread adoption of blockchain and
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