In Bear Market, Korea’s Biggest Crypto Project ICON Showed Solid Progress
A goodbye note from Deblock’s now-former Head of Research revealed the progress of their ICON blockchain project in all these months. And they looked extremely positive. As he left the company to pursue his startup, Markus Jun noted ICON as one of the very few blockchain projects that showed significant accomplishments despite staying inside a […]
Kik Begins Rollout of Crypto Ecosystem with Kin Tipping Feature
The Kin Foundation has begun rolling out its plans to build a cryptocurrency ecosystem to power its messenger platform, starting with a new tipping feature. Kik, the popular messenger app for iPhone and Android, revealed today a new tipping feature that uses the company’s native Kin cryptocurrency token, reports The Next Web. The feature will […]
What Does Floyd Mayweather’s Crypto ICO Settlement with the SEC Imply?
Boxing champion Floyd Mayweather Jr. and music producer DJ Khalid have both settled charges with the U.S. Securities and Exchange Commission (SEC) for failing to disclose that they were paid to promote initial coin offering (ICO) projects to the public. The charges against the two celebrities came about after they both used various social media outlets to […]
ICOs Yet to Liquidate All of Their Ethereum, Could Another Drop be Imminent?
There is still a lot of Ethereum tied up in ICO projects and the fear is that a mass liquidation could send the token back below three figures in price or, even worse, to early 2017 levels. ETH Back to The Stone Age? Ethereum is already in a world of pain, falling to an 18 […]
Facebook Is Developing a Cryptocurrency for WhatsApp Transfers
Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market in India, according to people familiar with the matter. The company is developing a stablecoin — a type of digital currency pegged to the U.S. dollar — to minimize volatility, […]
Social Reality Announces CFO Transition
Social Reality, Inc., a digital marketing and consumer data management technology company, reported J.P. Hannan will step down from his role as Chief Financial Officer. Mr. Hannan will continue to work for the Company during a yet to be determined transitional period. After Mr. Hannan’s last day of employment, Christopher Miglino, the Company’s president and […]
DJ Khaled and Floyd Mayweather Jr. Charged With Unlawfully Touting Coin Offerings
The Securities and Exchange Commission today announced settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These are the SEC’s first cases to charge touting violations involving ICOs. The SEC’s orders found […]
Colorado Division of Securities Has Filed Twenty Cases Against Allegedly Fraudulent ICOs
Colorado Securities Commissioner Gerald Rome has now signed orders for eighteen initial coin offerings directing the cessation of offering these unregistered securities in the state of Colorado. There are at least two more orders pending. The orders are the result of investigations by an “ICO Task Force” convened within the Division, part of the Department […]
First ICO Fraud Case Ends in Guilty Plea
The first fraud prosecution involving initial coin offerings ended in a guilty plea when a New York man admitted lying to about 1,000 investors. Maksim Zaslavskiy, 39, told a judge he sought to raise money for two ICOs backed by investments in real estate and diamonds that didn’t exist — a scam the U.S. called an […]
Colorado Division of Securities Continues ICO Crackdown with Four More Cease and Desist Orders
Colorado Securities Commissioner Gerald Rome has now signed orders for twelve initial coin offerings directing the cessation of unregistered securities in the state of Colorado. The orders are the result of investigations by an “ICO Task Force” convened within the Division, part of the Department of Regulatory Agencies (DORA), in May of this year to […]
