Category: United States

SEC Shuts Down Two Bitcoin and Ether Securities, Calls Out ‘Investor Confusion’

The U.S Securities and Exchange Commission halted two cryptocurrency-backed securities on Sunday following concerns of “market confusion” among participants. ETFs Remain a Gray Zone According to the SEC notice, XBT Provider’s Bitcoin and Ether exchange-traded notes (ETNs), Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) will be suspended of trading until Sept. 20, due to…

September 10, 2018
Top Legal Counsel for Ripple Exits Amid Continuing Security Controversy

At its concourse of dismissed class-action lawsuits grows, cryptocurrency magnate Ripple will move forward without its general counsel, Brynly Llyr. Ripple Labs came under fire earlier this year while acting as the leading global blockchain solution for enterprise transactions. Federal courts were called to investigate allegations against Ripple (XRP) as being a securities platform, which requires…

September 8, 2018
Winklevoss Brothers File Patent Detailing Innovative Cryptocurrency Storage System

The wholly-owned investment fund of Cameron and Tyler Winklevoss has filed a patent describing a secure mechanism for storing digital assets, according to a patent filing published by the U.S. Patent and Trademark Office (USPTO). Winklevoss Attempt Crypto Breakthrough Related: Winklevoss Twins Charge Ahead Despite Second Bitcoin ETF Rejection The document, titled “Systems and methods…

September 6, 2018
Coinbase Explores Launching a Crypto ETF, Consults With BlackRock

Cryptocurrency-based exchange-traded funds (ETFs) have been long-awaited by the crypto community as a catalyst for incoming institutional capital. According to a report by Business Insider, Coinbase is seeking to launch a cryptocurrency ETF. Coinbase Explores Crypto ETF San Francisco-based startup Coinbase is exploring the launch of a cryptocurrency ETF and has sought advice from the…

September 6, 2018
How LifeID Will Introduce Self-Sovereign Identity to the Globe [INTERVIEW]

Since the internet’s inception, users have given away personal information to websites without realizing that it could be kept in centralized storage and monetized without their consent. Democratizing Identity Layer Solutions Seattle-based LifeID is aiming to disrupt online identity by enabling individual users and blockchain networks to take ownership of their digital identities through a…

September 5, 2018
So You Did a Token Sale – Now What?

2017 and 2018 have been phenomenal years for the blockchain ecosystem and digital technology industry. Over $12 billion worth of value has been given to support various blockchain and cryptocurrency projects globally through token crowdsales and thousands of new blockchain companies have been created due to the boom in the industry. For a blockchain company…

September 4, 2018
Dread Pirate Roberts Whale Wallet Activity Hints Toward $800 million Bitcoin Market Dump

Almost $800 million worth of Bitcoin and Bitcoin Cash has been withdrawn from wallets associated with defunct cryptocurrency “black market” Silk Road marketplace and linked to Silk Road owner Ross “Dread Pirate Roberts” Ulbricht, signaling a potential large-scale Bitcoin market dump. The Silk Road-related cryptocurrency wallet activity, first observed by cryptocurrency community members on Aug.…

September 3, 2018
A Deeper Look at How Bakkt’s Cryptocurrency Initiatives Can Benefit Millennials

In the past decade, gradual efforts have led to a huge increase in marketing use of digital assets. By far the biggest challenge, aside from the latent nature of bypassing traditional currency options, has been the elusive sense of security. The Intercontinental Exchange (ICE) is changing that. Related: NYSE Parent Company Brings Bitcoin Futures and Starbucks…

September 1, 2018
Former US Head of Intelligence Shows Interest in Blockchain

In the past several months, the popularity of blockchain technology has soared to unprecedented levels and is beginning to garner attention from more than just tech enthusiasts, with some of the most influential members of society discussing the technology for a range of industries. That said, we’ve now reached the stage where politicians are expressing…

August 31, 2018
US Regulators Give Update on Crypto Crackdown

Since the ICO fervor of 2017, regulators worldwide have increased scrutiny on emerging cryptocurrency projects and investment schemes. On Aug. 28, U.S. regulators released an update on their coordinated cryptocurrency crackdown. NASAA Updates ‘Operation Cryptosweep’ The North American Securities Administration Association (NASAA) updated its progress on initial coin offering- (ICO) and cryptocurrency-related investment product investigations,…

August 29, 2018