Category: News

The SEC

U.S SEC. Penalizes Crypto Hedge Fund for Violating Securities Law

In a first disciplinary action against a crypto hedge fund, the U.S Securities and Exchange Commission (SEC) has issued a cease-and-desist order and a $200,000 fine on Crypto Asset Management (CAM) and its founder for misrepresenting itself, according to a...

/ September 13, 2018 / 0 Comments
Cryptocurrency

Crypto Not Going Anywhere: 70% of Finance Executives think it’s Here for Good

Is cryptocurrency here to stay? Many financial experts seem to think so. According to a new report, roughly 70 percent of executives in the finance industry think digital assets have left a permanent mark on the monetary space. A Little...

/ September 13, 2018 / 1 Comment
Gemini Dollar

Winklevoss Twins Gemini Trust: Unveils New Regulated Cryptocurrency Pegged To Us Dollar

Gemini Trust Company, the cryptocurrency exchange owned by billionaire twins Tyler and Cameron Winklevoss yesterday unveiled the Gemini dollar, the world's first regulated stablecoin designed to enable users to send and receive US dollars on the Ethereum blockchain. At a...

/ September 12, 2018 / 0 Comments
OKEx Founder

Founder of OKEx in Police Custody Over Fraud Allegations

CEO and founder of Chinese cryptocurrency exchanges OKCoin and OKEx, Xu Mingxing is in police custody while facing allegations of fraud over what one source describes as a “little-known currency.” Mingxing – also known as Star Xu – is said...

/ September 12, 2018 / 0 Comments
Pundi X

Pundi X CEO Sees Blockchain as Solution for Bankless Masses

For most people in the developed world, the idea of being unable to use a bank is far-fetched. In the developing world, things are very different. Pundi X was founded on the idea that people who don't have enough money...

/ September 11, 2018 / 0 Comments
Vitalik Buterin

Vitalik Buterin: Current Crypto Adoption Running Out of Steam, Need New Vectors for Growth

In an interview that appeared on Bloomberg, Ethereum co-creator Vitalik Buterin made a shocking suggestion about where cryptocurrency is going in terms of adoption. Specifically, he said that the current avenues of growth and adoption have already passed their peak...

/ September 11, 2018 / 0 Comments
The SEC

SEC Halts Trading of Two Crypto Tracking Products, Citing Market Confusion

The Securities and Exchange Commission (SEC) has suspended the trading of two cryptocurrency tracking products, the Bitcoin Tracker One and the Ether Tracker One, citing market confusion over whether they are exchange-traded funds (ETFs) as its reason. Both items are traded...

/ September 11, 2018 / 0 Comments
Enjin Wallet

Enjin Coin Updates Wallet: Prepares for Mass Adoption with ERC-1155 & ERC-721 Tokens

Enjin has upgraded its Enjin Smart Wallet, adding ERC-721 and ERC-1155 token support as part of the project's ongoing push to revolutionize the decentralized gaming industry. The new Enjin Smart Wallet update retains the wallet's ability to hold more than...

/ September 11, 2018 / 0 Comments
Terrorism Cash Crypto

Terrorists Prefer Cash to Cryptocurrency: Congressional Hearing Reveals

The U.S. Subcommittee on Terrorism and Illicit Finance, met, September 7, 2018, to examine the numerous methods used by major terror groups to generate and move funds to support their activities and organizations. Commencing talks at the hearing was Subcommittee Chairman,...

/ September 10, 2018 / 0 Comments
Humaniq Africa Research

How to Spread Cryptocurrency in African Countries: the Humaniq Experiment

Traditional financial behaviour in Africa stems from very different institutional logics of financial management to those in mature markets. However, despite the growth of FinTech, there has been very little research into financial behaviour in this context. This is why...

/ September 10, 2018 / 0 Comments