September 2019 | Page 37 of 145 | Last Cryptocurrency News Feed

SEC Charges Adult Entertainment Token Platform With 2017 ICO Fraud

news 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 and use them to request certain actions in a live adult performance on the platform.…

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Kik Messaging App to Shut Down Following SEC Lawsuit Against ICO

news Following reports its crypto-focused subsidiary Kin had laid off 70 employees, Kik Interactive CEO Ted Livingston announced Monday that Kik will also be shutting down its core messaging service. Speaking with CoinDesk, and in a company blog post, Livingston said the ongoing dispute with the U.S. Securities and Exchange Commission (SEC) has forced Kik…

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Bakkt’s Bitcoin Futures Already Open to Retail Investors, COO Says

news Well, that was a bit anticlimactic. After two years of work and more than a year of hype and regulatory delays, the Bakkt bitcoin futures market had a lackluster first day of trading. When the session closed at 22:00 UTC Monday, only two daily futures contracts and 71 monthly futures contracts had traded on the new…

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Crypto Startup Sues Exchange Group for $500 Million Over Soured Deal

news Canadian startup Paycase Global Corp. is suing TMX Group, for breach of contract after the operator of the Toronto Stock Exchange terminated their deal to create cryptocurrency-related products and services. Paycase is claiming loss of revenue, loss of opportunity and loss of reputation and is demanding $500 million for damages and that TMX resumes…

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Cisco Partners With SingularityNET on Decentralized Artificial Intelligence

Decentralized artificial intelligence (AI) firm SingularityNET and tech conglomerate Cisco have partnered to develop applied artificial general intelligence (AGI) technologies.AGI is one aspect of AI technology that concentrates on learning the intellectual tasks of which humans are capable. Sometimes referred to as “Strong AI,” AGI emphasizes a machine’s ability to reason in uncertain situations, solve…

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Bakkt Trades 71 Bitcoin Futures Contracts in First 24 Hours

Intercontinental Exchange’s (ICE) Bakkt platform has traded 71 Bitcoin (BTC) futures contracts in the first 24 hours following its launch on Sept. 22.According to ICE historical data on Bakkt’s Bitcoin/USD futures contract trading, the platform has traded 71 BTC at press time, with the last recorded trading price settling at $9,875 per Bitcoin.Bakkt Bitcoin (USD)…

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Kik Shutting Down Popular Messaging App Due to ICO Legal Battle

Disclaimer: This report previously stated that Kik was only considering shutting down its app and has been updated following new information from Kik.The Canadian social media and messaging app company Kik is considering shutting down its popular Kik messaging app.70 reported layoffs at Kin subsidiary In a Sept. 23 article, Israeli tech publication CTech Calcalistit cites…

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Bakkt COO Opens Door to Retail Investors in Newly Launched Bitcoin Futures

news Well, that was a bit anticlimactic. After two years of work and more than a year of hype and regulatory delays, the Bakkt bitcoin futures market had a lackluster first day of trading. When the session closed at 22:00 UTC Monday, only two daily futures contracts and 71 monthly futures contracts had traded on the new…

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Report: Kik Considers Shutting Down Popular Messaging App

The Canadian social media and messaging app company Kik is reportedly considering shutting down its popular Kik messaging app.70 reported layoffs at Kin subsidiary In a Sept. 23 article, Israeli tech publication CTech Calcalistit cites two anonymous sources at Kik, claiming that the Canada-based firm is considering closing down its messaging app. 70 employees have reportedly received…

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EOS’ First Hard Fork Successfully Completed

EOS, the seventh-largest cryptocurrency by market capitalization, performed its first hard fork on Monday.The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers (BP) signaled their intent to implement the update.According to the website, this is the largest upgrade that the network has seen so far, and the…