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Court rules Kik’s 2017 ICO violated U.S. securities laws
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. U.S. District Judge Alvin Kellerstein has sided with the U.S. Securities and Exchange Commission (SEC), ruling that the Canadian technology firm Kik’s $100 million initial coin offering (ICO) violated federal securities laws.On September…
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Former congressman Ron Paul: Bitcoin is money and should be taxed the same
Former congressman Ron Paul believes Bitcoin should be regulated and taxed the same as money. 2988 Total views 4 Total shares Former presidential candidate and congressman Ron Paul has renewed calls for Bitcoin to be legalized as money and not taxed. Paul is a staunch libertarian and author of the Bitcoiner favorite “End the Fed,”…
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Swiss Crypto Exchange Lykke Launches Contest to Fund Tech Against COVID-19
Lykke’s new contest looks to give money to developers to pursue new tech proposals that promise to aid the economic recovery in the wake of COVID-19. 745 Total views 43 Total shares As announced on May 19, Swiss cryptocurrency exchange Lykke will be offering four prizes totalling 200,000 Swiss Francs ($205,800) as part of the…
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Bitcoin refuses to ‘die’ as BTC price hits $40K just three days after crash
Bitcoin (BTC) surged higher on Jan. 14, reaching $40,000 on Coinbase amid fresh evidence of new large buys on exchanges.BTC/USD weekly price candles (Coinbase). Source: TradingviewBTC price adds $10,000 in 3 daysData from Cointelegraph Markets and TradingView tracked BTC/USD as the pair delivered even more bullish surprises during Thursday trading, adding over 17% in 24 hours.The uptick…
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Price analysis 2/14: BTC, ETH, BNB, XRP, ADA, SOL, LUNA, DOGE, AVAX, DOT
Bitcoin (BTC) is attempting to form a higher low as investors take advantage of lower levels to accumulate. Twitter user PlanC recently highlighted that the balance of addresses having at least two significant incoming transactions but no outgoing transactions has soared to a 57-month high.However, not everyone is bullish on the future prospects of Bitcoin.…
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Bahrain central bank licenses Sharia-compliant crypto exchange
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.The newly acquired “Crypto Assets Services Company License” allows CoinMENA to operate…
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Goldman Sachs to utilize JPM Coin for repo trades
JPMorgan is using blockchain to drive efficiency in the repo market; Goldman and others are taking notice. Goldman Sachs is reportedly one of several financial institutions to sign on to JPMorgan’s custom blockchain service — a sign that more broker-dealers were looking to take advantage of digital currencies for their repo operations.In an interview with…
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CoinMarketCap to Remove Exchanges From Calculations If They Don’t Provide Mandatory Data
Crypto market cap tracker CoinMarketCap (CMC) will remove exchanges from its calculations if they fail to provide mandatory data by June, the firm wrote in its sixth anniversary blog post on May 1.CoinMarketCap, a major source of data about all traded digital currencies, has made a series of announcements to celebrate its sixth birthday today.As…