Crypto ICO Metronome Raises $12 Million in Unconventional Auction
An initial coin offering for Metronome let the market find its price with a reverse auction that sold 8 million tokens.
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Top Spanish Soccer Club Will Offer Crypto Fan Tokens
news Atlético de Madrid, a Spanish football (soccer) team, has partnered with Chiliz, a sports blockchain, to create Fan Tokens, a platform that will give fans special access to team merchandise, information, and experiences. The team “finished 4th in UEFA’s Club Coefficients rankings for 2019” according to a release and will join other football teams…

Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
Mar 12, 2020 at 16:05 UTCCleaner sweeping the floor after the Wall Street stock market crash of 1929. Source: Wikimedia CommonsBitcoin (BTC) suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies. This came despite a new…

MakerDAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack
Oct 30, 2020 at 19:22 UTCThe Maker DAO community is voting Friday on a proposal to change its governance system to harden it against flash loan attacks.This proposal comes after the team from BProtocol flash borrowed $7 million worth of MKR tokens from derivatives platform dYdX to swing a vote on Maker in their own…

Canadian Watchdog Says It Doesn’t Regulate QuadrigaCX Exchange
news The securities watchdog in the Canadian province of British Columbia has said that it has no remit to regulate troubled crypto exchange QuadrigaCX, which owes customers millions of dollars said to be frozen on an encrypted laptop. According to Reuters, the British Columbia Securities Commission (BCSC) spokesman Brian Kladko said Thursday that, as Vancouver,…

Hacker Stole 1,000 Traders’ Personal Data From Crypto Tax Reporting Service
Aug 24, 2020 at 21:15 UTCUpdated Aug 24, 2020 at 21:22 UTCIRS, modified by CoinDeskHacker Stole 1,000 Traders’ Personal Data From Crypto Tax Reporting ServiceA hacker has stolen data on more than 1,000 users from CryptoTrader.Tax, an online service used to calculate and file taxes on cryptocurrency trades. The hacker broke into a CryptoTrader.Tax marketing…

US Lawmakers Ask SEC to Clarify ICO Regulations
NEWS Sep 28, 2018 at 16:55 UTC A group of U.S. lawmakers are asking Securities and Exchange Commission (SEC) chairman Jay Clayton to clarify when initial coin offerings (ICOs) are considered securities sales. In the letter, Representatives Ted Budd, Warren Davidson, Tom Emmer and Darren Soto, along with 11 co-signers, request that Clayton clarify how…

Neo Price Bleeds 40% to End August as Worst-Performing Big Crypto
NEO's dismal performance in August has likely strengthened the already strong bear grip on its market. Down 39.6 percent month-on-month in August, it is the biggest loser among the top 25 cryptocurrencies by market capitalization, according to CoinMarketCap and analysis by CoinDesk. Throughout the month, the world's 14th largest cryptocurrency has moved in tandem with…

Fold App Enables Bitcoin Lightning Payments at Whole Foods, Starbucks
news Fold, a payments platform, is introducing a lightning network protocol that will allegedly enable users to shop in-store or online at several retailers, including Starbucks, Whole Foods, AMC, Home Depot, and Southwest Airlines. Though customers will transact in bitcoin, the payments will be settled in whatever currency the merchant chooses. This eliminates the risk…