Telegram is one of the companies that saw its token sale being investigated by the SEC. It now seems both parties have come to an agreement to settle this matter once and for all. The SEC has been on Telegram’s case for some time now. SEC – Telegram Spat is […]
Tag: SEC
Bitcoin Mining Manufacturer Ebang Eyes a $100 Million IPO
Bitcoin mining firms are expected to take a blow due to the global coronavirus crisis. In the case of Ebang, that may not necessarily be the case, as an IPO has been filed with the SEC. It is commendable to see Bitcoin mining firms look toward the future during these […]
Another Bitcoin ETF Proposal Gets Rejected by the SEC
Launching a Bitcoin ETF has always seemed like a distant dream. The Wilshire Phoenix Bitcoin ETF proposal is the latest to be rejected by the SEC. Most people readily agree that the SEC will never approve such a trading vehicle. No one Really Needs a Bitcoin ETF The lack of […]
Enigma is the Latest ICO to get Punished by the SEC
A lot of ICO projects have come under SEC scrutiny since 2017. The latest to get scrutinized is Enigma, a company raising roughly $45 million. Most initial coin offerings will be scrutinized sooner or later. Another ICO Gets Punished Virtually all of them raised money by selling unregistered securities. Such […]
The SEC Isn’t Done With Telegram’s “Unregistered Securities” Sale Just yet
There have been several rumors regarding Telegram’s token sale. The SEC is convinced this was done illegally, albeit the hard evidence isn’t entirely there. This battle between Telegram and the SEC has been going on for a while. The SEC – Telegram Dispute Continues The social messaging giant aimed to […]
Bitwise Withdraws its Bitcoin ETF Proposal to “Protect Investors”
Many people still have high hopes for a Bitcoin ETF. As more time progresses, those chances have become slimmer altogether. Even Bitwise is now withdrawing its application, albeit temporarily. Still no Bitcoin ETF in Sight The company cites “being consistent with public interest and protection of investors” as the main […]
Bitwise Writes the SEC to Push its Bitcoin ETF Through
The concept of a Bitcoin ETF has been dead in the water for years. Despite another rejection looming on the horizon, Bitwise is not giving up on this idea just yet. It is not the first time that the company wants to explore a Bitcoin ETF. Bitwise Wants its Bitcoin […]
Blockchain of Things Settles SEC Charges by Refunding Investors
It does not happen often that the SEC settles with an ICO company. In the case of Blockchain of Things, it seems everything has been reconciled, of sorts. According to a press release, Blockchain of Things has been subject to an SEC investigation. The SEC Wants to Educate This is […]
The SEC Prevents Telegram From Issuing TON Tokens to US Investors
The SEC continues to crack down on any token offerings or initial coin offerings which may violate securities laws. The latest victim in this crusade is Telegram Group Inc. Their TON tokens raised US$1.7bn in funding, although the SEC is now considered about this development. Given how these tokens would […]
Thai Bitcoin Trading Platform Won’t Renew its Digital Asset Exchange License
Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. It is unclear why this […]
Move to Switzerland! The Aftermath of SEC Actions on Crypto Companies
It may have taken its time to get into the gist of the crypto industry, but its all in now. The U.S Securities and Exchanges Commission has always made its presence known. It has warned severally that some cryptos qualify as securities and should abide by the relevant law. However, […]
AriseBank CEO Pleads Guilty to Scamming $4.2 Million From His Clients
The CEO of AriseBank has pleaded guilty to scamming $4.2 million from hundreds of investors. Jared Rice Sr. was initially looking at over 120 years behind bars for all the charges he faced. However, according to a report by Dallas News, he only faces 20 years for one count of securities […]
Bitcoin Price Watch: Is 2019 Already Off to the Right Start?
At press time, the father of cryptocurrency has experienced a $100 spike since our previous price article and is now trading for well over $3,800. Is this a fluke of sorts, or is this some sort of sign that things are already getting better in the new year? 2018 has […]
Bitcoin Price Watch: A Final Look Back at 2018
At press time, bitcoin is trading for just over $3,700. While the currency has managed to keep up a small bit of momentum in the past seven days to stay above $3,600, the currency has failed to meet the expectations of most die-hard investors and enthusiasts. This will be our […]
Bitcoin ETF – What Is It Exactly and Why Would It Boost Cryptocurrencies?
You have likely heard plenty of news about ETFs and what they can do for the lackluster condition of the cryptocurrency market today. Investors think a Bitcoin ETF will save the day while others believe it is just another step on the ladder to becoming a “legitimate” asset that people […]
Bitcoin Hits $3,550 as Report Finds Binance and Bitfinex the Only Non-Inflated Exchanges
Global crypto exchange king Binance and the controversial Bitfinex are the only two exchanges in the top 25 not wash trading their Bitcoin trading volumes. This is according to a report by the Blockchain Transparency Institute. The report unearthed massive volume manipulation and misrepresentation on major exchanges including OKEx, CoinBene, […]
Bitcoin Price Watch: Currency Again Slinks Below $4,000
At press time, bitcoin is off to a poor start in December having slunk down below the $4,000 line once again. Presently, the father of crypto is trading for just over $3,800, marking a nasty $300 fall since our previous price piece. The situation is giving rise to many questions: […]
Bitcoin Price Watch: New Lows for Everyone’s Favorite Cryptocurrency
Bitcoin is in very bad shape. There’s no sugarcoating the facts. After falling to $5,500 a few days ago, the weekend took a nasty toll on the cryptocurrency’s price and bitcoin is now trading for under $5,000. The news is quite shocking. The father of crypto has fallen into the […]