Techh.info/fintechnology hourly

  • Newsmakers

ICO

headlines texts
17.02.2019
17:58 CryptoCoinsNews.com The $232 Million ICO Debacle Continues as Tezos Community Opposes Class Action Lawsuit

Tim Draper-endorsed blockchain Tezos is the subject of a consolidated class action lawsuit brought by unsavory individuals. A group of Tezos community members believes the lawsuit is depressing the Tezos price and that the named lead plaintiff, Arman Anvari, does not adequately represent the Tezos community. Anvari has publicly agreed with this sentiment. Arman Anvari Backs Out As Lead Plaintiff The list of problems with Anvari as the chief plaintiff in any class action suit against Tezos is long. For one thing, he made multiple death threats against Tezos co-founder Kathleen Breitman. For another, he actively acknowledged in posts revealed The post The $232 Million ICO Debacle Continues as Tezos Community Opposes Class Action Lawsuit appeared first on CCN

Скрыть анонс
00:46 Yahoo.com Business Why the SEC’s ‘ICO Guide’ Paints a Dark Picture for Cryptocurrency in 2019

This week, the Securities and Exchange Commission tweeted out its guidelines for those launching and investing in ICOs, although many would say that over a year on from the peak of the cryptocurrency boom, the guidelines amount to too little, too late. That said, the document still throws up several points of contention, including a rather gloomy outlook for cryptocurrency exchanges – even decentralized ones – and at least one possible violation of the First Amendment on the part of the SEC. Cryptocurrency Promotion: A Knife’s Edge The SEC defines a security as: “A token or offering that promotes the

Скрыть анонс
00:23 CryptoCoinsNews.com Why the SEC’s ‘ICO Guide’ Paints a Dark Picture for Cryptocurrency in 2019

This week, the Securities and Exchange Commission tweeted out its guidelines for those launching and investing in ICOs, although many would say that over a year on from the peak of the cryptocurrency boom, the guidelines amount to too little, too late. That said, the document still throws up several points of contention, including a rather gloomy outlook for cryptocurrency exchanges – even decentralized ones – and at least one possible violation of the First Amendment on the part of the SEC. Cryptocurrency Promotion: A Knife’s Edge The SEC defines a security as: “A token or offering that promotes the The post Why the SEC’s ‘ICO Guide’ Paints a Dark Picture for Cryptocurrency in 2019 appeared first on CCN

Скрыть анонс
14.02.2019
23:37 TheRegister.co.uk Facebook political data probe: £2.5m. Powers for the ICO: Priceless

UK watchdog denies project distracted from day-to-day enforcement The millions spent on investigating the Facebook data harvesting scandal was worth it because it allowed the Information Commissioner's Office to secure greater powers, Elizabeth Denham has said.…

Скрыть анонс
13.02.2019
22:24 Yahoo.com Business Current ICO Market Is Bigger Тhan at the Start of 2017, Data Shows

Скрыть анонс
10.02.2019
20:57 Yahoo.com Business How We Will Remember the Year of the Dog? ICO Market Decline, Trend Toward Compliance and Other Takeaways

While there was a promising start in January 2018, when most altcoins were enjoying their all-time highs, the bear eventually took over, and the market delved into the so-called “Crypto Winter.” Nevertheless, there was good news, too: The United States regulators expressed their desire to stick to “positive regulation,” while big league investors poured some funds into a number of promising, compliant crypto projects (mostly stablecoins). Coincheck also closely followed the orders of Financial Services Agency (FSA), the domestic watchdog, and eventually secured a license to operate, becoming a fully compliant agent. The Securities and Exchange Commission (SEC) and the the Commodities and Futures Trading Commission (CFTC), America’s two main

Скрыть анонс
08.02.2019
16:23 TheFintechTimes.com ICO Jurisdiction: A New Lease for DLT in Gibraltar

Interview by Zoya Malik (TFT Managing Editor) Nick Hughes, Managing Director, Eulat Consulting works closely with fintechs globally to expand their businesses. He spoke to Zoya Malik, managing editor TFT about the strengthening of Gibraltar’s regulatory framework that is ushering market confidence in the wake of Gibraltar Stock Exchange becoming... The post ICO Jurisdiction: A New Lease for DLT in Gibraltar appeared first on The Fintech Times.

Скрыть анонс
05.02.2019
17:40 TechInvestorNews.com Google faces ICO investigation over GDPR violation claims (Graeme.Burton@incisivemedia.com(Graeme Burton)/Computing.co.uk Latest updates)

Graeme.Burton@incisivemedia.com(Graeme Burton) / Computing.co.uk Latest updatesGoogle faces ICO investigation over GDPR violation claims - Google could be fined four per cent of its $136.8 billion global annual turnover ...

Скрыть анонс
04.02.2019
22:30 CoinDesk.com BitTorrent Token Is Already Nearly 6 Times Its ICO Price

The price of BitTorrent Token (BTT) is up nearly 600 percent from its Initial Coin Offering (ICO) which took place just one week ago.

Скрыть анонс
16:16 Yahoo.com Business From Ponzi Schemes to ICO Exits, Ethereum’s Blockchain Has Been the Platform of Choice for Scammers

According to a recent report from crypto analytics specialists Chainalysis, Ethereum (ETH) has become the crypto platform of choice for scam artists. Chainalysis identified over 2,000 scam Ethereum addresses, which have managed to secure funds from nearly 40,000 unique users in the network. In the space of two years, the modus operandi of scammers seems to have changed, according to data collected by Chainalysis.

Скрыть анонс
01.02.2019
21:54 Yahoo.com Business Smart Contract Audits Firm Hosho Reduces Staff Due to Auto Tooling Boost and ICO Downturn

Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling, the firm’s co-founder and president Hartej Sawhney told Cointelegraph on Feb. 1. While stating that the company did lay off a sufficient part of the team — the exact amount unspecified — Sawhney still noted that Hosho continues to be one of the leading firms in the industry of smart contract auditing and security, specifically in penetration testing. The Hosho president explained that the staff reduction was caused by a complex set of circumstances, including the downturn in the amount of initial coin offerings (ICO), which is in part due to the major 2018 crypto bear market.

Скрыть анонс
16:49 ComputerWeekly.com ICO to audit Leave.EU and Eldon Insurance

ComputerWeekly’s best articles of the day

Скрыть анонс
16:36 TheRegister.co.uk UK's ICO slaps £120k fines on Arron Banks' insurance biz and Leave.EU campaign

Commish also promises audit for the firms' data protection practices The Leave.EU campaign and Brexiteer Arron banks' insurance biz Eldon have been fined a total of £120,000 for dodging direct marketing rules.…

Скрыть анонс
14:13 TheRegister.co.uk Got a fancy but slurpy new product? The ICO would like you to stuff it in its sandbox

UK data watchdog's plan to stay on top of Internet of S*'%t The UK's Information Commissioner's Office is on the hunt for organisations that are using personal data in "innovative" products, to help the data protection watchdog understand how to regulate it.…

Скрыть анонс
10:03 Yahoo.com Business Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban

The ban on initial coin offerings in South Korea will stay, the country’s financial regulator has said in a statement. The decision by the South Korean Financial Services Commission (FSC) follows a survey which the regulator commissioned. Among the findings of the survey include the fact that some ICO projects misrepresented themselves. For instance, some had claimed to be fundraising abroad but they went on to involve South Koreans. Dirty Tricks Employed to Evade ICO Ban According to the FSC, the projects did this by registering in Singapore in order to circumvent South Korea’s ICO ban. Some of the evidence

Скрыть анонс
09:52 CryptoCoinsNews.com Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban

The ban on initial coin offerings in South Korea will stay, the country’s financial regulator has said in a statement. The decision by the South Korean Financial Services Commission (FSC) follows a survey which the regulator commissioned. Among the findings of the survey include the fact that some ICO projects misrepresented themselves. For instance, some had claimed to be fundraising abroad but they went on to involve South Koreans. Dirty Tricks Employed to Evade ICO Ban According to the FSC, the projects did this by registering in Singapore in order to circumvent South Korea’s ICO ban. Some of the evidence The post Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban appeared first on CCN

Скрыть анонс
31.01.2019
13:32 CoinDesk.com South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules

South Korea has decided not to lift its ban on domestic initial coin offerings after a watchdog's survey found projects have been violating rules.

Скрыть анонс
30.01.2019
17:30 Yahoo.com Business Crypto Funds Morph Into Venture Capitalists Shunned in ICO Boom

Polychain Capital, which reached more than $1 billion in assets right before the 2018 market crash, just raised $175 million for a fund with a seven-year lockup period, Chief Executive Officer Olaf Carlson-Wee said. The line is being blurred in the wake of the collapse of the initial coin offering market, where startups were bypassing traditional venture funding by selling tokens directly to investors. About 125 venture funds that usually provide capital in exchange for an ownership stake were launched last year, compared with 115 hedge funds that primarily act as investors, the first time the number has exceeded the total investment partnerships in the embryonic sector, according to Crypto Fund Research.

Скрыть анонс
28.01.2019
21:27 Yahoo.com Business 100% Completed: The BitTorrent ICO is a 15-Minute Sellout

BitTorrent, acquired by Tron last year, completed an ICO today beginning at 3:00 PM UTC using Binance Launchpad. Two simultaneous sales were run for Binance Coin and Tron. Neither market lasted longer than 15 minutes, according to Binance. More BTT was available for Tron than BNB. In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds. BTT is a TRC-10 token that incentivizes improved file sharing on the network. The new system will

Скрыть анонс
21:15 CryptoCoinsNews.com 100% Completed: The BitTorrent ICO is a 15-Minute Sellout

BitTorrent, acquired by Tron last year, completed an ICO today beginning at 3:00 PM UTC using Binance Launchpad. Two simultaneous sales were run for Binance Coin and Tron. Neither market lasted longer than 15 minutes, according to Binance. More BTT was available for Tron than BNB. In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds. BTT is a TRC-10 token that incentivizes improved file sharing on the network. The new system will The post 100% Completed: The BitTorrent ICO is a 15-Minute Sellout appeared first on CCN

Скрыть анонс
15:36 CoinDesk.com Chat App Kik Says It Will Fight SEC Over Possible ICO Action

Messaging app company Kik says it will stand up to the SEC over an expected enforcement action relating to its 2017 initial coin offering

Скрыть анонс
15:15 Yahoo.com Business Social Media Platform Kik Promises to Challenge Proposed SEC Enforcement Against Its ICO

Tokenized social media startup Kik has warned United States regulators that they would fight back against a proposed enforcement action against the company, the Wall Street Journal (WSJ) reported on Jan. 27. Canada-based Kik is facing a prospective enforcement action over an alleged securities infraction, after the U.S. Securities and Exchange Commission (SEC) judged its 2017 initial coin offering (ICO) to have involved the sale of unregistered securities. In a blog post published yesterday, Kik CEO and founder Ted Livingston stated that the startup was poised to fight against the action, arguing that the crypto space as a whole must challenge the application of securities laws to emerging assets such as decentralized platform tokens.

Скрыть анонс
12:41 TheNextWeb.com Moonday Mornings: Kik preps to fight the SEC over ICO

It’s Monday Morning, you should know how this works by now. Dive in for a wrap up of the weekend’s blockchain and cryptocurrency news. 1. Peer-to-peer Bitcoin trading website, Localbitcoins.com, was accessed by an “unauthorized source” last Saturday which allowed the illegitimate third-party to send Bitcoin from a number of affected accounts, the marketplace announced on Reddit. The attacker managed to gain access to six accounts by exploiting a third-party forum feature that prompted users to sign in using their 2FA codes. Only these codes were sent to the hacker, allowing them to login to and empty the victim’s account,… This story continues at The Next Web

Скрыть анонс
25.01.2019
22:34 Yahoo.com Business New Startup From Ethereum Co-Founder Gavin Wood Plans $60 Million ICO: WSJ

Crypto startup Polkadot (DOT), created by Ethereum (ETH) co-founder Gavin Wood, is planning an initial coin offering (ICO) aiming to raise up to $60 million, the Wall Street Journal (WSJ) reported Jan. 24. Citing sources familiar with the matter, the WSJ reports that, if successful, Polkadot’s token sale would bring the fully-diluted market value — or the value all tokens in circulation, plus as those not issued — of its tokens to $1.2 billion. Developed by Swiss Web3 Foundation and Parity Technologies, Polkadot reportedly aims to solve issues with blockchain interoperability.

Скрыть анонс
18:03 ComputerWeekly.com ICO adds to guidance on ‘no-deal’ Brexit

ComputerWeekly’s best articles of the day

Скрыть анонс
15:58 CoinDesk.com Blockchain Project Polkadot Plans ICO to Raise Another $60 Million: Report

Blockchain project Polkadot is planning another ICO that would bring in $60 million, says the WSJ.

Скрыть анонс
13:24 ComputerWeekly.com Former EU data protection tsar joins ICO

ComputerWeekly’s best articles of the day

Скрыть анонс
23.01.2019
20:43 CoinDesk.com ‘Decentralized Airbnb’ Starts Charging Fees as ICO Model Falters

Airbnb competitor Bee Token, founded by alums of Uber, are pivoting in an effort to boost revenue after conducting an ICO last February.

Скрыть анонс
20.01.2019
05:00 ValueWalk.com New ICO Report – OECD Comments

The OECD released a report on Initial Coin Offerings, just ahead of the World Economic Forum. Two of the advisors who participated in building the report provided their comments on what this represents for businesses around the world. [REITs] Q3 […] The post New ICO Report – OECD Comments appeared first on ValueWalk.

Скрыть анонс
18.01.2019
23:35 CoinDesk.com How BlockEx Went From a $24 Million ICO to Layoffs in Less Than a Year

BlockEx, a London-based platform for launching and exchanging tokens, was beset by a series of setbacks that led to downsizing.

Скрыть анонс
13:53 ComputerWeekly.com Prepare for no-deal Brexit, says ICO

ComputerWeekly’s best articles of the day

Скрыть анонс
14.01.2019
14:13 TheNextWeb.com Malaysia set to impose harsh new ICO and cryptocurrency laws

The Malaysian government is regulating initial coin offerings (ICOs) and cryptocurrency trading. According to a statement issued by Lim Guan Eng, the country’s Minister of Finance, launching unauthorized ICOs or participating in the exchange of digital goods could result in a 10-year jail term and a $2,4 million (RM 10 million fine). The order, which will acknowledge digital currencies and tokens as securities, will be enforced on January 15 by the Securities Commission Malaysia. In his statement, the Finance Minister said: “The Ministry of Finance (MOF) views digital assets, as well as its underlying blockchain technologies, as having the potential… This story continues at The Next Web

Скрыть анонс
11.01.2019
23:01 Yahoo.com Business After Cancelling ICO, Crypto Startup Zwoop Filed for Administration: Report

The board of directors of cryptocurrency and e-commerce startup Zwoop reportedly filed for administration at the end of November last year. The news was revealed in an exclusive article by major United Kingdom-based newspaper The Telegraph, Jan. 11. Zwoop — reportedly founded by Italian entrepreneur Alessandro Gadotti and raised $13 million from American billionaire Robert Friedland — announced plans to launch its initial coin offering (ICO) in August last year.

Скрыть анонс
17:11 TheNextWeb.com Blockchain startup Zwoop collapses following cancellation of ICO

VC-backed cryptocurrency startup Zwoop has gone into administration. According to an exclusive report by The Telegraph’s James Cook, the company’s board of directors filed for administration at the end of November last year. As a result, employees and suppliers from all over the world have been left with unpaid wages and bills, according to sources. Zwoop, founded by Italian entrepreneur Alessandro Gadotti, raised $13 million from Robert Friedland, an American-Canadian billionaire and mining tycoon. Friedland is also the founder of Ivanhoe Capital Corporation (a key stakeholder in Zwoop) and Ivanhoe Mines, a Canadian public company listed on the New York… This story continues at The Next Web

Скрыть анонс
09.01.2019
19:41 Yahoo.com Business Britain s ICO fines Cambridge Analytica for failing to comply with order

(Reuters) - Cambridge Analytica has been fined 15,000 pounds ($19,120) for failing to comply with an enforcement notice issued in May, Britain's Information Commissioner's Office said on Wednesday.

Скрыть анонс
19:36 Reuters Britain's ICO fines Cambridge Analytica for failing to comply with order

Cambridge Analytica has been fined 15,000 pounds ($19,120) for failing to comply with an enforcement notice issued in May, Britain's Information Commissioner's Office said on Wednesday.

Скрыть анонс
17:19 Telegraph.co.uk Cambridge Analytica owner fined £21,000 for failing to obey ICO ruling

Скрыть анонс
06.01.2019
09:54 KoreaHerald.com [On the Bar] Cryptocurrency and ‘proper’ regulations for ICO

On the Bar is a regular column written by attorneys at Yoon & Yang LLC on various laws and regulations that affect runni

Скрыть анонс
02.01.2019
16:37 Yahoo.com Business Issuance of Final ICO Regulations in the Philippines Postponed by Market Regulator

Regulators in the Philippines have deferred the issuance of final rules on initial coin offerings to mid-January, the Philippine Star reports. The Securities and Exchange Commission of Philippines had been expected to issue the ICO regulations by the end of last year but this has now been postponed to an unconfirmed date. The deferment came

Скрыть анонс
16:24 CryptoCoinsNews.com Issuance of Final ICO Regulations in the Philippines Postponed by Market Regulator

Regulators in the Philippines have deferred the issuance of final rules on initial coin offerings to mid-January, the Philippine Star reports. The Securities and Exchange Commission of Philippines had been expected to issue the ICO regulations by the end of last year but this has now been postponed to an unconfirmed date. The deferment came The post Issuance of Final ICO Regulations in the Philippines Postponed by Market Regulator appeared first on CCN

Скрыть анонс
31.12.2018
15:54 VentureBeat.com The strange case of Hush: French cryptocurrency banking startup disappears after failed ICO

While France's Hush never was the biggest of crypto banking startups, its failed ICO and subsequent disappearance is a cautionary tale.

Скрыть анонс
21.12.2018
21:00 CryptoCoinsNews.com UAE Finalizing ICO and Blockchain Regulations: Mid-2019 Target

The United Arab Emirates regulatory body has approved ICO tokens as securities and a completed framework will be available in the small middle eastern country in the middle of next year, according to a report in local news outlet TheNational.ae. Not only has the Securities and Commodities Authority committed to having a full regulatory framework The post UAE Finalizing ICO and Blockchain Regulations: Mid-2019 Target appeared first on CCN

Скрыть анонс
20.12.2018
16:37 TechInvestorNews.com ICO has pumped almost £2.5m and 36 staff into its political data probe – but only 2 are techies (webmaster@theregister.co.uk (Rebecca Hill)/The Register)

webmaster@theregister.co.uk (Rebecca Hill) / The RegisterICO has pumped almost £2.5m and 36 staff into its political data probe – but only 2 are techies - Almost a third spent on outsourcing digital, legal skills The UK Information Commissioners Office has spent almost 2.5m on its probe into the use of data analytics for political purposes but has just two staff from its tech division working on the case. ...

Скрыть анонс
15:29 TheRegister.co.uk ICO has pumped almost £2.5m and 36 staff into its political data probe – but only 2 are techies

Almost a third spent on outsourcing digital, legal skills The UK Information Commissioner's Office has spent almost £2.5m on its probe into the use of data analytics for political purposes – but has just two staff from its tech division working on the case.…

Скрыть анонс
13.12.2018
22:44 Yahoo.com Business Crypto Hedge Fund Warns of Possible ICO Refunds After SEC Decision

The Menlo Park, California-based hedge fund said the projects may be at risk after the U.S. Securities and Exchange Commission’s Nov. 16 announcement that two startups that raised millions by issuing tokens to non-accredited investors didn’t comply with securities laws. One of the projects, Paragon Coin, has already announced it may have to pay back investors. Many startups -- especially those that conducted initial coin offerings last year -- didn’t register with the SEC, and also sold their tokens to regular people, instead of the more sophisticated accredited investors.

Скрыть анонс
20:38 CoinDesk.com ICO Facilitator TokenSoft Acquires Stake in Regulated Broker-Dealer

ICO facilitator TokenSoft has acquired interest in a regulated broker-dealer to provide services that were previously impossible for the firm.

Скрыть анонс
20:15 CoinDesk.com ICO Services Startup TokenSoft Acquires Stake in Regulated Broker-Dealer

ICO facilitator TokenSoft has acquired interest in a regulated broker-dealer to provide services that were previously impossible for the firm.

Скрыть анонс
18:36 ComputerWeekly.com ICO and government help UK businesses prepare for no-deal Brexit

ComputerWeekly’s best articles of the day

Скрыть анонс
00:55 CoinDesk.com Former AriseBank Execs Settle Charges in SEC ICO Fraud Lawsuit

The SEC has settled charges with AriseBank's former CEO and COO, requiring the two to pay $2.7 million in disgorgement and $187,000 in penalties.

Скрыть анонс
11.12.2018
20:48 Yahoo.com Business ICO Death March? November Inflows Fall to $65M From Yearly High of $2.6 Billion

The latest statistics on initial coin offerings suggest that the best days of the fundraising mechanism may have long passed. According to digital assets newsletter Diar, the month of November recorded the lowest inflows into initial coin offerings (ICOs) in 2018. With US$65 million raised last month, this was in sharp contrast to this year’s

Скрыть анонс
20:47 CryptoCoinsNews.com ICO Death March? November Inflows Fall to $65M From Yearly High of $2.6 Billion

The latest statistics on initial coin offerings suggest that the best days of the fundraising mechanism may have long passed. According to digital assets newsletter Diar, the month of November recorded the lowest inflows into initial coin offerings (ICOs) in 2018. With US$65 million raised last month, this was in sharp contrast to this year’s … Continued The post ICO Death March? November Inflows Fall to $65M From Yearly High of $2.6 Billion appeared first on CCN

Скрыть анонс
10.12.2018
19:20 CryptoCoinsNews.com Does the Fall of $158M Crypto ICO Show Necessity of Strict Regulation?

Recently, Sirin Labs, an initial coin offering (ICO) project that raised $158 million during the bull market of 2017, made the headlines for its controversial pivot from a hardware-based business model to supplying software to mobile phone manufacturers. According to a report released by Bloomberg, nearly a year since the ICO, the company has not … Continued The post Does the Fall of $158M Crypto ICO Show Necessity of Strict Regulation? appeared first on CCN

Скрыть анонс
09.12.2018
14:34 CryptoCoinsNews.com $80 Million ICO TenX Founder Linked to Pyramid Scheme: Report

TenX president Julian Hosp has reportedly been implicated in connection with Lyoness, an Austrian discount shopping service that has been declared an illegal pyramid scheme in Norway, Austria, and Switzerland. After a summer of Chinese whispers on the internet alleging that he was involved in Lyoness before becoming the face of TenX, a video has emerged that appears to show Hosp … Continued The post $80 Million ICO TenX Founder Linked to Pyramid Scheme: Report appeared first on CCN

Скрыть анонс
07.12.2018
21:31 CryptoCoinsNews.com French Firm Becomes Europe’s First Regulated Crypto Asset Manager Funded by an ICO

France has one of the toughest regulatory environments in Europe and the world generally when it comes to finance and specifically cryptocurrency. The country has in recent times taken a few cursory steps toward becoming a hub of ICO activity, but strict enforcement of crypto regulations is the cost of doing business in a well-connected … Continued The post French Firm Becomes Europe’s First Regulated Crypto Asset Manager Funded by an ICO appeared first on CCN

Скрыть анонс
05.12.2018
17:58 FinExtra.com The worst month for Bitcoin in seven years and ICO problems

On Saturday, December 1, the cost of Bitcoin rose to the level of $4,300. Then it dropped again: tod...

Скрыть анонс
04.12.2018
08:29 FinExtra.com Is the end of CryptoExchanges and ICO's amongst us?

With the rise of cryptocurrencies and ALT coins, fuelled by the retail madness of Initial Coin Offe

Скрыть анонс
03.12.2018
19:30 TheRegister.co.uk ICO to probe facial recog amid concerns UK cops can't shake their love for unregulated creepy tech

Plus: Boffins find kit struggles in low light, crowds The UK's data protection watchdog is investigating cops' use of facial recognition technology amid growing concerns about efficacy and ethics.…

Скрыть анонс
17:44 CryptoCoinsNews.com Monumental: Federal Court Rules Case in Favor of Crypto ICO Against SEC

Last week, the U.S. federal court ruled a case between the U.S. Securities and Exchange Commission (SEC) and a crypto initial coin offering (ICO) project called Blockvest in favor of the ICO project. Marco Santori, the president and chief legal officer at Blockchain, said: “The SEC brought an enforcement action against a company called Blockvest, … Continued The post Monumental: Federal Court Rules Case in Favor of Crypto ICO Against SEC appeared first on CCN

Скрыть анонс
04:39 CryptoCoinsNews.com FBI Arrests ‘Crypto Bank’ CEO Who Embezzled ICO Funds

Well, that escalated slowly. The CEO of “AriseBank,” who CCN previously reported as the target of an SEC injunction and civil proceedings in January, was arrested by the FBI this week without incident on charges of fraud to the tune of around $4 million, according to a press release from the Department of Justice. The … Continued The post FBI Arrests ‘Crypto Bank’ CEO Who Embezzled ICO Funds appeared first on CCN

Скрыть анонс
02:08 CryptoCoinsNews.com Singapore Central Bank Publishes Updated ICO Guidelines

The Monetary Authority of Singapore (MAS) has updated its guide for businesses that want to raise capital via initial coin offerings (ICOs). The modified draft follows up to the announcement of introducing a “New Payments Framework” made in the original draft. It elaborates the Singapore central bank’s stance on how certain intermediaries should observe its instructions … Continued The post Singapore Central Bank Publishes Updated ICO Guidelines appeared first on CCN

Скрыть анонс
02.12.2018
21:48 CryptoCoinsNews.com Japan’s Financial Regulator to Issue ICO Guidelines: Report

Citing “informed sources,” Japanese press outlet JIJI Press reports that the Japanese Financial Services Agency is soon to regulate Initial Coin Offerings. The regulation will involve investment limits “for better protecting them.” Similar to how securities tokens are required to register with the American SEC in the United States, companies which intend to issue virtual … Continued The post Japan’s Financial Regulator to Issue ICO Guidelines: Report appeared first on CCN

Скрыть анонс
03:48 CryptoCoinsNews.com This Week in Crypto: Ohio Embraces Bitcoin, Judge Hassles SEC, and DJ Khaled Fined for ICO Promotion

The last week of November was all about taxes, regulation, and SEC enforcement for Bitcoin and the wider crypto ecosystem. Major Headlines Sirin Labs Launches the FINNEY: The world’s first blockchain phone on the market, the FINNEY, launched at an event in Barcelona on Thursday. CCN’s Josiah Wilmoth was on the scene. The phone, its … Continued The post This Week in Crypto: Ohio Embraces Bitcoin, Judge Hassles SEC, and DJ Khaled Fined for ICO Promotion appeared first on CCN

Скрыть анонс
01.12.2018
00:02 BitcoinMagazine.com “Guidance by Enforcement”: How the SEC Is Slowly Shaping ICO Regulation

On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U.S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering. The judge, however, ruled that BlockVest’s token distribution, which was conducted via airdrop, was given freely and received without expectation for returns, so it didn’t constitute an investment contract. While the judge’s ruling is not a law-binding verdict, it was still a victory for BlockVest and the wider ICO industry, something that’s been a rarity for the SEC’s mounting list of token sale targets. Among other regulatory developments, 2018 has been one extended game of cat and mouse between the U.S. Securities and Exchange Commission and any number of

Скрыть анонс
30.11.2018
22:54 BitcoinMagazine.com “Enforcement by Guidance”: How the SEC Is Slowly Shaping ICO Regulation

On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U.S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering. The judge, however, ruled that BlockVest’s token distribution, which was conducted via airdrop, was given freely and received without expectation for returns, so it didn’t constitute an investment contract. While the judge’s ruling is not a law-binding verdict, it was still a victory for BlockVest and the wider ICO industry, something that’s been a rarity for the SEC’s mounting list of token sale targets. Among other regulatory developments, 2018 has been one extended game of cat and mouse between the U.S. Securities and Exchange Commission and any number of

Скрыть анонс
17:01 FinExtra.com SEC fines Floyd Mayweather and DJ Khaled over ICO promotions

The Securities and Exchange Commission today announced settled charges against professional boxer Fl...

Скрыть анонс
03:01 CryptoCoinsNews.com TKO: Floyd Mayweather, DJ Khaled Knocked out by SEC Probe into ICO Promos

Pro boxing champ Floyd Mayweather Jr. and music producer DJ Khaled agreed to pay the Securities and Exchange Commission a combined $767,500 to settle charges of illegally promoting ICOs. These are first cases the SEC has brought violations involving ICO promotion. The SEC noted that using celebrity endorsers was a crucial part of the ICO issuers’ promotional The post TKO: Floyd Mayweather, DJ Khaled Knocked out by SEC Probe into ICO Promos appeared first on CCN

Скрыть анонс
00:58 CoinDesk.com SEC Fines Floyd Mayweather, DJ Khaled for ICO Promotions

Floyd Mayweather and DJ Khaled settled charges with the SEC, which said they promoted ICOs without disclosing payments from token issuers.

Скрыть анонс
29.11.2018
23:16 BitcoinMagazine.com AriseBank CEO Charged in $4 Million Alleged ICO Scam

Jared Rice Sr., CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. Rice is accused of scamming investors out of more than $4 million through a cryptocurrency scam that promised federally insured accounts and brand-name credit cards. Earlier this year, the U.S. Securities and Exchange Commission’s (SEC’s) regional office in Fort Worth, Texas, received an emergency court order to stop AriseBank’s initial coin offering (ICO) for the cryptocurrency AriseCoin, which Rice falsely claimed had raised a whopping $600 million. According to the court filing, Rice reportedly lied to investors, saying that the bank — which he called the “first decentralized banking platform” — could offer customers

Скрыть анонс
23:16 BitcoinMagazine.com U.S. District Judge Turns Back SEC Request Regarding ICO

A new development has arisen in the U.S. Securities and Exchange Commission’s (SEC) efforts to regulate ICOs: a District Judge has turned back a request for an injunction. According to a recent legal briefing, San Diego District Judge Gonzalo Curiel has been presiding over a case between the SEC and the startup company Blockvest. On November 27, 2018, although Judge Curiel had previously “granted the SEC’s ex parte request for a temporary restraining order and froze the assets involved in the ICO,” he has now stated that the SEC couldn’t demonstrate that buyers of Blockvest’s ICO expected to receive a profit. The SEC’s regulations regarding ICOs are a tricky and largely unresolved legal area, but this case and others have explicitly cited one 1946 court case: SEC vs. W.J. Howey Co. This case first codified into

Скрыть анонс
13:24 TheRegister.co.uk Er, we have 670 staff to feed now: UK's ICO fines 100 firms that failed to pay data protection fee

Enforcing GDPR is expensive work, says watchdog More than a hundred firms have been fined for failing to pay fees that the UK's overstretched data protection watchdog needs to feather its nest.…

Скрыть анонс
28.11.2018
21:42 CryptoCoinsNews.com ICO Market is Dead: Crypto Investor Barry Silbert

The ICO market is dead, but that won’t hamper the inevitable growth of the cryptocurrency market, says Barry Silbert, the founder of crypto investment fund Digital Currency Group. Silbert said the frenzy for initial coin offerings in 2017 fueled the meteoric spike in bitcoin prices, but now the ICO market has been decimated, resulting in … Continued The post ICO Market is Dead: Crypto Investor Barry Silbert appeared first on CCN

Скрыть анонс
19:51 CryptoCoinsNews.com Judge Slaps Down SEC Attempt to Label ICO Token as Security

US District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Blockvest ICO is, in essence, not a security — or at the very least that the Securities and Exchange Commission (SEC) had failed to demonstrate that met the characteristics of a security under US law. There are three important metrics The post Judge Slaps Down SEC Attempt to Label ICO Token as Security appeared first on CCN

Скрыть анонс
09:56 CryptoCoinsNews.com Renowned Israeli Crypto Entrepreneur Moshe Hogeg Accused of Misusing ICO Funds

One of Israel’s leading entrepreneurs in the cryptocurrency field, Moshe Hogeg, is facing accusations of embezzling funds raised from two Initial Coin Offerings consequently rendering the company for which the funds were raised for insolvent. As a result, 17 individuals who claim to be shareholders of IDC Investdotcom Holdings, the company associated with Hogeg and … Continued The post Renowned Israeli Crypto Entrepreneur Moshe Hogeg Accused of Misusing ICO Funds appeared first on CCN

Скрыть анонс
27.11.2018
14:27 ComputerWeekly.com ICO fines Uber £385,000 for data protection failings

ComputerWeekly’s best articles of the day

Скрыть анонс
14:13 TheRegister.co.uk Uber fined £385k by ICO for THAT hack of 57m customers' deets

2.7 million Brits caught up in 'serious failure of data security' says UK data watchdog The UK’s data watchdog has slapped a £385,000 penalty on app-not-driving-service baddie Uber for security weak spots that attackers exploited to expose the details of millions of customers.…

Скрыть анонс
26.11.2018
08:29 CryptoCoinsNews.com North Dakota Slaps Russian ICO Passing Off as Union Bank AG with Cease and Desist

The securities commissioner of North Dakota has issued Russia’s Union Bank Payment Coin with a Cease and Desist Order. According to Karen Tyler, North Dakota’s securities commissioner, Union Bank Payment Coin promoted unregistered securities that were potentially fraudulent via an Initial Coin Offering (ICO). This came on the back of investigations done by North Dakota The post North Dakota Slaps Russian ICO Passing Off as Union Bank AG with Cease and Desist appeared first on CCN

Скрыть анонс
23.11.2018
05:06 CryptoCoinsNews.com Cash-Strapped Portuguese Football Giant Sporting Ponders ICO

Sporting Clube de Portugal (SCP), a popular Portuguese football club, is reportedly considering launching an initial coin offering (ICO) as an alternative way to raise funds, at a time in which it’s struggling to raise them through a bond issue. According to local news outlet Dinheiro Vivo, the club’s vice-president Francisco Salgado Zenha claimed the … Continued The post Cash-Strapped Portuguese Football Giant Sporting Ponders ICO appeared first on CCN

Скрыть анонс
22.11.2018
17:34 CryptoCoinsNews.com BitMEX CEO Arthur Hayes: 2019 to Be ‘Year of Reckoning’ for Major ICO Funds

In a recent newsletter, BitMEX CEO revealed research done by BitMEX which listed 12 ICOs that raised more than $50 million in ICO but have yet go live on any secondary exchanges. The tokens listed were: Telegram Filecoin DFINITY Polkadot tZero Basis Orchid Protocol Rootstock Algorand Cosmos Oasis Labs He added: These deals have massive The post BitMEX CEO Arthur Hayes: 2019 to Be ‘Year of Reckoning’ for Major ICO Funds appeared first on CCN

Скрыть анонс
14:41 ComputerWeekly.com ICO finds Metropolitan Police's Gangs Matrix seriously breaches data protection laws

ComputerWeekly’s best articles of the day

Скрыть анонс
21.11.2018
21:07 TheRegister.co.uk Facebook to appeal against ICO fine – says it's a matter of principle not to pay 18 mins' profit

Get Zucked, basically Facebook is to appeal the £500,000 fine handed down in October by the UK's Information Commissioner's Office over the data-harvesting scandal.…

Скрыть анонс
17:25 TheFintechTimes.com ICO Woe Compounded By Two Bleak Studies of 2018 Performance

Findings by two major studies published recently have highlighted the increasingly dire prospects of the once promising ICO market. EY has revealed the woeful performance of most of the cryptocurrency projects which made initial coin offerings in the last 12 months. The EY ICO report deals exclusively with “The Class... The post ICO Woe Compounded By Two Bleak Studies of 2018 Performance appeared first on The Fintech Times.

Скрыть анонс
16:43 FinExtra.com You might have missed it: Bitcoin at 15,000 USD and the market’s disappointment in ICO

Fundstrat chief analyst Tom Lee lowered his bitcoin forecast by the end of the year, a major Swiss s...

Скрыть анонс
14:25 TheRegister.co.uk Merry Christmas, you filthy directors: ICO granted powers to fine bosses for spam calls

Dodgy dialling dons' dosh due to diminish in December Company bosses will be personally liable for nuisance calls made by their firms from 17 December, and could be forced to pay up to £500,000.…

Скрыть анонс
20.11.2018
20:57 TheNextWeb.com Kodak-licensed ICO allegedly owes developers over $100K in unpaid invoices

It seems there is yet another massive internal strife brewing up in the blockchain space. KodakOne – a cryptocurrency project that promised to bring photographers a new stream of revenue – purportedly owes thousands of dollars in outstanding invoices to contractors the firm recruited to build the platform. In a series of email exchanges reviewed by Hard Fork, a group of contractors has accused KodakOne for failing to pay up their contracting fees in the agreed timeframe. The contractors are collectively seeking to receive over $125,000 in accumulated invoices, according to an email sent by a UK-based law firm on… This story continues at The Next Web

Скрыть анонс
15:22 CoinDesk.com Russian ICO That Impersonated Bank Hit With Cease-and-Desist

North Dakota has issued a cease-and-desist order against a Russia-based ICO for copying a bank's website to promote "potentially fraudulent securities."

Скрыть анонс
19.11.2018
13:03 TheNextWeb.com Moonday Mornings: The SEC has issued its first ever fines for ICO violations

There’s one thing that keeps us warm on cold days, Moonday Mornings. If you’re feeling a bit frosty this morning, here’s a wrap-up of the weekend’s cryptocurrency and blockchain news. 1. South Korean cryptocurrency exchange Zeniex is going to shut its doors and cease operations a mere five months after it launched. The company claim the decision was motivated by difficulties facing its proprietary token, ZXG. The worst part is that Zeniex might be the first of many as South Korean lawmakers look to regulate initial coin offerings (ICOs) this month. 2. One of the world’s largest cryptocurrency exchanges, Huobi,… This story continues at The Next Web

Скрыть анонс
13:01 TheRegister.co.uk Washington Post offers invalid cookie consent under EU rules – ICO

UK watchdog waves fist in paper’s general direction, asks it to stop forcing people to accept tracking The Washington Post newspaper's online subscription options don't comply with European Union data protection rules – but the UK's privacy watchdog can only issue it with a firm telling off.…

Скрыть анонс
17.11.2018
22:43 CryptoCoinsNews.com $50 Million ICO Lands Crypto Lender SALT in Hot Water with SEC: WSJ

SALT Lending, a cryptocurrency loan provider who raised tens of millions of dollars during through an initial coin offering (ICO) with support from crypto pioneer Erik Voorhees, has become the latest blockchain firm to attract the attention of US securities regulators. Crypto Loan Provider SALT under SEC Investigation The Wall Street Journal reports that the … Continued The post $50 Million ICO Lands Crypto Lender SALT in Hot Water with SEC: WSJ appeared first on CCN

Скрыть анонс
05:42 CryptoCoinsNews.com Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from July to September reduced by 48 percent compared to what was raised from April to June … Continued The post Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding appeared first on CCN

Скрыть анонс
02:00 CoinDesk.com After Friday’s SEC Actions, Experts Say ICO Party ‘Is Truly Over’

Friday's charges against Airfox and Paragon Coin may hint at how the SEC will regulate ICOs going forward.

Скрыть анонс
00:12 BitcoinMagazine.com ICO Issuers Settle Registration Charges With SEC

The U.S. Securities and Exchange Commission (SEC) has agreed to settle charges with two startups that sold tokens through Initial Coin Offerings (ICOs) in 2017. The companies were charged by the SEC for running their ICOs after the regulator clearly defined such offerings as unlicensed securities in its DAO Report of Investigation. The startups indicted by the SEC are Boston-based Airfox, which sold $15 million worth of tokens, and Paragon Coin, which raised $12 million selling tokens.  “We have made it clear that companies that issue securities through ICOs are required to comply with existing statutes and rules governing the registration of securities,” Stephanie Avakian, co-director of the SEC’s Enforcement Division, explained in a release. “These cases tell those who are considering taking similar actions that we continue to be on

Скрыть анонс
16.11.2018
22:32 FinExtra.com ICO issuers settle SEC registration charges

The Securities and Exchange Commission today announced settled charges against two companies that so...

Скрыть анонс
19:05 CoinDesk.com SEC Settles Securities Registration Charges Against 2 ICO Startups

The SEC has settled charges with crypto startups Airfox and Paragon for securities law violations.

Скрыть анонс
15.11.2018
15:14 CryptoCoinsNews.com Malaysian Lawmaker Urges Govt to Delay ICO Launch in Call for Regulation

An initial coin offering (ICO) round launched with an aim to raise funds for an opposition political movement is raising eyebrows in Malaysia. Fahmi Fadzil, Lembah Pantai MP and PKP communications director, urged the government to practice caution while going ahead with the launch of Harapan Coin. The lawmaker said there is a need for the The post Malaysian Lawmaker Urges Govt to Delay ICO Launch in Call for Regulation appeared first on CCN

Скрыть анонс
13.11.2018
09:39 CryptoCoinsNews.com Australian Celebrities See Fallout of ICO Boom: Cricket Captain Michael Clarke

A recent article by Colin Kruger in the Sydney Morning Herald profiles the story of Michael Clarke, a renowned cricket captain, and a failed ICO called Global Tech Exchange (https://gttrade.io). Global Tech was to be a cryptocurrency trading platform which had some elements of artificial intelligence and machine learning embedded in it. They were trying … Continued The post Australian Celebrities See Fallout of ICO Boom: Cricket Captain Michael Clarke appeared first on CCN

Скрыть анонс
12.11.2018
20:43 Entrepreneur.com 4 Top Reasons Your ICO Won't Get Funded in 2019

The days of the quick crypto-buck are over, but if you proceed carefully, you can still find the investment you need.

Скрыть анонс
09.11.2018
12:56 TheNextWeb.com Thailand tightens its grip on ICO regulation

Thai regulators have been tough on cryptocurrency and blockchain this year, and if they pull off their latest plan it will further tighten their grip on the industry. The Thai Securities and Exchange Commission (SEC) are preparing to launch its first regulated initial coin offering (ICO) portal later this month, according to the Bangkok Post. It appears that ICOs will be vetted on a case-by-case basis and will be added to the portal shortly after its launch, although there is no mention of a set date as yet. “At least one ICO portal will be certified in November, then we… This story continues at The Next Web

Скрыть анонс
08.11.2018
12:06 TheFintechTimes.com The King is Dead, Long Live the King! Dispatches from the Front Line of the ICO Debate

Written by Matthew Dove (Digital Editor) This year, the three most divisive letters in fintech have been I, C and O… On balance, the initial coin offering has proved the most controversial development to emerge from the advent of cryptocurrency. Given that we’re talking about an innovation which also gave rise to Mt. Gox, the Silk Road and a new breed of bank-baiting cyber anarchists, that’s no mean feat. There are stats a-plenty to suggest all is not well for the ICO. Those published by ICORating recently are particularly damning; Only 7% of ICOs from Q2 (2018) have been able to secure exchange listings 55% of all ICOs from this period failed to hit their funding target Only 15% of projects already had a working business Nonetheless, the humble initial coin offering was used to raise a staggering 8.4 billion US dollars in the second quarter of 2018 which is hardly a death rattle by anyone’s standards. As 2018 draws to a close, the jury’s still out and the

Скрыть анонс
06.11.2018
20:04 Telegraph.co.uk Facebook should disclose how political parties target people online, ICO says

Скрыть анонс
15:29 TheRegister.co.uk ICO poised to fine Leave campaign and Arron Banks’ insurance biz £135,000

Finds orgs sent marketing emails promoting each other without consent The Information Commissioner’s Office plans to slap fines totalling £135,000 on Leave.EU and Brexiteer Arron Banks’ insurance biz Eldon for “serious” breaches of direct marketing laws.…

Скрыть анонс