The U.S. Securities and Exchange Commission charged CG Blockchain Inc., BCT In. SEZC and their operators Boaz Manor and Edith Pardo with fraud, alleging he raised $30 million through an initial coin offering (ICO). The SEC alleged in a press release Friday that Manor hid a past criminal conviction by working under an assumed name, […]
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The decentralized finance (DeFi) boom of 2019, leading to over $785 million in locked crypto assets, is already making accountants dizzy. If you lock up bitcoin or ether in exchange for a synthetic asset or a stablecoin, as nearly a dozen projects and platforms today allow, is that a trade or merely a temporary reorganizing […]
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The Libra Association announced Thursday it had formed a technical steering committee to coordinate the design of the Libra platform. The new committee, composed of Anchorage co-founder Diogo Monica, Calibra core product lead George Cabrera III, Bison Trails founder Joe Lallouz, Union Square Ventures partner Nick Grossman and Mercy Corps emerging technology director Ric Shreves, […]
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The new owner of the Chrysler Building is selling a property worth $135 million to a blockchain real-estate company, taking a fifth of the purchase price in tokenized securities. New York-based RFR Holdings, which purchased the Chrysler Building in a joint agreement in March 2019, agreed to sell its majority stake in a commercial property […]
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The Crypto Ratings Council (CRC), the Coinbase-led organization hoping to create a standard for assessing whether different cryptocurrencies are securities under U.S. law, is adding new members. The group announced Thursday that eToro, Radar and OKCoin US have joined the aspiring industry group looking to streamline how exchanges assess whether a cryptocurrency is a security. […]
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The bitcoin market is telling a tale of bullish exhaustion with indecisive price action following a rise to the highest point since November. The top cryptocurrency witnessed two-way business on Wednesday. Prices rose from lows near $8,550 seen during the Asian trading hours to a two-month high of $8,903, only to end the day (UTC) […]
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The for-profit entity working on Zcash has published a software development kit (SDK) for both Android and iOS. According to a blog post Wednesday, the Electric Coin Company (ECC) has published an improved Android SDK and new iOS package to help developers support shielded payments on mobile devices. The new software tools come alongside a […]
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The Sacramento Kings will auction off starting guard Buddy Hield’s jersey from Wednesday’s game against the Dallas Mavericks using a blockchain-powered marketplace. Working with ethereum project incubator ConsenSys, the Kings said Wednesday it would be live-auctioning team memorabilia using an ethereum-based platform operated by Treum, a supply-chain product. The platform will be used to verify […]
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The Enterprise Ethereum Alliance (EEA), the standards group where finance and other industries explore private versions of ethereum technology, has launched a testing ground to bring about certified, branded and harmonized business uses by the end of 2020. The EEA TestNet will operate as a pre-certification sandbox, where forks of ethereum can be standardized according […]
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The United Nations is warning about the risks of attending North Korea’s cryptocurrency conference in February. Reuters reports Wednesday that going to the event would probably be a violation of international sanctions, according to a confidential report soon to be put before the U.N. Security Council. The news comes after ethereum developer Virgil Griffith was […]
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