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SEC Investigating Crypto Company Salt’s $50M Sale
Salt Lending Holdings Inc. , a lender that uses cryptocurrencies as collateral, is under investigation by the Securities and Exchange Commission (SEC) for a roughly $50 million dollar ICO it held in August 2017. дальше »
2018-11-18 02:00 | |
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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. дальше »
2018-11-17 00:07 | |
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Trader Jailed and Fined Over $1 Million for Bitcoin and Litecoin Fraud Scheme
The U. S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors. дальше »
2018-11-13 22:55 | |
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Square Generates $43 Million in Bitcoin Revenue in Q3, Profits Reach $500,000
Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue. Square Shows Steady Continued Growth in Bitcoin Revenue According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million in adjusted net revenue – beating FactSet. дальше »
2018-11-10 01:00 | |
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Bitfury Raises $80 Million from Korelya, Macquarie, Mike Novogratz
Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc. дальше »
2018-11-7 03:00 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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Bitfury Crypto Mining Company Secures $80 Million Led by Korelya Capital and Galaxy Digital
Bitfury Has Just Closed an $80 Million Dollars Funding Round The popular cryptocurrency mining tech firm Bitfury has recently closed an $80 funding round that was led by the venture capital firm known as Korelya Capital. дальше »
2018-11-6 20:43 | |
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SEC’s End-of-Fiscal-Year Report Reveals Heavy Action Against ICO-Related Fraud
The U. S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases. дальше »
2018-11-3 00:33 | |
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Africa Dominates Trade Volume on P2P Bitcoin Exchange Paxful
Paxful Inc. , a peer-to-peer bitcoin exchange, is seeing significant growth in Africa. The U. S. -based company said Africans now accounted for the largest number of people buying and selling cryptocurrency on its platform, with average monthly transactions totaling $64. дальше »
2018-11-2 05:45 | |
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Circle’s Stablecoin Draws Most Early Demand
USDC, the stablecoin supported by a consortium that includes Circle Internet Financial Ltd. and Coinbase Inc. has seen more demand than any other recently launched dollar-backed cryptocurrency, including the Gemini Dollar, with a total of $127. дальше »
2018-10-31 17:00 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Ripple Labs Sold $400 Million Worth of XRP This Year
Ripple Labs Inc. has today announced they sold another $163 million worth of XRP in the third quarter of 2018, bringing the total to $400 million for the year. “In... The post Ripple Labs Sold $400 Million Worth of XRP This Year appeared first on Trustnodes. дальше »
2018-10-26 14:21 | |
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Crypto Social Network Minds Raises US$6M From Overstock.com Blockchain Subsidiary
Minds, Inc. , a crypto social network, has raised US$6 million in a Series A investment from Medici Ventures, the wholly-owned blockchain subsidiary of Overstock. com. Overstock. com’s founder and CEO Patrick Byrne has joined Minds’ board of directors. дальше »
2018-10-24 22:18 | |
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A $16 Million New York Mansion Owned by a Hedge Fund Manager Is up for Sale in Bitcoin
Finding accommodation in New York may not be easy, but if someone is ready to shell out $16 million in Bitcoin, then hedge fund manager Roy Niederhoffer is ready to sell his mansion. The president of R. дальше »
2018-10-23 16:59 | |
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Hedge Fund Manager to Accept Bitcoin Payment for his $15.9 Million Mansion
A luxury mansion in Manhattan, New York, is currently for sale for about $16 million, with the owner of the house ready to sell it for bitcoin, Bloomberg reported on October 19, 2018. A Hedge Fund Manager Will Accept Bitcoin Roy Niederhoffer, the president of New York-based R. дальше »
2018-10-22 13:00 | |
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Crypto Ponzi Scammer Ordered to Pay $2.5 Million for Duping Investors
On October 18, the U. S. Securities and Exchange Commission (SEC) ordered a New York-based firm Gelfman Blueprint, Inc. and CEO Nicholas Gelfman to pay $2. 5 million in fines and restitution for running a Bitcoin Ponzi scheme. дальше »
2018-10-22 09:00 | |
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Bitcoin Con Artist Docked for $2.5 Million By U.S. Federal Court
A U. S. Federal Court recently indicted Gelfman Blueprint Inc. (GBI) and its CEO Nicholas Gelfman to the tune of $2. 5 million for running a Bitcoin Ponzi scheme. The matter is the first ever anti-fraud proceedings concerning Bitcoin taken up by the Commodity Futures Trading Commission (CFTC). дальше »
2018-10-21 02:00 | |
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Alleged Bitcoin Ponzi Firm and CEO Ordered to Pay $2.5 Million in Penalties by Federal Court
In a press release by the US Commodities Futures and Trading Commission (CFTC) on Oct. 18, the agency confirmed that Gelfman Blueprint Inc. (GBI) and its CEO, Nicholas Gelfman, had been ordered to pay more than $2. дальше »
2018-10-20 16:29 | |
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Goldman Sachs and Mike Novogratz Bet Big on Cryptocurrency Custodian BitGo with $15 Million Investment
Institutional interest in cryptocurrencies seems to be slowly and steadily gaining upward traction. Per a report published by Bloomberg, dated October 18, 2018, the Wall Street goliath Goldman Sachs Group Inc. дальше »
2018-10-19 18:00 | |
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Goldman Sachs and Billionaire Mike Novogratz Invest $15 Million into Crypto Custody Firm BitGo
Goldman Sachs Group Inc. and former Goldman partner Mike Novogratz have have executed a joint $15 million investment into cryptocurrency custodian BitGo Holdings Inc. The group’s contribution makes up over a quarter of the total $57. дальше »
2018-10-19 02:55 | |
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Goldman Sachs and Novogratz Invest in BitGo’s $1 Trillion Crypto Wallet
Goldman Sachs and Bitcoin bull Mike Novogratz have teamed up to invest in BitGo Holdings Inc. , as the platform seeks to attract more institutions and wealthy customers who are sourcing secure ways to hold their assets. дальше »
2018-10-19 18:46 | |
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Forbes Enters Blockchain Game, Partners With Civil
Civil, an Ethereum-based platform with a heady bid to save journalism, has partnered with Forbes to help the 100-year-old publisher keep its stories free from meddling hands. дальше »
2018-10-10 01:59 | |
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BitTorrent’s Recently Launched µTorrent Web, Passes 1 Million Daily Active Users
SAN FRANCISCO, CALIF. – October 4, 2018 – BitTorrent, Inc. , the company behind the world’s most popular P2P communications protocol and products, today announced that µTorrent Web surpassed 1,000,000 daily active users. дальше »
2018-10-4 10:31 | |
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Federal Judge Rules Cryptocurrency MBC Is a Commodity
In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal. дальше »
2018-9-28 23:15 | |
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This Bitcoin Startup ‘Could Be First To IPO,’ Says Alphabet Inc. VC Firm After $25M Funding
Goldman Sachs and GV (formerly Google Ventures) are among major investors in a $25 million funding round for Bitcoin payment network startup Veem, the company confirmed September 26. Google, Goldman Sachs Bet On Bitcoin Payments Speaking to Forbes, Veem CEO Marwan Forzley confirmed the successful funding round, which is the most prominent yet since the company first started raising funds back in May 2015. дальше »
2018-9-27 20:30 | |
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EF Hutton Re-Enters the Market by Launching Cryptocurrency Offerings
EF Hutton’s parent company, HUTN, Inc. , along with some of its subsidiaries announced in a Sept 11 press release they planned to enter the cryptocurrency business with “multiple instruments, coins, and tokens. дальше »
2018-9-16 11:00 | |
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Riot Blockchain Replaces CEO Over $27 Million Pump and Dump Charges
Riot Blockchain, Inc. (NASDAQ: RIOT), a company officially focused on cryptocurrency mining and the development of an exchange, has swiftly replaced its CEO after the SEC charged him in connection to a fraudulent $27 million pump an dump scheme. дальше »
2018-9-11 19:45 | |
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Japanese E-commerce Giant Rakuten Acquires Cryptocurrency Exchange
Rakuten Inc. has today announced the new acquisition of Everybody’s Bitcoin Inc. , a Tokyo-based bitcoin exchange. The deal is reportedly worth around 265 million yen ($2. 4 million) and sees Rakuten become a 100% share owner at the exchange. дальше »
2018-9-1 21:34 | |
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Ethereum interface MyCrypto raises $4 million in Series A funding
MyCrypto, Inc. , an open-source interface that simplifies the process of storing, sending, and receiving digital assets, announced today it has raised $4 million in a Series A round of funding led by Polychain Capital. дальше »
2018-8-30 15:55 | |
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Brave Browser Surpasses 10 Million Downloads on PlayStore
According to an August 24, 2018, tweet from Brave, the crypto-powered browser has now been downloaded over 10 million times from Google’s Play Store. Brave’s Blockchain Relevance Brave Browser, the open source crypto-based web browser developed by Brave Software Inc. дальше »
2018-8-29 17:00 | |
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16 New Employees and 5 Exit at BitTorrent Since Acquisition by Tron (TRX)
Justin Sun and the Tron (TRX) Foundation officially acquired the famous peer-to-peer platform of BitTorrent back in mid June. The transaction was completed through Rainberry Acquisition Inc. and for a heavy price tag of $120 Million in cash. дальше »
2018-8-21 18:11 | |
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New Partnership Designed to Securely Track Precious Metal Trades
Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error. дальше »
2018-8-9 18:15 | |
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Bitcoin [BTC]’s merchant use has dropped by 85%, says Chainalysis study
A recent survey conducted by Chainalysis Inc. shows that Bitcoin [BTC]’s use by merchants and in commercial use case scenarios is falling. The survey, which was commissioned by Bloomberg, shows that merchant usage peaked at $411 million in September of last year, with lows of about $60 million seen in May. This represents an 85% […] дальше »
2018-8-4 01:57 | |
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Square Processes More Than $71 Million in Bitcoin Transactions in 2018
Square Inc’s quarterly earnings report shows that the company is processing more Bitcoin transactions each quarter, though the growth is slow. According to the report recently submitted to the US Securities and Exchange Commission, the company reported revenue from Bitcoin at over $71 million in the first half of 2018. дальше »
2018-8-3 15:56 | |
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Payment Platform Square Sees $37 Million in Revenue From Bitcoin Integration
Bitcoin (BTC)–Despite the growing perception that cryptocurrency offers little value to digital payment platforms, Square has published figures that show a gain in revenue valued in tens of millions of dollars for the second quarter of the year. дальше »
2018-8-3 01:42 | |
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$37 million of bitcoin revenue assist square accelerate increase in q2
Finance Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. Also Read: Coinmarketcap Launches Professional API and Derivatives Markets $37 Million of Bitcoin Revenue Square Inc (NYSE:SQ), the developer of the mobile payment app Square Cash, has posted its financial дальше »
2018-8-3 21:56 | |
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Bloomberg Reports Even At Its Least Volatile Nobody Is Spending Bitcoin
Many argue (including ourselves) that when Bitcoin volatility drops, it will become far easier to spend and thus, more adoptable. Now, Bitcoin volatility is hardly down at the moment, but we can say that volatility has decreased somewhat. дальше »
2018-8-2 23:00 | |
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Devv – Solving All of Blockchain’s Problems?
Advertise here with BSA This is a guest feature penned by our friends at block42. Devv (build by the company Devvio Inc. ) claims to be the world’s fastest blockchain (over 8 million transactions per second) and addresses to solve all today’s major blockchain challenges. дальше »
2018-10-2 23:05 | |
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Justin Sun now owns BitTorrent, the first of his Infinity stones
The acquisition of BitTorrent by Justin Sun has been finalized, effectively bringing 100 million new users to TRON’s (TRX) decentralized ecosystem. News first broke of the deal back in May, when rumors surfaced that Justin Sun – the founder of blockchain operating system TRX – was interested in purchasing the peer-to-peer (p2p) file-sharing platform and its architecture. дальше »
2018-7-24 15:48 | |
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DNotes Global Inc Launches Reg. D 506 (C) Funding To Raise $5 Million From Accredited Investors In A Series Of Three Funding Rounds
DNotes Global, Inc. announced on Thursday that its first funding round utilizing Reg. D 506 (c) to raise $5 million from accredited investors is now live. An offering statement has been filed with the SEC and a Private Placement Memorandum (PPM) is now available to verified accredited investors. дальше »
2018-7-13 23:41 | |
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Hong Kong VC Firm Invests $160 Million in World’s First Security Token Exchange
A Hong Kong venture capital firm has reportedly agreed to invest $160 million in Chinese security token exchange tZero. As reported by China Money Network, Hong Kong-based GSR Capital has entered into a $160 million purchasing agreement with the security token exchange tO. дальше »
2018-7-2 16:30 | |
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Did PayPal Purchase Hyperwallet Using Ripple XRP?
PayPal has agreed to enter a $400 million deal to acquire fintech company Hyperwallet Systems Inc. But did the online payment processing company pay for the acquisition using cash or the cryptocurrency Ripple (XRP)? Since its inception in 2000, Hyperwallet has grown to such a size that it is now able to disburse payments to more than 200 countries in a number of ways. дальше »
2018-6-29 13:00 | |
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BitTorrent Is Reportedly Selling for $140 Million
Last month, TF broke the news that Justin Sun, the entrepreneur behind the popular cryptocurrency TRON, was in the process of acquiring BitTorrent Inc. The San-Francisco based file-sharing company confirmed the interest from Sun and last week sources added that details of the sale had been finalized. One of the questions that remained unanswered is […] дальше »
2018-6-20 21:55 | |
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