The U.S Securities and Exchange Commission (SEC) is conducting a review of companies that have turned to ICO to finance their blockchain projects. A recent filing released the details of the ongoing Overstoke.com $250 million ICO. The Company hopes to…
Securities and Exchange Commission Issues 80 Cryptocurrency Subpoenas, Including TechCrunch Fund
The U.S Securities and Exchange Commission has issued over 80 Cryptocurrency centered Subpoenas including TechCrunch founder Michael Arrington on his $100 million cryptocurrency fund according to CNBC. The agency has been increasing its crypto-related sweep as it hopes to ensure…
Bitcoin, Ethereum, Ripple, Litecoin – Week Mar 4th to Mar 11th, Price Charts and Analysis
The Bitcoin has a positive outlook Ether and Ripple both have a negative outlook Litecoin has a short-Buy/ Short-sell -Uncertain outlook The Bitcoin (BTC) Price chart Last week, Wednesday, the BTC managed to raise its dominance index for the first…
Coinbase Signals for possible Acquisitions After Hiring Silicon Valley Dealmaker Emilie Choi
Coinbase has hired a Silicon Valley Dealmaker and a former LinkedIn executive as the cryptocurrency exchange – the largest U.S. Bitcoin exchange and crypto brokerage giant explore a series of value-adding mergers and acquisitions. Emilie Choi started her first day…
California introduces a bill to recognize Blockchain contracts.
States in America have slowly begun adopting the blockchain and in general cryptocurrencies. Arizona recently passed a bill allowing citizens to pay taxes via digital coins. On 20th February the lawmakers in California introduced a new bill that advocates for…
Goldman Sachs Lists Cryptocurrencies as a Business Risk
America’s financial services Goldman Sachs admitted that cryptocurrencies and the blockchain pose a significant business risk to the overall business strategy. This follows the last week’s declaration by Bank of America, which stated that cryptocurrencies are a threat to its…
JPMorgan Chase, US largest Bank Admits cryptocurrencies could disrupt the Banking Industry
The largest bank in the US has admitted cryptocurrencies and the blockchain technology could disrupt both the traditional markets. The Bank recently banned credit card-crypto transactions, citing Compliance with Anti-money laundering laws, Consumer protection and tackling crypto related credit card…
Wyoming House Approves Two Bills Exempting Utility Tokens from Securities Laws
The Wyoming House of Representative passed two pro blockchain and cryptocurrency laws in a landmark; 60 to 0 vote, making it a blockchain friendly state for blockchain startups. Bitcoin miners are already setting mining shop taking advantage of the state’s…