The Cryptocurrency world has been facing the heat of SEC in recent weeks. A flurry of regulatory activity may be the start of another mass crackdown. In a recent move, The U.S. Securities and Exchange Commission announced Tuesday it has filed an emergency action and obtained a court order to …
Read More »SEC’s Series Of Strikes To Cryptoverse; Is It Totally Against Crypto?
The U.S. Securities and Exchange Commission is requesting more time to make a decision on a pending Wilshire Phoenix Bitcoin exchange-traded fund (ETF) Kik will shut down its core messaging service due to the SEC Trial, KIN will continue to grow its Strength and continue to fight against SEC. …
Read More »Emergency Lawsuit filed by the United States Security and exchange Commission (SEC) against Veritaseum (VERI).
An Emergency lawsuit has been filed against Veritaseum (VERI). Yes, you have heard it right the United States Security and Exchange Commission (SEC) has filed an emergency lawsuit in a Brooklyn federal court against Veritaseum (VERI) claiming that the company and its founder and CEO Reggie Middleton have raised $14.8 …
Read More »Bitcoin ETF Decision: SEC Again delays Decision on Three Bitcoin ETF until October
Once again, The United States Securities and Exchange Commission (SEC) delays the historical decision on Three Bitcoin Exchange-traded Fund (ETF) proposal. SEC again postpones the long-awaited decision on three ETF proposals i.e VanEck SolidX, Bitwise Asset Management, and Wilshire Phoenix, According to the document published on Monday, SEC will further …
Read More »POLYCHAIN is perhaps No Longer A Billion-Dollar Operation, says a report form Wall Street Journal
Polychain, founded by Olaf Carlson Wee, is perhaps one of the most trustworthy as well as elite funds serving startups in the crypto market. Moreover, one of the most imperative facts that makes it one of a kind is that Polychain is among the earliest funds to invest in tokens …
Read More »APPROVAL OF BITCOIN ETF – The Ultimate ‘GAME CHANGER’ of 2019.
One can never deny the fact that investing in Bitcoins has always been debatable whereas majority of the population are still in a deep dilemma of what to believe in. Well, these enormous confusions will perhaps get minimized or eventually vanish because of the recent aprroval made by the Security …
Read More »WSJ Reports: ICOs Raised $118 Million in Q1 2019, Over 58 Times Less Than in Q1 2018
The Wall Street Journal reports that about $118 million has been raised via initial coin offerings (ICOs) in Q1 of 2019, over fifty-eight times but $6.9 billion, the number raised throughout an identical period in 2018 The report cites information provided by ICO analytics website TokenData. The WSJ argues that investors are frightened off by regulators’ actions against non-compliant ICOs, similarly as by the overall securities industry over …
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