A new market intelligence report from Elementus.io on the latest ICO trends has been released. Its key finding: first quarter token sales for 2018 have already surpassed the entire year for 2017.
The cryptocurrency market is taking a breather today after a strong run-up. Bitcoin is holding in the $9,300 range at mid-morning after rising as high as $9,500. The elusive $10,000 barrier is in sight, but the march towards it keeps getting stalled by nervous investor pullbacks.
The Tribeca Film Festival saw the premiere of the first ethereum-financed feature film, Braid, the story of two sisters locked in a mansion with a psychotic friend.
Naturally, this new form of financing was much on the minds of attendees,
Cryptocurrency exchange Bitvo has appointed Pamela Draper as president and CEO.
Draper brings professional banking and capital markets experience to the cryptocurrency business, having spent approximately 14 years in investment and corporate banking at top tier Canadian banks. Her mission is to grow Bitvo into a successful international exchange and expand the cryptocurrency market into institutions and professional investors.
Martin Lewis, a millionaire British consumer rights champion and television personality, is suing Facebook over fraudulent crypto advertisements featuring his face and name.
Lewis is the founder of MoneySavingExpert.com, a British consumer finance information and discussion website. He currently appears on ITV’s This Morning,
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has proposed a legislative framework to regulate crypto asset activities, including exchanges, custodians and other intermediaries.
Dubbed “Spot Crypto Asset Framework,” the proposed regulation aims to address the new risks posed by cryptocurrency trading.
Varyon will be used to power transactions within the economies of the seasteads.
Venezuela’s President Nicolas Maduro has certified 16 crypto exchanges to facilitate the adoption of the Petro, the country’s oil-backed cryptocurrency.
During the inauguration of Venezuela’s Power Expo 2018 in Caracas, Maduro announced that the pre-sale of the Petro has ended and that it has raised over $3 billion dollars.
John Price, commissioner of the Australian Securities and Investments Commission (ASIC), said that the country’s corporate and consumer law might apply to initial coin offerings (ICO) offered from abroad.
During a FinTech event in Sydney last week, Price said that the agency would update ICO guidelines that were originally issued in September 2017.
David Burt, Bermuda’s Premier and Minister of Finance, has signed a memorandum of understanding (MOU) with Binance Group which involves an investment of up to $15 million for educational programs related to FinTech and blockchain startups.
Changpeng Zhao, founder and CEO of Binance,