Cryptocurrencies Not Federally Insured, Warns Alaska State Regulator

Announcements, ICO News, Regulation | January 8, 2018 By:

Alaska state securities regulator has issued a warning about the risks associated with cryptocurrency investments.

Kevin Anselm, director of Alaska’s Division of Banking and Securities, cautioned Alaskan investors about investments involving cryptocurrencies. She said cryptocurrencies are subject to minimal regulatory oversight and that they’re susceptible to cybersecurity breaches or hacks.

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Blockchain Smartphone Developer Sirin Labs Secures $157M USD in ICO

Announcements, Blockchain, ICO News | December 29, 2017 By:

Sirin Labs‘ initial coin offering (ICO) has become the fourth-largest crowdsale in history, raising over $157 million.

Switzerland-based Sirin Labs, the creator of the $17,000 ultra-secure Solarin smartphone, said the amount raised through the ICO would be used to fund the development of the first blockchain smartphone and all-in-one personal computer called Finney.

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