PROPS is a decentralized ecosystem of video applications that hopes to leverage its relationship with the YouNow community of millions. Although there is an existing YouNow digital currency, PROPS is a new concept, one designed to pay content creators more than they could earn from any other video service.
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.
As current loyalty and customer engagement programs continue to face major challenges, ranging from high fragmentation and operational inefficiencies to concerns with centralization and data ownership, major industry players are turning to the blockchain to revolutionize an outdated market.
The Texas Securities Commissioner has entered an Emergency Cease and Desist Order to halt trading through BitConnect, a UK crypto community platform that offers multiple investment options using its own coin, BCC.
The coins are unregistered securities, the Texas Securities Commissioner ruled.
Trading assistant service and mobile app Taylor is planning an initial coin offering (ICO) for its utility token TAY. The ICO will be held in February to support and fund its initial operations.
Based in Estonia, Taylor is a smart cryptocurrency trading assistant service.
An update on initial coin offerings that are either underway or coming up in November. Please note that Block Tribune does not endorse any of the companies, but provides this merely for informational purposes. As with any investment, conduct due diligence before making any capital outlays….
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.
San Diego-based organization Luna DNA has raised $2 million USD in seed funding. The round was led by Prelude Capital CEO and cofounder Gavin Saitowitz. Other investors include Illumina CIO Scott Kahn and Illumina co-founder David Walt.
Luna DNA is a genomic and medical research database that uses blockchain technology.
A class action lawsuit has been filed against ATBCoin over an initial coin offering (ICO) that raised raised more than USD $20 million. The plaintiffs alleged that ATBCoin and its founder Herbert W. Hoover violated the Securities Act by selling unregistered securities in the ICO.
A group of news organizations and journalists in various parts of the world have joined forces to create PressCoin, a cryptocurrency aimed to sustain funding for investigative journalism.
The group said that the rise of digital technologies has destroyed old business models of the print press and eaten into online advertising revenues.