Parity Technologies Admits It Knew About Code Flaw, Did Nothing

Blockchain, Crime, FinTech, Investing, News | November 15, 2017 By:

Parity Technologies issued something of a post-mortem today on the massive hack to its digital wallet, which has locked up about $156 million in ether funds that may be permanently lost, making it potentially the biggest hack in digital currency’s short history.

The company’s blog post on the issue does not indicate a solution is at hand on fixing the damage,

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Electronica Producer Gramatik Sells Out – His Revenue Streams, That Is, Through ICO

Blockchain, ICO News, News | November 15, 2017 By:

Blockchain entertainment studio SingularDTV has sold $2.25 million worth of tokens tied to the fortunes of Lowtemp recording artist Gramatik, generating $2.25 million in sales (7,500 ETH) for 25 million GRMTK tokens in its first day and selling out its planned allotment.

The investment gives fans a stake in producer Gramatik’s revenue streams.  Read more  »

UK’s Financial Conduct Authority Issues Consumer Warning on Cryptocurrency CFDs

Announcements, News, Regulation | November 15, 2017 By:

The UK’s Financial Conduct Authority (FCA) has warned investors about the risks in cryptocurrency contracts for difference (CFD).

A cryptocurrency CFD is a tradable instrument that mirrors the movements of the asset underlying it. It allows for profits or losses to be realized when the underlying asset moves in relation to the position taken,

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Anguilla Creates Register For New Utility Token Projects

Blockchain, Crime, FinTech, News, Regulation | November 14, 2017 By:

UK territory Anguilla has passed a new law that will set up a registration process for digital token offerings. The Utility Token Offering Act (called AUTO Act) permits specified Anguillian entities to apply to be registered to conduct a utility token offering to “standardize registration and disclosure protocol for blockchain projects,”

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