Category: Cryptocurrency News

Crowdfunding ICOs seeking to crowdfund their big idea have a quandary: should they register their token as a security, complete with the expense, delays, and paperwork this entails, or should they brand it a utility and hope the SEC doesn’t come after them? Last year, virtually everything was labeled a utility and SEC-compliant crowdsales were almost unheard of. But in 2018, launching a utility token in the U.S. is fraught with risks and uncertainty. To tap into Read more …

Other than EOS and Tron which are still oscillating in the green territory, most coins are correcting and for good reasons. Leading the correction pack is IOTA which is down 14 percent and NEO which follows closely at 12 percent. It’s my expectation that sellers shall confirm the double bar bear reversal patterns that is clear in the daily chart as they move lower and probably rest and reverse at our support lines. Because of this, I’m net bearish but Read more …

The Philippine government will allow 10 Blockchain and cryptocurrency companies to operate in the Cagayan Economic Zone, Reuters reports April 25. The companies will reportedly be the first Blockchain and crypto-related firms to legally operate in the Philippines after the Cagayan Economic Zone Authority (CEZA) established a fintech hub with the goal of creating an Asian “Silicon Valley”. CEZA is a state-owned corporation that manages the Cagayan Special Economic Zone and Freeport. Chief of CEZA Raul Lambino stated that they Read more …

Grayscale Investments has invested in ZenCash, a little-known, privacy-focused cryptocurrency. Speaking at the Stocktoberfest East conference in New York City, Grayscale founder Barry Silbert – who also founded Grayscale’s parent company, Digital Currency Group – asked audience members to raise their hands if they owned offshore bank accounts. “There is approximately 10 percent of the world’s wealth held in offshore bank accounts,” he said after some of the audience members raised their hands, adding: “I believe that financial privacy is going Read more …

Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its “conviction list” of cryptocurrencies. The other coins on the list are bitcoin, ethereum classic, zcash and Decentraland. Speaking at the Stocktoberfest East conference in New York City, Digital Currency Group founder and CEO Barry Silbert asked audience members to raise their hands if they owned offshore bank accounts. “There is approximately 10 percent of the world’s wealth held in offshore bank accounts,” he said after some of the Read more …

VPE WertpapierhandelsBank AG (VPE), a German securities trading bank, has partnered with Berlin-based technology company solarisBank to launch a cryptocurrency trading service for institutional investors, according to a VPE press release April 25. VPE is regulated by the Federal Financial Supervisory Authority (BaFin) and is purportedly the first bank in the country to offer a cryptocurrency trading service. According to a statement on the bank’s website, the service is available “exclusively to institutional and professional clients”, although a private client Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Kraken CEO and co-founder Jesse made headlines recently for his strongly-worded response to the New York Attorney General’s request for information on the Kraken exchange, the largest bitcoin exchange based on euro volume in the world. The NYAG sent out a statement insisting that exchanges be more transparent, and issued 13 exchanges a 34 point questionnaire with a 2 week deadline for return. Kraken was one Read more …