Republic’s GC Comments on SEC Enforcement Action Against Two ICOs: “Industry Participants Should Study this Settlement Closely”

Earlier today, CI reported on the first enforcement actions taken by the Securities and Exchange Commission (SEC) pertaining to post-DAO initial coin offerings (ICOs). The case is precedent setting and sets a clear path for enforcement officials to proceed with other ICO issuers who raised... Read More The post Republic’s GC

RECoin and Diamond Reserve Coin ICO Issuer Pleads Guilty to Fraud

The first person to be prosecuted in the US for ICO (initial coin offering) fraud has pleaded guilty to misleading 1000 investors, Bloomberg reports. On Thursday, Maksim Zaslavskiy, 39, admitted in a Brooklyn federal courtroom that he collected money for two ICOs: RECoin and Diamond... Read More The post RECoin and

BillPay Founder Launches New Digital Trade Finance Platform For Small & Medium-Sized Businesses “MODIFI”

MODIFI, a digital trade finance platform for small and medium-sized businesses, announced this week it has officially launched. MODIFI was notably created by the team behind BillPay. According to CEO and Co-Founder of MODIFI (former CEO and Founder of BillPay), Nelson Holzner, the new platform’s digital... Read More The post BillPay Founder

BitGo Delivers Multi-Signature Security for Over 100 Coins & Tokens

Blockchain software firm BitGo announced on Thursday it has exceeded its milestone to reach 100 coins and tokens by the end of 2018. The company reported now delivers multi-signature security for more than 100 coins and tokens in its wallet and custody offerings. Stablecoins are among the new... Read More The post BitGo Delivers

CFTC Enforcement Director Addresses Crypto Fraud in Speech

The Commodities Futures Trading Commission (CFTC) Enforcement Director James M. McDonald delivered a speech yesterday addressing current trends regarding enforcement actions and, of course, crypto and virtual currencies were on the list. Speaking at the NYU School of Law, McDonald said the Commission is adapting... Read More The post CFTC Enforcement

Monzo Forms Partnership With Financial Capability Lab to Help Users Save Money

UK challenger bank Monzo announced on Thursday it has formed a partnership with the Financial Capability Lab. According to the Monzo, the Financial Capability Lab was started in 2016 by the Money Advice Service, in partnership with the government’s Behavioural Insights Team. The startup also reported that... Read More The post Monzo Forms

Malware Researcher Finds Four Crypto-Stealing Wallet Apps at Google Play Store

Lukas Stefanko, a Malware researcher and blogger, recently identified four crypto-stealing wallet apps being hosted at the Google Play Store: “These threats imitate legitimate services for NEO, Tether and MetaMask. I reported these apps to the Google security team and they were promptly removed.” Stefanko divided the fraudulent... Read More The post Malware Researcher

Top