Fmr. Macau Gangster Raises $750 Million in 5-Minute ICO

Fmr. Macau Gangster Raises $750 Million in 5-Minute ICO

An initial coin offering (ICO) operated by a little-known company in China and backed by a former Macau gangster raised $750 million in less than five minutes. The South China Morning Post reports that World Hung Mun Investment — led by former 14K Triad gangster “Broken Tooth” Wan Kuok-koi — sold 450 million “HB” tokens…

BitPay Becomes NY’s First Standalone Crypto Payment Processor

BitPay Becomes NY’s First Standalone Crypto Payment Processor

Cryptocurrency payment processor BitPay has become the eighth firm to receive a “BitLicense” from the New York Department of Financial Services (NYDFS), which oversees what is arguably the most-restrictive state-level framework for the U.S. cryptocurrency industry. The NYDFS announced on Monday that it had approved the Atlanta-based BitPay’s application, following a “comprehensive review” of the…

Bitcoin Reclaims $6,600, Altcoins Gain up to 9% Today as ETF Giant BlackRock Eyes Crypto

Bitcoin Reclaims $6,600, Altcoins Gain up to 9% Today as ETF Giant BlackRock Eyes Crypto

Crypto markets are on an upswing today, July 16, as data from Coin360 shows, with Bitcoin (BTC) reclaiming the $6,600 price point. Today’s notable market growth is likely bolstered by news that the $6.3 trillion asset management heavyweight BlackRock –– the world’s largest provider of exchange traded-funds (ETF) –– is beginning to assess potential involvement…

Much Wow, Very Trade: Dogecoin is Now Listed on Robinhood Crypto

Much Wow, Very Trade: Dogecoin is Now Listed on Robinhood Crypto

Advertisement Stock trading app Robinhood has listed dogecoin on its commission-free cryptocurrency trading platform, the company announced on Monday. The parody cryptocurrency, created in 2013, currently ranks as the 44th-largest cryptocurrency, with a circulating market cap of $288 million. At its peak in early January, dogecoin’s market cap swelled as high as $2.1 billion, much…

G20 Watchdog Develops ‘Vigilant’ Cryptocurrency Monitoring Framework

G20 Watchdog Develops ‘Vigilant’ Cryptocurrency Monitoring Framework

Advertisement The Financial Stability Board (FSB), an international body tasked to monitor the global financial system while coordinating regulation for G20 nations, has published a new framework for monitoring cryptocurrency assets. With an announcement on Monday, the FSB published its report and revealed its standardized framework delivered to G20 finance ministers and central bank governors…

Bitcoin Spikes to $6,600 as Crypto Market Finds Momentum

Bitcoin Spikes to $6,600 as Crypto Market Finds Momentum

Advertisement After a week of stability in the $250 billion region, the crypto market has started to demonstrate solid momentum, potentially eying a breakout to the $300 billion mark, supported by a rally initiated by bitcoin and Bitcoin Cash. On July 16, the price of bitcoin, ether, Ripple, Bitcoin Cash, and EOS increased by 3…

(+) Crypto Regulation: A Tectonic Shift Is Occurring

(+) Crypto Regulation: A Tectonic Shift Is Occurring

Advertisement Follow us on Telegram or subscribe to our newsletter here. • Join CCN’s crypto community for $9.99 per month, click here. • Want exclusive analysis and crypto insights from Hacked.com? Click here. • Open Positions at CCN: Full Time and Part Time Journalists Wanted. Advertisement