Indiegogo’s First Security Token ICO Raised $18 Million

Indiegogo’s First Security Token ICO Raised $18 Million

Advertisement The owner-operator of the St. Regis Aspen Resort has concluded its security token offering (STO), raising $18 million in the first equity ICO hosted on the Indiegogo platform. Asset management firm Elevated Returns, the owner of St. Regis Aspen, on Tuesday announced that accredited investors had purchased all $18 million worth of Aspen Coins…

Bitcoin Price Heading into ‘Classic Breakout Pattern’: Analyst

Bitcoin Price Heading into ‘Classic Breakout Pattern’: Analyst

Advertisement The bitcoin price has been remarkably stagnant in recent weeks, with the flagship cryptocurrency’s volatility declining to a 17-month low on Oct. 8. Analysts including Bloomberg Intelligence commodity strategist Mike McGlone have said that this could be an indication the cryptocurrency market is beginning to establish itself into a maturing asset class. But while…

Bitcoin Cash Evangelist Roger Ver May Launch Cryptocurrency Exchange

Bitcoin Cash Evangelist Roger Ver May Launch Cryptocurrency Exchange

Advertisement Bitcoin cash evangelist and Bitcoin.com owner Roger Ver is considering launching a cryptocurrency exchange that would use BCH as its base currency. The controversial bitcoin cash promoter, once known as “Bitcoin Jesus” for his early support for the cryptocurrency in the years before last year’s BTC/BCH divorce, told Bloomberg that, if his company wanted…

Roubini Calls Buterin a Dictator, Falsely Claims Crypto is Centralized

Roubini Calls Buterin a Dictator, Falsely Claims Crypto is Centralized

Advertisement Nouriel Roubini, a proclaimed critic of the crypto sector, characterized decentralization as a myth, claiming that no system, currency, or protocol can exist in a peer-to-peer ecosystem. “Decentralization in crypto is a myth. It is a system more centralized than North Korea: miners are centralized, exchanges are centralized, developers are centralized dictators (Buterin is…

Crypto Firm Prepares £45 Million Bid on Hull City Football Club

Crypto Firm Prepares £45 Million Bid on Hull City Football Club

Advertisement Yorkshire-based championship football team Hull City may be about to change hands as international bidders make their interest known in what is being referred to as a takeover in the UK media. Last weekend Paul Duffen, former chairman of Hull City AFC, announced his intention to buy the club with the backing of Saudi…

London Cryptocurrency Exchange Coinfloor Confirms Layoffs

London Cryptocurrency Exchange Coinfloor Confirms Layoffs

Advertisement Coinfloor, the oldest bitcoin exchange in the U.K., will lay of most of its 40 employees, according to two sources interviewed by the Financial News. The layoffs at the London-based exchange are in response to “significant” change in market volume, according to Obi Nwosu, Coinfloor’s chief executive, and are seen as a setback for…

Court Authorizes Crypto Firm to Reclaim 530 ETH Sent to Wrong Address

Court Authorizes Crypto Firm to Reclaim 530 ETH Sent to Wrong Address

Advertisement The Supreme Court of British Columbia has issued a major ruling in a case stemming from a dispute over ethereum (ETH) tokens mistakenly sent to an initial coin offering (ICO) investor, and it could have implications for cryptocurrency users or exchanges outside of the litigants involved in the case. The ruling, which was issued…

While Major Crypto Exchanges Flourish, Minor Platforms Struggle

While Major Crypto Exchanges Flourish, Minor Platforms Struggle

Advertisement The world’s largest crypto brokerage Coinbase is reportedly close to finalizing a $500 million funding round at a valuation of $8 billion, and Binance has started to become more active in the investment sector, funding blockchain startups internationally. While major cryptocurrency exchanges like Coinbase, Binance, and BitMEX are seeing their businesses flourish with lucrative…

CFTC Cracks Down Harder on Cryptocurrency Fraud Under Trump

CFTC Cracks Down Harder on Cryptocurrency Fraud Under Trump

Advertisement The Commodity Futures Trading Commission (CFTC) has bolstered its police actions in the last fiscal year, driven largely by cryptocurrency cases, according to The Wall Street Journal. Under President Trump, the federal derivatives market regulator levied about $900 million in civil penalties in 2018 alone, exceeding the annual amount in five of the eight…

Cryptocurrency ‘More Centralized than North Korea’: NYU Economist

Cryptocurrency ‘More Centralized than North Korea’: NYU Economist

Advertisement New York University (NYU) economist Nouriel Roubini is scheduled to testify later this week during a U.S. Senate hearing on blockchain and cryptocurrency technology, and the noted bitcoin basher appears to be preparing for his testimony by trying out some new criticisms of the nascent asset class. Ethereum Co-Creator a ‘Dictator for Life’ Writing…