SEC Lets Crypto Play, Clears Gaming Company to Sell Tokens

SEC Lets Crypto Play, Clears Gaming Company to Sell Tokens

Pocketful of Quarters (PoQ) can breathe a sigh of relief today. The SEC announced that it will not take action against the gaming rewards company. This is only the second time the SEC has issued a “no-action” notice to a token seller.  In the notice, Jonathan Ingram, chief legal officer for the SEC’s FinHub, wrote, …

US Securities Watchdog Says Desperate Kik Turned to Blockchain Tokens

US Securities Watchdog Says Desperate Kik Turned to Blockchain Tokens

TweetFacebookLinkedInBy CCN: According to documents tweeted by lawyer Stephen D. Palley, the government accuses Kik of turning to selling tokens out of desperation. The accusation is part of a motion to discover. Will the SEC pull off a massive win against Kik? | Source: Twitter Will Kik Open the Floodgates? The government is looking to…

Crypto Win? SEC Admits Not All ICO Tokens are Securities

Crypto Win? SEC Admits Not All ICO Tokens are Securities

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the…

US Gov’t to Provide Regulatory Clarity on Crypto, Could Tokens Recover?

US Gov’t to Provide Regulatory Clarity on Crypto, Could Tokens Recover?

Advertisement TweetShare Token Taxonomy Act to eliminate cryptos and initial coin offering (ICO) tokens from the scope of the U.S. Securities and Exchange Commission (SEC), According to a report released by Kate Rooney, a markets reporter at CNBC, two congressmen — Warren Davidson and Darren Soto — are preparing a bipartisan bill to exclude crypto…

Cryptocurrency Exchange Coinbase Lists Four More Ethereum Tokens

Cryptocurrency Exchange Coinbase Lists Four More Ethereum Tokens

Advertisement The most popular US cryptocurrency exchange is continuing its promise to support Ethereum-based ERC20 tokens, adding four more of the coins to the Coinbase Pro platform. Starting today, December 7, Coinbase Pro users can transfer their balances of Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) to the exchange, and full trading…

Bitcoin Cash Drops 5% as Crypto Market Retraces, Tokens Take a Hit

Bitcoin Cash Drops 5% as Crypto Market Retraces, Tokens Take a Hit

Advertisement Twitter Facebook LinkedIn After demonstrating nearly a 50 percent gain within a three-day span, Bitcoin Cash dropped five percent of its value against the US dollar. The volume of Bitcoin Cash, which hovered at around $1.4 billion on November 6, has since dropped to $950 million, by 32 percent. Still, on a weekly basis,…

New Protocol Lets EOS dApps ‘Teleport’ Tokens from Ethereum

New Protocol Lets EOS dApps ‘Teleport’ Tokens from Ethereum

Advertisement Arguably the most important contribution of Ethereum is the real-world implementation and accessibility of smart contracts. From smart contracts follow decentralized applications or “dApps,” which enable common users to interact with financial and other purposes of the blockchain without necessarily needing to be cryptocurrency savvy. So many smart contracts and dApps have been launched…

Op-Ed: Stablecoins and Bank Failure — The Risk of Fiat-Backed Tokens

Op-Ed: Stablecoins and Bank Failure — The Risk of Fiat-Backed Tokens

Advertisement About the author: Ranjeet Sodhi is the CEO and Co-Founder of Vault. He is also a fintech entrepreneur with over 19 years of experience leading and turning around key regulatory risk management initiatives for global top tier investment banks and financial services firms, including JPMorgan Chase, Citi, Deloitte, and E&Y. You can follow him…

Hackers Nab $58k from Cryptocurrency Exchange with Fake EOS Tokens

Hackers Nab $58k from Cryptocurrency Exchange with Fake EOS Tokens

Advertisement Hackers were able to steal nearly $58,000 worth of cryptocurrency from the Newdex exchange by exploiting a vulnerability in the exchange, according to TheNextWeb. The hackers flooded the Newdex exchange with fake EOS tokens they created themselves to buy ADD, BLACK and IQ tokens from the centralized platform. Newdex acknowledged that an EOS account issued…