IEOs, ICOs, Whatever the Name, Regulation is the Issue

IEOs, ICOs, Whatever the Name, Regulation is the Issue (1)

With Initial Exchange Offerings (IEOs) gaining in popularity, industry experts have been suggesting that their uncertain regulatory status doesn’t necessarily mark an improvement as a way of generating new capital. An IEO is conducted via a cryptocurrency exchange. Unlike Initial Coin Offerings (ICOs), an IEO is administered by a crypto exchange on behalf of the […]

Firefox JavaScript Vulnerability Warning to Crypto Users

Firefox JavaScript Vulnerability Warning to Crypto Users

Firefox has assigned a critical or top-level threat to a vulnerability discovered by the Coinbase security team and Google security researcher Samuel D Gross. The mixing attack has been used in the past to attack cryptocurrency users. A zero-day (also known as 0-day) vulnerability is a computer-software vulnerability that is unknown to, or unaddressed by, those […]

Washington Lawmakers Call to Spoil Party on Facebook’s Crypto Aspirations

New plans from Facebook to enter crypto space appear to be infuriating a group of Washington lawmakers who fear the media giant is cutting loose without regards to regulation. The comments floating around Capitol Hill seem to be led by House Financial Services Committee Chairwoman Maxine Waters who just wants to put the skids on […]

Dysfunctional States And State Crypto

Dysfunctional States Crypto

French Finance Minister Bruno Le Maire has said that cryptocurrency will never replace a government’s sovereign currency. Le Maire’s comments were made in the light of growing concerns by regulators over Facebook’s intended launch of its own cryptocurrency in 2020. Mark Carney, Governor, Bank of England also said that the new digital currency will be […]

Interest in CME Bitcoin Futures Reach All-Time High

The Chicago Mercantile Exchange (CME) data shows that the interest in Bitcoin futures trading is now at an all-time peak as Bitcoin enjoys a renewed interest in the markets. The Twitter post by CME revealed this week that interest has peaked with an all-time high of 5,311 contracts totaling 26,555 BTC, or approximately USD 247 […]

FINRA Has 40 Crypto Startups Parked but SEC May Be Culprit

The Financial Industry Regulatory Authority (FINRA) is backlogged. Or if not, it appears to be holding back on giving approval to around 40 crypto broker-dealers waiting for a green light to operate. FINRA is a non-governmental organization that regulates member brokerage firms and exchange markets in the US. Its government agency counterpart, which acts as […]

Binance on the Move with “No FUD” $81 Million BTC Transfer

Malta-based cryptocurrency exchange Binance raised a few eyebrows this week when it announced that a USD 81 million Bitcoin transaction was soon to be en route. The world’s biggest exchange assured users that there was “no need to FUD”, but it took some criticism from market analysts at its boast. David Tawil, president of crypto […]

London Broker Chooses Crypto Derivatives Market as Safe Zone

A major London broker is now moving into Bitcoin after losing 36% of its market value in a day’s trading in 2018. The company, a division of the world’s biggest interdealer broker TP ICAP has been wooed by the advantages of trading in Bitcoin and has become an intermediary to those wanting to trade in Bitcoin […]

Brazil’s President Bolsonaro and Central Bank Clearly Differ on Crypto Adoption

Brazil’s cryptocurrency uptake may not have been helped by the country’s new president Jair Bolsonaro who seems to know absolutely nothing about crypto. But his head of banking clearly does. “I don’t know. Is it a coin?” Brazil’s new leader recently asked, when Bitcoin was put to him. However, his administration has taken up previous […]

Jack Dorsey: Bitcoin “Is for the World and for the People of the World.”

If Twitter’s Jack Dorsey is reluctant to condone a Facebook cryptocurrency, he hasn’t actively spoken out against it. But according to him, cryptocurrency’s greatest asset, Bitcoin, belongs to everyone. The co-founder and CEO of Twitter, and founder and CEO of mobile payments company Square, has in fact stuck to his call for “a currency for […]