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Paragon and Airfox Become First ICOs to Receive Civil Penalties for Securities Violations

SEC, Paragon And Airfox Become First ICOs To Receive Civil Penalties For Securities Violations

The Securities and Exchange Commission (SEC) of the United States has issued its first civil penalties for conducting initial coin offerings (ICOs) without proper securities registration. Paragon (PRG) and Airfox (AIR) have each been fined USD 250,000, ordered to refund harmed investors, register the tokens as securities, and file periodic reports with the SEC. This is the first time the SEC …

Brooklyn Con Artist Maksim Zaslavskiy Faces 5 Years in Slammer for Fake ICOs

Brooklyn Con Artist Maksim Zaslaskiy Faces 5 Years in Slammer for Fake ICOs

Brooklyn, New York con artist Maksim Zaslavskiy has pled guilty to conspiracy to commit securities fraud after collecting funds for two fake initial coin offerings (ICOs), REcoin and Diamond Reserve Club. Some 1,000 investors were tricked and a civil case for the monetary losses will be adjudicated once sentencing for the criminal case is complete. He faces five years in …

Kakao Partners with Stablecoin Terra to Improve Blockchain-Based Payments

Kakao Partners with Stablecoin Terra to Improve Blockchain-Based Payments

The Korean Times yesterday reported a purposeful long-term relationship between major South Korean messaging giant Kakao and decentralized stablecoin Terra. In a signed partnership agreement between Kakao Corp and Terra on Wednesday 14 November, Kakao’s Klatyn, a product from its Ground X subsidiary will be fused with Terra’s technology to provide mutual benefits for a more seamless user experience of blockchain …

Ohio Congressman Tells SEC Hands Off Crypto

Ohio Congressman Tells SEC Hands Off Crypto

Ohio Congressman and cryptocurrency advocate Warren Davidson is to go ahead with his plans to introduce a bill which will effectively eliminate the SEC’s jurisdiction over the industry. The representative for Ohio is also pushing for sensible cryptocurrency and blockchain technology regulations. He recently invited 32 prominent representatives of the cryptocurrency industry to Washington in order to discuss future ICO …

NZ’s “Friendliest” Exchange Launches Country’s First ICO

NZ's "Friendliest" Exchange Launches Country's First ICO

New Zealand is finally about to launch its first ICO with cryptocurrency exchange Coingrid planning to begin a USD 3 million fundraiser in the next two weeks. Although New Zealand’s Minister of State for Trade and Export Damien O’Connor is positive there is a real desire in the government to be in the vanguard of promoting new technologies in the …

PR: Enter the Future of Real Estate with SWINCA

Enter the Future of Real Estate Market with SWINCA

Bitcoin Press Release: Blockchain startup SWINCA takes on the inefficiencies of the real estate industry with a tokenization model that levels the playing field for real estate investment. At some point, everyone, when having an opportunity to invest, considers putting money into real estate. Problem is, it’s a very hard industry to get into. New players have a hard time …

Ethereum Gives Germans More Energy Choices in 10 Cities

Ethereum Gives Germans More Energy Choices in 10 Cities

German consumers are getting cheaper energy through an Ethereum-based energy supplier which promises to “bypass the middleman”. Launched this year, Lition offers its service to 41 million German households in ten cities across the country, promising consumers a 20% saving on their monthly energy bill and offering producers the opportunity to generate up to 30% more profit. The company, built on …

Wu-Tang Clan Themed ODBCoin Launching Before the End of October 2018

Wu-Tang Clan Themed ODBCoin Launching This Week

A Wu-Tang Clan themed cryptocurrency called ODBCoin is launching before the end of October 2018. ODB stands for Ol’ Dirty Bastard, a deceased member of the Wu-Tang Clan, the other members being Method Man, Raekwon, Ghostface Killah, Inspectah Deck, U-God, and Masta Killa. Enter the Wu-Tang Clan is considered one of the greatest hip-hop albums in history, 4 of their …

Johnny Depp Signs With Crypto Based Platform TaTaTu

tatatu, johnny depp

Actor Johnny Depp has signed with cryptocurrency-based media platform TaTaTu for an undisclosed number of movies. Depp, now world-renowned for his character in Pirates of the Caribbean plus a number of box office successes including Edward Scissorhands, had been previously linked with a biopic of cryptocurrency billionaire and New York Mellon Corporation family member Mathew Mellon. His investment into XRP …

Revolutionary Blockchain Solution for Logistics and Transportation Management

endchain, Revolutionary Blockchain Solution for Logistics and Transportation Management

Following the epic rise of the Initial Coin Offering market in 2017, the market has faced a natural drop in enthusiasm. Despite this, the ICO industry isn’t dead, it is evolving. In fact, it has undergone a profound cleanup to help weed out scams or unviable products. Most blockchain experts agree that although companies have tried to adapt blockchain, there …

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