Business

US Court Claims Rapper T.I. Sold Unregistered Securities in FLiK ICO

[ad_1] The Atlanta division of the United States district court of the northern district of Georgia claims in an order published on May 20 on Twitter by lawyer Stephen Palley that Rapper T.I. — real name Clifford Joseph Harris Jr. — sold unregistered securities in his FLiK initial coin offering (ICO).According to the document published by Palley, although the flik tokens had additional functionality (such as granting access to events),
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Bitcoin (BTC) continues to struggle around $8,000 mark

[ad_1] Bitcoin (BTC) had a lacklustre session yesterday, as it once again struggled to defend the $8,000 mark. Having opened at $8,196.92, the digital coin dropped to sub-$8,000 levels during the early hours of trading. The coin’s decline culminated in the early afternoon session, when its price fell to an intraday low of $7,678.78. The coin recovered some of its losses during the final hour of the session and eventually
Business

Australian Government Employee Faces Court for Misusing Government IT Systems to Mine Crypto

[ad_1] An Australian government employee will reportedly face court today over his alleged misuse of government IT systems to mine cryptocurrency for personal gain. The news was announced by the Australian Federal Police (AFP) on May 21.The AFP alleges that the 33-year old man, whose name was not disclosed, used his access as an IT contractor to “manipulate programs to use the processing power of the agency’s computer network for
BLOCKCHAIN

Chinese Central Bank-Led Fintech Research Institute Seeks New Blockchain Talent

[ad_1] A fintech research institute established by China's central bank, the People’s Bank of China (PBoC), has posted several new job openings for blockchain talent. The three listings were published to Chinese recruitment website Lagou.com on May 21.As its profile on Lagou.com outlines, the Shenzhen Fintech Research Institute is a unit jointly organized by the PBoC’s Digital Currency Research Institute, the Shenzhen Local Financial Supervision Bureau and the Futian District
Business

Kraken $10 Million Equity Sale With BnkToTheFuture Seeks to Democratize Access

[ad_1] United States cryptocurrency exchange Kraken is offering equity to users in a fundraiser that raised over $6 million in its first day, statistics confirmed on May 21.Kraken, which is one of the world’s oldest exchanges, is using Cayman Islands-based platform BnkToTheFuture to offer equity to vetted investors. These, it said in an accompanying marketing email seen by Cointelegraph, can be any Kraken user, subject to a minimum purchase of
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SEC Wants These Questions Answered After Delaying Another Bitcoin ETF

[ad_1] There was a glimmer of hope that the VanEck Bitcoin ETF would make history gaining SEC approval. Alas, that can got kicked down the road again until Aug 19 and the SEC wants its questions answered. VanEck Bitcoin ETF Decision Delayed as Expected To be fair, it was a pretty tenuous optimism that the VanEck Bitcoin EFT decision would be the first to be approved by the SEC. Pretty
Business

NYSE Arca Files Proposed Rule Change with SEC for Bitcoin-, T-Bills-Backed Investment Trust

[ad_1] NYSE Arca has filed a proposed rule change with the United States Securities and Exchange Commission (SEC) for an application to list shares in a bitcoin (BTC) investment trust that would be backed by the cryptocurrency and T-bills. The development was revealed in an SEC filing published on May 20.The Chicago-headquartered exchange — a subsidiary of the New York Stock Exchange Group — outlined that the proposed trust would
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Bitcoin Exchange Kraken Raises $6M Equity Funding In 2 Days

[ad_1] US bitcoin and crypto exchange Kraken has raised over $6.5 million in a matter of days as part of a new equity sale, data has revealed. Kraken Fundraiser Hits $6.55M According to a fundraising page on BnkToTheFuture, which Kraken is using to gather the funds, investors have already contributed €5.87 million ($6.55 million) of the total €9.13 million ($10.2 million) target. In doing so, Kraken has thus passed its
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Ron Paul Says Bitcoin Ban Won’t Stop Dollar From Self-Destructing

[ad_1] Former Presidential candidate, Ron Paul, says that a Bitcoin ban is highly unlikely and that the dollar’s demise is inevitable.  Ron Paul: ‘Dollar is Going to Self-Destruct’ Former US Congressman Dr. Ron Paul recently attended the crypto Consensus conference in New York as a guest of the Digital Asset Policy Network. During his visit the retired politician and godfather of the modern right-wing Libertarian movement spoke about the death
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Everyone’s Talking About Security Tokens But No One’s Trading Them

[ad_1] There’s a party happening right now and everyone’s invited. The music’s playing, the fridge is loaded and the bathtub’s full of ice. All the ingredients for the sickest soiree are in place. There’s just one problem: the guests have yet to arrive. Welcome to the world of security tokens, where you can tokenize anything you like, but making it tradable is another matter entirely. Also read: Developer Creates Interwallet