The House Financial Services Committee has scheduled a Hearing on “Examining the Cryptocurrencies and ICO Markets.” The Hearing will take place on March 14th at 10AM and should be live streamed on the Committee website. Details are thin for the moment but as soon as we receive the names of individuals testifying on
S-based cryptocurrency exchange Bittrex says that it is compliant with federal regulations governing securities trading.
The exchange, which is headquartered in Seattle, issued a statement on Wednesday assuring its customers that its token review process is compliant with rules that prohibit companies from creating trading markets for unregistered securities.
“As a U.S.-based digital currency exchange, Bittrex is committed to incubating new blockchain technology projects and offering innovative, compliant digital tokens to our customers. Bittrex uses a robust digital token review process to ensure the tokens listed on the exchange are compliant with U.S. law and are not considered securities.”
The statement was a direct response to an announcement published by the Securities and Exchange Commission (SEC) — also released on Wednesday — that warned it is “potentially unlawful” for cryptocurrency exchanges to list initial coin offering (ICO) tokens, as the agency deems many of these ICOs to be unregistered securities offerings.
Wu-Tang Clan rapper Ol’ Dirty Bastard, who died in 2004, is getting into the cryptocurrency game.
The late rapper’s estate is launching a utility token called Dirty Coin to fund music projects and other ventures.
Why, exactly? It’s simple, says the late legend’s son Bar-Sun Jones, aka Young Dirty Bastard: “Crypto is very big. The blockchain is one of the biggest inventions of our time. And I don’t want to be out of the party, I want to come in to the party.”
Indeed, if cryptocurrency was an underground basement party up until 2017, the recent price surge of bitcoin, litecoin, ether, and ripple turned it into a raucous house party. Celebrities, athletes, and artists like Paris Hilton, Floyd Mayweather, Richard Sherman, Jamie Foxx, The Game, and Wu-Tang rapper Ghostface Killah have rushed in.
rypto startups could use the best ICO marketing and PR advice, which is why they should pick up “6 Proven Steps to Attract ICO Investors” by Matyas Zaborszky.
Popular secure messaging app Telegram looks set to enter the cryptocurrency space, with plans underway for a major ICO.
The company is planning to raise $1.2bn in total, first with a $600m pre-sale restricted to venture capital backers and close investors, according to TechCrunch. This will be running from January to February on an invitation-only basis. Following the private pre-sale, Telegram is said to be planning a public sale in March, which will allow retail investors to enter. This sale aims to raise a further $600m.
Cryptocurrency, also known as virtual currency or digital currency, took the world by lightning storm in 2017.
Like real currencies, cryptocurrencies allow their owners to buy goods and services. However, much of the interest so far in these unregulated currencies is to trade them for profit, with speculators driving prices skyward.
More speculators seem to be piling in every day. In 2017, according to Business Insider, new cryptocurrencies raised more than $3.5 billion in initial coin offerings. An ICO is a type of fundraising similar to the initial public offerings of stock, in which the public is allowed to buy coins in the offering. Things only got hotter as 2017 progressed, and the ICO market remains red hot in 2018.
Telegram plans to raise $500 mln in a record-breaking pre-ICO to fund its new Blockchain platform TON. | News | Cointelegraph