Simple Agreement for Future Transactions is anything but simple
The U.S. Securities and Exchange Commission (SEC) hasn’t given SAFTS its blessing, which can lead to legal difficulties for both companies looking to issue SAFTS, as well as investors.
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UK man linked to $36M Bitcoin scam extradited to US
Renwick Haddow exchanged his Mediterranean home for a New York jail cell and is looking at two charges of wire fraud, according to the U.S. Department of Justice.
Indian exchange Coinsecure blames exec for $3.5M BTC theft
Coinsecure found out that 438.318 BTC was stolen from their company wallet. They claim, however, that the attack was not instigated by external entities, but by their own chief security officer, Dr. Amitabh Saxena.
Cryptocurrencies see huge revival; BTC price climbs 18%
Thursday could have been the defining point in the end of the three-month bear market for cryptocurrencies as a huge revival pushed the price of SegWit-Coin BTC up of around 18% in just 30 minutes.
Caribbean Tourism Organization pushes for cryptocurrency acceptance
Vacation on the Caribbean islands is about to get a little easier to achieve as the Caribbean Tourism Organization is working on a plan to have tourist-based businesses accept cryptocurrency payments.
Malta attracts yet another cryptocurrency exchange—OKEx
Hot on the heels of Binance declaring that it is coming to Malta, cryptocurrency exchange OKEx confirmed that it's also setting its sights on the Mediterranean Island.
Cryptocurrency is ‘Shariah compliant,’ study finds
Cryptocurrencies are compatible with Shariah law in most cases, except where they are banned by local laws, according to the findings of a study.
Police suspend blockchain conference in China
The Global Fintech and Blockchain China Summit 2018 was interrupted by police in Shanghai, bringing an immediate halt to proceedings and ejecting all delegates from the event.
Couple behind $17M BTC investment scam in the Philippines arrested
Arnel and Leonay Ordonio allegedly scammed 50 people into investing in SegWit-Coin BTC in 2017, promising 30% return on their investments every two weeks.
Chinese e-Commerce giant Alibaba sues Alibabacoin
Two Alibabas are at war: Chinese e-Commerce giant Alibaba.com is suing Dubai-based Alibabacoin Foundation, which launched and raised over $3.5 million through an ICO.
Lawsuit accuses JPMorgan of charging high fees for crypto purchases
JPMorgan Chase and Co has been slapped with a lawsuit on the exorbitant interest rates it allegedly charged a client who purchased cryptocurrency in Idaho.
nChain CEO Jimmy Nguyen: Philippines is the perfect market for virtual currency
In an interview with Bloomberg TV Philippines, nChain CEO Jimmy Nguyen admits that there's work to do, but the Bangko Sentral ng Pilipinas is doing right in creating sensible regulation to improve consumer confidence.
Telegram considers cancelling its ICO
Rumors have begun to surface that indicate Telegram might back away from its ongoing Initial Coin Offering.
Alibaba-owned Taobao outlaws ICOs, cryptocurrency
Online shopping platform Taobao has prohibited stores from promoting ICOs, cryptocurrencies, and other related goods and services.
Vietnamese startup swindles $660M with 2 ICO projects: report
Modern Tech has gone dark after allegedly defrauding 32,000 people out of $660 million in connection with two initial coin offerings, according to local reports.
Backpage founders charged with using crypto to launder $500M
The U.S. Department of Justice has dropped the hammer on Backpage.com and its founders, accusing the site of being a global player in prostitution-related activity.
NYSE: Investors trust cryptocurrency more than Federal Reserve
So popular is cryptocurrency as an investment option that even the chief executive of the International Exchange Inc. (ICE), owner of NYSE, admits that crypto is trusted more than the Federal Reserve.
Coinbase seeks SEC license for brokerage
The licensing would enable Coinbase to list a number of other tokens, including those previously ruled by the SEC to be securities.
India police nab rogue officers in $1.8M Bitcoin ransom case
The Gujarat police has filed a criminal complaint against eight police officers who allegedly kidnapped a businessman and forced him to pay the ransom in cryptocurrency.
Venezuela assembly green lights decree on cryptocurrencies
The Venezuelan parliament has enacted sweeping reforms that made the use of the country's oil-backed cryptocurrency, Petro, legal tender—at least in Venezuela.