Tech 15 November 2019

Bitmain rival Canaan seeks up to $100 million through its IPO

Canaan, the world's second-largest crypto miner producer, intends to raise about $100 million in its U.S. IPO on November 20.

Business 14 November 2019

Telegram denies Gram token is security in latest SEC case filing

The messaging app asked the U.S. courts to dismiss the action raised by the SEC, rejecting suggestions that its token sale was an unregulated securities offering.

Tech 8 November 2019

Crypto miner Canaan revenues top $100M as IPO looms

Canaan has earned profits in the order of 94 million yuan in Q3, equivalent to around $13 million; however, it remains in the red for 2019 after weak trading earlier in the year.

Business 4 November 2019

Veritaseum ICO issuer ordered to pay $9.5M in settlement

The SEC is on it again, this time settling with Veritaseum issue Reginald Middleton for $9.5M.

Business 1 November 2019

XBT First Global Credit charged by SEC over BTC security swaps

The company was advertising to U.S. customers without being a registered security based swap service. That’s a no no.

Business 31 October 2019

Bitmain quietly files for US IPO amid internal power struggles

The crypto mining equipment manufacturer has reportedly refiled its application for an initial public offering (IPO) in the United States, after hopes of an initial bid were dashed earlier this year.

Business 30 October 2019

SEC ridicules Kik’s legal arguments, requests a dismissal

Kik argues the SEC’s definition of a security is vague, but the SEC has 70 years of jurisprudence on their hands.

Business 25 October 2019

Telegram investors agree to TON launch delay

Investors in messaging app Telegram have agreed to a plan that would delay the launch of their native token TON.

Business 23 October 2019

Telegram wanted to list Gram token before SEC stepped in

The SEC has received confirmation that Telegram had been in contact with at least one crypto exchange in an effort to have Gram listed by the exchange.

Business 16 October 2019

SEC soliciting comments yet again on crypto ETFs

Securities and Exchange Commission (SEC) in the U.S. is looking for input on yet another proposal before it, too, is rejected.

Business 14 October 2019

SEC clarifies rules for money services businesses, stops Telegram cold

The SEC is making plenty of news, with clearer rules for MSBs and an action to stop Telegram in its tracks.

Business 10 October 2019

SEC denies Bitwise crypto ETF proposal yet again

U.S. Securities and Exchange Commission (SEC) has denied yet another attempt to introduce a cryptocurrency exchange-traded fund (ETF).