SEC Slaps ‘Fraudulent’ ICO Founder With $30K Fine, Lifetime Ban
The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called “fraudulent.”
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Bank of China Reveals Machine That Converts Foreign Currency to Digital Yuan: Report
The Bank of China has shown a machine that converts foreign currencies into digital yuan, China Times reported today.The machine is likely in preparation for the 2022 Beijing Winter Olympics, when the central bank digital currency (CBDC) is set to be introduced to the rest of the world.Users need to link their passports to the…
Vibe Check: Ether Finds Support: CoinDesk Indices’ Todd Groth
It looks like we’ve hit a decent level of support for ether (ETH) as we hug the $2,200 level and, coincidentally, the 38 Fibonacci retracement level - one of the indicators traders use to gauge potential price stall or reversal.ETH finds support at $2,200 level (TradingView/CoinDesk)Bitcoin and ether trend indicators (CoinDesk Indices)As we wait for
Floki Developers Propose Staking and Utility Token Plans
Floki (FLOKI) developers plan to introduce a staking feature in return for a new utility token, chief developer “B” told CoinDesk in a Telegram message on Wednesday. The staking feature and the new token will increase investor interest in the Floki ecosystem.The main way to earn the new yet-unnamed token will be by staking FLOKI
Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Ethereum’s Shanghai upgrade went live Thursday, Asia time, allowing those that have staked their ether to begin the unstaking process.On-chain data tracked by Rated network…
Bitcoin News Roundup for Feb. 27, 2020
Feb 27, 2020 at 17:00 UTCUpdated Feb 27, 2020 at 17:29 UTCFor early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's news:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica…
Judge Calls Out Kleiman Attorneys Over ‘Excessive’ Fees in Craig Wright Case
Mar 19, 2020 at 15:00 UTCUpdated Mar 19, 2020 at 15:22 UTCJudge Calls Out Kleiman Attorneys Over ‘Excessive’ Fees in Craig Wright CaseThe legal team representing the brother of Craig Wright's deceased business partner greatly overclaimed on legal fees, according to the judge overseeing the case.Magistrate Judge Bruce Reinhart of the federal court of the…
Zoom’s CIO Sees a Rise in the Decentralized Workforce
Harry Moseley image via CoinDesk videoZoom might not be a decentralized app but as the go-to video conferencing tool for crypto project communications, it is seen by many as an important enabler of the industry’s various decentralized communities. Harry Moseley, a technologist with an eclectic career who is now Zoom’s chief information officer, sat down…
Square to Consider Building a Bitcoin Mining System
Payments service provider Square is looking to develop a bitcoin mining system, the company’s CEO Jack Dorsey tweeted on Friday.“Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide,” Dorsey wrote.In his threaded tweets, Dorsey wrote that mining needs to be more distributed and energy-efficient,…