Tron founder Justin Sun has thrown a jab at Ethereum and EOS, announcing on Twitter that the company wishes to create a fund to “rescue” dApp developers working on both platforms on the condition that they move their dApps to the Tron network. #TRON will build a fund to rescue #ETH and #EOS developers from
On December 6, 2018, cryptocurrency exchange heavyweight Binance announced the launch of its sub-account support, exclusively for institutional traders. Binance revealed that multiple requests put forward by Binance users prompted the exchange to introduce the feature. A Look into the New Feature According to the official Binance blog, the upgrade will enable several entities to set up multiple sub-accounts under…. , Bitcoin, Blockchain & Cryptocurrency News
A law professor has reached an unflattering conclusion regarding the regulatory climate of the crypto space in the United States — it’s confusing! According to Carol Goforth, who teaches at the University of Arkansas School of Law, “overlapping regulations produced by a multitude of distinct agencies with different missions and priorities” has resulted in a
KFC in Venezuela is accepting payments using the cryptocurrency Dash starting this week, joining a growing list of fast-food chains that accept crypto in Venezuela, including Subway and the Papa John’s pizza chain. KFC will initially roll out the program at its store in the Venezuelan capital of Caracas before expanding to 24 other locations across
Neufund, a platform that claims to enhance real-world assets with legally enforceable security tokens, has joined forces with Ledger, a France-based global manufacturer of hardware cryptocurrency wallets, to launch a highly secure blockchain platform to enable users to manage their real-world security tokens, according to a press release on December 6, 2018. A Robust Framework for Security Tokens As stated…. , Bitcoin, Blockchain & Cryptocurrency News
STOs have been underlined as “illegal financial activity in China” by the governor of the Chinese central bank
A blockchain system for oil and gas production has been successfully tested by a United Arab Emirates national company
In the bull market of 2018, initial coin offering (ICO) projects in the crypto market raised tens of millions of dollars on average from investors in the public market to create decentralized applications (dApps) and systems. Fast forward 12 months, most of the ICO projects that currently exist in the sector have either have no
On December 7, 2018, the United States Securities and Exchange Commission (SEC) issued a cease and desist order and a penalty of $50,000 against Delaware-based crypto assets fund firm CoinAlpha Advisors LLC. SEC Hits Crypto Fund for Violating Securities Law According to the filing published on the commission’s website, the SEC charged CoinAlpha Advisors LLC for acting as an…. , Bitcoin, Blockchain & Cryptocurrency News
A constitutional appeal will be filed in South Korea over its ICO ban by a local blockchain startup