As reported by leading Ethereum block explorer Etherscan, Ethereum hit over 1mn daily transactions on 28 June, the first time since May 2018 (see Exhibit 1). Exhibit 1: Daily Transactions of Ethereum Source: Etherscan There were 1,004,170 transactions confirmed on the Ethereum blockchain on 28 June, yet it is still lower than the peak on … Continue reading Ethereum Hit 1 million Daily Transactions since May 2018
While the United States Securities and Exchange Commission (SEC) once again delayed the decision regarding the Bitcoin exchange-traded funds (ETFs), the investment management firms are planning to sell a “limited version” to institutional investors on Sep 5th. VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption … Continue reading VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions
This article was provided by our content partner, Nexchange Now. Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.” “The finance minister and Venezuela’s central bank have new instruments which we will … Continue reading Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’
The Securities and Exchange Commission (SEC) previously set an Oct. 13 deadline for approving Bitwise Investments’ Bitcoin exchange-traded fund (ETF). With Bitcoin’s high volatility this year, its performance in 2019 remained bullish, although falling by over 20% in one week in September. Bitcoin reached its lowest level in July while hitting its high of over … Continue reading ‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise
China has been reportedly developing its central bank-issued digital currency for a while and is believed to be ready to launch by China’s central bank, People’s Bank of China (PBoC). Huang Qifan, the Vice Chairman of the China International Economic Exchange Center (CIEE), stated that the PBoC has continued to be committed to becoming the first country in the … Continue reading China’s Central Bank Rolling Out DCEP National Currency, While Saying ‘Libra Won’t Succeed'
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange. 3iQ announced that it had received a “favourable ruling” from the OSC for “The Bitcoin … Continue reading Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
This article is contributed by our content partner, Nexchange NOW. Regulators may think it’s the work of the devil but Facebook’s crypto project, Libra, has been “going strong.” In an announcement, the Libra Association declared that the much-maligned venture has been “going strong,” adding that the Libra testnet has logged over 51,000 transactions and a … Continue reading Libra Testnet ‘Going Strong,’ Boasts Over 51000 Transactions and 34 Projects
A recent court filing initiated by the United States Securities and Exchange Commission (SEC) compels Telegram to reveal bank records and other transactional documents showing how the raised funds have been used in the last two years.The filing stated: “Plaintiff respectfully moves to compel Defendants to answer questions and provide documents regarding the amounts, sources, and use … Continue reading Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO
Iconic 90s martial arts film star Steven Seagal has come under siege from the US Securities and Exchange Commission (SEC) who have made an executive decision to show the Aikido master that he is not above the law for his involvement in the Bitcoiin2Gen ICO of 2018. According to the SEC, Seagal will incur severe … Continue reading Steven Seagal Under Siege from US SEC for Shilling 2018 ICO
The US Securities and Exchange Commission’s (SEC) investigation into Telegram’s $1.7 billion initial coin offering (ICO) in 2018 has revealed that some very big names took part in the unregistered offering. According to a court document, one of the investors was Russian oligarch and Chelsea owner, Roman Abramovich who bought tokens (grams) via an offshore … Continue reading Chelsea Football Club Owner Abramovich Confirmed as Investor in Telegram's 2018 ICO