The United States Securities and Exchange Commission (SEC) has denied a public information request for documents related to blockchain startup Tezos’ cryptocurrency project, saying relinquishing such documents could impact either an investigation or enforcement actions. According to Reuters reports late last week, the SEC declined to...
After a spectacular closeout to 2017 – with new price records being broken nearly as soon as they could be set – the early days of 2018 have proven to be much more difficult. Gravity has come to call on bitcoin after seemingly forgetting its...
In 2017, cryptocurrency startups raised $5.6 billion through ICOs (initial coin offerings, a fundraising strategy by which creators of digital coins and tokens like bitcoin and Ethereum sell their tokens to investors in order to fund the currency’s launch). With so many ICOs underway, one...
One of the European Central Bank’s (ECB) top policymakers is the latest in a host of leaders calling for regulation of digital currencies, Reuters reported. Cryptocurrencies — and the financial institutions that trade them — need to be more closely watched by regulators, ECB Executive Board...
It’s hard to separate the headlines, sometimes, beyond the vagaries of huge price swings in bitcoin and cryptocurrencies. It’s hard, sometimes, to find the tunes the market might be fashioning beyond the cacophony of daily trading. But if the promise of blockchain seems to...
Even in the face of government regulation, Tyler and Cameron Winklevoss are bullish on cryptocurrency, Bloomberg reported. “These technologies can’t flourish and grow without thoughtful regulation that connects them to finance,” Tyler Winklevoss, chief executive and co-founder of the Gemini Exchange, said in a Bloomberg Television interview....
Like companies caught up in the 1990s dot-com bubble, the head of Goldman Sachs’ Global Investment Research unit believes most cryptocurrencies will likely fail and end up having no value. In an note, Steve Strongin said that most of today’s cryptocurrencies are “unlikely” to make...
As the price of bitcoin plummets, Treasury Secretary Steven Mnuchin is teaming up with other agencies to regulate cryptocurrencies, CNBC reported. “The Treasury secretary has been out in front on this. He’s formed a virtual currency working group of ourselves, the SEC, the Fed” and the Financial...
After a report indicated that a bug in Ledger Wallet’s software could allow users to be duped into sending cryptocurrency to hackers, the hardware wallet company took to Twitter to remind customers to be careful when transferring digital coins. Ledger told users to “always verify...
