Props Announces First SEC-Approved Consumer-Facing Blockchain Token

Delaware-based blockchain organization Props PBC has released a token approved by the United States Securities and Exchange Commission under Regulation A+, according to a press release shared with Cointelegraph on June 11. According to the company, this is “the first consumer facing crypto token qualified by the SEC” via Reg A+. As previously reported, Reg A+ is an alternative…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Spanish Police: Bitcoin ATMs a Blind Spot for Money Laundering Laws

Spanish law enforcement pointed out that Bitcoin (BTC) automated teller machines (ATMs) show a gap in European Union’s Anti-Money Laundering (AML) regulations, Bloomberg reports on July 11. Per the report, Spanish police uncovered a local gang that used Bitcoin ATMs to transfer more than 9 million euros ($10 million) for drug traffickers in Colombia and other countries. Bloomberg cites anonymous representatives…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Cadence Launches Blockchain-Based Tokenized Debt Marketplace

Cadence, an American blockchain-based alternative investment provider, has launched an investment platform for debt, according to a press release shared with Cointelegraph on July 10. By launching its private credit investment platform, Cadence aims to bring more transparency and efficiency to the asset class in order to help companies grow their businesses. Cadence turns commercial debt into digital tokens that can be traded on its…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Local Cryptocurrency May Come to South Korea

The second most populated city in South Korea, Busan, may launch a local cryptocurrency. This information comes from ETnews, a publication on Korean tech news. Busan city officials are working in conjunction with BNK Busan Bank, which is part of BNK Financial Group. The goal is to develop a digital currency which is blockchain based.…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Circle CEO Views Libra As Having “Massive” Impact On Crypto Awareness

CEO of Circle, Jeremy Allaire discussed the current activity taking place within the crypto sphere, with news outlet, Bloomberg’s Joe Weisenthal and Romaine Bostick on Friday, July 5, 2019. Some of the topics that the discussion was founded on include Facebook’s endeavor, Libra, how Libra is one of two different types of stablecoins and how Facebook’s move could potentially lead…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Credits Incorporates ChainLink’s Oracle In Its Quest To Develop Blockchain Key Solutions

Credits, the fast and super-scalable DApps-oriented Blockchain platform, and Chainlink are coming together to jointly develop the next revolutionary tech advancements for Blockchain. This latest development is coming at a time when Chainlink, a Blockchain-powered Oracle network provider for Smart Contracts, has been dominating the space. Credits Blockchain platform’s autonomous smart contracts and the credits solution has immensely…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Federal Judge Sentences Cryptocurrency Scammer to 86 Months in Prison

A scammer has been sentenced to 86 months in prison for running a cryptocurrency-related scheme, the United States Department of Justice (DoJ) reports on July 1 In addition to the 86-month prison sentence, United States District Judge Sandra J. Feuerstein ordered 44-year old New Jersey resident Blake Kantor to pay a total restitution of $806,405 distributed to the victims who invested in…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Blockstream Enables Atomic Swaps for Liquid Sidechain Assets

Blockchain infrastructure firm Blockstream has launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network, according to an announcement published on July 1. The Liquid Network is a federated sidechain on the bitcoin (BTC) blockchain that functions as a settlement and payments network for crypto exchanges, market makers, brokers, and other financial…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email

Tether (USDT) Remains King Of Stablecoins Still

Tether, the controversial stable coin has somehow learned the art of survival, especially at times when most of the community is betting against it. The stable coin has been at the center of numerous controversies right from the time of its inception. First, it was the dubious claims over its US dollar reserves, then the…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email