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Coinbase Dumps Floundering Crypto Bank Silvergate: What You Need To Know
Thursday, March 2, 2023 - 11:42am | 352Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) announced Thursday that it has stopped accepting or initiating payments to or from Silvergate Capital Corp (NYSE: SI) out of an "abundance of caution." On Wednesday, Silvergate delayed the filing of its annual report...
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Former Celsius CEO Faces Lawsuit By NY AG For Alleged Investor Fraud Scheme
Thursday, January 5, 2023 - 12:10pm | 254New York Attorney General Letitia James claims Alex Mashinsky, the former CEO of cryptocurrency lending platform Celsius Network, defrauded hundreds of thousands of investors, including more than 26,000 New Yorkers, out of billions of dollars worth of cryptocurrency. The lawsuit alleges that...
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7 Upcoming ICO, IDO & IEOs To Watch In 2021
Wednesday, August 11, 2021 - 4:11pm | 655A combination of factors, such as higher institutional investment in the cryptocurrency market, the NFT (non-fungible token) boom and the popularity of meme coins such as Dogecoin (CRYPTO: DOGE) and SafeMoon (CRYPTO: SAFEMOON), has led to a massive number of new cryptos...
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Google Resumes Allowing Ads Related To Bitcoin, Other Cryptos — With Plethora Of Restrictions
Wednesday, August 4, 2021 - 4:56am | 405Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google has resumed allowing advertisements related to Bitcoin (CRYPTO: BTC) and other cryptocurrencies on its network, but the move comes with plenty of restrictions. What Happened: Google said it is allowing the advertisement of...
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McAfee Arrested In Spain, Faces US Extradition Over Tax Evasion Charges
Monday, October 5, 2020 - 9:30pm | 402John McAfee, the founder of the eponymous software firm McAfee Corporation, has been arrested in Spain and faces extradition to the United States over tax evasions charges, the U.S. Department of Justice said Monday. What Happened: The Tax Division of the Justice Department unsealed an...
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Cryptocurrency Startup To Pay $250,000 Penalty In SEC Settlement
Thursday, December 19, 2019 - 6:40am | 295The Securities and Exchange Commission has ordered a New York-based crypto startup to pay a fine of $250,000 for conducting an unregistered initial coin offering (ICO). What Happened The SEC, on Wednesday, has imposed a $250,000 penalty on a crypto startup for violating the registration provisions...
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Mayweather, DJ Khaled Charged With Unlawfully Touting ICOs
Thursday, November 29, 2018 - 6:00pm | 400Elon Musk is no longer the most talked about source of scrutiny from the SEC. Professional boxer Floyd Mayweather, Jr. and music producer DJ Khaled are now in the spotlight. What Happened The Securities and Exchange Commission Thursday afternoon announced charges against both Mayweather and Khaled...
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Fintech's Top Accountant Talks Blockchain, ICOs And More
Tuesday, November 6, 2018 - 5:37pm | 864The Benzinga Fintech Summit is a gathering of the top leaders in brokerage, payments and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event. For this installment, Benzinga interviewed Asael Meir, head of...
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How One Fintech Consulting Firm Separates Good ICOs From Bad Ones
Friday, November 2, 2018 - 1:56pm | 935The Benzinga Fintech Summit is a gathering of the top leaders in brokerage, payments and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event. For this installment, Benzinga interviewed Mark Li, Partner of BPM...
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New To Crypto? Here Are 5 Terms You Need To Know
Tuesday, May 15, 2018 - 7:41am | 446Cryptocurrency provides an alternative to traditional currency, which avoids centralized financial institutions. If you’re contemplating cryptocurrency as part of your investment portfolio or just curious what the hype is all about, you should know these basic terms. Blockchain Blockchains...
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Regtech Platform Launches For ICOs: 'We Are On A Mission To Build A Better Capital Market'
Wednesday, March 21, 2018 - 12:29pm | 440Initial coin offerings are hotter than ever. But with more than 300 ICOs filed so far this year, and more than 1,500 in 2017, it can be difficult for investors to tell the good ones from the bad ones. A number of platforms and regulatory experts are trying to assist inventors in fleshing out strong...
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6 Stocks Moving On News Of SEC's Crypto Probe
Thursday, March 1, 2018 - 11:50am | 466The U.S. Securities and Exchange Commission has launched a probe into the cryptocurrency market, issuing a flood of subpoenas to companies and advisors tied to digital currencies. Sources familiar with the matter told The Wall Street Journal the SEC is particularly interested in initial coin...
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Overstock Falls As SEC Probes 'Dozens' Of Companies Involved With Cryptocurrencies
Thursday, March 1, 2018 - 9:25am | 388Overstock.com Inc (NASDAQ: OSTK), an online retailer who recently expanded into blockchain technology, saw its stock fall more than 10 percent Thursday morning after confirming it may face an SEC investigation. What Happened The Securities and Exchange Commission sent subpoenas and requests for...
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The Biggest ICO Predictions For 2018
Thursday, February 1, 2018 - 12:14pm | 931Last week, the US Securities and Exchanges Commission ordered the shutdown of an Initial Coin Offering (ICO) by the crypto firm, AriseBank, and proceeded to sue the firm and its founders for alleged fraud. In one of its biggest catches in the murky ICO waters since declaring war on fraudulent...
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This Island Nation Wants To Become The First Regulatory Body Of ICOs
Thursday, November 16, 2017 - 1:36pm | 559Anguilla is moving to become the first regulatory authority on initial coin offerings and utility token offerings. The government of the Caribbean nation is considering the Anguilla Token Offering Act, or AUTO, which would establish the world’s first registration process for new...