Tagged: arca

Block.one, Creator of EOS, Settles with the SEC. Was it a Slap on the Wrist? Did EOS Get a Pass from the Feds?

Earlier this week it was announced by the Securities and Exchange Commission (SEC) that it had settled with Block.one, creator of EOS, regarding allegations of issuing unregistered securities during an initial coin offering (ICO) that raised a record-breaking $4 billion. The fine assessed by the… Read More

Arca: It’s All Speculation, Crypto No More So. Also, Please Buy Our Tokens

The latest blog post from “full-service (digital asset) investment management firm” Arca tries to contend that crypto-asset investing is not much more speculative than traditional sorts. But Arca is not a neutral commentator. The company has invested early in LEO tokens, for example. LEOs are… Read More

Leverage Moving the Needle on Bitcoin, Not New Money, Traders Say

Several professional cryptocurrency traders are claiming that leverage and “whales” are behind Bitcoin’s recent massive price fluctuations and not coveted “new money.” According to Jeff Dorman, chief investment officer at ArcaFunds: “The Bitcoin price ascent from $4k-$10k was based on a confluence of real factors (depreciating… Read More

SEC Delays Decision on Bitwise Bitcoin ETF Proposal, Seeks Comments From Interested Parties

The US Securities and Exchange Commission (SEC) has granted itself more time to consider a request for a rule change that would allow Bitwise Asset Management to list a Bitcoin ETF product. Bitwise is a subsidiary of ICE, owners of the New York Stock exchange… Read More

Are IEOs (Initial Exchange Offerings) Any Better than ICOs?

“Vetted” retail investors are lining up to buy a revamped version of ICOs (initial coin offerings) called IEOs (initial exchange offerings), digital tokens “curated” by trading platforms, Bloomberg reports. After a slew of bad press and bad results over the past few years, ICOs have… Read More

Arca: We Believe that Crypto and Blockchain as an Asset Class is Most Suitable for Institutional Investors

As the heady days of initial coin offerings continue to dim, proponents of digital securities are moving to leverage blockchain to issue digital assets in a regulated and compliant manner. In the US, if you issue a tokenized offering it is pretty much a security… Read More

Following Settlement with the SEC, Paragon Claims it is “Making History” Calls SEC Enforcement Action a Positive Agreement

Cannabis focused blockchain startup Paragon (Paragon Coin) has issued a press release following the Securities and Exchange Commission’s (SEC) announcement last week that Paragon had settled with the SEC regarding charges of issuing an unregistered security. Paragon was one of two ICOs that were deemed… Read More

Surprise! SEC Stays Rejection of Bitcoin ETFs Pending Review

An SEC decision to disapprove the listing of several Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange(NYSE) has been stayed pending review. Commissioner Hester Pierce announced the stay yesterday on Twitter. The SEC had ruled the day before to deny a rule change… Read More

Send this to a friend