Tagged: cryptocurrency

New Law in Japan Officially Recognizes Bitcoin

Only a few weeks since the SEC denied two separate bitcoin ETF applications, there may be some good news coming out of Japan for supporters of Bitcoin. On April 1, a new law went into effect in Japan allowing for the country’s first officially recognized… Read More

Why Your Initial Coin Offering Is Probably Regulated By Securities Law

It seems that at least once a week nowadays, I get a call asking whether an initial coin offering (ICO) is regulated at all, and the question came to a head at a recent Legal Hackers LA discussion on smart contracts by Daniel Rice. The… Read More

Swiss Company Lykke Offers Forward Contract with 20% Discount on Cryptocurrency

Lykke, a Zurich-based Fintech firm that wants to become the “world’s first regulated marketplace built on cryptographic technology” is offering a one-year forward contract on a bespoke cryptocurrency or Lykke Coin with a 20% discount. Announced last week, Lykke basically will provide a 20% discount… Read More

Unocoin Finds Pre Series-A Pot of Gold, Raises Record Amount for Indian Currency Venture

Unocoin, a Bangalore based Bitcoin startup, has raised $1.5 million in a Pre Series-A round, the highest total raised for a digital currency venture in Indian history, said the platform. Funding was sourced from Blume Ventures, Mumbai Angels and ah! Ventures along with prominent international investors such as Digital Currency… Read More

DLT Financial & London FinTech Startup Tramonex Releases Global Crypto-Currency Financial Index “DLT10”

On Thursday, DLT Financial and London-based fintech company Tramonex, announced the launch of DLT10, a crypto-currency financial index. The companies stated the index was designed to track the performance of major digital currencies that run on public blockchains and unlocks information and access to the 10 most… Read More

Genesis Mining to Offer Bitcoin Mining Fund to Investors

Genesis Mining has filed a form D (506(c)) with the Securities and Exchange Commission to launch the “world’s first” Bitcoin mining fund. The fund is listed under Logos Capital Fund LLP with a minimum investment of $25,000. The new Bitcoin fund will target accredited investors… Read More

Wipe Out: Koinify Closes Down its Cryptocurrency Crowdfunding Platform

Koinify, a crowdfunding platform for cryptocurrency projects, will cease operating website and data custody operations, essentially deleting all wallets and coin holdings of users who participated in campaigns and did not move their coins elsewhere. “Following previous notice, please note that Koinify site is officially shutting… Read More

“Bitcoin Has Failed” States Prominent Bitcoin Expert Mike Hearn

“Despite knowing that Bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly. The fundamentals are broken and whatever happens to the price in the short term, the long term trend should probably be downwards. I will no… Read More

SEC Calls for Entry of Default Against Bitcoin Miners Gaw Miner / ZenMiner

The Securities and Exchange Commission charged two Bitcoin mining companies for a Ponzi Scheme last month as part of an ongoing investigation into the activities of Homero Joshua Garza. Yesterday the SEC filed for an entry of default as  Garza apparently has not responded to… Read More

Overstock Gets SEC Approval to Issue Shares Using Blockchain

Overstock, a publicly traded company managed by maverick CEO Patrick Byrne, has received SEC approval to regarding a plan to issues shares using Bitcoin Blockchain.  According to a filing with the SEC, the use of the “technology and distributed ledger technology by the Pro Securities… Read More

Brief: Reportlinker Conducts Research on Bitcoin

Reportlinker, a market research solution company, announced on Wednesday its new research on cryptocurrency, Bitcoin. The company shared: “Bitcoin is the first successful digital currency. Its success lies in its ability to create consensus for a transaction database, a blockchain, between a large number of… Read More

Naya Coin Partners with Lean In Los Angeles & K5 Ventures on “Positive Impact Currency”

Naya Coin, a positive impact currency, is launching to help organizations incentivize social issues. The digital currency may be awarded to for verified employee volunteer work and used to purchase unique services from the App’s marketplace.  Naya Coin states its objective to help organizations create… Read More

Bitcoin Capital Crowdfunds $1M+ on BnkToTHeFuture.com, Max Keiser & Simon Dixon to Manage New Fund

“There is so much happening with peer to peer, crowd funding, bitcoin and block chain technology that it is taking the investment community and financial sector by surprise. We know the sector inside-out and provide a very easy way for investors to get started and… Read More

Cybersecurity Expert Michael Perklin Joins Cryptocurrency Software Company Ciphrex’s Board of Advisors

Cybersecurity expert Michael Perklin has joined Ciphrex’s Board of Advisors, reinforcing the cryptocurrency and blockchain technology software company’s commitment to building products that support the industry’s highest levels of security. Perklin is founder and president of the CryptoCurrency Certification Consortium (C4), which is considered the first organization dedicated to… Read More

Hong Kong Sees Fintech Growth: Accenture, Cyberport & Bitcoin Trader MyCoin.hk Blaze the Trail

John Tsang, the Financial Secretary of Hong Kong, stated China would be “an ideal place” to develop into a financial technology hub; venture capitalists are increasingly seeing the potential for fintech investment opportunities in Hong Kong, according to a release. Herman Lam, CEO for the creative digital community… Read More

FundedByMe Now Accepts Bitcoin as it Offers Equity in Bitcoin Trading Platform Safello

Appropriately – international funding platform FundedByMe is now accepting Bitcoin.  The announcement has been matched with the launch of an equity crowdfunding campaign for Safello, a Bitcoin trading platform that is already halfway funded. FundedByMe is using the Safello offer as a Pilot Program to test… Read More

Poland’s InPay Allows Backers to Buy Equity By Using Bitcoin

Last week, Warsaw-based bitcoin payment solution provider, InPay, launched an equity crowdfunding campaign on Beesfund to raise 200,000 zloty, which is around $60,000, so it may be able to develop and expand to other markets. Through the platform, the company will be allow backers to use… Read More