Blockchain & Crypto Archives - Page 273 of 298

JPMorgan CEO Jamie Dimon Trashes Bitcoin as Fraud

September 13, 2017

The CEO of JPMorgan Chase, Jamie Dimon, is the latest high profile personality to take a potshot at Bitcoin, saying that it is a fraud and will blow up eventually. He compared the craze to the tulip mania whi...

Tether to Launch Tokenized US Dollars on Ethereum Blockchain

September 12, 2017

Tether, a company utilizing cryptocurrencies to represent fiat currencies, has announced the launch of Tether ERC20 tokens on the Ethereum blockchain. This is done in partnership with Ethfinex, a trading hub ...

FCA Warns of ICOs, Focusing on Firms Engaging in Regulated Activities

September 12, 2017

The UK’s Financial Conduct Authority (FCA) has just warned investors against the speculative risks inherent with initial coin offerings (ICOs). The announcement comes less than a week after the regulator prom...

Japan’s DMM Enters Cryptocurrency Mining Race

September 11, 2017

It appears that regulatory changes in Japan, favorable towards Bitcoin and cryptocurrencies in general, has ignited a mining race between the country’s internet giants. DMM.com Inc. has announced the establis...

Ethereum Founder Vitalik Buterin: We Are in an ICO Bubble

September 11, 2017

Vitalik Buterin, the founder of Ethereum, has made some very interesting remarks regarding the current ICO (Initial Coin Offering) market. In essence, he believes that the current trend of massive token sales...

UK FCA May Weigh Regulation of Cryptocurrency ICOs

September 7, 2017

Echoing the recent sentiments of other major financial regulators, the UK’s Financial Conduct Authority (FCA) said on Wednesday that it is “keeping a close eye on Initial Coin Offerings (ICOs)” and has expres...

Japan’s GMO Expands Cryptocurrency Business with Bitcoin Mining

September 7, 2017

Japanese online giant GMO Internet has announced its latest venture in the cryptocurrency space today – a Bitcoin mining business. GMO will operate a Bitcoin mining center in Northern Europe utilizing 7 nano-...

Malaysian Regulator Outlines ICO Risks to Investors

September 7, 2017

Initial coin offerings (ICOs) have caught fire across virtually every industry as a new form of crowdfunding. However, the rapid emergence of token-based fundraising activities has drawn caution from the Secu...

Chinese Regulators Ban Raising Funds via ICO Effective Immediately

September 4, 2017

After a wave of rumors and speculation over the weekend that China is about to ban blockchain startups raising funds via initial coin offerings (ICOs), the authorities have just confirmed the matter. The Peo...

Israeli Financial Watchdog to Evaluate Legitimacy of ICOs

August 30, 2017

Prof. Shmuel Hauser, head of the Israeli Securities Authority (ISA), announced today the establishment of a committee that will review the need to regulate initial coin offerings (ICO). The committee’s mandat...