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SEC Details Action Taken Against ICOs During Financial Year

The U.S. Securities and Exchange Commission (SEC) Division of Enforcement has published its annual report, which includes a summary of the action taking by the regulator against ICOs over the course of the last financial year. The SEC states that “Given the explosion of ICOs...

BitMEX Research Launch Fork Monitoring Website

BitMEX launch of ForkMonitor.info, a new website sponsored by BitMEX Research. The website is connected to several different nodes, both Bitcoin and Bitcoin Cash implementations. It displays various pieces of information regarding the chains followed. This website can be useful for monitoring the situation...

T.I. Being Sued for $5 Million for Allegedly Defrauding Cryptocurrency Investors

T.I. and his business partner allegedly engaged in a “pump and dump” scheme involving their cryptocurrency and now a group of pissed off investors is suing them for securities fraud. According to court documents obtained by The Blast, a group of 25 investors claim...

South Korea’s Crypto Exchanges Bithumb to Launch US Security Token Platform

One of South Korea’s largest crypto exchanges by trading volume, Bithumb, announced its partnership with U.S. fintech company Seriesone on Oct. 31. Under the agreement, “Bithumb is investing in a Seriesone entity in South Korea to scale technical development and marketing,” Seriesone detailed, elaborating: Bithumb...

HSBC and StanChart Launch HK Blockchain Trade Finance Platform

A new blockchain-based trade finance platform, developed by HSBC (HSBA.L), Standard Chartered (STAN.L) and 10 other banks, was launched in Hong Kong on Wednesday to boost efficiency in the multi-trillion-dollar funding of international trade. HSBC said on Wednesday the platform, eTrade Connect, had allowed the...

Azerbaijan to use Blockchain Technology in Housing and Public Utilities

The Ministry of Justice of Azerbaijan is preparing to use blockchain technologies and SMART contracts in the housing and utilities sector, the Chairman of the Azerbaijani Internet Forum (AMF) Osman Gunduz told Trend Oct. 30. Gunduz noted that a meeting was organized Oct. 30, where...