On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Gale Watson, Jr.,…
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South Korea’s OK Financial Group – one of the nation’s biggest moneylenders and savings banking services providers – has unveiled plans to create a cryptoasset. The company will become one of a growing cohort of firms that are hoping to launch tokens, and this appears to indicate that the days of the nationwide ban…
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The South Korean government will step up the launch of a new regulatory body to police the crypto sector – and could fast-track its creation as a direct response to what it has dubbed the “terra (LUNA) incident.” In an exclusive article, Newspim reported that the body, to be named the Digital Assets Committee…
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South Korea’s President-Elect Yoon Suk-yeol has indicated he is ready to come good on some of the crypto-related campaign promises that helped him win power earlier this year – and could end an initial coin offering (ICO) ban that dates back to 2017…. Read More: Brace for More S Korean Altcoins as President-Elect Prepares…
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The bull market may be over, but that doesn’t mean traders have to stop investing. Here are a few ways to invest in crypto even during a bear market. For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come…
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ENF Founder Yves La Rose says that they are planning “to seek $4.1B in damages” against the EOS creators. In a new chapter of the EOS community versus creators saga, the EOS Network Foundation’s (ENF) founder and “community-elected CEO” Yves La Rose revealed that they are preparing for a legal “war” against EOS creators Block.one.…
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The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.” Two Fraudulent Crypto Schemes The SEC announced Thursday that it…
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A group of South African cryptocurrency investors have voiced concerns about the fate of their investment in the Fight to Fame (F2F token) after they reportedly were unable to withdraw their funds as promised. Token Sale Attracts Over 2,000 Applicants According to an IOL report, the investors had invested in a token that was promoted…
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The company aims to develop a decentralized data query system following new funding. Subsquid, a query node framework for Substrate-based blockchains, announced Thursday that it has closed a $3.8-million seed round led by Hypersphere Ventures. The company said that it expects to use this seed capital for developing the first blockchain indexing solution. The new…
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New research asserts that EOS and ETH were wash-traded on exchanges to manipulate prices during EOS’s multi-billion dollar ICO. New research has shed more light on the crypto industry’s largest-ever token sale, alleging that foul play may have been afoot during EOS’s initial coin offering (ICO) four years ago. Researchers from the University of Texas…
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