Tag Archives: Ethereum

SEC Suspends CryptoCurrency/Blockchain Companies

For the first time, the Securities and Exchange Commission has suspended trading in three firms that have made public claims about crypto-currency and blockchain, not that they have been involved in an Initial Coin Offering (yet). The suspension resulted from … Continue reading

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Buffett Wingman Hates Bitcoin

Could be a generational thing, but 94 year old Charlie Munger, Warren Buffett’s wingman, hates Bitcoin. He calls the crypto-currency “a noxious poison,”and said that the government should crack down on it as was done in China. To be clear, … Continue reading

Posted in accredited investor, balance, Banking, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, discrepancies, Funding Portals, Legislative Intent, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Crypto-Currency Trends Emerging

Some crypto-currency trends are starting to appear: (i) when Bitcoin moves, many other alt-coins follow; (ii) there is no way to value crypto-currencies; (iii) crypto-currencies are being used more for trading than as a medium of exchange; (iv) the crypto-currency … Continue reading

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Banks Ban Use of Credit Cards To Buy Bitcoin

The money center banks, CitiGroup, Capital One,Bank of American and JP Morgan have now banned the use of their credit cards to buy Bitcoin. This is in reaction to many consumers who are leveraging their purchases using credit card debt. … Continue reading

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Crowdfunding Tokens For Film Just Another Unregistered ICO

What is being touted as the “first ever crowdfunding for motion pictures” went live yesterday as just another initial coin offering that appears to be unregistered with the Securities and Exchange Commission. Futureworks is “gifting” tokens on the ethereum blockchain … Continue reading

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Hacked Japanese Crypto Exchange Promises Discounted Refunds

More bad news for crypto-currencies as the Japanese exchange reported the largest hack in crypto history, >$500 million. But, the exchange, Coincheck has promised to pay its 260,000 customers for their losses out of its own pocket (but doesn’t know … Continue reading

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ICO Crowdfunds Promising No Value

If you bought Bitcoin at $20,000 a few weeks ago, yesterday’s close at $10,236 might have you feeling a bit blue. With a nod to PT Barnum, perhaps you should look at the UET, otherwise known as the Useless Ethereum … Continue reading

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