The Canadian company Kik Interactive, the developer of the Kik mobile messenger, will cut 70 employees of the cryptocurrency division, Calcalist reports. Kik CEO Ted Livingston wrote in a blog post that the company will close the messaging app and reduce the team to 19 people to focus on developing the Kin token ecosystem. According to Livingston, the decisions taken will reduce the average monthly cost of the company by 85%. […]
SEC
September 23, at 03:00 Moscow time, ICE Futures US, one of the world's largest commodity markets, launched Bakkt futures trading,…
Chairman of the US Securities and Exchange Commission (SEC) Jay Clayton said that bitcoin needs more regulation for listing on large exchanges. It is reported by CNBC. “If investors believe that Bitcoin pricing is as strict as on the Nasdaq or the New York Stock Exchange, then they are very mistaken. We must get to the point where we are sure […]
Traditional banks are starting to adopt the idea of doing business through blockchain platforms using cryptocurrencies. From Bitcoin to Ethereum…
Dapper Labs, the developer of the game CryptoKitties, raised $ 11.2 million to create the Flow blockchain, Forbes reports. Investors included Andreessen Horowitz, Digital Currency Group and Warner Music Group. They have acquired stakes in the company, but will be able to convert them into Flow native tokens after approval by the US Securities and Exchange Commission (SEC). The Flow blockchain is focused on […]
Chairman of the US Securities and Exchange Commission (SEC) Jay Clayton saw progress in work on the Bitcoin ETF. At the same time, the department has doubts. In an interview with CNBC, Clayton emphasized that there is no proper custodian in the industry. He also pointed out the threat of price manipulation on unregulated exchanges. The head of the SEC acknowledged that cryptocurrency enterprises are already much closer to […]
Investment Management Companies VanEck Securities Corp. and SolidX Management plan to allow institutional investors to work with a Bitcoin (BTC)…
After another SEC delay, the VanEck and SolidX team decided to introduce a “limited version” of Bitcoin-ETF for institutional investors.…
Bitcoin mining is the most important driver for the development of the crypto world. At the beginning of the last…
Russian-based research firm ICORating has agreed to pay fines of $ 268,998 to the US Securities and Exchange Commission (SEC). SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets https://t.co/G9SMJfddvk – SEC_News (@SEC_News) August 20, 2019 So, representatives of the department accused the organization of […]