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Cryptocurrency

Korean Crypto Exchange Sued for Controversial Token Schemes

Korean Crypto Exchange Sued for Controversial Token SchemesA lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals The Lawsuit South […]

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Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency

Japanese Internet Giant GMO to Launch Yen-Pegged CryptocurrencyJapan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Yen-Pegged Stablecoin GMO Internet Group announced Tuesday […]

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‘Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland

Crypto Fund Gets Go-Ahead to Manage Cryptocurrency Investment Funds in SwitzerlandEmerging Swiss virtual currency fund, Crypto Fund AG, said on Tuesday it had been given an asset management license by the Financial Market Supervisory Authority (Finma). The license allows the company to manage crypto-related investments within Switzerland and to solicit for others elsewhere. Crypto Fund will also be authorized to provide investment advice to corporate […]

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First Major Bitcoin Cash ICO Raises $30M in Record Time

First Major Bitcoin Cash ICO Raises $30M in Record TimeOn Oct. 8, 2018, the blockchain firm and mining pool Viabtc finished the first high-value initial coin offering (ICO) using the Wormhole protocol and Bitcoin Cash chain. According to exchange data, the Viabtc Token ICO raised US$3,700 per second capturing a total of $30 million in 2.2 hours. Also Read: Electron Cash Developer Reveals In-Wallet BCH […]

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Cashtippr Plugin Allows Money Button Integration on WordPress Sites

Cashtippr Plugin Allows Money Button Integration With Wordpress SitesOn Sept. 13, a new application called the Money Button launched, giving content creators the ability to embed bitcoin cash (BCH) payment buttons into websites. Not long after the release, a developer named Ekliptor published Cashtippr, a plugin that integrates the Money Button into WordPress-themed websites, so content creators can earn BCH tips. Also Read: Electron […]

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ICO Activity Down 90% This Year, Research Shows

ICO Activity Down 90% This Year, Research ShowsAn independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm. Also read: 160 Crypto […]

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