Daily, May 07, ’18

China, Coinbase, Russia, SEC, ETH, BTC

  • 12 Chinese banks said they deployed blockchain applications in 2017.
  • Coinbase prepares to increase its transaction capacity by 1000%.
  • Russian Court recognized cryptocurrency as a valuable property.
  • SEC and CFTC have to decide whether Ethereum is a security or not.
  • Bitcoin looks for price support after failed $10K crossover.

Bitcoin

BTC
Price
8,744 USD -0.58%
Volume, 24h
3,497,717,274 USD
0.00%
Marketcap
153,922,072,217 USD
56%
Emission
84%

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ICObox Busted: US SEC Charges ICO Incubator and Founder for Unregistered Offering and Broker Activity

The post ICObox Busted: US SEC Charges ICO Incubator and Founder for Unregistered Offering and Broker Activity written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics The Securities and Exchange Commission has sued ICOBox and its founder Nikolay Evdokimov for both a $14 million token sale (or securities offering according to SEC) and for acting as unregistered brokers for other digital asset offerings.  And The SEC is not pulling any punches – it seeks injunctive relief, disgorgement with prejudgment interest and […] The post ICObox Busted: US SEC Charges ICO Incubator and Founder for Unregistered Offering and Broker Activity written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics
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