History was made last week after Donald Trump publicly addressed Bitcoin (BTC) and the cryptocurrency industry, becoming the first sitting president to do so. The president took to Twitter on Thursday to share the fact that he’s “not a fan of Bitcoin and other cryptocurrencies,” citing his concerns over their utility as a means of […]
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Rick Fox Leaves Echo Fox Following Racist Comments From Shareholder
Former NBA All-Star Rick Fox, the owner of esports organization Echo Fox, is reportedly leaving the organization following an incident where a limited partner allegedly used a racial epithet both in person and via email. Regarding the recent news around Echo Fox. pic.twitter.com/P448ZuePNe — Echo Fox (@echofoxgg) April 26, 2019 According to a recent report […]
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The SEC Sets Deadline to File Comments for or Against Bitcoin ETF Applications
The U.S. Securities Exchange Commission (SEC) is getting ready to review its decisions regarding Bitcoin ETF applications. With this in mind, the SEC is inviting parties or persons to file public statements in support of, or in opposition to, Bitcoin ETFs. This review could affect nine Bitcoin ETF applications.
The SEC Gets Ready to Review its Decisions on Bitcoin ETFs
The SEC has set October 26th, 2018, as the deadline for the reception of public comments about the rule change petition to list and trade shares of GraniteShares Bitcoin ETF, and the GraniteShares Short Bitcoin ETF.
SEC Begins Reviewing Physically-Backed Bitcoin ETF, Will Examine 1,400 Comments
The U.S. Securities and Exchange Commission (SEC) announced on Thursday that has begun a formal review process for the physically-backed bitcoin ETF proposed by VanEck and SolidX. According to the order dated Sept. 20 and published on the SEC’s website, the regulatory agency will now consider whether, pursuant to federal securities guidelines, it should approve
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Ethereum Co Founder Explains Crypto Comments
The inventor and co-founder of Ethereum, Vitalik Buterin has explained his recent statement in that blockchain won’t see 1,000-times growth again.
In an interview with Bloomberg, Buterin said that:
“If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000 times growth in anything in the space anymore.”
Buterins partner and other co-founder of Ethereum and ConsenSys, Joseph Lubin, responded to these comments when speaking to CNN saying:
“Vitalik is brilliant, but I would have to disagree with him on that.
SEC Flooded With Positive Bitcoin ETF Comments
The U.S. Securities and Exchange Commission (SEC) has received an influx of comments on behalf of cryptocurrency enthusiasts on the matter of the approval of a Bitcoin ETF.
On June 26th, Cboe Global Markets filed an application with the SEC seeking an approval of a Bitcoin Exchange Traded Fund (ETF). The agency published the application and invited the public to comment on the matter.
Massive Interest for a Bitcoin ETF
The SEC invited the public to comment on the matter of a Bitcoin ETF approximately three weeks ago. Since then, more than 90 people have submitted their comments.
SEC Seeks Comments on Another Bitcoin ETF
The Securities and Exchange Commission (SEC) is seeking comments on another bitcoin-based exchange-traded fund (ETF). The proposal in question calls for the listing and trading of SolidX bitcoin shares, and stems from the VanEck SolidX Bitcoin Trust, which states it will invest in “bitcoin only.”
VanEck and SolidX first joined forces in early June. This will be the former’s third attempt to build a bitcoin investment project from the ground up.
A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments
On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security. The statement carries weight.
His words led to a flurry of speculation about the potential implications of what this means for Ethereum as well as the larger cryptocurrency ecosystem with regards to development and regulation.
GENEXI Biotech Accelerator Comments on GEN Tokenomics
On June 1, 2018, GENEXI Biotech Accelerator will launch the sale of its utility token, GEN, which is essential for operating in the GENEXI ecosystem.
The GENEXI ecosystem is a decentralized platform aimed at supporting innovative projects in the biotech industry, as well as distributing biotech products under GENEXI’s quality seal. This is a niche, secure digital space for all interactions between manufacturers, distributors, and retailers of biotech products. High-tech, blockchain-based solutions ensure absolute transparency of the entire supply chain, from manufacturer to end seller, automate the majority of the supply system, eliminate middlemen and guarantee protection from counterfeit and fraud.