Archive for the ‘Cryptocurrency’ Category

Still Considering Investing in Cryptocurrency? Here’s What You Need to Know.

In this video, Entrepreneur Network partner Phil Town discusses the practicalities of investing in cryptocurrency today. Is it still a good investment? Is it too volatile? Town warns that cryptocurrency is notoriously hard to understand. The technological aspect of cryptocurrencies make them particularly bewildering, especially if you’re just starting out. Watch the video

Brazilian Football Club Avaí to Launch Cryptocurrency, $20 Million ICO

Avaí FC has partnered with blockchain-based sports investment ecosystem SportyCo and football investment platform Blackbridge Sports to raise funds worldwide through the ICO, aiming to raise $20 million in the sale. The coin, dubbed Avaí FC Token, is said to be available for sale in October, with the ICO ending in early November. Football fans […]

FINRA Takes Down HempCoin Cryptocurrency for Selling Unregistered Securities

The Financial Industry Regulatory Authority (FINRA) has issued its first cryptocurrency-related disciplinary action, charging Timothy Tilton Ayre, a broker in Agawam, MA., with securities fraud and the unlawful distribution of HempCoin, which the agency claims is an unregistered cryptocurrency security. FINFRA has accused Ayre of trying to entice people to invest in Rocky Mountain Ayre […]

One of the World’s Wealthiest Football Clubs is Launching a Cryptocurrency

French soccer giant Paris Saint-Germain football club (PSG) will launch its own cryptocurrency with a token offering that aims to incentivize its supporters over a blockchain. The development sees a new partnership between PSG and blockchain company Socios.com which is based in Malta. PSG’s partnership with the platform will allow the club to launch a […]

Japanese Social Media Giant LINE Launches Cryptocurrency, DPoS Blockchain

Japanese social media company LINE has launched its own cryptocurrency, named “LINK,” complete with an independent blockchain designed to serve as a platform for decentralized applications (dApps). The blockchain is based on a Delegated Proof-of-Stake (DPoS) consensus algorithm to facilitate speedy transactions. Further, the blockchain is already up and running. LINE stated that it has no […]

Huobi Teams Up with NTUC to Launch Blockchain Courses in Singapore

Huobi Group, a global digital assets and services provider, said on Friday it has teamed up with Singapore-based National Trading Union Congress Learning Hub to introduce a series of new courses on blockchain for cryptocurrency enthusiasts and fintech professionals in the region. The courses will cover fundamental aspects of Bitcoin and distributed ledger technology, with […]

US Regulators Give Update on Crypto Crackdown

The North American Securities Administration Association (NASAA) updated its progress on ICO- and cryptocurrency-related investment product investigations. NASAA, operated by American and Canadian securities regulators, launched “Operation Cryptosweep” in May 2018 to investigate over 200 ongoing cases of ICO- and cryptocurrency-related investment products’ regulatory compliance. Since the operation’s launch, NASAA has issued 46 enforcement actions. […]

A B.S. in bitcoin? These colleges are now offering cryptocurrency-related courses

A Ph.D. in bitcoin or blockchain? That soon may be a reality as interest in cryptocurrencies and their underlying technology has become more mainstream, prompting college campuses across the globe to promise courses in the nascent subject. In partnership with research firm Qriosly, San Francisco-based Coinbase found that, nearly half of the world’s top 50 […]

Ernst & Young Have Acquired Cryptocurrency Investment Software

Ernst & Young has acquired a software developed by a Silicon Valley-based startup called Elevated Consciousness in order to manage investments executed in cryptocurrencies. The software in question is called Crypto-Asset Accounting and Tax (CAAT). It was bought by Ernst & Young’s Americas Tax Innovation Foundry with the intention to facilitate their clients in investing […]

Brazilian Crypto Investment Platform Atlas Hacked, Data Of 264,000 Users Leaked

Atlas, a popular Brazilian cryptocurrency investment platform, has been hacked. Although the company claims users’ funds are safe, the personal information of over 264,000 of its customers has been leaked. Acknowledging the incident, Atlas issued a statement revealing it’s going to launch an investigation into the incident while working with the proper authorities. It added […]