Several venture capitalists (VCs) and entrepreneurs have been petitioning federal authorities to see certain virtual currencies in a “different light.” Right now, many cryptocurrencies are in danger of being classified as “securities,” which would place them under strict regulatory scrutiny. Working to change this, venture capital firms Andreessen Horowitz and Union Square Ventures have gathered a team of lawyers and investors known as the “Venture Capital Working Group” to meet with the U.S. Securities and Exchange Commission (SEC) to develop what they call a “safe harbor” for […]

The same German online news outlet that broke the Savedroid supposed exit scam, turned gotcha publicity stunt, is reporting prosecutors just might have a legal case against the initial coin offering (ICO) outfit. Also read: Bitcoin in Brief Thursday: ICO Scares Investors with Ghost Prank German Prosecutors Consider Legal Action Against Savedroid Wirtschafts Woche, the same German source that announced a $50 million exit scam by ICO Savedroid, is reporting prosecutors in Frankfurt are examining the “extreme advertising campaign” of the startup. After an elaborate hoax was played […]

The infamous former CEO of the now defunct bitcoin exchange Mt Gox, Mark Karpeles, is trying to start over with a clean slate in life. Karpeles has revealed to the media that he’s started a new C-level position as the Chief Technology Officer (CTO) for a firm called London Trust Media. The technology company invests in virtual private network companies and cryptocurrencies. Also Read: Indian Exchange Takes Central Bank to Court Over Bank Ban The Notorious Mark Karpeles Lands a C-Level Position With a Firm That Dabbles in […]

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. California-based blockchain startup Propy, is bringing the commercial use of blockchain technology to the US. After facilitating the first US Blockchain-based real estate deed in Vermont, Propy announced a new open source Developer Program. The idea behind Propy: it allows anyone to […]

Jessie Powell, the CEO of U.S.-based cryptocurrency exchange Kraken, has publicly stated his refusal to answer a questionnaire issued by the New York Attorney General’s office. Mr. Powell has described the questionnaire – which was sent to thirteen virtual currency exchanges operating in the United States – as hostile to both cryptocurrencies and the virtual currency sector generally. Also Read: Institutional Demand for Bitcoin and Crypto Resurges Kraken CEO Rejects Questionnaire From New York Regulators The chief executive officer of major cryptocurrency exchange Kraken, has criticized a questionnaire […]