Equibit’s PreSale is now live. They are quickly approaching the Equibit mainnet and are currently inviting eligible participants into the sale of the last 400,000 EQB from the pre-mine. Each EQB is CHF 20 and there is a minimum purchase of 250 EQB. Purchasers of larger quantities (12,500 EQB+) can receive up to 30% bonus EQB. Enabling dedicated blockchain security …
This week, SIX Swiss Exchange, Switzerland’s principal stock exchange based in Zurich, approved the listing of a crypto exchange-traded product (ETP) with the ticker “HODL.” Like the Coinbase Index and Bitwise Hold 10, Amum ETP represents the value of five cryptocurrencies that include Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum (ETH). Investors in the Amun ETP …
The SIX Swiss Exchange has given the go-ahead to an exchange-traded product tracking multiple cryptocurrencies, according to a Financial Times report. The Swiss regulators have raced ahead of the U.S., by agreeing to greenlight the Amun Crypto Exchange Traded Product (ETP). Based on the reports, the Amun Crypto ETP,, will have half of its assets invested in Bitcoin (BTC), while the …
According to Kobre & Kim government enforcement defense and securities litigation attorney Jake Chervinsky, the second phase of the US Securities and Exchange Commission (SEC)’s enforcement on crypto is a painful and slow grind for the sector. Earlier this week, the US SEC cracked down on Paragon and AirFox, two initial coin offering (ICO) projects that raised $12 million and …
Former U.S. Congressman Ron Paul has asked Twitter users Nov. 15 how they would prefer to receive $10,000 if they had to keep it in this form for a decade, with the majority picking Bitcoin (BTC) . Of the respondents, 50 percent answered that they would prefer to receive their $10,000 in Bitcoin, the second most chosen asset was gold …
Singapore-based KuCoin, a major crypto exchange with an active and loyal user base, has secured $20 million in a funding round led by $20 billion venture capital firm IDG. Michael Gan, the CEO of KuCoin, wrote, “Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $20 million (USD) from IDG Capital, Matrix …
Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up. In the financial results report, founder and CEO of Nvidia Jensen Huang said that the company’s “near-term results reflect excess channel inventory post the cryptocurrency boom, which will be corrected.” …
In Moscow, green shoots of crypto adoption are starting to emerge. Indeed, of the Moscow locals who prefer non-cash payment methods such as mobile payments, 1% are using cryptocurrencies while 5% appear to be on the verge of doing so, according to Forbes, citing a study by Yandex.Money. The survey, which was also a product of the IT Department of …
This Pacific Island may get its national cryptocurrency after all. Marshall Islands President Hilda Heine has eked out a no-confidence vote that threatened not only to derail her presidency but also the fate of the Sovereign (SOV), a national cryptocurrency spearheaded by her administration. According to the Nikkei Asian Review, President Heine blamed a “referendum about our own politics.” Members of …
Experts from Russia will provide support for the development of Iran’s crypto-economy. The cooperation is part of an agreement reached by representatives of leading industry organizations from the two countries, both subjected to western sanctions. Crypto Associations Sign Cooperation Agreement The document has been signed by the Russian Association of Cryptoindustry and Blockchain (RACIB) and Iran Blockchain Labs (IBL), an …
