Category: ICO

Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud

During the course of their investigation, Federal Bureau of Investigation (FBI) agents created an Ethereum-based cryptocurrency, called NextFundAI, with the help of “cooperating witnesses” and used it to “identify, disrupt, and bring these alleged fraudsters to justice,” according to a Wednesday press release. The token, according to court documents, is also a security. A representative for the FBI added that there was limited trading “activity” on the coin but declined to share any additional information beyond what is currently available in public documents, including whether the FBI worked with any…

How Crypto Reacted to HBO’s Big Satoshi ‘Reveal’

The history of Satoshi-sleuthing is filled with wrong turns, cul de sacs, and wild goose chases. But HBO’s “MONEY ELECTRIC: THE BITCOIN MYSTERY,” which aired in the United States Tuesday night, was supposed to be different. It was supposed to provide compelling proof as to who invented Bitcoin, putting the world’s greatest mystery to bed, for good. Source

The Shopification of Wealth

Just as Shopify democratized e-commerce, enabling millions to open online stores, on-chain rails are poised to lower the barriers to entry in the financial advisory business, says Miguel Kudry. Source

The Wealth-Building Alternative to Real Estate for Millennials and Gen Z

In Hong Kong, for instance, parents who fully own their property are likely to be millionaires already, even if it’s just a tiny one-bedroom apartment. However, for younger generations, including millennials and Gen Z, the ultra-high property prices aren’t just a challenge — they’re a significant financial burden. Many of these owners are weighed down with long-term mortgages that have high interest rates, and are thus struggling to ascend the social ladder. In other words, rapid urbanization means that younger individuals are unlikely to build the same level of wealth…

State Street Works on Tokenized Bonds and Money Market Funds, Has No ‘Current Plans’ of Stablecoin Project: Report

Traditional finance heavyweights and global banks are getting increasingly involved in the tokenization of traditional financial instruments, or real-world assets (RWA), placing bonds, funds, credit or commodities onto blockchain rails. The process promises operational benefits such as increased efficiency, faster and around-the-clock settlements and lower administrative costs. Source

India Has Delayed Publication of Its Planned Discussion Paper on the Crypto Industry

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