Gibraltar to become world’s first regulated ICO market
The ICO market is helping startups gather millions of dollars’ worth of investment, but governments and professionals related to the financial sector all have one complaint against such a form of fundraising. They complain that ICOs are very unregulated as ICOs provide the investors with an opportunity to invest in a new startup and get digital tokens in return. These digital tokens have no existing framework as of now. Anyone with the required programming skills and contacts can set up a digital token through the blockchain networks.
LedgerX launches bitcoin futures
LedgerX has turned out to be one of the most effective cryptocurrency exchanges. It is also one of the youngest exchanges, as they first received approval to begin trading in July and only started trading at the end of October, 2017.
CEX.IO warns against fraudulent activity conducted in company’s name
The online digital currency trading platform wrote that their customers have been getting calls from a “so-called CEX.IO call center number.” The callers claim to be able to provide services to them, in return for a fee. The company has described these calls as fraud and has firmly denied having any links whatsoever to them.
$374,000 scammed through an ICO
Recently, around $374,000 USD disappeared after an Initial Coin Offering (ICO) was held under Ethereum platform. The ICO ran from November 6th to 8th, in which digital tokens were sold to investors over the Ethereum blockchain.
Philippines announces bitcoin legalization
Bitcoin will become accepted as securities according to the country’s regulating agency.
Misleading Chinese NEO project receives backlash
The team from the China-based cryptocurrency project, NEO, has received criticism for their misleading project.
Bitstamp to list Bitcoin Cash
The Bitstamp CEO recently revealed that the European cryptocurrency trading platform will list Bitcoin Cash.
International cryptocurrency mining firm launches ICO
The mining company Golden Alliance announced that their ICO will issue investors with Gold Coins.
Unknown user claims $600,000 worth of Bitcoin Cash
An unknown user has successfully gotten $600,000 worth of Bitcoin Cash from a Segwit Wallet.
Cryptocurrency still illegal in many countries
In extreme cases, countries have introduced penalties for trading cryptocurrencies, such as capturing of assets, blocking bank accounts, and even jail time.
