Recently distributed public documents imply that one of the co-founders of LinkedIn is raising as much as $20 million in a Simple Agreement for Future Tokens (SAFT) deal. Eric Ly – LinkedIn’s first CTO and one of its founders – is raising assets for the Hub Token, which is tied …
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South Korea’s National Assembly, the authoritative arm of government, is pushing for the expulsion of the nation’s prohibition on local initial coin offerings (ICOs). Korean regulator, the Financial Services Commission, banned token deals in September of 2017, saying they are over-theoretical and constitute a “violation of capital market law.”,as revealed …
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GMO Internet Group, a Japanese internet service chose to put itself all the more immovably in the cryptocurrency market with the arrival of a new ASIC that may contend straightforwardly with Bitmain’s Antminers. Booked for launch on Wednesday, 6th June, these units would be the first ever made, using 7 …
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Thursday two individuals captured by Russian police for running an illegal cryptocurrency mining operation. Ministry of Internal Affairs representative Irina Volk said police confined two people regarding a cryptocurrency mining farm found in an abandoned rubber factory. Authorities discovered in excess of 6,000 pieces of mining equipment at the site …
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The Ontario Securities Commission (OSC) is investigating the activities of digital cryptocurrency trading platforms that are functioning in the region. Kristen Rose, an OSC representative, said Friday that the organization has gotten “a number of complaints” about platforms selling cryptocurrencies that may qualify as securities. Sha also said “These platforms, …
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