Search Results for: initial coin offering
South Korean Supreme Court rules Bitcoin is an asset
June 6th, 2018
South Korean Supreme Court just ruled that bitcoin is a legally recognizable asset. The landmark ruling occurred on May 30, 2018, and it overturns a decision made by one of the country’s lower courts in a case dating back ...
‘HoweyCoin’: SEC trolls Crypto fraudsters with fake ICO campaign
May 17th, 2018
‘In a landmark embrace of technological innovation, the US Securities and Exchange Commission (SEC) has announced that it will issue its own cryptocurrency – HoweyCoin – through an initial coin offering (ICO). Okay, that’s not actually true, but the ...
Bitcoin makes a comeback
April 13th, 2018
Tax selling was the culprit behind this year’s massive bitcoin sell-offs, Spencer Bogart, a partner at Blockchain Capital, told CNBC. “People realized way more tax gains in 2017 than they expected to,” Bogart said Thursday on “Fast Money.” “And ...
Bitcoin Foundation cofounder: Crypto isn’t in a bubble — ‘bitcoin is the pin that’s going to pop the bubble’
April 3rd, 2018
Bitcoin has more than halved in value since the start of the year, leading critics to say it’s in a bubble that’s deflating. Jon Matonis, the cofounder of the Bitcoin Foundation, says the real bubble is in bond and ...
ACCA warns professional accountants over the risks of cryptocurrencies like bitcoin
March 16th, 2018
ACCA (the Association of Chartered Certified Accountants) has issued a new warning to professional accountants over the importance of maintaining an up-to-date understanding of developments in the fast-moving space of cryptocurrencies like Bitcoin. Maggie McGhee, director of Professional Insights ...
Bitcoin falls to 5-week low as Ethereum drops below $600
March 15th, 2018
Bitcoin slipped to a five-week low on Thursday that also marked a drop of nearly a quarter in the cryptocurrency’s value during the first two weeks of March. The cryptocurrency dipped as much as 5.4 per cent to $7,753 ...
Statement on potentially unlawful online platforms for trading digital assets including coins and tokens in ICOs
March 8th, 2018
SEC has released a Statement on potentially unlawful online platforms for trading digital assets including coins and tokens offered and sold in so-called Initial Coin Offerings (“ICOs”). Below is the Statement as it was released: Online trading platforms have become ...
Hedge Fund Investor: Bitcoin Already Hit Bottom, Ready to Surge
February 9th, 2018
Bitcoin has gone to its bottom price and will rise back to its peak level and then probably grow from there said digital investor Dan Morehead. Bitcoin Should Return to its Peak Soon Speaking with CNBC’s Fast Money Dan ...
Bitcoin hits 2018 low: Massive decline as cryptocurrency fails to sustain soaring prices
February 1st, 2018
Bitcoin has been hammered by the “worst monthly decline since January 2015” which has seen the value plummet from a peak of almost £14,000 ($20,000) last year to a new 2018 low this week, it has emerged. Cryptocurrency tracking ...
PwC accepts payment in Bitcoin for its advisory services
December 1st, 2017
PwC in Hong Kong has for the first time accepted payment in Bitcoin for its advisory services. As the firm works increasingly with companies in the digital asset and crypto-currency space, it believes that accepting such payments will evolve ...
