BAT /USD Medium-term Trend: Ranging Resistance Levels: $0.36, $0.38, $0.40 Support Levels: $0.32, $0.30, $0.28 The BAT /USD pair is still in a range bound move between the levels of $0.30 and $0.40.The pair is yet to experience any breakout in the last two month. All the false breakouts have retraced back to the range […]
Category: STO News
SEC Finalizes Case against BitFunder Operator
An updated case has been submitted against Jon Montroll, the operator of Bitfunder and WeExchange. Montroll was sentenced to 14 months of imprisoned and 3 years of supervised release over securities fraud. The SEC and the defendant, Jon Montroll, have agreed on a proposed settlement. The document has been submitted to the New York District […]
Vertalo and tZERO See Influx of Talent as Multiple Hirings are Made
Active Recruitment / Hirings A company and their offerings are only as good as the team behind them. Over the past few days we have seen multiple companies within the digital securities sector announce the acquisition / hirings of new talent. The experience brought forth by these acquisitions speaks volumes to the quality of projects […]
Malta Financial Services Authority Issues Consultation Paper on Security Tokens
The Malta Financial Services Authority (MFSA) has just issued a report on security token offerings. The consultation paper is meant to be a recommendatory outline to better the regulatory framework in the small nation. The MSFA has put out a report which is in line with its Vision 2021. The paper details the security token […]
Patrick M. Byrne Issues Letter to Overstock Shareholders
On July 15, 2019, the CEO of Overstock.com, Patrick Byrne issued a letter to shareholders. In the document, Byrne discusses the current state of Overstock’s blockchain ambitions and the company’s anticipated goals in the coming years. The document highlights the firm’s past achievements and explains how these actions correlate to Overstock’s bigger focus of pioneering […]
New Jersey says a 2018 ICO was a Securities Offering, Demands Restitution
On July 17th 2019, the New Jersey Bureau of Securities filed a civil action complaint targeting an Initial Coin Offering (ICO) which took place in its jurisdiction back in 2018. The ICO, says the Bureau, constituted a securities offering but failed to comply with the associated regulatory requirements. Why New Jersey says the Pocketinns ICO […]
Token Foundry Founder Sues Joseph Lubin for $13 Million
Hines stepped down as the head of the firm last year.
Telegram and Lantah Dispute Over GRAM Crypto Trademark, Telegram Takes Home Injunction Win
It has been recently revealed that cloud-based instant messaging service provider, Telegram and blockchain-based commerce platform, Lantah have been in dispute over who gets the rights to the name, ‘GRAM’ for their respective crypto token reports The Block. Telegram is supposedly demanding the latter from using the aforementioned name, which led to the involvement of […]
France Set to Announce the Approval of Several Non-Security Initial Coin Offerings (ICOs) Soon
In mid-July 2019, the Executive Director of France’s financial markets regulator, AMF, told Reuters that France will soon announce the approval of several ICOs. The offerings will feature tradeable tokens, but will not constitute securities offerings. AMF Approved Initial Coin Offerings (ICOs) in France Explained France will soon announce the approval of several regulatory compliant […]
Security Token Platform ‘Dusk Network’ Begins Trading Its Token
Dusk Network, a privacy-oriented blockchain protocol for digital securities, has just been listed on Bitfinex, Bittrex International, and Ethfinex. Dusk Network’s ERC-20 token DUSK has been listed on Bitfinex, Bittrex International, and Ethfinex. The Amsterdam-based privacy protocol is intended for security tokens. The purpose of the project is to create the first programmable securities which […]
