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Day: September 12, 2018

SEC Takes Action Against Two Crypto Firms

cryptocurrency September 12, 2018

September 12, 2018 8:36 PM Advertisements The agency announced two regulatory “firsts” this week. This week the SEC announced two enforcement actions in the cryptocurrency space. Both Crypto Asset Management LP (CAM), a cryptocurrency hedge fund, and TokenLot, an ICO platform, have been shut down by the regulators. Both actions are being described by the […]

Ripple And R3 Reach Settlement After 12-Month Court Case

cryptocurrency September 12, 2018

September 12, 2018 9:14 PM Advertisements After an ongoing court battle between Ripple Labs and the R3 Consortium, which initially began over an agreement for R3 to purchase five billion XRP, a settlement has finally been reached. On September 8, 2017, blockchain consortium R3 accused Ripple of breaching an option contract that gave R3 a […]

SoftBank To Develop Blockchain-Powered Payment System

cryptocurrency September 12, 2018

September 12, 2018 9:32 PM Advertisements Users of the new blockchain platform will not have to change their money at a bank when traveling internationally. Japan-based tech company SoftBank announced the development of a new blockchain-powered cross-carrier mobile payment service in a press release published on the company’s website on September 12. Advertisements The new […]

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