• Poloniex launching Tron-based token
    Alt coins,  Commentary

    JUST a coincidence? Poloniex launching Tron-based token

    Poloniex is creating an exchange token launch platform. The first project is a Tron-based stablecoin lending service. Who controls Poloniex? Tron founder Justin Sun

    Months after finally admitting he was a part of the group that snapped up Poloniex late last year, Tron founder Justin Sun appears to be using the once-dominant cryptocurrency exchange’s reputation to boost the credibility of his week-old stablecoin.

  • Cryptocurrencies,  Regulation

    SEC warns investors about initial exchange offerings

    IEOs are the new ICOs, and the financial watchdog wants investors to take heed

    The Securities and Exchange Commission issued an alert Tuesday, urging investors to proceed with caution before investing in IEOs through online trading platforms—which often tout themselves as exchanges—especially when those platforms are located overseas. 

  • Tether

    NYAG ridicules Bitfinex, Tether court cost claims

    The companies already spent $500,000 fending off New York Attorney General Letitia James’ accusations of fraud and securities law violations

    New York State Attorney General Letitia James’s office called shenanigans yesterday on Bitfinex and Tether’s argument that it could spend $5 million defending itself from accusations of fraud.

  • SEC
    Ethereum,  United States

    SEC doubles down, approving a second blockchain token offering in less than 24 hours

    Instead of selling its Props Tokens, streaming video platform YouNow will use the cryptocurrency to reward users and creators

    The U.S. Securities and Exchange Commission approved a second blockchain company’s request to sell its tokens to the public on July 11, a day after breaking ground by greenlighting its first public cryptocurrency sale.

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