Items Tagged with 'cryptocurrency'

ARTICLES

  • Trump administration doubles down against crypto fraud

    New task force led by CFPB, other government regulators
    The future of bitcoin and other cryptocurrencies is far from certain, but that hasn’t stopped people from investing in it or even using it to make major real estate purchases. But as cryptocurrencies grow, so does the potential for fraud. Now, President Donald Trump is setting up a new task force to combat crypto crime.
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  • From HW Magazine

    Should you be investing in cryptocurrency?

    A look at the turbulent world of initial coin offerings
    Initial coin offerings are the latest red-hot investment trend, seeking to disrupt the traditional means of raising venture capital for startup businesses and firms. The market itself has witnessed an incredible expansion in the last year, but as the cryptocurrency market explodes and new coins flood the market, is the Securities and Exchange Commission looking to cool down its rapid-paced growth? 
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  • SEC halts $600 million alleged cryptocurrency scam that aimed to revolutionize banking

    AriseBank claimed it was building the world’s first “decentralized bank”
    The Securities and Exchange Commission halted the operations of a company that claimed it raised $600 million in an initial coin offering as part of an effort to “revolutionize banking” using cryptocurrency. The SEC complaint alleges that AriseBank used social media, a celebrity endorsement (from Evander Holyfield, no less), and other tactics to raise hundreds of millions of dollars in just a few months.
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  • Vermont city partners with Propy to bring blockchain to real estate transfers

    Pilot program will use blockchain to record real estate conveyance documents
    Blockchain. It seems that one can’t go five minutes without hearing something else about how the ledger technology is the future of this industry or the future of that industry. While many have discussed what that utility could be, one company is launching a pilot that aims to show how blockchain can be used for real estate conveyance.
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  • SEC says "first ever cryptocurrency backed by real estate" is a fraud

    Accuses REcoin’s founder of lying about initial coin offering
    Back in July, a company called REcoin Group launched REcoin, which it billed as the “first ever cryptocurrency backed by real estate.” But, according to the Securities and Exchange Commission, REcoin and its initial coin offering were a fraud designed to bilk unwitting investors.
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