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Posts Tagged ‘Token’

SEC Charges 2 With Fraudulent Water-Backed Token Sale

The U.S. Securities and Exchange Commission charged a former Texas pastor and his wife for allegedly defrauding hundreds of investors through an alkaline water-backed cryptocurrency, TeshuaCoin. Larry Donnell and Shuwana Leonard were charged Friday with defrauding investors by allegedly stealing nearly $500,000 in the sale of bogus stock certificates and shilling an alkaline water-backed cryptocurrency…

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Telegram Appeals Court Ruling Barring Gram Token Distribution

The Telegram messaging platform has appealed a U.S. court ruling prohibiting it from distributing its gram cryptocurrency. U.S. District Judge P. Kevin Castel of the Southern District of New York said Tuesday that Telegram’s 2018, $1.7 billion token sale appeared to be an unregistered securities sale, and barred the company from issuing grams after it…

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Judge Halts Telegram Token Issuance in Injunction Requested by SEC

A U.S. judge ordered messaging platform Telegram to refrain from issuing its gram cryptocurrency next month as planned, granting a request by the Securities and Exchange Commission (SEC). In a preliminary injunction dated March 24, U.S. District Judge P. Kevin Castel, of the Southern District of New York, said the SEC had demonstrated a plausible…

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Following Bittrex Listing, UPT Token Pumps on Thin Volume

Bittrex Global has listed two stablecoins and a utility token issued by ‘The Universal Protocol Alliance’ (UPA) after joining the UPA. The new listings comprise stablecoins Universal Dollar (UPUSD) and Universal Euro (UPEUR), in addition to the Universal Protocol Token (UPT). UPT rallies on Bittrex listing The announcement appears to have comprised a boon for…

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Bitfinex LEO Token Enters Top 10 Crypto List

Bitfinex LEO token has now moved up in the market cap rankings where it now sits in tenth place among the family of digital assets. This achievement, while impressive, also reflects the significant variance in both utility and design among the top cryptocurrencies. BITFINEX NATIVE COIN GAINS VALUE YET LACKS UTILITY Bitifnex launched UNUS SED…

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Someone Just Minted a Doge-Themed Crypto Token Worth $129,000

A Doge-themed non-fungible token (NFT) now appears to comprise the most valuable ERC-1155 in existence. The NFT is backed by over 1,155,777.1 Enjin (ENJ) — worth approximately $129,000 at the time of writing. The NFT, “It’s good to be the King,” was minted on March 1 and pays homage to the meme-inspired DOGE cryptocurrency depicting…

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Compound Extends DeFi Ethos to Itself, Launches Governance Token

Decentralized finance (DeFi) platform Compound is going ahead and decentralizing itself. “My personal belief is that nobody would use bitcoin if it was run by the ‘Bitcoin Corporation,’” Robert Leshner, Compound’s founder, told CoinDesk in a phone call. “Its power comes from the fact that nobody truly controls it.” In that spirit, Compound is launching…

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Russia’s Richest Man is Launching His Own Crypto Token

Billionaire Vladimir Potanin has received approval from the Russian central bank to launch his own blockchain-based platform and token to be used by consumers, Bloomberg reports. Oligarch Brings Blockchain to the Masses Vladimir Potanin, who recently became the richest man in Russia as per Forbes, wants to expand his blockchain platform by launching his own…

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Despite Bitcoin(dot)com Listing HEX is Almost a ‘Zero-Value’ Token

Many in the crypto community are calling Roger Ver’s decision to list the very dubious HEX token just that. HEX Listed on Bitcoin.com The week the Bitcoin.com crypto exchange, which is owned by ‘Bitcoin Jesus’ Roger Ver, listed the highly controversial HEX token. We are thrilled to announce that we have just listed #HEX by…

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VeChain Foundation Hacked for $6.5M in VET Token Theft

The Singapore-based VeChain Foundation’s buyback wallet was compromised by a hacker at 12:27 UTC on Friday, VeChain wrote, with the funds being withdrawn to a private address. The firm says it has tagged and tracked the funds and is working with cybersecurity firm Hacken to isolate the tokens’ flow to various exchanges. Source link

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