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In the latest update from U.S. Security and Exchange Commission’s (SEC) ongoing lawsuit against Telegram for its Gram tokens offering, the commission has bashed the Telegram service’s related token and blockchain. Earlier, SEC replied to Telegram’s proposal to provide summary judgment in an extended filing with the court of the Southern District of New York. In it, SEC has censured the Telegram’s blockchain, Telegram Open Network (TON) and operation’s Gram (GRM) token. The document read that Telegram has not provided any evidence regarding the launch of TON Blockchain’s State of Development, and it also added that Telegram has marketed less,

The crypto-RBI case is currently underway in the Supreme Court, where the Reserve Bank of India said in the hearing on Wednesday that its 2018 circular, which prevented banks from engaging in crypto transactions, was meant to sustain the integrity of the banking system. The senior advocate for RBI, Shyam Divan, said that though there’s no formally instituted ban on digital currencies as a law, the Circular was primarily purported to oppose the existence of any other payment systems that counter the country’s current system of banking. Especially cryptocurrency, the RBI advocate argued that the central bank has consistently caution

San Francisco based venture capital firm, Andra Capital has announced the launch of its own token: Silicon Valley Coin (SVC). The firm plans to issue it through a Security Token Offering in a partnership with both Tezos Foundation and Token Soft. According to the announcement,  the SVC token will be built on Tezos Blockchain network and it will utilize TokenSoft’s issuance platform. “Andra Capital’s open-ended technology fund allows investors to invest in the fund traditionally with the option to take delivery of a blockchain-based token, Silicon Valley Coin,”  In addition, the firm’s open-ended technology fund, the “FUND” will allow potential

Amun AG, a popular fintech company has listed its first reverse Exchange-Traded Product (ETP) for Bitcoin on popular Swiss stock exchange SIX. An inverse ETP is mainly aimed at shorting where the traders are rewarded if the underlying product falls in value. Amun’s reverse ETP would allow its traders to short Bitcoin. The one of its kind ETP is called 21Shares Short Bitcoin ETP (SBTC)  and help traders to gain exposure to the lucrative digital currency market through shorting. The current addition of inverse ETP for Bitcoin makes the total number of derivative products by Amun listed on exchanges to

EOS does not have sufficient strength to run off the 200-day SMA. The failure of the asset to surge to the upside quickly will prompt the sellers’ effort to return the price beneath the moving averages. Such a move could bring on a decline to $3. The direction of the 20-day EMA and RSI in positive territory shows that buyers are in control. The ability of the present rebound to attain momentum could make the buyers take the price to $4.24. If the price breaks out of this barrier, it may lead to $4.8719, which could become a stiff barrier

Cybersecurity researchers at Cisco Talos discovered a  new threat actor dubbed Vivin, that has been raking thousands of dollars through Monero crypto-mining malware. The attack has made cybercriminals lots of money through large scale crypto-mining campaigns. Therefore, it is likely that the threat is here to stay.  Researchers noted that the attack was unique but pointed out that it had been active since 2017. The privacy coin, monero has been associated with frequent malware threats and attacks since the rise of crypto-jacking malware. Monero’s loss of value in the past months hasn’t waned cyber-criminal interests. In fact,  Vivin comes just

Charleston, S.C. – PalmettoChain Inc., South Carolina’s blockchain initiative, will present the inaugural week-long South Carolina Blockchain Conference in Columbia and Charleston. The conference will be held on March 13-14 as part of a first-ever South Carolina Blockchain Week. The beginning of Blockchain Week will consist primarily of outreach to South Carolina lawmakers in Columbia, S.C., and will end with a two-day event in Charleston, featuring world-class speakers, authorities and entrepreneurs. For the up-to-date information visit, https://scblockchainweek.com The South Carolina Blockchain Conference will showcase enterprise and government applications of blockchain technologies, along with innovative supply chain, transportation, warehousing, government transparency, identity

Blockchain Life 2020 is the biggest event on a blockchain, cryptocurrencies, and mining in Russia and Europe and one of the largest events in the world. The forum welcomes more than 5000 participants this spring at an innovative venue — Music Media Dome. The global crypto community from 70 countries comes to Blockchain Life 2020 to expand their professional network and engage in the industry’s development. Among the attendees: top management of the leading international cryptocurrency projects, businessmen and entrepreneurs, blockchain developers, manufacturers and suppliers of mining equipment, founders of blockchain startups, government officials and celebrities of the crypto industry.

The report published by BitMEX, a cryptocurrency exchange suggested that the benefits of privacy and scalability of Bitcoin’s implementation of Lightning Network are lower than expected.  The lightning network creates a channel of payment between two parties for the instant transaction at extremely low fees. Scalability and Privacy The network was developed to provide a second layer payment solution. The basic aim was to improve the scalability i.e to reduce the transaction time among users while maintaining anonymity or privacy. But in the latest report of BitMEX, it suggested that the network is not living up to the expectations. Issues with

LOCglobal, the trading community with a notoriously tight entry policy, announced Thursday they would be taking on new members in January 2020, a first since August 2019. Following a 5-month closure, LOCglobal announced on Instagram they would be accepting applications at the end of January (30/01/2020). Not delving too far from their usual air of mystery little information was given about what is in store and nothing was said regarding the 5-month lockdown. Throughout early 2018 such registrations could be seen monthly usually filling up after a few days. However, as the member count increased the opportunities to join dropped.

“Dual Citizenship, Citizenship through Investment and Global Citizenship” Conference will take place in Istanbul for the first time The most comprehensive cryptocurrency conference in MENA and the Eurasia region, “Blockchain Economy” which takes place already the second time in Istanbul, will include the topics on Dual Citizenship, Citizenship through Investment and Global Citizenship as well. Moreover, the Conference will be hosting the governments, companies and organizations offering citizenship worldwide and will bring together with participants for the first time in Turkey. Unlike all the other events in the region, the conference offers its participants various opportunities to explore cross-border citizenship

  Serving the society, reshaping the world, where faith makes you optimistic! As the mobile Internet dividend has ended, the front-end platforms such as social media, media, payment, and O2O have been greatly diminished. The next wealth dividend outlet is “Technology-driven, back-end innovation” incorporating into industries such as “logistics, corporate services, retail, education, healthcare, and much more!” Technology cannot change the world, but it can modernize the business system and wealth distribution! The birth and application of blockchain technology has ushered in the dividends of global policies around the world and has reached an amazing new height. Overnight, blockchain, like