ICO issuer charged with fraud by SEC for selling unregistered security

The United States Securities and Exchange Commission, or SEC, has charged a cryptocurrency issuer for “making materially false and misleading statements” in connection with an unregistered security offering conducted between August 2017 and January 2018, offering further evidence that regulators were still targeting initial coin offerings from the last major market mania.  Loci Inc., the …

MicroStrategy stock tanks with Bitcoin as S&P 500, Nasdaq rally

Shares of MicroStrategy (MSTR) plunged anew on Tuesday, extending an early week slump on the back of a highly volatile cryptocurrency market that saw Bitcoin (BTC) briefly pierce below $30,000. MSTR touched an intraday low of $513.02 through the early morning session, capping off a 12% decline. Shares of the business intelligence firm collapsed 16.7% …

Ethernity Chain (ERN) Goes Live on Binance’s Innovation Zone

June 22, 2021 – George Town, Cayman Islands Ethernity Chain (ERN) is coming to Binance’s Innovation Zone and will receive three trading pairs later today. The popular community-oriented platform, with a strong focus on authenticated and limited edition NFTs, has received a lot of attention lately. This token listing further enhances the appeal of what …

Public Mint Integrates With USDC To Offer Bridge to Ethereum

June 22, 2021 – San Francisco, California Public Mint, the fiat-native public blockchain ecosystem, is excited to announce that Circle’s USD Coin (USDC) will now be natively integrated with the Public Mint blockchain, providing a simple gateway to connect Public Mint’s fiat-centric network to the vibrant DeFi ecosystem on Ethereum – and potentially other major networks where …

Trader Jason Pizzino Is Targeting This Key Level for Altcoins Amid Sustained Crypto Market Correction

Crypto analyst Jason Pizzino is tracking the performance of altcoins as the broader digital asset market continues to pull back. In a new video, Pizzino tells his 188,00 subscribers that he’s keeping a close watch on the TOTAL2 Index chart, which calculates the market capitalization of all crypto excluding Bitcoin. ADVERTISEMENT   According to the …

Blockchain Capital secures $300M funding from PayPal, Visa

PayPal and Visa are among several major investors to have participated in a $300 million funding for Blockchain Capital. In a release issued on Tuesday, Blockchain Capital announced that the close of its Blockchain Capital V LP. According to the release, Fund V, capped at $300 million was oversubscribed with numerous investors including college endowments, …

Bitcoin price clings to $32K as on-chain metrics hint at further downside

Cryptocurrency investors awoke to another round of price declines on June 22 after the price of Bitcoin (BTC) dropped to a 6-month low at $28,805. The dip below the crucial $30,000 level might appear to be a prime buying opportunity but data shows that institutional investors are continuing their longest selling streak since February 2018. …

Biden nominee for Treasury Dept will prioritize crypto regulation

Brian Nelson, President Joe Biden’s nominee for under secretary for the Department of the Treasury’s division on terrorism and financial crimes, said he would prioritize implementing new regulations around cryptocurrency. In a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Nelson said he would be focusing on anti-money laundering, or AML, …

With crypto mining banned in Iran, local authorities seize 7K rigs

Iranian provincial police are continuing their crackdown on crypto miners big and small, with news surfacing that they have confiscated more than 7,000 rigs at a farm operating in the capital of Tehran. According to a Tuesday report from the country’s state-run media, the Islamic Republic News Agency (IRNA), police seized crypto miners that were operating …

Ethereum Loses $2k Support, Top 10 Non-exchange Whales Keep Holding

Ethereum has lost its $2k support zone hitting a local low of $1,700 today However, Ethereum’s top 10 non-exchange whale addresses keep holding Other Ethereum investors have sent $500M worth of ETH to crypto exchanges in the last week Ethereum looks set for its very own death cross in mid-July Yesterday, Ethereum lost its crucial …

DCG to Buy Shares of Grayscale’s Ethereum Classic Trust Worth $50M

Digital Currency Group will purchase shares of the Grayscale Ethereum Classic trust worth $50 million Digital Currency Group is the parent company of Grayscale Investments The purchase will not be immediate and will depend on numerous factors Ethereum Classic’s value has been hit hard by the ongoing crypto market pullback led by Bitcoin dropping below …

FT says cybercriminals prefer Monero (XMR) to Bitcoin, but here’s what it didn’t get right

The FT has put out an article titled, “Inside monero, emerging crypto of choice for cybercriminals.” In it, the privacy coin Monero (XMR) is painted as the rising option for cybercriminals, taking the place of Bitcoin. Why? Because its suite of privacy features, such as stealth addresses and Ring signatures, hides information on the sender, …

Scaleswap CEO talks benefits and challenges of building a Polygon-powered IDO launchpad

CryptoSlate recently had the opportunity to chat with Ralf Gerteis, the co-founder and CEO of Scaleswap, a Polygon-powered launchpad that will be conducting its IDO on June 25th. What is the professional background of the Scaleswap founders and what is their previous experience in crypto? Ralf is the CEO of Scaleswap and an entrepreneur at …

Enjin invests in Unbound Finance to bring UND stablecoin to Efinity and Polkadot

Non-fungible token (NFT) ecosystem developer Enjin has invested in Unbound Finance to increase liquidity on Efinity, the former’s upcoming NFT parachain built on Polkadot.  The move comes after Unbound recently announced a $5.8M investment round from Pantera Capital and Michael Arrington, founder of TechCrunch, among a host of other leading venture capital firms. “Unbound is …

Iran Seizes 7,000 Bitcoin Mining Machines

Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines have been seized by Iranian authorities, state news agency IRNA reported Tuesday, noting that this is Iran’s largest seizure of cryptocurrency mining machines to date. …

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