Australian securities regulator ASIC comes down heavily on deceptive ICOs
May 02, 2018 10:16 am UTC| Digital Currency
The Australian Securities and Investment Commission (ASIC) has announced a crackdown on dubious initial coin offerings (ICOs). The announcement follows recent comments from ASIC Commissioner John Price last week when he...
Huobi Labs to set up $1B blockchain fund
May 02, 2018 09:32 am UTC| Digital Currency
Chinese cryptocurrency exchange Huobis blockchain incubator, Huobi Labs, has announced plans to set up a $1 billion global blockchain industry fund. Huobi Labs recently entered into a strategic cooperation with Tianya...
CFTC chief adds new dimension to define cryptocurrency
May 02, 2018 09:04 am UTC| Digital Currency
CFTC chair strives to define Bitcoin, as the ecosystem around Bitcoin and other cryptocurrencies endure to evolve the various regulatory authorities in the US still struggle to define what it is so to create a framework in...

FxWirePro: ETH/USD consolidates in narrow range, good to go long on break above 100-DMA
May 02, 2018 08:51 am UTC| Digital Currency
ETH/USD continues to consolidate in a narrow range with its upside capped by 100-DMA. It is currently trading at 678 levels at the time of writing (Coinbase). On the upside, the pair faces strong resistance at 703...

May 02, 2018 06:51 am UTC| Digital Currency
BTC/USD is trading in a narrow range on Wednesday as hovering around cloud top at 9071 levels at the time of writing (Bitstamp). On the upside, a decisive break above 9214 (trend line joining 19666 and 9755.53) would...
Blockchain Intelligence Group announces risk assessment pilot for crypto-mining client activity
May 02, 2018 05:59 am UTC| Digital Currency
Blockchain Intelligence Group (BIG), a Canada-based developer of blockchain solutions, has engaged Alberta-based financial institution ATB Financial (ATB) in a pilot project focused on exploring and identifying...

Media must tokenize to survive, says TokenPost CEO
May 02, 2018 05:06 am UTC| Digital Currency
The media industry, which was once thriving, is now finding it difficult to survive. The existing revenue model is largely driven by advertising revenue. Media houses across the globe are witnessing a huge drop their ad...