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Tag Archives: Cryptovest

ICO Issuer Faces up to Five Years in Jail Over Defrauding Investors

Maksim Zaslavskiy, a Brooklyn businessman, will be sentenced to up to five years’ imprisonment after pleading guilty before a New York federal judge for deceiving cryptocurrency investors, US Department of Justice announced on Thursday. Zaslavskiy is the owner of the now-defunct Initial Coin Offerings (ICOs) – REcoin and DRC World. …

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Romanian Authorities Investigate Illegal Crypto Financing of Movements

The Romanian Directorate for Investigating Organized Crime and Terrorism (DIICOT) is currently investigating the way in which the “Rezist” movement is financed, suspecting organizations within the movement of organized crime and money laundering, Mediafax reports. Some of these organizations include Declic, an NGO used to support movements within the nation …

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Binance Warns Iranian Traders to Withdraw Crypto from Platform

Binance is urging its remaining Iranian traders to withdraw their assets from its platform. The popular cryptocurrency exchange has sent out an email to its customers, advising them to remove investments from the exchange in response to US sanctions. “If you have an account with Binance and fall into that …

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CV Market Watch™: Weekly Trading Overview (9-16 November)

The crypto market had another heavy shakedown in which Bitcoin (BTC) slid and led to a crash in altcoins. BTC prices moved down from their stagnant positions around $6,400 and crashed into the $5,300-$5,400 range at the lowest. Bitcoin (BTC) Technical Analysis: Crypto Market Unravels $28 Billion, BTC Hits All-Year …

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Binance Expands Bitcoin Cash (BCH) Tickers After Hard Fork

Binance, one of the leading crypto exchanges, has switched Bitcoin Cash (BCH, BCC) pairs with new tickers related to the two alternative blockchains that appeared after November 15. As it appears, the SV version has not taken over, but neither has it capitulated, and blocks are still produced. The Bitcoin …

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Canada Needs Crypto Regulation to Prevent Money Laundering, Lawmakers Say

Canada’s federal lawmakers have urged the government to introduce cryptocurrency regulation so that virtual coins cannot be used by criminals to cover illegal activities, local media outlet iPolitics reported on Wednesday. The members of the House of Commons Standing Committee on Finance (FINA) proposed three measures that should introduce anti-money …

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France to Provide ICO Projects with Optional Certifications

France, the third largest economy in Europe, is ready to support the cryptocurrencies issued on its territory only if the entities behind them accept to be regulated, Reuters reports. In this way, the country may become the first major state to regulate initial coin offerings (ICOs). If cryptocurrency and token …

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Nvidia Revenue Growth Cools amid Crypto Market Shock Waves

Nvidia’s financial results for the third quarter of 2018 came out worse than expected due to inventory overload caused by the end of the cryptocurrency boom, as stated in the official release. The manufacturer of graphics products for the gaming industry experienced strong revenue growth in 2017, capitalizing on pent-up …

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Crypto-Related Companies Buffeted by Bearish Sentiment

The stock price of many crypto-related companies, especially in Asia and the US, fell on Thursday after the cryptocurrency market crashed to multi-month lows, with Bitcoin touching its lowest level since October 2017. In Japan, Coincheck parent company Monex Group and SBI Holdings each declined by more than 2%, while …

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Bitcoin (BTC) Is “Evil Spawn” of 2008 Crisis, Says ECB Official

Bitcoin (BTC) has received another negative assessment from central bankers, this time Benoît Cœuré of the European Central Bank (ECB) executive board calling the original cryptocurrency “the evil spawn of the financial crisis,” the Financial Times reports. The Bitcoin network launched just as the 2008 crisis was spreading through the …

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Amazon Awarded Two Blockchain-Related Patents

Internet retailer Amazon (NASDAQ:AMZN) has been awarded two blockchain-related patents. The two patents were originally filed back in 2018 and 2015 as part of a bid to solidify Amazon’s status as a contender in the domain. The patents, published by the U.S. Patent and Trademark Office (USPTO) on Tuesday, relate …

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Tropizen, InPortal Partner for Puerto Rico’s First Cannabis STO

Puerto Rico-based TPZ Ventures, the parent of Tropizen, a company that cultivates and makes medical cannabis, plans to issue equity via a Security Token Offering (STO). For this, Tropizen partnered with InPortal to use its security token-oriented InPortal INPR protocol. Tropizen will issue the Tropizen Series A Token, which will …

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