Coinbase CEO Praises Ethereum-Based Decentralized Airbnb Project

Coinbase CEO Praises Ethereum-Based Decentralized Airbnb Project

Brian Armstrong, the CEO of Coinbase, praised CryptoCribs, an Ethereum-based Airbnb competitor, who’ve delivered a commercially successful decentralized application without raising funds via an initial coin offering (ICO) model. As Aragon co-foun…

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Russia’s Ministry of Finance Publishes Draft of Cryptocurrency Bill

Russia’s Ministry of Finance Publishes Draft of Cryptocurrency Bill

Russia’s finance ministry has published a draft bill on “Digital Finance Assets” which outlines a framework for the regulation of cryptocurrency, tokens, and ICOs in Russia. If signed into law, the document will legalize cryptocurrencies, making …

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Cryptokitties Leads to Serious Ethereum Congestion, ICOs Can’t Launch

Cryptokitties Leads to Serious Ethereum Congestion, ICOs Can’t Launch

Less than three days after CoinJournal reported that a digital cat on CryptoKitties was sold for $117,712, CryptoKitties has become the largest decentralized application on the Ethereum protocol, accounting for more than 13 percent of the network’s tra…

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Decentralized Ethereum-Based AirBnB Records 300 Listings Within Its First

Decentralized Ethereum-Based AirBnB Records 300 Listings Within Its First

CryptoCribs, a decentralized Ethereum-based application which enables users to book spaces, rooms, and houses using cryptocurrencies including bitcoin and Ethereum, has already added 300 listings within its first month of operating. Peer-to-peer networ…

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Dutch Watchdog Warns of ICO Risks, Calls them a ‘Dangerous Cocktail’

Dutch Watchdog Warns of ICO Risks, Calls them a ‘Dangerous Cocktail’

The Dutch financial regulator has issued a new warning to investors about the risks linked to initial coin offerings (ICOs). The Netherlands Authority for Financial Markets (AFM) released a statement this week detailing the risks that they present to i…

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Augur Founder: Not Enough Developers are Working on Ethereum Scaling & Development

Augur Founder: Not Enough Developers are Working on Ethereum Scaling & Development

Joey Krug, the founder of Augur, the decentralized prediction market build on top of the Ethereum protocol, believes there is a shortage of talented developers working on Ethereum scaling solutions. In September, Ethereum co-founder Vitalik Buterin not…

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Celebrity Endorsements of ICOs ‘May be Unlawful’, Says SEC

Celebrity Endorsements of ICOs ‘May be Unlawful’, Says SEC

The U.S. Securities and Exchange Commission (SEC) has issued a warning to investors regarding initial coin offerings (ICOs) that are endorsed by celebrities. In a public statement released on the 1st November, the SEC said: “Celebrities and others are …

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Vitalik Buterin: 90% of ICOs Will Fail

Vitalik Buterin: 90% of ICOs Will Fail

At the ETHWaterloo hackathon held in Canada and judged by representatives from companies including Coinbase, Consensys, Slock.It and Augur, Ethereum co-founder Vitalik Buterin stated that 90 percent of initial coin offering (ICO) projects or ERC20 toke…

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Ethereum Co-Founder Vitalik Buterin on Lack of Incentives for Public Projects, Possible Solutions

Ethereum Co-Founder Vitalik Buterin on Lack of Incentives for Public Projects, Possible Solutions

Vitalik Buterin, the co-founder of Ethereum, has been vocal about the lack of incentives for public open-source projects and developers contributing to the open-source codebase of Ethereum and its scaling solutions. Core developers for public blockchai…

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The SEC is in Support of ICOs That Do Not Fall Under the Definition of Securities

The SEC is in Support of ICOs That Do Not Fall Under the Definition of Securities

According to Gil Penchina a partner at IDG Ventures and Flight.vc, the US Securities and Exchange Commission is in support of initial coin offerings (ICOs) that do not fall under the definition of securities. In a column, Penchina provided insights into the current state of the ICO market and the legality of specific projects such […]

This post The SEC is in Support of ICOs That Do Not Fall Under the Definition of Securities first appeared on Coinjournal.

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