Initial coin offerings (ICOs) have raised over US$1.5 billion in 2017 with 65 launches in China totaling 2.6 billion CNY, or US$389 million. But a notice from a committee led by the People’s Bank of China released earlier this week brought the multimillion-dollar industry to a halt. On Monday, the central bank ordered an immediate […]
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Last weekend I attended the Startup Societies Summit in San Francisco, organized by d10e. It was humming with energy and ideas, and at times it felt more like a festival than a conference. Here’s a summary of what went on there from educational talks by Balaji S. Srinivasan and Galia Benartzi of Bancor to decentralized dance parties.
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Russia has a complicated history with Bitcoin. The debate to ban the cryptocurrency has swayed back and forth for the past several years, even threatening extremely harsh prison sentences, but things have recently taken a more supportive turn.
Bitcoin’s focus is monetary; that of the the “free staters” is geographical. Their experiences – especially their mistakes – provide a unique lesson in what happens when a libertarian endeavor becomes prominent and established… as the crypto movement is beginning to.
When computer engineer Theo Chino recently went to visit one of his favorite Bitcoin sellers in sweltering Florence, Arizona, he was forbidden to wear shorts. Trading crypto was out of the question, and, he says, so was the possession of a writing instrument. That’s because Chino’s visit occurred at the Central Arizona Detention Center, temporary home to “Morpheus Titania,” one of America’s best-known “crypto-detainees.
Marcus Hutchins to be released on bail. Abusive treatment by the federal arm delivers a clear message: you’re not on an even playing field while on US soil.
The post MalwareTech arrest and bail in the face of aggressive US regulation appeared first on Crypto Insider – Bitcoin and Blockchain News.
With significant discrepancy between The DAO and virtual good-esque ICOs, we can expect the latter to be safe from the vice grip of US regulators for the foreseeable future. Entrepreneurs can still look towards ICOs as potential opportunities post the investigative report – but keep an eye out for further developments.
When the US government does get behind a blockchain initiative, the impact it will have will be tremendous. Thus, from this conference a glimpse of both immense destruction and creation on the horizon could be seen.