AI-Enhanced Crypto Investment App Developer Ember Fund to Raise $1 Million
November 2, 2019
Los Angeles-based Ember Fund, the developer of an artificial intelligence (AI)-enhanced digital asset portfolio app, is planning to raise as much as $1 million through a fundraiser that has been approved by the US Securities and…
Bitfinex's Former Payment Processor Crypto Capital's Oz Yosef Indicted in NY Court
October 28, 2019
The US Attorney for the Southern District of New York indicted Oz Yosef, an executive at Crypto Capital, on three criminal counts.
According to an October 23 court filing, Oz Yosef was indicted by US authorities on charges involving…
“Hell No”: Twitter CEO Jack Dorsey Confirms He’ll Never Join Facebook’s Libra Project
October 25, 2019
Jack Dorsey, CEO of two multi-billion dollar companies, microblogging network Twitter and payments technology firm Square, has said that Twitter will never join the Facebook-led Libra stablecoin project.
On October 24, a Twitter thread…
Blockchain Ventures Acquires Stake in DLT Game Tech Development Firm Enjin
October 24, 2019
The venture capital division of digital asset wallet, data and exchange company Blockchain.com has reportedly acquired a stake in blockchain game tech development company Enjin.
🎮 Get ready to enter the gaming multiverse. @enjin…
Facebook's Libra Charter Signed By 21 Organizations During Meeting in Geneva, Switzerland
October 15, 2019
The Libra charter has been signed by 21 organizations, just days after several high-profile payment processing and e-commerce companies withdrew from the controversial stablecoin project led Facebook.
The Libra Association named its…
G7 Group of Nations Warns that Global Stablecoins Threaten Existing Financial System
October 14, 2019
The G7 group of nations has prepared a draft report which notes that globally accessible stablecoins pose a significant threat to the existing financial system.
According to BBC, G7’s draft report detailed the different risks…
IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040
October 13, 2019
The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season.
A draft of the…
SEC, CFTC, FinCEN Issue Warning to Crypto Industry to Adhere to Banking Laws
October 12, 2019
The heads of three US financial regulators have issued a warning to the crypto asset industry to adhere to relevant banking laws.
In a joint statement released on October 11, signed by Commodity Futures Trading Commission (CFTC)…
