Tezos Team Prepares to Bring Their Technology to the Masses

By | May 2, 2018

Tezos Team Prepares to Bring Their Technology to the Masses It has been a while since we last heard from the Tezos ICO. After many problems plagued this particular project, it seems things may finally turn around for the company. With a new team in place and a lot of the issues having been sorted out, investors may finally get access… Read More »

Tezos Co-Founder Sanctioned By US Financial Watchdog

By | April 20, 2018

Tezos Co-Founder Sanctioned By US Financial Watchdog The co-founder of Tezos, the cryptocurrency project that made headlines with its $232 million initial coin offering last year, has received a sanction order from a U.S. financial regulator. According to a report by Reuters, the Financial Industry Regulatory Authority (FINRA) prohibited Arthur Breitman from association with broker-dealers for two years and… Read More »

Tezos Co-Founder Arthur Breitman Penalized By FINRA

By | April 20, 2018

Tezos Co-Founder Arthur Breitman Penalized By FINRA In the latest setback to befall the Tezos project, co-founder Arthur Breitman has been sanctioned by FINRA. Breitman is barred from contact with broker-dealers for two years and has been fined $20,000. In a settlement agreement dated April 18, the Financial Industry Regulatory Authority (FINRA) suspended Tezos co-founder Arthur Breitman from… Read More »

FINRA Fines Tezos Cofounder $20k For Morgan Stanley Disclosure Failures

By | April 20, 2018

FINRA Fines Tezos Cofounder $20k For Morgan Stanley Disclosure Failures US regulators have fined Tezos cofounder Arthur Breitman $20,000 and barred him from broker-dealer interaction until 2020, Reuters reports April 20. According to an agreement between Breitman and Wall Street’s Financial Industry Regulatory Authority (FINRA) sealed April 18, a failure to disclose “outside business activities” related to Tezos… Read More »

Belarus enters top 10 most friendly countries for cryptocurrency

By | May 20, 2018

Belarus enters top 10 most friendly countries for cryptocurrency The most open and suitable jurisdiction for cryptocurrency companies in Europe is Switzerland. Belarus is among those ountries which enter the top 10. Switzerland is called the most friendly country for cryptocurrencies, according to a study by BlockShow Europe 2018. The study analyzed the political, regulatory and business environment… Read More »

Envion ICO Turns Into a Legal Battle Despite Raising $100M

By | May 18, 2018

Envion ICO Turns Into a Legal Battle Despite Raising $100M The initial coin offering industry is plagued by scams, shady projects, and a lot of miscommunication. In the case of the Envion ICO, the founders are suing Matthias Woestmann and his corporation for breaching contractual obligations. This legal action against the shareholders of Envion AG, registered in Switzerland,… Read More »

SEC Encourages Investor Protection Through Parody ICO

By | May 16, 2018

SEC Encourages Investor Protection Through Parody ICO ETHNews has a strict policy of not reporting on initial coin offerings (ICOs) while they’re in progress, but even we couldn’t pass on this opportunity. On Wednesday, the Securities and Exchange Commission’s Office of Investor Education and Advocacy launched a mock initial coin offering (ICO) website, complete with a nine-page whitepaper,… Read More »

Flexibility Is Strength: Evolving The 'Smart' Contract

By | April 29, 2018

Flexibility Is Strength: Evolving The 'Smart' Contract Excited neophytes think that so-called “smart” contracts may be a panacea for all transactional or data management activities that take place in a developing technological ecosystem. It’s a mistaken assumption, but still a noble goal that could yield unexpected dividends. “Be like bamboo,” said my teacher, back when I was taking… Read More »

US Crypto Lawyer David Silver On Why He’s To Thank For Industry’s Increased Gov’t Scrutiny

By | April 28, 2018

US Crypto Lawyer David Silver On Why He’s To Thank For Industry’s Increased Gov’t Scrutiny Silver Miller law firm seems to be involved in almost every crypto-related lawsuit out there today, representing aggrieved users who have allegedly lost money to crypto industry giants Coinbase, Cryptsy, Nano, Kraken, BitConnect, Monkey Capital, Giga Watt, and Tezos, to name a few.… Read More »

In the Securities Era, ICOs Pleading Ignorance Have No Place to Hide

By | April 26, 2018

In the Securities Era, ICOs Pleading Ignorance Have No Place to Hide ICOs seeking to crowdfund their big idea have a quandary: should they register their token as a security, complete with the expense, delays, and paperwork this entails, or should they brand it a utility and hope the SEC doesn’t come after them? Last year, virtually everything… Read More »