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SEC Orders Blockchain Company to Pay $24 Million Penalty for Unregistered ICO
https://www.sec.gov/news/press-release/2019-202
Block.one agrees to pay $24M penalty for unregistered EOS ICO
Block.one agrees to pay $24M penalty for unregistered EOS ICO
Visualization of the SEC's $24mil $EOS fine vs. their original $4.1bil raise: pic.twitter.com/iGbdnnlxXv
— The Crypto Dog? (@TheCryptoDog) September 30, 2019
By far the most important part of the @block_one_ settlement is that it suggests that the pre-product, pre-launch ERC-20 version of the EOS token was a security, but the post-product, post-launch EOS token is not.
— Erik Voorhees (@ErikVoorhees) September 30, 2019
Kik Messaging App to Shut Down Following SEC Lawsuit Against ICO
https://www.coindesk.com/kik-messaging-app-to-shut-down-following-sec-lawsuit-against-ico
Update to the https://t.co/f2aAFbwfT6 $24 million settlement with the SEC:
I compiled both the SEC settlement order AND the settlement letter that their lawyer sent to the SEC.
And annotated it. Trust me, you're going to want to read this.https://t.co/Z5nRoQJqPH
— Katherine Wu (@katherineykwu) October 1, 2019
Tron Investors Need to Worry About Binance’s TRX Death-Grip
https://www.ccn.com/tron-investors-worry-about-binances-trx-death-grip/
A big congratulations to our newest SR @binance. ???
Binance rocketed to the top of the #TRONSR today with more than 12,000,000,000 votes!
Check out https://t.co/VxhQhE7giQ for all the details! #TRON #TRX $TRX pic.twitter.com/bVCSlXCGzE— Justin Sun? (@justinsuntron) October 1, 2019
Bakkt ‘In Talks’ With Consumer Brands Looking to Accept Bitcoin (BTC) and Crypto
Bakkt ‘In Talks’ With Consumer Brands Looking to Accept Bitcoin (BTC) and Crypto: Report
https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541
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Just thought I'd let you know that I've been following your content for a while – and I've seen the quality of the content you're providing get better and better. Your videos have become an integral part of my daily routine on my commute to work. Thank you for taking the time and effort you put into consolidating information from various sources into a concise, easy-to-understand format. I wish you all the best in growing your channel!
I’m honestly upset you went against Roy G. Biv rules in the thumbnail
binance is now staking for you from your trx wallet
Yeah just give them some money and you can move on. The real mafia
Bend the knee to the SEC and you'll be fine…
Pay it in BTC???
Justin sun recently made a video about, changing delegate stuff. So there will be more delegates coming in vs. current model, meaning that the project will become decentralized. Everyone is giving binance a pass in the industry despite whole digibyte shitstorm and unreasonable withdrawal fees. But ppl seem to give a pass at anything long as they can profit.
Basically this means you have to pay to play. What a world we live in……
I wonder what this means for Veritaseum (VERI) who is fighting back at the SEC.
Regarding Tron: Binance is staking their customers TRX, yes, but those customers will in turn get rewarded off of that staking daily from the Binance Node rewards. Nothing nefarious at all, only extra benefits to those customers who leave their TRX in their Binance accounts. Expect more exchanges to follow suit as well.
Fantastic video once again Altcoin Daily. The quality of your videos is impressive, and the amount of content you produce is crazy. Keep it up 🙂 Just subscribed actually!
Now, I'm sure these regulations is good for SOME, I mean, protecting people etc. etc… But I don't like the fact that the government wants to CASH in on this (Taxes, restrictions, etc. etc.)
I'm gonna move my trading to Decentralized solutions, to combat this. One of them I've found promising, yet to be released however, is the Stakenet Lightning DEX.
Stakenet will be ran by it's 2100+ masternodes, who will act as service nodes, route lightning payments, and run other dApps as well. One being the Stakenet Multi Currency Wallet – with 1-click lightning swaps + TOR-integration for privacy.
All the fees involved is used to buy-back XSN on the open market, and distribute it to the masternodes running it all.
Stakenet got everything you want in an Altcoin basically – Privacy, Lightning fast (Literraly) low fees, HUGE benefits for masternode owners, enhancing services for the crypto community, and much more.
I'd love if you would talk about the project eventually, only reason it isn't on the front page of Coinmarketcap is: Launched in the middle of the bear market (March 2018), and not currently listed on any major exchanges, a part from Coinall (OKEx partner).
SEC, government organization that works like a legalized Mafia but more ruthless.
great work, I am assuming By Me A Beer, is your BTC receive address?
Great news!
Glad to see that news about tron, I hope justin sun and his token burn to the ground. Copy another whitepaper while your at it justin
EOS is a heaping piece of shit and always will be. 4.1 fucking billion for an ICO. What a joke.
cryptos power!
Exactly it’s chump change it was supposed to be this was a slap on the hand like they do to the large corporations that do the same basic thing much worse though large corporations have been known to steal billions EOS did not steal anything from customers they mean we just weren’t in compliance so what happened immediately after the news was out there EOS price jumped
I can't believe there are people who keep their coins on an exchange… How numb can you be?
GO EOS ?
From my understanding, Binance is staking TRX on their users behalf. Rewards get deposited to trx holders on binance, why is that bad?
Hi Austin! Thank you for your analysis. I didn't get it before you compared Blockone to Kik. Have a good one!
shweeeet
I am fully loaded on different alts including #Tokoin, #xlm and many more and I can hardly wait for alseason to be here.
You have to pay the mafia first.
Excellent Video, Thank you!
Absolutely true Mitchell, Sec can only drop laws against projects that looks suspicious and blur. However, Tokoin is a top notch project that can give a handsome reward within a very short period of time, it has shown it potentials with what it raised in its IEO and its superb volume i urge us to invest in it as Tokoin is the future.
I have to say… what a huge difference between how you deliver the news of security announcements than other channels that insult, made fun and get hype on this topic. Very mature and professional. Thanks my friend!
Money talks!
I own BTC, BCH, and LTC. You gotta be a shit-head to buy shit-coins.
Go Eos! Ready for liftoff.
Nice ??
SEC, gatekeeping motherf. The point of cryptos is to say up yours to the regulatory losers that just want to ensure that they are in long before the regulars
EOS can thank SEC Commissioner Hester Pierce for this favorable ruling. I can’t imagine how this would turned out without her being there.
ETH is a Security. EOS is not a Security. Excellent !
All the SR rewards from binance goes back to the voters, you are wrong about that story on Tron, you might need to dig a bit deeper to understand how the super representatives work on the Tron blockchain
Strange that sec can do what they want and just colect money as they will , and no athority steps in , in eny contry as well
VENI VIDI EOSIO
See what the SEC has done to Veritaseum. An ERC20 token whose inventor made every effort possible to work with them. The SEC was unresponsive except they interfered with VERI's progress in Jamacia and then hit VERI with a frozen account and a complaint.
Wow is amazing how we feed this bloodsuckers and on top of that have to accept that they were created to protect us from crimes, but the truth is that behind doors they just settled what they need to keep their lifestyle going , that's the sickness of majority of the governments if not all the governments around the world.
There will be no regulation, period. Regulators will be dealt with swifty, just like in south Korea
Good for EOS.
Sec is about that money. U got the funds, then you can carry on. If you don't have the funds, well you do not pass go and you do not collect 200 dollars.