The receiver for AriseBank, the Texas ICO issuer at the center of a securities fraud case, suspects the firm’s co-founders have not been entirely forthcoming with asset disclosures, documents show. According to a receivership report filed this week, co-founders, Jared...
The Bitcoin boom must have seemed like manna from heaven for former heavyweight boxing champion Evander Holyfield. In January 2018, in two separate tweets, Holyfield endorsed AriseBank, a “decentralized banking product” that purported to act like a cryptocurrency...
The shadiest parts of the cryptocurrency world have been drawing more attention in recent weeks. A flurry of regulatory activity on Tuesday may be start of another mass crackdown. In South Korea, one of the biggest cryptocurrency markets, new laws went into effect...
First it was a crackdown on "fake news", then on Russian ads, now it's cryptos. In a statement posted on its website on Tuesday afternoon, Facebook announced that it has created a new policy "that prohibits ads that promote financial products and services that are...
Texas Department of Banking : Commissioner Issues Cease & Desist Order Relating to AriseBank 01/26/2018 | 02:34pm EST PRESS RELEASE Date: January 26, 2018 Texas Department of Banking Commissioner Issues Cease & Desist Order Relating to AriseBank On January 5,...
Bitcoin is a virtual currency devised by the mysterious Satoshi Nakamoto as a revolutionary monetary system independent of central banks and governments. The currency is booming as an investment asset and form of payment in China, Japan and South Korea. The value of...
Well, shit. I’ve been watching this situation for a few years, and assuming it would just blow over so we wouldn’t have to talk about it here in this place where we are supposed to be busy improving our lives. But a collective insanity has sprouted around the new...
Seattle Seahawks Cornerback Richard Sherman has begun educating himself on cryptocurrencies and blockchain. He says while there is infinite potential there are still some issues in the space. Sherman says investors need to do their own research and look beyond...
Snapchat takes its secrecy seriously. Very, very seriously. Take the case of one former Snapchat employee. On his first day, he was forced to sit through an ominous orientation in which he was threatened with termination if he so much as breathed a word of what he was...
Independent feature film Braid will set a new precedent for independent film finance by using an ICO funding model. By leveraging the accounting and documenting elements of the Ethereum blockchain this new way of funding promises to disrupt traditional film...