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The SEC is Investigating Cryptocurrency Activities – Here’s what it means for the future of ICO’s

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[ad_1] Yes, sure, the heavy hand of the government may move slow compared to the pace of blockchain innovation. But when it connects with its target – it really hits home – causing widespread impact and implication to the industries, companies and people that operate within them. Well the hand of the SEC has begun to move towards the cryptocurrency market . As per the SEC website – many different aspects of the industry are in the potentially heavy handed shadow. Currently under investigation ? ICO’s, Account Hacking, Insider Trading, Market Manipulation, Safeguarding Consumer Information, Trading Suspensions, and Exchange Listings. Be it an adjustment, a light slap, or crushing blow – here’s what it may mean for the future of ICO’s. Potential Avoidance of the US Market Wouldbe cryptocurrency startups, enthusiasts and market professionals understand that should the SEC move to drastically alter or crush the ICO market via regulation – ther...

IOTA Price Drops Below $2 After Solid Gains Over the Past two Weeks

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[ad_1] It appears to be a matter of time until most cryptocurrencies go through a brief correction. With all of these gains in the past two weeks, a retrace will materialize sooner rather than later. As of right now, most of the top currencies are still in the green, although the IOTA price is down by almost 2%. While this may be a flesh wound , the altcoin is also dropping value compared to Bitcoin, which is rather unexpected. IOTA Price Correction is Setting in It was to be expected some altcoins would start to suffer from bearish pressure. While we have seen plenty of bearish momentum during the first three months of 2018, the past few weeks have been different. With solid gains across the board, speculators and investors will take profit eventually. When that happens, a brief correction is almost inevitable, and it seems the IOTA price is the first to go through such a brief setback. More specifically, the IOTA price has seen a lot of positive momentum in the past two weeks. With...

EOS Price Surge Continues After Recent new All-time High

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[ad_1] With all cryptocurrencies still enjoying the current uptrend across the industry, things are looking rather interesting. Although this uptrend isn’t much of a surprise anymore, it is still good to see some currencies not major gains in the past 24 hours. As of right now, the EOS price continues to surge well beyond what it should be at, but that can be a good thing. Bullish EOS Price Trend Remains in Place It is quite interesting to see how all of the different cryptocurrencies are enjoying this upward momentum for quite some time now. More specifically, Bitcoin and most of the top altcoins have gone up in a nearly straight line for nearly two full weeks now. The EOS price is a good example of how this trend has materialized, even though one could argue this particular altcoin is going up at an alarming rate as of late. With the EOS price going from $6 to $21.97 in very quick succession, one has to wonder how legitimate this altcoin’s momentum is. Albeit few people w...

IBIN Introduces Blockshares to the Blockchain via International Blockshare Identification Number

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[ad_1] As the DIM Foundation ventures closer to releasing their new Hybrid Stock Exchange, a trading platform based on blockchain technology, they are all set to adopt innovative features to sustain the needs of the ever growing industry. April 28, 2018 Most people that are familiar with the Stock Market are aware of the need of acquiring an ISIN. The  International Securities Identification Number (ISIN)  is a 12 character code that uniquely identifies a specific security, such as stocks. It is the most popular securities identifier and is used globally. With the pre-registration for issuers and users soon to be opened, the inaugural DIM Ecosystem introduces the  International Blockshare Identification Number (IBIN),  a 13 digit, unique serial number used to identify a corporation or organisation for listing on the Hybrid Stock Exchange. It will be this unique  IBIN  that will be used as a reference to buy, sell, trade and hold equity, with all details ret...

Parsec Frontiers Announces Start of Token Crowdsale Opening Way to Stars Colonization

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[ad_1] On May 15, Parsec Frontiers , an online game about humanity’s colonization of the stars and planets in the Milky Way, starts the crowdsale of its tokens. The project has already succeeded in early presale stage. The team raised more than 700 ETH in January  during the closed sale round, while the soft cap for the sale was 400 ETH. There is not much time left before the stars will be open for travelers! Galaxy exploration starts in December 2018, when the first Ark ships leave the Earth, and about 900 spaceships will frequently leave the Earth for the following three months. After this, all additional spaceships must be crafted by players. The game is planned to be feature complete in December, 2019. “We are targeting regular space/strategy MMO game fans, to reach beyond the traditional crypto gamer crowd that buys crypto kittie tokens on Ethereum,” comments Henning Rokling, the project founder. “We are creating a full blown MMO for hardcore strategy g...

MercuryFX Confirms xRapid and XRP Trials Have Been Successful

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[ad_1] Over the past few months, there has been a lot of talk regarding financial service providers experimenting with Ripple technology. That list includes some big names including Western Union, MoneyGram, and MercuryFX. This latter company has confirmed that their recent trial with xRapid was successful. Going into production will be their next step. MercuryFX is Pleased With xRapid Conducting a proper trial with emerging technologies is always the first step in any industry. For financial service providers, these trials are even more critical, especially when bridging the gap between traditional finance, blockchain, and digital assets. MercuryFX is one of the many companies looking closer at what Ripple can bring to the table in this regard. In particular, the company’s xRapid solution is of great interest to these service providers. For those unaware of what xRapid does, it is a new source of liquidity for moving vast sums of money across borders. Under the hoo...

Advertising Bans Are the Best Thing That’s Happened to ICOs

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[ad_1] What do you think now that Google, Facebook , Twitter and LinkedIn have all banned any paid advertising around ICO marketing? I get this question a lot and personally I think it’s great! I’m not just saying that because I have to. These bans were precipitated by unwanted actions and they are exactly what the ICO marketing world needs. Users Can Feel More Protected Unfortunately many people have been fooled by ICO scams and millions of dollars have been lost as a result. Companies and social networks like Facebook and Google are acting in the public’s best interests—indeed, in the best interests of the blockchain industry—by putting in place the bans and other measures that will prevent scams and fishy campaigns from seeing the light of day. Scams Have Fewer Opportunities to Build Hype Earlier this year, a startup called Prodeum reached headlines, not for their amazing project, but because, after setting out to raise $6.5 million and successfully win...