The United States Federal Trade Commission (FTC) has settled charges it filed in 2018 against an alleged crypto pyramid scheme involving four individuals. Terms of settlement According to an official statement on Aug. 22, the regulator permanently banned the defendants from multi-level marketing and misrepresenting investment opportunities and charged a total of over $500,000 as
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“It feels like a DAO renaissance.” That’s how Anastasia Andrianova, founder and CEO of blockchain-based financial protocol Akropolis, described her experience from both the Dappcon and ETHBerlin conferences this week. Hosted as parallel conferences for three days at the Technical University of Berlin, roughly 800 ethereum developers from all over the world gathered to discuss,
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Cryptocurrency and telecommunications company Telx Technologies announced the launch of the first crypto SIM card wallet that enables transactions via SMS. According to the company’s Medium post published on Aug. 22, the card allows its users to send cryptocurrencies via SMS with their dedicated crypto phone number. Notably, these transactions do not require a smartphone
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New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities.  It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22. Sentiment correlation with market cap Augmento notes that Tether sentiment does
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At least three investors in Facebook’s Libra cryptocurrency are considering disassociating with the currency following intense regulatory pushback. According to a report published in the Financial Times on Friday, some backers are fearful that the spotlight placed on the social media giant’s proposed cryptocurrency will also bring their own separate, independent businesses into disrepute. Two
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