Monthly Archives: November 2018

SEC Fines Floyd Mayweather, DJ Khaled for ICO Promotions

The U.S. Securities and Exchange Commission (SEC) has settled charges with professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled – better known as DJ Khaled – for not disclosing that they were paid to promote initial coin offerings (ICOs). Announced Thursday, the regulator said that Mayweather received $100,000 from Centra Tech, as well… Read More »

US Judge Denies SEC Push for Injunction Against Crypto Startup

A federal judge has denied a preliminary injunction filed by the U.S. Securities and Exchange Commission (SEC), which sought to freeze assets belonging to crypto startup Blockvest based on alleged violations of securities laws. In a ruling dated Nov. 27, U.S. District Judge Gonzalo Curiel ruled that the SEC has not proven that Blockvest –… Read More »

Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange

Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity. Deposits will be accepted for at least 12 hours after… Read More »

Iranian Bitcoin Users Are Already Being Affected By New US Sanctions

On Wednesday, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced that two bitcoin addresses tied to Iran residents Ali Khorashadizadeh and Mohammad Ghorbaniyan were being added to its Specially Designated Nationals sanctions list, a first for the office. Hours later, Telegram channels across Iran began to light up with chatter about privacy… Read More »

ConsenSys Backs $2.1 Million Funding Round for Ethereum Privacy Startup

ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup that’s working to make ethereum transactions private so financial institutions can comfortably use the second-largest blockchain. Announced Thursday, other investors in the round include Entrepreneur First, Samos Investments, Jeffrey Tarrant (Mov37) and Charlie Songhurst. AZTEC, created by the mathematician Tom Pocock and… Read More »

Coinbase, DCG Join $4.5 Million Seed Round for Crypto Evaluation Startup

Flipside Crypto wants investors to think beyond market capitalization, and Coinbase apparently agrees. Revealed exclusively to CoinDesk, the exchange’s Coinbase Ventures arm and Digital Currency Group co-led the analytics startup’s extended seed round that closed on November 21, alongside True Ventures and Castle Island Ventures. Although the size of Coinbase’s investment was not disclosed and… Read More »