All cryptocurrencies are crashing, and we have no idea why
By Chris Smith From BGR It was just Wednesday that we told you all cryptocurrencies were tanking, save for Bitcoin, which was trading well above $11,000. Sure, Bitcoin’s priced dropped compared to Tuesday’s highs, but it didn’t seem to be…
How to structure an ICO and an ICO Fund in Cayman Islands
By Chris Richardson From Escape Artist 2017 will be remembered as the year of Bitcoin. The first 3 quarters of the year will be remembered as the start of the ICO boom… at least until the SEC came in and…
CEO of alleged $600 million crypto fraud: ‘I can sleep at night knowing that I did my best’
By Chris Mills From BGR Crypto-currencies are, to put it mildly, exploding right now. The rise of Bitcoin is thoroughly documented, but a hundred thousands other companies are piling it to get a share of the hottest thing in tech….
New Crypto Exchange promises dividends to investors
From COINTELEGRAPH Earlier this January, the global cryptocurrency market exceeded $700 bln, reaching an all-time high in the valuation of all cryptocurrencies combined. Market capitalization amplifies an asset’s value by that asset’s overall amount in circulation. The spike occurred as…
Massachusetts sues ICO organizer for alleged securities violations
By Nikhilesh De From Coin Desk The Massachusetts Securities Division is charging a resident of the state with violating securities and business laws through an initial coin offering (ICO) The division, part of the Office of the Secretary of the…
Cryptocurrency exchange EtherDelta got replaced with a fake site that steals your money
BY STAN SCHROEDER From Mashable Popular cryptocurrency exchange EtherDelta got hacked in spectacular fashion Wednesday, with many users unknowingly sending their tokens to the hacker instead of the exchange.At least 308 ETH ($266,789) were stolen, as well as a large…
SEC halts Virtual Coin Offering, warns investors of Cryptocurrencies
From Newsmax The chairman of the U.S. Securities and Exchange Commission (SEC) on Monday warned investors of the dangers of putting their money into cryptocurrencies, saying trading and public offerings in the emerging asset class may be in violation of…
Cobinhood chief apologises over special rates for ICO fundraising
By Chloe Cornish in San Francisco From FT Jamie Foxx-endorsed cryptocurrency offering under fire for secret discounts The chief executive of Cobinhood, a Taipei start-up that has raised nearly $10m through a so-called initial coin offering has apologised for offering…
Cayman Islands Right to Know Day 2017 Thu Sept 28
Freedom of Information Annual Statistics (2016-17) INTRODUCTION The Freedom of Information Law (FOI Law) came into effect over eight years ago, and this report provides part of the statistical background against which Freedom of Information (FOI) in the Cayman Islands…
The explosive popularity of Initial Coin Offerings raises more questions than answers
From Business Insider Australia If you’re trying to wrap your head around Initial Coin Offerings (ICO), you’re not alone. While debate rages around whether major cryptocurrencies such as Bitcoin and Ethereum are in a bubble, there are also new ICOs…