- New York Lawmakers Are Open to Revisiting the BitLicense;
- South Korean Cryptocurrency Exchanges Evaluate Self-Regulations;
- Montana Scores $250 Million Bitcoin Mining Campus;
- Bank Of America Cites Cryptocurrency Risks In Annual SEC Filings
- Titanium ICO Suffers Theft of 16 Million Tokens from Company Wallets
- Daily Crypto Calendar, February 24th 💰
New York Lawmakers Are Open to Revisiting the BitLicense
"Anyone in the crowd that does not think the BitLicense needs to be reformed?"
Not a word from the audience. Then, a few seconds later, laughter at the awkward silence.
But the question itself, posed by New York state senator Jesse Hamilton at a roundtable Friday, hinted that the controversial 2015 regulation may soon be revisited.
Read more & Source: https://www.coindesk.com/bitcoin-crypto-ny-lawmaker-pledges-make-bitlicense-something-works/
South Korean Cryptocurrency Exchanges Evaluate Self-Regulations
An association of South Korean cryptocurrency exchanges said that it is planning to check if its members are following a set of self-regulatory cryptocurrency measures adopted last year, local journal Yonhap News reported Feb. 21.
The Korean Blockchain Industry Association, which is currently comprised of 33 of South Korea’s cryptocurrency exchanges, stated that it is going to carry out evaluations of 21 participants, including major trading platforms Coinone, Bithumb, and Korbit.
Read more & Source: https://cointelegraph.com/news/south-korean-cryptocurrency-exchanges-evaluate-self-regulations
Montana Scores $250 Million Bitcoin Mining Campus
The Big Sky Country state of Montana keeps raking them in. For the second time this month, a mining operation is announcing its moving to the Butte area. Power Block Coin LLC is reportedly plunking down a quarter of a billion dollars to upgrade existing facilities to mine the world’s most popular cryptocurrency, bitcoin.
Read more & Source: https://news.bitcoin.com/montana-scores-250-million-bitcoin-mining-campus/
Bank Of America Cites Cryptocurrency Risks In Annual SEC Filings
In its annual 10-K filing with the US Securities and Exchange Commission (SEC), Bank of America (BofA) made several references to cryptocurrencies as risk factors. This is the first time that BofA has formally documented concerns about virtual currencies.
Read more & Source: https://www.ethnews.com/bank-of-america-cites-cryptocurrency-risks-in-annual-sec-filings
Titanium ICO Suffers Theft of 16 Million Tokens from Company Wallets
We have seen multiple initial coin offerings suffer mysterious hacks and other problems after their token sales ended. It is one of the major issues associated with this particular industry. Titanium, a relatively new ICO, has fallen victim to the theft of 16 million ICO tokens. It seems this may have been an inside job, although that has not been confirmed as of right now.
Read more & Source: https://themerkle.com/titanium-ico-suffers-theft-of-16-million-tokens-from-company-wallets/
Daily Crypto Calendar, February, 24th
- Phore (PHR)
Phore will reveal it's finalized branding
- Matchpool (GUP)
The first full-time event of match pool is held at the Seoul Seocho Loop Tower.
- UTRUST (UTK)
Next week we are launching our new website, including a strong rebrand, and first previews of the platform.
- LoMoCoin (LMC)
As a gift from us to celebrate Chinese New Year, we are giving out a total of 5,000,000
tokens for all our users!
- DigiByte (DGB)
"The first #DigiByte v6.16.1 block has been mined in the wild! Things are looking good for a beta release by the end of this week!"