News
Nearly Half of 2017’s Cryptocurrency 'ICO' Projects Have Already Died
"Last year was without a doubt the Year of Bitcoin, as exploding interest in cryptocurrency fueled a massive market runup. As if that wasn’t enough excitement, some speculators took the further leap to investing in cryptocurrency projects through a lightly regulated process called an “ICO,” or initial coin offering, in which a startup sells its own crypto token to raise money."
Montana Will Build $251 Million Cryptocurrency Mining Farm
"Power Block Coin LLC is getting into crypto mining in a major way, as it prepares to launch a $251 million cryptocurrency mining farm outside of Butte, Montana, according to a report by newsbtc.com."
Litecoin Cash Forks But Cryptocurrency Investors Barely Notice
"It has been just a few days since the litecoin blockchain was forked, and so far, litecoin cash (LCC) has failed to make much of a splash. It appears that the offshoot of the popular digital currency has yet to draw in a following."
Investigations Pick Up As Cryptocurrency Worries Permeate SEC
"The SEC’s Enforcement Division already has many cryptocurrency investigations going on, says Enforcement Co-Director Stephanie Avakian. Meanwhile, SEC Chair Jay Clayton predicts there will be more enforcement actions unless players in the industry change their behavior. Their comments came this weekend during the annual two-day SEC Speaks conference, where leaders of the regulator’s major sections said cryptocurrency has become an across-the-board priority."
