The News Of Tomorrow, Today
The News Of Tomorrow, Today
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Encrypted messaging app Telegram has already raised such a mind-boggling amount of cash from private investors that it’s scrapping its plans to carry out a broader initial coin offering available to the public, per The Wall Street Journal.
Hey, remember initial coin offerings, the almost totally unregulated form of investment vehicle in which investors trade real cash or assets in exchange for virtual “tokens” in cryptocurrency-backed startups? You know, that hot new crypto market that the Wolf of Wall Street, Jordan Belfort, warned everyone was rife with scams? Those…
The US Securities and Exchange Commission launched a new cyber fraud unit earlier this year amid the internet’s ongoing Bitcoin boom, seemingly telegraphing its intent to crack down on a cryptocurrency market rife with hacking, fraud and scams. The first thing on its agenda was likely always going to be…
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