Hong Kong’s Securities Regulator Issues Detailed Guidance for Security Token Offerings

hong-kongs-securities-regulator-issues-detailed-guidance-for-security-token-offering

  Hong Kong’s securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs), in a statement published on March 28. The guidance aims to clarify the legal and regulatory requirements for parties engaging in STO-related activities. The document opens with a proposed working definition of a security token and sale, noting that: “STOs typically refer to specific offerings which are structured to have features of traditional securities offerings, and involve Security Tokens which are digital representations of ownership of assets (eg, gold or…

Wells Fargo CEO Resignation Could Be Surprisingly Bullish for Bitcoin

Wells Fargo CEO Resignation Could Be Surprisingly Bullish for Bitcoin 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  Tim Sloan is out as CEO of the beleaguered Wells Fargo. The news sparked curiosity and hope among crypto players that his replacement is more open to the space than Sloan. While Wells Fargo execs were mum about who’d replace Sloan, the rumor mill chatter quickly began to spin. Making the list are several people from J.P. Morgan. Before you say that’s a wrap considering the outrageous comments its CEO Jamie Dimon has made about cryptos, just wait. Some of these people have expressed being open to cryptos. No…

Warning: This John McAfee-Pumped Cryptocurrency Has Major Red Flags

Warning: This John McAfee-Pumped Cryptocurrency Has Major Red Flags 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  By CCN.com: Another day, another John McAfee tweet pumping a cryptocurrency project that has alarming red flags. The latest dubious crypto token is called Apollo, an “all-in-one” cryptocurrency with supposedly-private transactions. Crypto Developers Call Out McAfee-Linked Apollo However, according to crypto development firm Jelurida, Apollo’s so-called privacy features promoted are not so private after all. https://t.co/X1s6hJVGOW — Ardorgate (@Ardorgate) March 28, 2019 Imagine if some company back in the days when you made your antivirus software would have copied/cloned your work, renamed to Mcfluffy, claiming to do tons of…

Apple Kills its AirPower Charging Mat to Do Something It’s Never Done Before

Apple Kills its AirPower Charging Mat to Do Something It’s Never Done Before 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  Apple’s cancellation of its AirPower wireless charging pad product is a black eye to its innovation image. The move marks the first time a product rolled out during one of its famed launch events isn’t going to see the light of day. What’s going on here?! Apple chalked up the cancelation to it not being able to bring the product up to meeting its high standards. What does that say about what is supposed to be the world’s most innovative company? Add its lackluster launch event this week, and…

Bitcoin

Bitcoin 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  By CCN.com: Erik Voorhees, the founder and CEO of ShapeShift, a leading crypto conversion platform, has said crypto is maturing and that despite the price trend of bitcoin and other major crypto assets, the industry has seen growth in key areas in recent months. Crypto is maturing. It is now firmly in its adolescence. — Erik Voorhees (@ErikVoorhees) March 29, 2019 In the past 15 months, the valuation of the crypto market has plunged from $813 billion to $143 billion, by 82 percent, and exchanges have seen an overall…

JP Morgan Beats Ethereum Studio ConsenSys with Most Blockchain Jobs

JP Morgan Beats Ethereum Studio ConsenSys with Most Blockchain Jobs 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  According to data made available to CCN from Indeed.com, one of the companies doing the most hiring in the blockchain sector is none other than JP Morgan. Others who topped the list are Deloitte and IBM (unsurprisingly). The rest of the top 10 companies with blockchain jobs (or jobs in the cryptocurrency sector) is as follows: • KPMG • EY • Accenture • Cisco • Microsoft • Conduent • ConsenSys For the most part, these companies are not surprising. What is surprising is that ConsenSys, the most significant player…

Uber’s $14 Billion Blunder – Not Buying Out Lyft When it Had the Chance

Uber’s $14 Billion Blunder – Not Buying Out Lyft When it Had the Chance 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  By CCN.com: As the headlines fill with talk of a mad dash for the Lyft IPO, Uber must be wondering why they didn’t crush their rival when they had the chance. It is not like these two companies came up together; Uber has always been more prominent and more global. So why did they allow Lyft to become such a thorn in their side? Uber Thought $9 Billion Lyft Price Tag Was Way Too Expensive Well, it’s not like Uber didn’t consider buying Lyft. In 2014 there was some…

North Korean Hackers Don’t Give a $#%! about Crypto Winter

North Korean Hackers Don’t Give a $#%! about Crypto Winter 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

North Korean Hackers Don’t Give a $#%! about Crypto Winter The cryptocurrency sector may still be in a bearish phase, but the state-sponsored North Korean hacking group Lazarus remains absurdly bullish on the bitcoin industry – at least if its continued focus on the sector is anything to go by. For Lazarus, Crypto Exchanges are the Geese that lay Golden Eggs Per cybersecurity firm Kaspersky Lab, both Mac and Windows OS users remain vulnerable to the group’s ongoing hacking effort. Lazarus is understood to have launched the operation in November…

Wuabit Service Means Users Can Send Crypto through WhatsApp

Wuabit Service Means Users Can Send Crypto through WhatsApp 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  According to Medium, Bitcoin and other cryptocurrencies will be able to be sent through the WhatsApp messaging service. A new crypto wallet service developed by Wuabit will mean the sending of crypto via WhatsApp. Wuabit The Wuabit service will give users access to their tokens through WhatsApp. In essence, the wallet will appear linked to WhatsApp and is capable of all the regular wallet functions. This includes sending, receiving, and trading crypto assets. According to Wuabit, it is a “cryptocurrency wallet accessible via a chat interface.” The Wuabit team is planning…

EOS and ADA Surge as Bitcoin Recovers to $4,050: Factors Behind the Rally

EOS and ADA Surge as Bitcoin Recovers to $4,050: Factors Behind the Rally 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  In the last 24 hours, the bitcoin price recovered beyond the $4,000 mark as alternative cryptocurrencies in the likes of Cardano (ADA) and EOS surged by more than 10 percent on the day. The price of bitcoin has slightly increased in the past 24 hours (Source: Coinmarketcap.com) Many tokens and crypto assets including Nuls, Wanchain, Ontology, Crypto.com, OmiseGo, and others have increased by 5 to 15 percent against both bitcoin and the U.S. dollar, demonstrating strong momentum. Strong Movement of Alternative Crypto Assets Was Crucial For Bitcoin On Wednesday,…