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SEC, CFTC Penalize Abra Crypto Wallet $300K for Selling Unregistered Stock Swaps | Crypto Briefing

July 14, 20207 months ago CoinCap 0 Comments Bitcoin, Business, Cardano, Chainlink, Crypto, Cryptocurrency, SEC, Security Tokens, Tezos, Tron, VEChain, Wallets

Key Takeaways

The SEC and CFTC have charged Abra with offering unregistered investment contracts and violating securities regulations
Abra and its partner company will jointly pay $300,000 in penalties to the SEC and CFTC
Abra will continue to operate as a standard cryptocurrency wallet

← Rolls-Royce, Gucci-flaunting scammers caught after FBI analyzes Bitcoin trail | CryptoSlate
Black wealth must ‘exit to Bitcoin,’ says author Isaiah Jackson – Decrypt →

DeFi market cap hits $8 billion – Decrypt

August 1, 20206 months ago CoinCap 0

Decentralized finance (DeFi) hype is surging, and the amount of money being poured into the burgeoning industry keeps reaching new heights. Today, the total DeFi market cap crossed another major threshold.

Journeys in Blockchain: Ray Youssef of Paxful – Cointelegraph Magazine

August 20, 20205 months ago CoinCap 0

“I’m coining this term right here, right now,” Ray Youssef declares. “Financial Apartheid.”
The CEO and co-founder of Paxful is on a mission. “It’s what has held Africa back more than anything else.

Blockstream’s Liquid pushes for DeFi with new decentralized exchange

September 8, 20205 months ago CoinCap 0

A decentralized exchange built on the Liquid network is opening for early access on Monday.
Called TDEX, the project has announced its entry into an Open Alpha stage. It’s being built by Sevenlabs — a firm that provides consulting and white-labeling services in addition to its current work.