ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburs...
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this. In his judgment, US District Court Judge Alvin Hellerstein agrees with the US SEC’s contention saying “undisputed facts show that Kik offered and sold securities without a registration statement or exemption from registration, in violation of Section 5.” In a suit filed on....
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SALT has announced the waitlist for the SALT Card, its new credit card product, is now open. Better yet, as the company is actively designing the card, it’s allowing potential customers to share their thoughts and input on everything from material to style. If you want to weigh in and share your ideas with SALT’s […]
The SEC has confirmed it is taking action against SALT Lending after ruling the company's $47-million ICO was an illegal securities issuance.
An often misunderstood topic is that of chain splits and how they are potentially resolved. With the recent proposal from Shaolinfry discussing User Activated Soft Forks (UASF) getting much attention, these misunderstandings must be clarified to fully understand the implications of chain splits and their potential resolutions. Types of Forks. Miners can create chain splits through the deliberate orphaning of blocks that appear to be valid to some clients. Users maintain a set of consensus rules that they require of all blocks. When users disagree about the sets of consensus rules to....
Anthony Scaramucci discussed the SALT Conference, politics, our changing world and Bitcoin's future.
SALT is one of the first crypto lending platforms to offer dollar-denominated loans collateralized by Bitcoin and Ether. Crypto lending platform SALT has received a buyout offer from a prominent online investment platform — a move the company said could potentially enhance its product offerings and advance its mission of making digital assets more accessible to mainstream audiences. Bnk To The Future, or BF, has submitted a letter of intent to acquire SALT for an undisclosed amount, the companies disclosed Friday. The acquisition is contingent on both parties signing definitive agreements....