The COMET Centers, which are coordinated by the Austrian Research Promotion Agency (FFG), have approved the Austrian Blockchain Center (ABC) in Vienna, according to a Nov. 29 press release. ABC involves 21 scientific institutions, 54 companies, 17 associated participants, and 16 international institutions and companies. According to the release, the research center will be multidisciplinary
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The U.S. Securities and Exchange Commission (SEC) has charged professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled for unlawfully advertising Initial Coin Offerings (ICOs), according to a press release published Nov. 29. Per the announcement, the SEC found that Mayweather did not disclose promotional payments from three ICO issuers, including $100,000 from cryptocurrency
Bitcoin just ended its worst-performing month in seven years in terms of month-over-month price declines. The world’s largest cryptocurrency began November at an average price across exchanges of $6,341, but as of 0:00 UTC on December 1 is trading at just $3,964, according to CoinDesk’s Bitcoin Price Index. As it stands, the near $2,400 drop in
Nobody gets away with fraud in the SEC’s eyes. The latest pair to be hit with SEC charges include pro-boxer Floyd Mayweather and music producer DJ Khaled. SEC Charges Mayweather and Khaled The Securities and Exchange Commission charged the pair with the improper promotion of initial coin offerings or ICOs for cryptocurrencies. Neither party revealed to