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SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale


The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify...

Another Settlement: ICO That Raised USD 120K, to Pay SEC USD 225K


After EOS developer Block.one said it has settled with the U.S. Securities and Exchange Commission, another blockchain project announced the same news today. Nebulous, the company building the Sia decentralized cloud storage network, said it has entered into a settlement with the SEC and agreed...

Video Shows $10M Chinese Bitcoin Mining Farm in Flames


During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...

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