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Bitcoin Daily: SEC, Kik In Court Over Token Sale; Billionaire Tim Draper Eyes Investing In India’s Crypto Sector

PYMNTS

It contended that it had not had an unregistered securities sale as of the beginning of 2018 when the SEC first acted. In addition, the regulator disputed Kik’s contentions that half of its sale was just for accredited investors. The SEC contended that Kik sold tokens to investors with the idea that they would experience a return.

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Eric Satz, Founder and CEO of Alto?—?Expanding access to alternative investments

Wharton Fintech

I don’t think Bitcoin and Ethereum are going away. Alto’s goal to expand access to alternatives to more investors Eric: The majority of the client base is accredited investor, qualified purchaser. There’s what we refer to as the not yet accredited investor. Then there’s the accredited investor.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. As with a couple other companies on this list, the coinciding meteoric rise in Bitcoin price likely helped buoy investor interest in all things crypto at the time.). First Name. “I valued my IPO pricing at $5.”

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8 Trends Shaping The Future Of Blockchain Technology

CB Insights

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. In some cases, pre-sales offer discounted tokens to early investors (accredited and unaccredited). With all this, pre-sales are a mixed bag.

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How Blockchain Could Disrupt Banking

CB Insights

Last September, JPMorgan Chase CEO Jamie Dimon took a stab at Bitcoin: “It’s worse than tulip bulbs. We’ll provide the definitions and analogies you need to know for bitcoin, blockchain, cryptocurrencies, and more. Bitcoin transactions can take 30 minutes or up to 16 hours — in extreme cases — to settle.

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Despite Regulation, ICOs Raise Nearly $12B Through May

PYMNTS

Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 Yet even excluding those two ICOs, the fundraising total for the first half of 2018 still exceeds all of 2017. billion this year through May. billion ICOs raised all of last year.