Exclusive: Crypto Founder Lashes Out, Blames SEC for ‘Starving’ Innovation

Exclusive: Crypto Founder Lashes Out, Blames SEC for ‘Starving’ Innovation

Original Author: Matthew Proffitt – Go to Original Source

“My name is David Siegel, I am a regulatory refugee from the United States.” This is how David Siegel, founder of crypto projects Pillar and 20|30, starts his presentations. What challenges have you faced building projects within the blockchain industry? Siegel understands the need for innovation and disruption within economies, and he can get more done in the UK and Europe than he can in the US. His frustration is that institutional legacy mindsets are holding society back at the precise point when we have the ability to leap forward. I can hear the frustration in his voice as we

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Exclusive: Crypto Founder Lashes Out, Blames SEC for ‘Starving’ Innovation

‘Russian Facebook’ VK Wants to Turn its 100 Million Users into Crypto Fans

Original Author: Samantha Chang – Go to Original Source

VKontakte (also known as “VK”), which is Russia’s version of Facebook, is planning to issue its own cryptocurrency. The project is currently under development, but a final decision has not yet been made. The social media firm wants to create a cryptocurrency that all its users can implement, according to Russian news website RNS. VKontakte claims it has 97 million active monthly users. VK Launched Money Transfer System In 2018 If VKontakte is successful in rolling out its own cryptocurrency, users will be able to earn crypto for sharing interesting posts and accumulating “likes.” They can also use the digital

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Exclusive: Crypto Founder Lashes Out, Blames SEC for ‘Starving’ Innovation

Tezos Price Surges 57% in Days as Coinbase Fuels Another Crypto Rally

Original Author: Yashu Gola – Go to Original Source

The week is ending on a hugely positive note for the Tezos cryptocurrency. Tezos Races Ahead of Wider Crypto Market The blockchain project’s native asset XTZ today established a new weekly high towards $1.08 – up more than 17 percent in the last 24 hours. The latest push also brought the coin’s weekly gains to 57 percent, bringing the price a few steps closer to its November 19 high at $1.09. No other top-20 cryptocurrency came close to matching the breakneck Tezos rally. Volume-wise, crypto exchanges listing XTZ-enabled pairs reported trading activity worth a little above $8.2 million. Among those

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Exclusive: Crypto Founder Lashes Out, Blames SEC for ‘Starving’ Innovation

Tesla Wreck Hack Blindsides Unsuspecting Model 3 Owners

Original Author: Francois Auré – Go to Original Source

Your smartphone, your smartwatch, and your laptop are all probably recording your information. Big deal – you knew that already. But what you might not have known is that your Tesla Model 3 is also a veritable gold mine of personal information. Tesla Wrecks are an Unexpected Hacker Gold Mine A story broke recently of a “white hat hacker” who has been restoring wrecked Teslas and demonstrating just how much data is under the hood. Phone contacts, addresses, and even crash videos were all salvageable from the car in question. But it’s not only a wrecked Tesla that is a

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Exclusive: Crypto Founder Lashes Out, Blames SEC for ‘Starving’ Innovation

Massive Bitcoin Exchange Hack Exposes Bithumb’s Arrogant Disregard of Security

Original Author: Paul de Havilland – Go to Original Source

In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time the exchange has been successfully penetrated in less than a year. Is arrogance or incompetence to blame? Bithumb Hadn’t Even Repaired its Reputation Since the Last Hack The Bithumb hack saw the offenders make off with around $20 million worth of EOS and Ripple (XRP). Three million EOS were stolen, along with 20 million XRP tokens. Influential crypto analyst Dovey Wan initially tweeted that the exchange’s cold wallet had been targeted, though that ultimately proved

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