Token issuers looking to fund their businesses with the proceeds should “start with the assumption that it’s a securities offering,” according to the SEC’s Jay Clayton. Author: Nikhilesh De
Tether Says Customers Can Once Again Deposit and Redeem Fiat
Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with the euro and U.S. dollar. Author: David Floyd
Fake Developer Sneaks Malicious Code into BitPay’s Copay Wallet
The Copay wallet from crypto payments processor BitPay has been compromised by a hacker, the firm warns. An updated version has been released. Author: Yogita Khatri
Employees Say Startup Civil Hyped Crypto Returns, But Failed to Pay
Civil was supposed to create a more transparent and democratic model for journalism, but so far, journalists working on its platform have yet to receive all of the compensation they say they were promised when hired. Author: Leigh Cuen
Coinbase Backs Security Token Startup’s $12.7 Million Funding Round
Security token startup Securitize has raised $12.75 million in Series A funding backed by Coinbase Ventures and Ripple’s Xpring, among others. Author: Nikhilesh De
