Messari Wants to Standardize ICO Transparency

Floyd Mayweather, DJ Khaled Charged by SEC for ICO Promotion

  • The celebrities promoted multiple ICOs last year, receiving hundreds of thousands of dollars in exchange, according to the SEC
  • After asking to be called “Floyd Crypto Mayweather” in a tweet, the boxer is now banned from ICO promotion for three years, per reports
  • SEC appears to apply federal securities laws to ICO disclosures

FBI Arrests Crypto CEO for Defrauding Investors of $4M

  • AriseBank ICO’d in 2017; CEO claimed to raise $600 million
  • CEO promised world’s “first decentralized banking platform” and Visa-branded credit cards
  • Faces a potential prison term of 120 years

During Distributed: Health’s Investor Pitch Sessions, Startups Sought to Decentralize Healthcare

There is no shortage of ideas in the healthcare startup world. Healthcare entrepreneurs and innovators all around the world are working to develop the right business models that can solve the tough problems faced by the health sector, and many see blockchain technology as a key for success.

As a testament to this, on November 5–6, 2018, the Distributed: Health conference played host to investor pitch sessions during which 11 companies proposed their ideas for addressing healthcare’s pain points with decentralization. These pitch sessions were composed of a diverse audience of healthcare professionals, investors and technologists.

DTCC Moves Closer to Blockchain-Powered Trades

The world’s largest financial clearing and settlement provider said that its blockchain-based financial processing infrastructure is now complete and ready for real-world testing. That’s according to an announcement on November 6 from the Depository Trust & Clearing Corporation (DTCC), which reported that a new, blockchain-powered version of its Trade Information Warehouse (TIW) platform has entered testing.

The DTCC has already made more than a few headlines in the blockchain world. By 2016, it was exploring blockchain-based solutions for financial trade processing. It announced in early 2017 that it was working with IBM, Axoni and R3 to begin building a distributed ledger framework for post-trade derivatives processing, and later that year, it reported that it was on track to roll out a blockchain-based platform for tracking credit default swaps by early 2018.