Coming every week, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.
Kik Launches $5 Million Crypto Funding Campaign for Lawsuit Against U.S. SECKik, a Canadian tokenized social media startup, has launched a $5 million crypto initiative in order to fund a lawsuit against the United States Securities and Exchange Commission (SEC). Kik CEO Ted Livingstone, also the founder of Kik’s crypto project the Kin Foundation (KIN), announced the formation of the Defend Crypto fund, which plans to legally challenge the SEC to get regulatory clarity surrounding the definition of securities in regard to cryptocurrencies. The fund will use major U.S. crypto exchange and wallet Coinbase’s custody service. The DefendCrypto campaign comes in the wake of the SEC’s actions against Kik’s $100 million initial coin offering (ICO) sale held in 2017, after which the regulator said that it had violated securities laws.
Report: Circulation of Facebook’s Crypto Could Face Demographic ChallengesBitcoin Hits All-Time High Versus Argentine Peso Amid Presidential Election RisksNorth Korea Launched Cryptocurrency Attacks in Response to Sanctions, Says FBICryptocurrency Broker Client Reportedly Aims to Acquire 25% of All Bitcoin SupplyKenetic Co-Founder: Bitcoin to Trade at $30,000 by Late 2019, Regardless of Bitcoin ETFComputer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple UsersPresident of Germany’s Central Bank Warns of Serious Outcomes of Digital CurrenciesResearchers Say 50,000 Servers Worldwide Infected With Privacy Coin Cryptojacking MalwareCryptocurrency Mixers and Why Governments May Want to Shut Them DownIran's Crypto Barometer — Regular Users Feeling the HeatBitcoin's Overnight Crash Doesn't Stop Experts From Remaining Macro BullishContinue Reading on Coin Telegraph
