The price of ether, the cryptocurrency of the Ethereum network, has fallen below $500 for the first time this year. The decline comes days after a senior official from the Securities and Exchange Commission acknowledged that the agency had “dozens” of open investigations into initial coin offerings. The price of ether has fallen 19 percent in the last 24 hours, from $580 to $470. “We’re doing obviously a lot in the crypto space, and we’re seeing a lot in the crypto space,” said Stephanie Avakian, co-director of the SEC’s Enforcement Division, at…
Read MoreMonth: March 2018
TSA Accused Of Searching Domestic Travelers’ Devices With No Warrant | Ars Technica
This lawsuit, which is meant to compel the TSA to fully respond to a Freedom of Information Act request, is related to another lawsuit (Alasaad v. Duke) brought by the ACLU to better understand such searches that happen when Americans return home from abroad. “The federal government’s policies on searching the phones, laptops, and tablets of domestic air passengers remain shrouded in secrecy,” said Vasudha Talla, staff attorney with the ACLU Foundation of Northern California, in a Monday statement. The advocacy group filed a FOIA request on December 20, 2017,…
Read MoreCoinbase Is Launching Its Own Cryptocurrency Index Fund | TechCrunch
When you’re the runaway leader in a growing industry, you typically have two opinions: A) Stay in your lane and let other companies pop up to solve the industry’s problems, or B) Try to offer as many products as possible and own the entire customer experience from A-Z (no Amazon pun intended). If there’s any doubt which option Coinbase is gunning for, that’s now gone. The digital currency giant just announced they’re expanding in yet another direction by launching a passively managed cryptocurrency index fund. The fund will have a $10,000…
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