Coming every Sunday, 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.
SEC tells Telegram its crypto is worth less than donutsThe United States Securities and Exchange Commission has gotten its claws out as it takes Telegram to task over its offering for Gram tokens. In a feisty memo to the Southern (NYSE:SO) District Court of New York, the regulator rejected the messaging platform’s claims that its tokens are a commodity. It wrote: “Unlike gold, comic books, and Krispy Kreme donuts — commodities Telegram compares to Grams — Grams have no intrinsic value.” Ouch. Telegram raised a cool $1.7 billion through an ICO in 2018, but the company is accused of failing to register with the SEC in advance. The commission’s latest memo went on to accuse Telegram of doing “a two-step around registration provisions.”
$12 to $12,000: The $100,000 Bitcoin halving is fewer than 100 days awayBitcoin ain’t what it used to be, pioneer investor saysCoinbase and Ripple execs unveil masterplan to drive U.S. crypto adoptionCybercriminals hide crypto mining script behind Kobe Bryant wallpaperBitcoin $100,000 bull run is here, say crypto YouTubersTrezor wallets can be hacked, Kraken revealsFormer UFC star and BTC bull Ben Askren: “I think XRP is a scam”LocalBitcoins quietly suspends accounts in multiple regions without noticeDavos 2020: Awaited regulations, unexpected enthusiasm, new challengesAs the WEF warms to crypto, its head of blockchain talks empowermentFive of the most expensive NFTs sold in 2019Continue Reading on Coin Telegraph