SALT(SALT)

Airdrop riches and FOMO are fueling a run on Apple's pricey VR headset at mtnDAO, the Solana blockchain's largest community-run coworking meetup, in Salt Lake City.

Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive.

The US SEC on Thursday secured a temporary asset freeze, restraining order and further emergency relief against Digital Licensing, a Draper, Utah-based entity operating as DEBT Box. The US Securities and Exchange Commission (SEC) announced it had obtained emergency relief against DEBT Box and four of the company’s principals. In its continued crackdown on crypto fraud, the SEC obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Draper, Utah-based entity operating as “DEBT Box.” The agency also acted against four of the company’s principals, Jason Anderson, his brother Jacob Anderson, Schad Brannon, and Roydon Nelson, along with 13 other defendants for their connecting to a scheme to sell crypto asset securities to US investors which raised around $50 million and an undisclosed amount of Bitcoin (BTC) and Ether (ETH). According to the securities agency, the defendant sold unregistered securities called “node licenses” to unsuspecting victims. In the scheme, which started operating in March 2021, the defendants said to investors that the licenses would mine crypto and, in turn, increase in value when the defendants actually created the crypto using code on a blockchain. Tracy S. Combs, Director of the SEC’s Salt Lake Regional Office, said in a press release: “We allege that DEBT Box and its principals lied to investors about virtually every material aspect of their unregistered offering of securities, including by falsely stating that they were engaged in crypto asset mining.” Adding, “We filed this emergency action to protect the victims of the defendants’ unlawful actions and stop further harm.” The SEC charged the 18 defendants, including the four principals mentioned above, with engaging in unregistered securities offerings. “DEBT Box, Jason Anderson, Jacob Anderson, Brannon, Nelson, Franklin, Western Oil, and Bowen were also charged with violations of the antifraud provisions of the federal securities laws. Jason Anderson, Jacob Anderson, Brannon, Nelson, Bowen, Mark Schuler, Benjamin Daniels, Joseph Martinez, Travis Flaherty, Brendon Stangis, Matthew Fritzsche, B & B Investment Group, LLC, and iX Global, LLC were charged with acting as unregistered brokers.” The SEC charges seek permanent injunctive relief, the return of the ill-gotten gains, and further civil penalties. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The US SEC on Thursday secured a temporary asset freeze, restraining order and further emergency relief against Digital Licensing, a Draper, Utah-based entity operating as DEBT Box. The US Securities and Exchange Commission (SEC) announced it had obtained emergency relief against DEBT Box and four of the company’s principals. In its continued crackdown on crypto fraud, the SEC obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Draper, Utah-based entity operating as “DEBT Box.” The agency also acted against four of the company’s principals, Jason Anderson, his brother Jacob Anderson, Schad Brannon, and Roydon Nelson, along with 13 other defendants for their connecting to a scheme to sell crypto asset securities to US investors which raised around $50 million and an undisclosed amount of Bitcoin (BTC) and Ether (ETH). According to the securities agency, the defendant sold unregistered securities called “node licenses” to unsuspecting victims. In the scheme, which started operating in March 2021, the defendants said to investors that the licenses would mine crypto and, in turn, increase in value when the defendants actually created the crypto using code on a blockchain. Tracy S. Combs, Director of the SEC’s Salt Lake Regional Office, said in a press release: “We allege that DEBT Box and its principals lied to investors about virtually every material aspect of their unregistered offering of securities, including by falsely stating that they were engaged in crypto asset mining.” Adding, “We filed this emergency action to protect the victims of the defendants’ unlawful actions and stop further harm.” The SEC charged the 18 defendants, including the four principals mentioned above, with engaging in unregistered securities offerings. “DEBT Box, Jason Anderson, Jacob Anderson, Brannon, Nelson, Franklin, Western Oil, and Bowen were also charged with violations of the antifraud provisions of the federal securities laws. Jason Anderson, Jacob Anderson, Brannon, Nelson, Bowen, Mark Schuler, Benjamin Daniels, Joseph Martinez, Travis Flaherty, Brendon Stangis, Matthew Fritzsche, B & B Investment Group, LLC, and iX Global, LLC were charged with acting as unregistered brokers.” The SEC charges seek permanent injunctive relief, the return of the ill-gotten gains, and further civil penalties. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt.

Illuvium’s many marketing controversies, Assasin’s Creed’s NFT cubes, Fortnite CEO salty about death of metaverse, Aurory Prologue review.

The initial round was led by Pantera Capital, and included the Scaramucci family-linked SALT Fund, and Mouro Capital, the venture capital connected to the Santander Group.

As Bitcoin continues to ride the wave of success in 2017, there have been many people and organisations warning of potential issues to come. The latest in this line is huge banking group BNP Paribas with their recent comments around the cryptocurrency. Lack of central bank could hamper Bitcoin In their recent reported comments, BNP Paribas has essentially highlighted the lack of a central bank as the major factor that could hamper Bitcoin's future progress. They believe the long-term future of the cryptocurrency to be limited, as there is no lender of last resort as you would usually have with a centralised currency. BNP Paribas has stated that this lack of a last resort lender could cause major risks in the future for Bitcoin and also undermine monetary policy. On the back of this, it seems that the last big financial crisis is weighing heavily on their minds too. They are reportedly worried that another major crash could prove even worse for Bitcoin-based products with no central authority to step in. Would a central bank work for cryptocurrencies? Of course, the answer to these points raised by BNP Paribas would be to implement a central institution to help regulate Bitcoin. However, this would go against the whole ethos of the cryptocurrency world, where open access to a decentralised digital currency with no financial intermediary in-between is paramount. As such, this is very unlikely to happen. It must be noted that many in the financial sector will take these latest comments around Bitcoin with a pinch of salt. It could be argued that this is just the latest traditional banking institution with a case of sour grapes over the way cryptocurrency has changed the landscape. Indeed, even BNP Paribas itself has started to implement Blockchain technology in some transactions, so it must place some future value on the digital currency explosion.

As Bitcoin continues to ride the wave of success in 2017, there have been many people and organisations warning of potential issues to come. The latest in this line is huge banking group BNP Paribas with their recent comments around the cryptocurrency. Lack of central bank could hamper Bitcoin In their recent reported comments, BNP Paribas has essentially highlighted the lack of a central bank as the major factor that could hamper Bitcoin's future progress. They believe the long-term future of the cryptocurrency to be limited, as there is no lender of last resort as you would usually have with a centralised currency. BNP Paribas has stated that this lack of a last resort lender could cause major risks in the future for Bitcoin and also undermine monetary policy. On the back of this, it seems that the last big financial crisis is weighing heavily on their minds too. They are reportedly worried that another major crash could prove even worse for Bitcoin-based products with no central authority to step in. Would a central bank work for cryptocurrencies? Of course, the answer to these points raised by BNP Paribas would be to implement a central institution to help regulate Bitcoin. However, this would go against the whole ethos of the cryptocurrency world, where open access to a decentralised digital currency with no financial intermediary in-between is paramount. As such, this is very unlikely to happen. It must be noted that many in the financial sector will take these latest comments around Bitcoin with a pinch of salt. It could be argued that this is just the latest traditional banking institution with a case of sour grapes over the way cryptocurrency has changed the landscape. Indeed, even BNP Paribas itself has started to implement Blockchain technology in some transactions, so it must place some future value on the digital currency explosion.

Bitcoin regulation has been a hot topic in the news recently, with Vietnam banning cryptocurrencies, and South Korea deciding to regulate Bitcoin as a commodity, rather than a currency. But recent news from the USA shows that the authorities are also cracking down on unlicensed individuals who deal in cryptocurrencies. A man from Michigan, named Bradley Anthony Stetkiw, has been charged with operating an unlicensed money transmitting business. The charges have been filed in a US district court, and many of the details read like the story from an espionage movie. Stetkiw was caught as the result of a sting operation, carried out by federal agents. These agents met Stetkiw several times and purchased over $55,000 worth of Bitcoins as a result of these meetings. Stetkiw also brokered deals with out of state sellers. Stetkiw gave himself a nom de plume, 'SaltandPepper', and would meet his clients at Tim Horton's restaurant. He also used the website LocalBitcoins to aid in his various transactions. He met the undercover agents a reported six times, with the agents acquiring 126 Bitcoin. According to the authorities, he did all this without being in possession of the proper licence for currency trading. According to reports, Stetkiw stressed to the agents that he did not want to know what they were going to do with the Bitcoin they had purchased. This was because he did not want to knowingly sell to people who were engaged in any criminal activity. What will transpire as a result of the case remains to be seen, but it highlights the continuing issue of acceptance of Bitcoin as a valid currency. The association of cryptocurrency with criminal activities is an issue which is likely to keep arising over the coming years, as government embrace the economic growth that cryptocurrency can bring, while also trying to minimise illegal activities.

Bitcoin regulation has been a hot topic in the news recently, with Vietnam banning cryptocurrencies, and South Korea deciding to regulate Bitcoin as a commodity, rather than a currency. But recent news from the USA shows that the authorities are also cracking down on unlicensed individuals who deal in cryptocurrencies. A man from Michigan, named Bradley Anthony Stetkiw, has been charged with operating an unlicensed money transmitting business. The charges have been filed in a US district court, and many of the details read like the story from an espionage movie. Stetkiw was caught as the result of a sting operation, carried out by federal agents. These agents met Stetkiw several times and purchased over $55,000 worth of Bitcoins as a result of these meetings. Stetkiw also brokered deals with out of state sellers. Stetkiw gave himself a nom de plume, 'SaltandPepper', and would meet his clients at Tim Horton's restaurant. He also used the website LocalBitcoins to aid in his various transactions. He met the undercover agents a reported six times, with the agents acquiring 126 Bitcoin. According to the authorities, he did all this without being in possession of the proper licence for currency trading. According to reports, Stetkiw stressed to the agents that he did not want to know what they were going to do with the Bitcoin they had purchased. This was because he did not want to knowingly sell to people who were engaged in any criminal activity. What will transpire as a result of the case remains to be seen, but it highlights the continuing issue of acceptance of Bitcoin as a valid currency. The association of cryptocurrency with criminal activities is an issue which is likely to keep arising over the coming years, as government embrace the economic growth that cryptocurrency can bring, while also trying to minimise illegal activities.

Sometimes, getting a conventional loan can be very difficult. You might find that any companies that offer personal loans will then charge absolutely huge fees, and require you to jump through hoops, which can make turning to someone for help very difficult indeed. More and more people, particularly young people are turning to friends and peers for advice on loans, or even for the loan itself, because they simply do not trust banking institutions to help them out. It is more than likely, that these same group of people would actually trust modern blockchain technology and cryptocurrencies like Bitcoins more than they would conventional banks. Turning to other means This distinct lack of trust from banks has led to underground lending, which run the risk of having very high interest rates, but, on the flip side, there is no centralised institution to come in and take profits, or drive the regulation. What is the answer? According to some experts, there is a simple answer to this, in the form of blockchain technology. Blockchain technology has already changed the way in which we think, especially with regards to the banking and financial sector. Well, it could now be the answer to personal lending problems as well. Alex Mashinsky, CEO of Celsius agrees with this stance, saying; “The Blockchain is a global phenomenon that cannot be easily stopped or regulated, and it represents a new paradigm shift for the financial industry. We see this as the third wave of the internet which will restructure and force the reinvention of almost every financial process we are used to today.” Using blockchain technology, it allows the removal of centralised banking institutions and moves lending into the hands of a peer-to-peer network, which replaces the manager with a technological solution, which allows for a far more competitive lending rate. It is a common assumption that the Blockchain technology is moving towards having a greater role in the banking world. This sentiment is even shared by Jamie Dimon, the Chase CEO, who recently called Bitcoin a ‘fraud’, and Ken Rogoff, who said openly that Bitcoin would collapse. Despite their less than favourable views on Bitcoin, they both champion Blockchain technology, and see a future for it, whether this is with or without Bitcoin. References and Further Reading: The CoinTelegraph; Need Personal Loans? Blockchain is here City A.M; When blockchain meets online lending: The business using one to improve the other Forbes; Disruptive Blockchain-Backed SALT Loans Platform In Launch To Leverage Bitcoin Assets Cryptos R Us; Need Personal Loans? Blockchain Is Here SALT; What is a blockchain-backed loan?

Sometimes, getting a conventional loan can be very difficult. You might find that any companies that offer personal loans will then charge absolutely huge fees, and require you to jump through hoops, which can make turning to someone for help very difficult indeed. More and more people, particularly young people are turning to friends and peers for advice on loans, or even for the loan itself, because they simply do not trust banking institutions to help them out. It is more than likely, that these same group of people would actually trust modern blockchain technology and cryptocurrencies like Bitcoins more than they would conventional banks. Turning to other means This distinct lack of trust from banks has led to underground lending, which run the risk of having very high interest rates, but, on the flip side, there is no centralised institution to come in and take profits, or drive the regulation. What is the answer? According to some experts, there is a simple answer to this, in the form of blockchain technology. Blockchain technology has already changed the way in which we think, especially with regards to the banking and financial sector. Well, it could now be the answer to personal lending problems as well. Alex Mashinsky, CEO of Celsius agrees with this stance, saying; “The Blockchain is a global phenomenon that cannot be easily stopped or regulated, and it represents a new paradigm shift for the financial industry. We see this as the third wave of the internet which will restructure and force the reinvention of almost every financial process we are used to today.” Using blockchain technology, it allows the removal of centralised banking institutions and moves lending into the hands of a peer-to-peer network, which replaces the manager with a technological solution, which allows for a far more competitive lending rate. It is a common assumption that the Blockchain technology is moving towards having a greater role in the banking world. This sentiment is even shared by Jamie Dimon, the Chase CEO, who recently called Bitcoin a ‘fraud’, and Ken Rogoff, who said openly that Bitcoin would collapse. Despite their less than favourable views on Bitcoin, they both champion Blockchain technology, and see a future for it, whether this is with or without Bitcoin. References and Further Reading: The CoinTelegraph; Need Personal Loans? Blockchain is here City A.M; When blockchain meets online lending: The business using one to improve the other Forbes; Disruptive Blockchain-Backed SALT Loans Platform In Launch To Leverage Bitcoin Assets Cryptos R Us; Need Personal Loans? Blockchain Is Here SALT; What is a blockchain-backed loan?

In the world of cryptocurrency there are all kinds of predictions floating around. Some seem too far fetched – like McAfee’s $500,000 USD per coin in 3 years for example. But others, while they seem exaggerated, for some reason feel like they are just under the threshold of the unattainable, especially when an expert makes them. This is the case of Trace Mayer’s most recent price prediction. Mayer sustains that bitcoin prices will hit $27,395 USD by February 2018. That looks like a huge number given current prices and the looming contentious SegWit2X fork. Nevertheless, it feels like it is still under the threshold of the unattainable. So How Did Trace Mayer Arrive at Such a Precise Estimate? The other enticing feature behind Trace Mayer’s prediction, is the precision of the number. Mayer calculated the price to the last Dollar, unlike McAfee who just threw a half a million Dollar figure seemingly out of nowhere. In fact, there is some method to Trace Mayer’s madness. This early adopter went into the 200-day moving average for bitcoin prices, and developed a score to understand when bitcoin was overvalued or undervalued in the past. Mayer sustains that bitcoin would be fairly priced at around 4 times the moving value in the last 200 days. That figure should be $27,395 USD if bitcoin’s 200-day moving average hits $5,767.50 USD. This last figure, is the result of an extrapolation of previous 200-day moving averages. Looking forward, the 200-day figure is subject to a wide variety of variables, as well as looming known unknowns that could throw all the math off. A good month of $BTC consolidation. 200 day moving average rising well. Next six months should be very interesting & fun. LedgerX! #NO2X ? ? pic.twitter.com/Q1n3ns1myu — Trace Mayer (@TraceMayer) October 9, 2017 No One Doubts Trace Mayer’s Ability with Numbers Trace Mayer relies on these calculations mainly because of his background in accounting. However, Bertrand Russel warned about the logical perils of assuming that the future will somehow resemble the past. No on knows where the contentious SegWit2X fork will take bitcoin – if it happens at all – and there could be a wide variety of other events that can derail bitcoin from achieving its fair price according to Mayer’s calculations. Those considerations have always been the Achilles heel of technical analysts who rely on patterns based on historic data. Not Far Fetched? On the other hand, even if there are no major events that derail bitcoin prices over the next 6 months, the market itself doesn’t necessarily price bitcoin fairly according to Mayer’s own calculations. In fact, bitcoin was only valued fairly in 2 of Mayer’s 8 data points. This means that a $27,395 USD bitcoin could be far off, even if the price point come February 2018 is reasonable. Therefore, people should take this scenario with a grain of salt, however logical and attainable it may seem. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT

In the world of cryptocurrency there are all kinds of predictions floating around. Some seem too far fetched – like McAfee’s $500,000 USD per coin in 3 years for example. But others, while they seem exaggerated, for some reason feel like they are just under the threshold of the unattainable, especially when an expert makes them. This is the case of Trace Mayer’s most recent price prediction. Mayer sustains that bitcoin prices will hit $27,395 USD by February 2018. That looks like a huge number given current prices and the looming contentious SegWit2X fork. Nevertheless, it feels like it is still under the threshold of the unattainable. So How Did Trace Mayer Arrive at Such a Precise Estimate? The other enticing feature behind Trace Mayer’s prediction, is the precision of the number. Mayer calculated the price to the last Dollar, unlike McAfee who just threw a half a million Dollar figure seemingly out of nowhere. In fact, there is some method to Trace Mayer’s madness. This early adopter went into the 200-day moving average for bitcoin prices, and developed a score to understand when bitcoin was overvalued or undervalued in the past. Mayer sustains that bitcoin would be fairly priced at around 4 times the moving value in the last 200 days. That figure should be $27,395 USD if bitcoin’s 200-day moving average hits $5,767.50 USD. This last figure, is the result of an extrapolation of previous 200-day moving averages. Looking forward, the 200-day figure is subject to a wide variety of variables, as well as looming known unknowns that could throw all the math off. A good month of $BTC consolidation. 200 day moving average rising well. Next six months should be very interesting & fun. LedgerX! #NO2X ? ? pic.twitter.com/Q1n3ns1myu — Trace Mayer (@TraceMayer) October 9, 2017 No One Doubts Trace Mayer’s Ability with Numbers Trace Mayer relies on these calculations mainly because of his background in accounting. However, Bertrand Russel warned about the logical perils of assuming that the future will somehow resemble the past. No on knows where the contentious SegWit2X fork will take bitcoin – if it happens at all – and there could be a wide variety of other events that can derail bitcoin from achieving its fair price according to Mayer’s calculations. Those considerations have always been the Achilles heel of technical analysts who rely on patterns based on historic data. Not Far Fetched? On the other hand, even if there are no major events that derail bitcoin prices over the next 6 months, the market itself doesn’t necessarily price bitcoin fairly according to Mayer’s own calculations. In fact, bitcoin was only valued fairly in 2 of Mayer’s 8 data points. This means that a $27,395 USD bitcoin could be far off, even if the price point come February 2018 is reasonable. Therefore, people should take this scenario with a grain of salt, however logical and attainable it may seem. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT