The U.S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The undeclared outside business activity is also what lost Kyung Soo Kim his job. Moonlighting As A Crypto Miner In December 2017, Kim formed and incorporated ‘S Corporation,’ of which he was sole shareholder and director. He opened and funded a corporate bank account. Then he paid another company to build and operate hardware and software for his crypto-mining activities. None of which seems especially out of line… but Kim omitted…
Read MoreDay: June 13, 2019
Indian Government-Backed Program Offers Crypto and Blockchain Course
An Indian government-initiated program is offering a course for undergraduates to learn about cryptocurrency, blockchains, and their use cases. This 12-week interactive course is free to enroll and learn from. Among the topics covered are Bitcoin basics and consensus. Meanwhile, India’s regulatory framework for cryptocurrency is reportedly ready. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Government-Backed Project A learning platform called Swayam, which was initiated by the Indian Government’s Ministry of Human Resource Development, is offering a free computer science course on Bitcoin, cryptocurrencies and blockchains. This 12-week…
Read MoreJohn McAfee’s New Trading Platform Aims to Give Traders a Magical Experience
On June 11, following his latest tirade on social media, John McAfee announced the launch of his new cryptocurrency trading platform called McAfee Magic. The project allows for manual and automated crypto trading across a variety of digital asset exchanges all displayed in one user interface. According to the website, the service is the second product besides his well-known antivirus software to bear the McAfee name. Also read: Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading John McAfee Launches a New Crypto Trading Platform Called McAfee Magic The cryptocurrency…
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