Daily Roundup – September 4, 2017

Daily Roundup – September 4, 2017

According to CNBC, China has banned fundraising through initial coin offerings (ICOs). A list of 60 major ICO platforms were inspected by local financial regulatory bodies.

According to Bloomberg, Sequoia Capital and IDG Capital have invested in China-based bitcoin mining giant Bitmain. The company is said to be raising $50 million from multiple venture firms.

According to Forbes, Russia has opened its first criminal case involving bitcoin. Three businessmen have been arrested for illegally trading roughly $9 million worth of bitcoin.

According to CoinDesk, Paris Hilton is the latest celebrity to enter the world of ICOs. Hilton announced her participation in a token sale via Twitter.

According to Bitcoin Magazine, a brand new technical conference is hitting the Bitcoin space this week. Breaking Bitcoin is a new conference partly based on the Scaling Bitcoin series of conferences with a focus on security.

Featured image via Pixabay.

About The Author

Kyle Torpey

Kyle Torpey is a freelance writer and researcher who has been following Bitcoin since 2011. His work has been featured in VICE Motherboard, Business Insider, NASDAQ, New York Post, The Next Web, American Banker, and other media outlets. You can follow Kyle on Twitter, send him an email, sign up for his daily Bitcoin newsletter, or visit his personal website.


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