News & Analysis as of

Hackers Initial Coin Offering (ICOs)

BakerHostetler

Blockchain 50 Published, Exchanges Expand Services, Enforcement Actions by SEC, CFTC and International Tax Authorities, Hacks...

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Forbes Publishes Blockchain 50, Cryptocurrency Exchanges Expand Services - This week, Forbes published its second annual Blockchain 50 list, recognizing the 50 largest companies with significant blockchain technology...more

BakerHostetler

Blockchain Pilots Advance Across Manufacturing, Food, Pharma, Grant Management and Capital Markets Industries, Multiple Crypto...

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Blockchain Solutions Advance in Manufacturing, Food, Pharma and Grant Management - Last week, one of the world’s largest industrial cobalt producers announced plans to join the Responsible Sourcing Blockchain Network (RSBN)....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - August 2019 #4

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We have definitely seen an uptick in the number of ransomware attacks against municipalities around the country. Thus far, the attacks have been against single cities, towns, and court systems, and recently against a...more

BakerHostetler

Crypto and Blockchain Markets Signal Growth Amid Regulator Skepticism, Hacks and Sanctions Warnings

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Cryptocurrency Exchanges Obtain New Licenses Across Globe Amid Market Growth - The New York State Department of Financial Services (DFS) announced early this week that it approved a virtual currency license for Seed...more

BakerHostetler

Blockchain Developments: Cryptocurrencies, Enterprise Solutions, New Regulations, SEC Enforcement, Crypto-Mining Malware and More

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Stablecoin Activity Heats Up, Bitcoin’s Speculation Problem and Other Payments News - Despite the increase in major companies opening up payment options in bitcoin, research from Chainalysis shows that only 1.3% of bitcoin...more

BakerHostetler

New Blockchain Solutions Announced Across Industries, Multiple Crypto Enforcement Actions Announced Across Jurisdictions

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Banks Announce Blockchain Initiatives, Stablecoins Launch, France Passes New Law - Last week, a major French-based bank announced it will issue the first covered bond as a security token that is directly registered on the...more

BakerHostetler

Bitcoin Spikes, SEC Issues Token Guidance, Exchange is Hacked, and More

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Paying with Crypto: Where to Use Your Crypto and the Recent Surge in its Value - You may be able to use cryptocurrency to pay for your next vacation. Bitrefill, a Sweden-based company, recently began offering gift cards...more

BakerHostetler

Blockchain Developments: Supply Chain, IDs, Financial Products, UN Warnings, Regulator Actions

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New Blockchain Solutions Seek to Secure Tuna, Ports, Identity and Communications - According to a press release published last Friday, “North America’s largest branded shelf-stable seafood company” announced that it is using...more

The Volkov Law Group

2019 Cryptocurrency Regulations – A Primer and What to Expect Throughout the Year

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You’ve heard this before, but it still holds true – cryptocurrency regulations are coming. Everyone knows they’re inevitable, and there has been some trepidation amongst investors that regulations will disrupt innovation and...more

BakerHostetler

Supply Chain Pilots Advance, Bitcoin Decentralization Improves, Hacks Continue, Foreign Regulations Evolve

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Blockchain Pilots for Supply Chain and Land Titles, Improved Analytics, and Decentralization - Earlier this week IBM announced the completion of a shipment tracking trial that recorded the bill of lading on a blockchain....more

BakerHostetler

Blockchain for NASA and IoT, Developments in Crypto Products and Payments, Cryptocurrency Exchange Hacked

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The Blockchain Effect: NASA, IoT, Supply Chain and State Initiatives - On Monday, NASA Ames Research Center published a paper about a permissioned blockchain framework that addresses privacy and security issues for FAA air...more

BakerHostetler

New Blockchain Products, an FBI Raid, the $11 Billion Bitcoin Case, Hackers Strike With a 51 Percent Attack and Crypto Tax...

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New Cryptocurrency Financial Products and Platforms Announced - Last week, SEFToken Inc. launched a new tokenized instrument. The new token, known as a “covered warrant,” will be issued through the Securitize platform on the...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - Recap of the Top Read Blog Posts in 2018

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New Year’s is a time to look back on the happenings of the year and focus on the lessons and reminders those events have provided. For our final newsletter of the year, we’d like to share with you our top 10 most read posts...more

BakerHostetler

Blockchain Capital Markets Offerings and Executive Attitudes Evolve, Threats Continue

BakerHostetler on

New Blockchain Trading Platforms and Capital Markets Offerings Announced - Recently, it was reported that a popular Colorado resort planned to sell “Aspen Coins” in a Reg D 506(c) offering on a token trading platform...more

Moore & Van Allen PLLC

Cybersecurity Enforcement and Regulation - 2017 In Review

Moore & Van Allen PLLC on

Cyber attacks continue to be a pervasive and destructive threat to all institutions and the legal and regulatory landscape currently in place to address those threats continues be reshaped in an effort to address those...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2018 #2

Robinson & Cole LLP on

Health Care Organizations Saw an 89% Increase in Ransomware in 2017 - Our experience last year is consistent with the conclusion of a new report issued by Cryptonite in its 2017 Health Care Cyber Research Report—that the...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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AT&T has dropped plans to sell the Mate 10—the newest smartphone from China’s Huawei Technologies—just before the partnership was to be announced. AT&T gave no reasons for its abrupt reversal, but lawmakers have recently...more

Jones Day

Global Privacy & Cybersecurity Update Vol. 16

Jones Day on

UNITED STATES - Regulatory—Policy, Best Practices, and Standards - United States and China Renew Promise Not to Hack - On October 4, U.S. and Chinese officials agreed to not engage in targeted hacking. Per a...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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AT&T’s chief is weighing in the DOJ’s call to sell CNN in order to make its deal with Time Warner go through, and, as Randall sees it, “selling CNN makes no sense”....more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Old-school retailer Lord & Taylor has reached a deal with WeWork to sell its landmark New York flagship store for $850 million. L&T will continue on with a greatly decreased department store footprint in the space, but the...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - October 2017 #2

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FBI Issues Flash Alert on Apache Struts Vulnerability - The Apache Struts vulnerability has been mentioned frequently in the media over the past month, as it is believed to have been involved in one of the largest and most...more

Schwabe, Williamson & Wyatt PC

SEC to ICO Players: Our Game, Our Rules

On July 25, 2017, the U.S. Securities and Exchange Commission (the “SEC”) published an investigative report (the “Report”) cautioning market participants that the offer and sale of digital assets such as “coins” or “tokens,”...more

Dechert LLP

SEC Focuses on Initial Coin Offerings: Tokens May Be Securities Under Federal Securities Laws

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The U.S. Securities and Exchange Commission (SEC) has recently taken several actions to make clear that it is focused on and actively monitoring the rapidly growing market for so-called “token sales” or “initial coin...more

Skadden, Arps, Slate, Meagher & Flom LLP

Lessons From the CoinDash Initial Coin Offering Hack

On July 17, 2017, the CoinDash initial coin offering (ICO) was hacked within minutes of its launch, resulting in numerous potential purchasers sending their money to a fraudulent address. The hack has raised many questions...more

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