
Will The DAO Lead To Legal Trouble For Every Investor?
While nearly every investor is confident the code behind The DAO alone is well worth the investment, that alone should not be the main reason to participate in this crowdsale. Despite the overwhelming success of The DAO so far, a lot of people are still unable to wrap their head around the concept. However, the project has attracted thousands of investors around the world, which is a feat that should not be ignored. But does the idea make enough sense to every investor to justify the involvement? Making Sense of The DAO As An Investor. One of the more prominent risks of crowdfunding is how....
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Up until this point, FinCEN has clearly defined projects related to digital currency and Bitcoin do not fall in the same category as prepaid access sellers or providers. The Bitcoin Classic hard fork solution could lead to legal trouble down the line. Or that was the assumption at least, even though no one was able to confirm this statement at that time. An interesting question was raised, though, and the answer will put a lot of people’s mind at ease: the current FinCEN guidelines will not get developers in legal trouble. Most of this discussion started from the point of view that hard....
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Although its parent exchange is facing legal trouble, BitMEX’s research arm has published a novel report on the vulnerability of brain wallets. The post Despite Legal Turmoil, BitMEX Research Shows Us How Not To Use Brain Wallets appeared first on Bitcoin Magazine.
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