Remove money what-is-blockchain
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Cryptocurrency terms: A beginner’s guide to advise your clients

ThomsonReuters

As the acceptance of cryptocurrency continues to grow, more and more clients are seeking guidance in navigating the intricate complexities of virtual money. Common Cryptocurrency terminology Cryptocurrency mining : A process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger.

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Angels and Devils: The Early Crypto Entrepreneurs

Reynolds Holding

In a new article, I attempt an answer by re-interpreting the Howey test for determining what is an “investment contract” and thus a security. Unfortunately, as a result of both market and legal changes over the last decade, angels now resemble money-driven venture capitalists more than for-profit philanthropists. But which ones?

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Did the FTX Bankruptcy Kill the Crypto Star?

Brian DeChesare

Mainstream news sources have already covered the story extensively, so I want to take a different angle and comment on how “the smart money” fell for this scam and what it could mean for careers in finance. Based on these numbers, it seems highly unlikely that FTX customers will recover much of their money.

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Wachtell Lipton Discusses Regulating Cryptoassets With Existing Tools

Reynolds Holding

Confront the reality of what the classification of cryptoassets as securities means. Cryptoasset ownership is recorded on a blockchain, rather than in the records of a third-party intermediary. These rules should be clarified to ensure that participants understand what is expected of them.

Banking 49
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Skadden Discusses Suit Alleging NBA “Top Shot” NFTs Were Securities

Reynolds Holding

In connection with the Flow Blockchain, plaintiffs alleged that Dapper Labs created 1.25 billion tokens (Flow Tokens) that holders could stake in order to validate transactions on the Flow Blockchain. Moments were offered and sold on the NBA Top Shot platform, a platform allegedly owned and operated by Dapper Labs.

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Let’s Stop Treating Crypto as If It Were Finance

Reynolds Holding

The core assumption behind this view is that crypto coins are financial assets – like shares of stock, bonds, or commodity contracts – though particularly complicated ones housed on blockchain ledgers. That assumption, however, risks luring policymakers into a potentially catastrophic category error. The answer is simple.

Finance 145
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Fundraising Strategy: How Much and When to Raise

Equidam

Games companies are an example where traditionally almost all of the investment is up-front, and all of your money starts to show up on release day. There’s no shortage of content covering startup fundraising advice, whether it’s solidifying your valuation or financial projections , or timing your fundraising sprints.