Hempcoin to Undergo Hard Fork

HempCoin hard fork will occur on February 23, 2018, and all the holders of THC will be able to stake their masternodes of the new anonymous THC token
16 February 2018   427

HempCoin was among the first 30 currencies developed in 2014 and is a highly focused digital currency for the Agriculture/Farming Industry and Marijuana/Hemp Industry, built on the source of Bitcoin, its use includes the Marijuana dispensaries and the entire Agriculture/Farming trade business.

In the end of January 2018, HempCoin has announced that it will implement the hard fork, which will occur on February 23, 2018.

HempCoin announcement regarding fork
Hempcoin Announcement regarding fork

As soon as the fork is complete, all the holders of THC will be abe to stake their masternodes of the new anonymous THC token.

At the press-time HempCoin is actively trading at Bittrex cryptocurrency exchange.

At the moment of press, these are main market parameters of HempCoin:

Average price: $0,241920
Market cap: $55 757 422
24h volume: $2 959 920

SEC to Start Crypto Hedge Funds Check

To date, the regulator has identified at least 100 funds working with crypto-currencies
23 March 2018   4

The US Securities and Exchange Commission is preparing to check about 100 hedge funds that work with crypto-currencies. The Wall Street Journal writes about this with reference to a source familiar with the situation.

The initiative followed the announcement of the verification of dozens of crypto-currency start-ups suspected of spreading securities under the guise of digital tokens.

Although the agency will pay attention to various violations during its audit, the main task is to inform the market participants about the policies that the regulator adheres to the crypto currency, the source said.

The audit will begin within 2 months, the source said. The Commission will pay attention to whether the assets that buy hedge funds match those that they offer to their investors. The SEC will also check how hedge funds inform investors about the risks and how their documents describe the trading strategy for crypto-currencies and tokens. To date, the regulator has identified at least 100 funds working with crypto-currencies.

The SEC directly regulates hedge funds under the control of which there are assets worth more than $ 150 million, and smaller companies check periodically. In 2017, 84 crypto-currency hedge funds were launched.