SEC HALTS TRADING 1st BITCOIN Capital After 6000% GAINS IN 2017
It appears to the Securities and Exchange Commission that the
public interest and
protection of investors require a suspension of trading in
the securities of First bitcoin Capital Corp.
BITCF ….. because of
concerns
regarding the accuracy and adequacy of publicly available
information about the company including, among other things,
the value of BITCF’s assets and its capital structure …..
BITCF is a Canadian corporation with its principal place of business located in Vancouver, British Columbia. Its stock is quoted on OTC Link (previously, “Pink Sheets”), operated by OTC Markets Group, Inc., under the ticker symbol BITCF …..
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above listed company …..
THEREFORE, IT IS ORDERED, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above listed company is suspended for the period from 9:30 a.m. EDT, on August 24, 2017 through 11:59 p.m. EDT, on September 7, 2017.
Crypviser has recently finished the token distribution process, allowing the CVCoin token to be traded on the OpenLedger Decentralized Exchange. Plans for centralized exchanges have also been revealed.
Crypviser, CVCoin and the ICO
Online privacy is one of the most pressing issues of today’s internet. Although access to privacy-oriented tools continues to improve over time, other applications that do not focus on privacy often present themselves as a more intuitive alternative. has been on the fringe of financial privacy and now, thanks to the , it may play an important in communications privacy and its mainstream adoption.
Focusing on privacy and end-to-end message encryption, is leveraging the advantages provided by the blockchain technology to create an all-in-one network for secure social and business communications. The platform’s native token, CVCoin, will be required in order to interact with the communications platform and for in-chat payments.
Following a successful Initial Coin Offering (ICO) period, he token distribution process has been completed with campaign participants receiving their CVCoins in the form of a . A previous made by the team explains why the BTS blockchain was chosen:
Crypviser chose the Bitshares platform powered by OpenLedger based on its key features, which match Crypvisers technical requirements and ideology. The Bitshares platform is one of the most powerful, secure and scalable blockchain networks available today.
The team has also released some that show just how popular privacy tools can be. The campaign gathered over $3.4 Million in several cryptocurrencies and distributed 5.5 Million CVCoin tokens to roughly 3000 unique investors. Since then, the Crypviser community has grown at an outstanding speed and currently counts with more than 8000 members in various multi-lingual sub communities.
Bitshares & Openledger
Since the Crypviser network will use the Bitshares blockchain, the can be freely traded with no counterparty risk on the . The Facebook post reads:
The Crypviser team believes that the future of exchanges and trade platforms in decentralized blockhchain world belongs the decentralized exchanges.
Although trading hasn’t been officially announced by the Crypviser team, trades are already taking place within the OpenLedger exchange. The team has warned that the prices seen on these “pre-markets” may not reflect the real market price of the CVCoin token, given their low volume and the lack of availability on traditional platforms.
What is next for Crypviser?
With the CVCoin token distributed to ICO participants, Crypviser moves on to the next stages of development, including getting the token listed on traditional exchanges. Although the CVCoin is available on the OpenLedger DEX, Crypviser announced a plan which involves starting with the bigger exchanges like Bittrex, and , and moving on to smaller markets like C-CEX and others.
Crypviser will also commence the development of their own wallet which will provide token holders with an intuitive interface for token interaction. Along with the development of a new wallet, they will also launch an official website for the project and the CrypNews media channel, a platform that will feature the latest news in the world of Blockchain Tech & Cryptography.
Further down the line, the team will release an early Alfa version of the Crypvise App for social communication which will be available for to CVCoin ICO early bird participants.
Can Crypviser help shape the future of online privacy? Let us know what you think in the comment section.
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It appears to the Securities and Exchange Commission that the
