#vexmark

[superfandomlife]

Okay, I see why Mark and Vex fit together so well lol first time meeting and almost immediately getting into a bar fight together, that's off to an incredible start

I mean, look at them:

[douglasdrouillard]

Exactly, the only thing you need to get rich is a considerable amount of capital and a 75-year waiting period pic.twitter.com/ECtY9FsTWn

— Mark Constantine (@vexmark) May 8, 2018

A Tweet http://twitter.com/dougdrouillard/status/994188861575254016

[jtloper1]

Tweeted

A classic good news/bad news situation pic.twitter.com/d7YjZbcUBs

— Mark Constantine (@vexmark) April 27, 2018

[linabrigette]

US: SEC Subpoenas Biotech-Turned-Crypto Company Riot Blockchain

Riot Blockchain, one of the many companies that changed their name to contain the word ‘Blockchain’ last year evidently on industry hype, has received a subpoena from the US Securities and Exchange Commission (SEC), according to a SEC Form 10-K annual report filed Tuesday, April 17.

The filing writes that Riot Blockchain received a SEC subpoena on April 9 containing a request for “certain information” from the company, adding that they intend to “fully cooperate” with the request. Riot Blockchain makes clear that they are not particularly concerned with the move as “many companies engaged in blockchain and cryptocurrency businesses have received subpoenas from the SEC,” evidently in reference to the SEC’s publicized crypto probe.

Before the company’s name change, Riot Blockchain went under the name Bioptix, a company which worked with patents seeking “regulatory approval for and offer to sell, market, distribute, import and export luteinizing hormone (“LH”) and/or follicle-stimulating hormone (“FSH”) products for cattle, equine and swine for the assistance and facilitation of reproduction,” according to their fall press release about the name change.

After leaving the veterinary and life science business, which Riot Blockchain’s SEC filing describes as “not successful,” the company turned to the cryptocurrency mining industry with Bitmain hardware and investments in the cryptocurrency sector. The company reports it also has plans to open a cryptocurrency exchange.

Under the “competition” section in the SEC filing, Riot Blockchain confusingly lists crypto-friendly retail giant Overstock.com as a competitor.

Despite Riot Blockchain’s new crypto trend, they report that they are “not profitable and have incurred losses since our inception” and  ���expect to continue to incur losses for the foreseeable future.”

Riot Blockchain’s name change saw a trading range change of 1,611%. The SEC filing notes that their stock price had a high of more than $38 per share in December 2017, and that the closing price of their stock on April 12 was $7.47.

The price decrease, according to the SEC filing, is due partly to negative press that the company has received, specifically referencing a February CNBC report investing possible stock manipulation and insider trading:

“As of the date of this filing, we are still suffering from unfavorable reporting and if we continue to be portrayed negatively in the press, our stock price could be further adversely affected.”

Earlier today, April 18, Twitter user Mark Constantine posted a humorous screenshot of various CNBC articles covering Riot Blockchain’s transition into the crypto sector:

A short blockchain story pic.twitter.com/5jhJcQin9k

— Mark Constantine (@vexmark) April 18, 2018

The latest SEC filing mentions that SEC Chairman Jay Clayton has “warned that it is not acceptable for companies without a meaningful track record in the sector to dabble in blockchain technology, change their name and immediately offer investors securities without providing adequate disclosures about the risks involved.” In January of this year, the SEC said that firms that changed their names in such a way will face greater scrutiny from regulators.

The SEC filed a complaint against crypto-affiliated Longfin for insider trading earlier in April, and in March, Techcrunch founder’s crypto hedge fund received a SEC subpoena and Overstock.com’s crypto subsidiary revealed the SEC was looking into its Initial Coin Offering (ICO).

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The post US: SEC Subpoenas Biotech-Turned-Crypto Company Riot Blockchain appeared first on BTC News Today.

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[nonprocycling]

RT @vexmark: take me home lord jesus I'm done https://t.co/X7VnzFiGLD

[kingmindint]

Crypto Market Sees Around 50 Percent Losses Across The Board At End Of First Quarter 2018

Crypto Market Sees Around 50 Percent Losses Across The Board At End Of First Quarter 2018

Crypto total market cap loses almost 50 percent of value during the first quarter of 2018

The first quarter of 2018 has seen the crypto markets lose a little more than 48 percent of their Jan. 1 value, with total market cap down from around $612 bln to $261 bln at the first quarter close on March 31, according to data from CoinMarketCap.

Ripple’s (XRP) price has dropped the most of the top five cryptocurrencies listed on CoinMarketCap, down almost 78 percent on March 31 when it traded at $0.51 as compared to its Jan. 1 price of around $2.30.

Second place for largest percentage value drop is Bitcoin Cash (BCH), which lost about 73 percent of its value from its Jan. 1 price of around $2,543 to its March 31 price of around $697.

Litecoin (LTC) is down around 49 percent from its Jan. 1 price of about $231, trading for around $118 on March 31.

Leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) experienced their worst first quarters since their inception.

Bitcoin’s price has fallen around 52 percent since Jan. 1, when was trading for around $14,122, to around $6,890 on March 31 at the end of the first quarter.

ETH, which was trading at around $755 on Jan. 1, fell about 48 percent to around $394 on March 31.

The drop in prices across the board can be attributed to an increase in regulation from a variety of global actors, including the US Securities and Exchange Commission’s (SEC) crypto probe, Japan’s scrutiny of unregistered crypto exchanges after the Jan Coincheck hack, and Twitter, Facebook, and Google banning crypto-related ads.

CNBC reported on the historical first quarter crypto losses today, April 3, highlighting a previous March 29 article entirely devoted to Ripple’s poor first quarter performance.

In early January, when Ripple’s price had been around $2.00, CNBC had published an article called “How to buy ripple, one of the hottest bitcoin competitors,” which may have contributed to XRP’s price to jump to over $3.00 in the following few days. CNBC’s apparent Ripple turnaround was commented on by Twitter user @vexmark (Mark Constantine):

Classic pic.twitter.com/17SlDOtZbn

— Mark Constantine (@vexmark) April 2, 2018

BTC is currently trading above $7,000, around $7,375 and up almost 5 percent over a 24 hour period to press time. ETH is up a little over 4 percent over a 24 hour period, trading around $403 to press time.

Author: Molly Jane Zuckerman Source

The post Crypto Market Sees Around 50 Percent Losses Across The Board At End Of First Quarter 2018 appeared first on Bitcoin Geek.

via Kingmind Crypto Market Sees Around 50 Percent Losses Across The Board At End Of First Quarter 2018

[derickca]

via Twitter https://twitter.com/DerickEvolved

[xc0rv0sx]

Tweeted

[at the board meeting] CEO of ailing company: we need a serious plan or we're done! me (a serious business consultant): blockchain [whole room starts clapping, people faint from excitement]

— Mark Constantine (@vexmark) January 2, 2018

[dengusmaximus]

vexmark @ April 30, 2017 at 04:51PM

Almost all luxury fashion brands are now owned by two French families, the Arnaults (LVMH) and the Pinaults (Kering, Groupe Artémis) http://pic.twitter.com/6ccjdIBlAE

— Mark Constantine (@vexmark) April 30, 2017

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[areporter]

@vexmark: RT @ironghazi: @david_j_roth @JulieBorowski Julie, I'm a reporter with NBC News. Do you mind if I feature your post and avatar in… https://t.co/ZvXIGYtcet

http://twitter.com/vexmark

[wmathison]

RT @vexmark: nailed it https://t.co/yxVi0wc9HS

nailed it http://pic.twitter.com/yxVi0wc9HS

— Mark Constantine (@vexmark) April 1, 2017

via Twitter https://twitter.com/wmathison April 02, 2017 at 03:36PM

[douglasdrouillard]

A classic good news/bad news situation pic.twitter.com/d7YjZbcUBs

— Mark Constantine (@vexmark) April 27, 2018

A Tweet http://twitter.com/dougdrouillard/status/989813357778751488

[douglasdrouillard]

omg http://pic.twitter.com/27ihA2NWU2

— Mark Constantine (@vexmark) December 7, 2017

A Tweet http://twitter.com/dougdrouillard/status/938791003615580160

[dengusmaximus]

vexmark @ March 21, 2017 at 08:31PM

The 152 listed developers operating in China held a combined $757.2 billion of unsold property inventory on their books, as of June 30, 2016 http://pic.twitter.com/pKgmT6UXIn

— Mark Constantine (@vexmark) March 22, 2017

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