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SEC ‘twisted facts’ and took comments about token sale out of context, claims Kik
Kik Interactive Inc. , the Canadian instant messaging company, was sued by the U. S. Securities and Exchange Commission [SEC] two months ago, with the SEC accusing the firm of an unregistered token sale which raised $100 million. дальше »
2019-8-7 13:30 | |
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Kik Claims ‘SEC Has Been Twisting Facts’ in Their Ongoing Legal Battle
Coinspeaker Kik Claims ‘SEC Has Been Twisting Facts’ in Their Ongoing Legal BattleKik kicked back at the SEC lawsuit that claims a $100 million ICO was illegal. The company behind Kik Messenger filed a response in U. дальше »
2019-8-7 10:13 | |
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Walmart patents own cryptocurrency as battle with Amazon for retail intensifies
Walmart, the world’s largest company by revenue and employees, filed a patent on its own cryptocurrency. The move appears to be an attempt to gain an edge against Amazon in an effort to retain control over retail, and comes shortly after Facebook’s entrance into the sector with Libra. дальше »
2019-8-3 04:51 | |
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Chinese Bitcoin Mining Firm Canaan Is Rumored To Have Filed For IPO In The US: IFRAsia Findings
A major Bitcoin (BTC) miner manufacturer from China called Canaan Creative is rumored to have just filed for an Initial Public Offering (IPO) in the United States. According to IFRAsia, some inside sources have claimed that the Chinese company wants to be listed on the U. S. and has the goal of acquiring $200 million […] дальше »
2019-7-31 22:17 | |
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Facebook gets away with $5B FTC fine for leaking your data
The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future. дальше »
2019-7-24 17:08 | |
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Apple files patent for mixed reality headset that can track your facial expressions
Apple has filed a new patent for a mixed reality headset that could feature an array of sensors to track the eyes, gestures and even facial expressions of its users. Titled “Display System Having Sensors,” the patent filing — first reported by Variety — shows that the company intends to combine these inputs for a system “that provides 3D virtual views of a user’s environment augmented with virtual content. дальше »
2019-7-23 12:36 | |
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E.ON Energy Network Company Files For Blockchain Patent For A Data Sensor Collection Device
E. ON Files For Blockchain Patent For A Data Analytics Device Energy company E. ON has filed for a patent application for a blockchain-based data analytics device with the European Patent Office. The news was announced the company’s official website on July 19. дальше »
2019-7-20 20:32 | |
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New Jersey Sues Blockchain Firm for Unregistered $46 Million ICO
As regulators pine over the safety of Libra, recent crypto-related crimes are sure to keep them on edge. New Jersey Attorney General Gurbir Grewal filed a lawsuit on Wednesday against Princeton-based company, Pocketinns Inc. дальше »
2019-7-20 13:20 | |
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Peter Todd Accused of Sexual Abuse, ZCash Founder Testifies
Peter Todd filed a defamation suit against Sarah Michelle Reichwein a. k. a Isis Lovecruft, after the former accused him of sexually harassing her. In support of her argument, Zooko Wilcox, founder of ZCash and the Electric Coin Company, testified as an acquaintance to both as well as the second complainant who claims Peter Todd raped her onRead MoreRead More. дальше »
2019-7-18 23:00 | |
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LG Files Trademark Application for Mobile Cryptocurrency Wallet
On July 2, the South Korean multinational company LG Electronics Inc. filed a trademark application with the U. S. Patent and Trademark Office for its first major project in the crypto space, namely a mobile crypto wallet called ThinQ Wallet. дальше »
2019-7-15 19:00 | |
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Invictus Hyperion Files Lawsuit Against Menlo One for Fraud, Asking for $75,000 USD Compensation
Invictus Hyperion filed a lawsuit against Menlo One blockchain team accusing the project leaders of providing false information and misrepresentation of products leading to ‘over-investment’ in the company. дальше »
2019-7-4 20:21 | |
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CNBC-shilled cryptocurrency exchange Bitsane pulls exit scam on 246K users
Irish cryptocurrency exchange Bitsane has reportedly pulled an exit scam and disappeared with hundreds of thousands of dollars in cryptocurrency belonging to its users, reports Forbes. Bitsane’s website, which reportedly boasted 246,000 registered users, has been offline since (at least) June 17, when its Facebook and Twitter accounts were noted to be offline. дальше »
2019-6-28 13:16 | |
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Video Streaming Startup Pursues SEC-Compliant Ethereum-Based Crypto
By CCN Markets: YouNow, a live video streaming startup, has filed a public offering circular with the U. S. SEC for a native cryptocurrency called the Props token. The company is not looking to sell this digital asset to investors; instead, they want to distribute it and are seeking compliant ‘mining’ of Props in the U. дальше »
2019-6-21 21:00 | |
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Did Kik Just Place a Target on the Backs of its Form-D ICO Peers?
By CCN: Kik might very well have good intentions by inviting a fight with the U. S. Securities and Exchange Commission. If the litigation, which the securities regulator has filed against the company, goes Kik’s way, it will set a precedent for other blockchain startups that have taken a similar approach to raise funds in an initial coin offering (ICO). дальше »
2019-6-8 00:20 | |
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Dutch billionaire and Big Brother creator sues Facebook over fraudulent Bitcoin ads
The creator of the Big Brother reality television format is suing Facebook for allowing advertisements to fraudulently feature his name and image, Reuters reports. Dutch billionaire John de Mol, one of the brains behind entertainment studio Endemol, filed his suit against Facebook in an Amsterdam court earlier today. дальше »
2019-6-5 18:34 | |
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Token KIN Faces Death As SEC Sues KIK For Selling Unregistered Securities
The United States Securities and Exchange Commission on June 4 filed a lawsuit against Kik Interactive, the company behind… The post Token KIN Faces Death As SEC Sues KIK For Selling Unregistered Securities appeared first on Invest In Blockchain. дальше »
2019-6-5 08:50 | |
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Cryptocurrency exchange Blockport goes bankrupt after failed STO
An Amsterdam-based cryptocurrency exchange is facing an uncertain future. Blockport has declared bankruptcy after its security token offering (STO) failed to meet its minimum expectations last month. дальше »
2019-6-4 13:21 | |
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China Throws Bitcoin-Mining Grandma in Jail for Electricity Theft
By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 yuan (about $1,500) for electricity theft. дальше »
2019-5-28 20:15 | |
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New Zealand: Cryptopia Seeks to Preserve User Account Data Amid new Challenges
Accounting firm Grant Thornton LLC on May 27, 2019, provided an update regarding the petition for bankruptcy filed by the now-defunct cryptocurrency exchange Cryptopia. The company said that it is working towards preserving the exchange’s users’ data stored and hosted on the servers of a U. дальше »
2019-5-27 14:39 | |
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Apple’s privacy reputation at risk with new iTunes class-action lawsuit
Apple has marketed itself as a company that puts customers’ privacy first, but a new class-action lawsuit claims to the contrary. Leigh Wheaton, Jill Paul, and Trevor Paul — three iTunes users from Rhode Island and Michigan — filed a federal lawsuit against the Cupertino-based tech giant alleging that the company unlawfully collects and sells their iTunes listening information to third parties without informed consent. дальше »
2019-5-27 11:23 | |
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Cobinhood Crypto Exchange Announces Bankruptcy, Community Spots Exit Scam
A famous Taiwan-based crypto exchange Cobinhood has filed for bankruptcy and afterwards allegedly pulled an exit scam. In April 2019, the associated company of Cobinhood, Dexon Foundation, raised over $3 mln on its DXN token. дальше »
2019-5-22 21:35 | |
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Amazon Crypto Patent Ignites Desperate Rumors of Bitcoin Integration
By CCN: For whatever reason, people believe that Amazon’s acceptance of Bitcoin or lack thereof will be a significant milestone for cryptocurrency. The company has never accepted it, which has given rise to several business models, including Purse. дальше »
2019-5-17 08:48 | |
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Tether and Bitfinex Ask New York Attorney General for Fund Accessibility
Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens. дальше »
2019-5-16 18:51 | |
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Bakkt CEO Kelly Loeffler Targets July for Thrilling Bitcoin Futures Launch
By CCN: It’s finally happening. The Intercontinental Exchange (ICE), the parent company of Bakkt, has officially filed for bitcoin futures approval with the U. S. Commodity Futures Trading Commission (CFTC), according to a blog post this morning by Bakkt CEO Kelly Loeffler. дальше »
2019-5-14 21:20 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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The SEC Has a New Exchange Traded Fund Application to Review
The U. S. Securities and Exchange Commission (SEC) has posted a new proposal from Crescent Crypto Index Services, a subsidiary of Crescent Asset Management, for the launch of a crypto-backed exchange-traded fund (ETF). дальше »
2019-5-11 19:39 | |
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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RoboMarkets Launches Trading Uber Stocks
Coinspeaker RoboMarkets Launches Trading Uber StocksRoboMarkets launches trading stocks of the famous American company, Uber Technologies Inc., which filed for an initial public offering (IPO) and is expected to float on May 9th 2019 on the New York Stock Exchange (NYSE).RoboMarkets Launches Trading Uber Stocks дальше »
2019-5-8 20:53 | |
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Sony’s proposed full-body gyroscope controller for VR looks incredibly fun
Sony recently filed a patent for a VR-related input device that, were the company to make it, would potentially allow you to strap yourself into a gyroscope and spin around in a sphere with total freedom. дальше »
2019-5-7 21:17 | |
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SETL Buys Back Major Assets and Rises above Past Insolvency
London-based blockchain settlement startup SETL, backed by Credit Agricole, has emerged from administration as management bought back operating assets, staff and intellectual property rights, The Financial Times reported May 3, 2019. дальше »
2019-5-6 09:52 | |
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Controversial stablecoin Tether is only 74 percent backed by cash (and other assets)
Tether’s lawyer has now admitted that the stablecoin is only 74 percent backed by cash and equivalents, according to an affidavit filed on Tuesday. In the filing, Stuart Hoegner, the company’s general counsel, said Tether held approximately $2. дальше »
2019-5-1 13:19 | |
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Bitcoin Futures Market Bakkt is Working Closely With BNY Mellon
Bakkt, a bitcoin futures market operated by ICE, the parent company of the New York Stock Exchange, is working closely with a major U. S. bank BNY Mellon according to Bakkt COO Adam White. Read about @Bakkt's custody solution and why we've filed to become a NY trust, plus our acquisition of DACC and how we're. дальше »
2019-4-29 19:51 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Bitfinex Denies Loss of Funds Following New York Attorney General Lawsuit
Cryptocurrency exchange Bitfinex has come out to defend its position after the New York State Attorney General filed a lawsuit against the company and Tether for fraud. Bitfinex maintains that the report claiming that it has lost $850 million at Crypto Capital were false. дальше »
2019-4-26 13:59 | |
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Trustee of Battered and Bruised Mt Gox Exchange Extends Rehabilitation Deadline Submission
The story of Mt Gox continues. Now, the current trustee of the defunct Japanese crypto exchange has decided to extend the deadlines for the submission of rehabilitation plans for the company, as the official document announced. дальше »
2019-4-26 02:37 | |
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Crypto May Be Nike’s New Digital Business Strategy To Stay On Top
Sportswear manufacturer Nike is getting into the crypto game. Last week, Nike Inc filed an application with the U. S Patent and Trademark Office for the word “cryptokicks. ” Details indicate the company has plans to create a new cryptocurrency driven e-com platform. дальше »
2019-4-25 19:24 | |
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Nike’s ‘cryptokicks’ trademark application hints at its new blockchain ambitions
Nike Inc has submitted a trademark application for the word ‘cryptokicks’, signalling it may be gearing up to launch its own digital currency and a host of cryptocurrency related products. The application, filed on April, 19, outlines how the company‘s proposed digital currency could be used by an online community. дальше »
2019-4-25 19:13 | |
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Nike Files Patent to Launch ‘Cryptokicks’ Cryptocurrency
Nike has filed a trademark and service mark application with the United States Patent and Trademark Office for protection over the brand ‘Cryptokicks. ’ The document reveals the company’s intention to launch its own cryptocurrency and associated services. дальше »
2019-4-25 17:00 | |
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Apparel and Footwear Giant Nike Files Trademark Application for Cryptokicks
Footwear and apparel company, Nike has filed a trademark application for the word “Cryptokicks. ” In the form, Nike talks about a digital currency that would be used by an online group. The company also talked about an online market place for its footwear and clothing sets in addition to a members-only platform. дальше »
2019-4-25 14:44 | |
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PayPal Wins Patent for Ransomware Detection Solution
Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency. дальше »
2019-4-19 21:17 | |
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PayPal Successfully Gains Patent for Cryptocurrency Ransomware and Malware Protection
Known as the go-to company for international payments solutions online, PayPal has since been officially awarded the patent for a unique method that would be able to detect specific kinds of cryptocurrency malware and mitigate the effects it may have. дальше »
2019-4-18 19:27 | |
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Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries
Coinspeaker Uber’s IPO Filing Discloses $1. 8B Loss, Raising WorriesUber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday. дальше »
2019-4-13 13:16 | |
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Disgraced Crypto Exchange QuadrigaCX Officially Declared Bankrupt
Canadian crypto exchange QuadrigaCX has filed for bankruptcy as the attempt to restructure the company has failed. The move was approved Monday by a Nova Scotia judge, the country’s national broadcaster reported. дальше »
2019-4-9 14:46 | |
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In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
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$270 Million OxyContin Settlement Won’t Solve Oklahoma’s Opioid Crisis
By CCN. com: Drug manufacturer Purdue Pharma finally settled a lawsuit with the state of Oklahoma, with the OxyContin maker agreeing to pay $270 million to fund addiction research, addiction treatment, and legal fees. дальше »
2019-3-28 19:26 | |
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Volkswagen Faces SEC Lawsuit Over “Dieselgate” Scandal
German automaker Volkswagen is facing a lawsuit filed over its actions toward investors during the so-called “Dieselgate” scandal. Filed by the Securities and Exchange Commission (SEC), the lawsuit alleges that the automaker allowed investors to buy $13 billion worth of company bonds despite being aware of a growing scandal involving illegal software used to manipulate emissions’ testing results. дальше »
2019-3-21 02:41 | |
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