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$2 Billion Lyft IPO is a Must-Buy, But Don’t Ignore These Risks
Less than two weeks ahead of its highly-anticipated $2 billion initial public offering, US ridesharing giant Lyft already has Wall Street bulls pounding the table. D. A. Davidson analyst Tom White has initiated coverage of Lyft with a “buy” rating and is expecting big growth numbers ahead. дальше »
2019-3-21 21:01 | |
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Cboe Will Not Relist Bitcoin Futures Contracts for March
The Chicago Board Options Exchange (Cboe) announced that it will not list upcoming Cboe Bitcoin (“XBT”) futures contracts for trading in March 2019. The Cboe Futures Exchange said that the company is “assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading,” stating that it has no intention to list additional contracts for trading relating to the cryptocurrency. дальше »
2019-3-16 01:00 | |
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Karpeles Beats Embezzlement Charges in Mt Gox Ruling
The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust. дальше »
2019-3-16 22:01 | |
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Who are you siding with in the Spotify-Apple antitrust war?
Earlier this week, Spotify filed an antitrust complaint with the European Commission against Apple, claiming that the company – which runs the App Store for iOS software – treats rivals to its own services unfairly, with a range of restrictions and demands. дальше »
2019-3-15 16:04 | |
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Apple: Ungrateful ‘Spotify Won’t Be the Business It is Without the App Store’
Two days after Spotify’s founder Daniel Ek announced a complaint the company filed against Apple with the European Commission over Apple’s discriminatory and anti-competitive practices, Apple is now pushing back. дальше »
2019-3-15 13:56 | |
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Google’s foldable patent hints at a compact clamshell phone
Foldable phones are certainly the talk of the town this year. We’ve already seen devices from companies like Samsung and Huawei, and teasers from Xiaomi and Oppo. But all these phones are rather large, and are essentially designed to replace tablets. дальше »
2019-3-15 10:15 | |
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Tesla’s Entire Board Sued over Elon Musk’s Trigger-Happy Twitter Thumbs
Billionaire Elon Musk and all 11 members of Tesla’s board of directors have been named in a shareholder lawsuit claiming the Tesla CEO’s “unchecked misstatements on Twitter” have harmed the company. дальше »
2019-3-10 17:00 | |
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Blockchain Firm SETL Declares Insolvency; Seeks Buyer to Liquidate Assets
SETL, a London-based blockchain company filed a notice of insolvency with British authorities on March 7, 2019. According to the notice, SETL is looking to liquidate some of its assets by selling them to “a larger financial services firm. дальше »
2019-3-9 02:00 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Bittrex Exchange Involved in Court Case with Mongolian Blockchain Company ZG Top
At the start of 2019, a lawsuit was filed in the district court of Washington by ZG Top Technology Co, Ltd. Against a “John Doe.” Meaning, an unnamed party. Recently, a new ruling was issued by the court allowing for an “ex parte” motion to conduct discovery. Essentially, the ex parte motion means that the […] дальше »
2019-3-5 06:01 | |
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American Success Story or Impending Disaster? Experts Wary of Lyft’s IPO
The story of Lyft’s rise to glory is quite a tale. The ride-hailing service filed to go public on Friday with a potential valuation of $20 billion to $25 billion, with a familiar prospectus which shows rising revenue which could one day turn into immense future profits as well as overall losses which could send the company under without a cash injection. дальше »
2019-3-4 18:32 | |
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Lyft IPO: Beating Uber to the Punch Absolutely Crucial to Fuel Growth
Lyft, the ride-hailing giant based in the U. S. , has officially filed its S-1 IPO registration and is set to be listed on the NASDAQ by April, before Uber. Early reports suggest Lyft is expected to secure over $100 million from the IPO and is forecasting a valuation of around $20 to $25 billion. дальше »
2019-3-2 20:38 | |
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Scam ICO advertised on CoinMarketCap busted by police in India
Cryptocurrency scams that have been running for years in India are finally getting busted by the local police. Criminal investigation authorities in the Indian state of Gujarat have booked five people for running a fraudulent initial coin offering (ICO) called Bitstrades. дальше »
2019-2-27 19:07 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Crypto Exchange Bittrex Files a Claim of Infringement Regarding its Domain Name
The cryptocurrency exchange Bittrex has filed a claim of infringement against Amanda Lomendres Lopes. Lopes registered the www. bittrex-es. com website that was accused of conducting a phishing scheme. дальше »
2019-2-25 16:51 | |
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New Samsung Galaxy S10 Includes Baked-In Storage for Private Keys
Samsung announced on February 21, 2019, that their newest phone, the Galaxy S10, will include secure storage for its users’ cryptocurrency private keys. The company made a press release detailing the phone’s many features, notably including Samsung’s proprietary defense platform, Samsung Knox, which will feature secure private key storage that is claims is specifically “for blockchain-enabled mobile services. дальше »
2019-2-22 00:57 | |
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Purported Crypto Cloud Mining Ponzi Reported to Thai Police, 140 Victims Allegedly Scammed Out of $1.3 Million
Thirty people in Bangkok filed complaints with Thailand’s Technology Crime Suppression Division after they were allegedly scammed by cryptocurrency cloud mining company CryptoMining. Farm, the Bangkok Post reported. дальше »
2019-2-20 06:50 | |
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Judge Chooses Representative Counsel for QuadrigaCX Creditors
Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal. дальше »
2019-2-20 00:52 | |
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Purported Crypto Cloud Mining Ponzi Reported to Thai Police, 140 Victims Allegedly Scammed Out of $1.3 Million
Thirty people in Bangkok filed complaints with Thailand’s Technology Crime Suppression Division after they were allegedly scammed by cryptocurrency cloud mining company CryptoMining. Farm, the Bangkok Post reported. дальше »
2019-2-22 15:02 | |
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$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?
A virtual bitcoin mining farm in Thailand has allegedly scammed users out of 42 million baht (approximately $1. 35 million), according to a report in the Bangkok Post. 30 victims have filed a complaint against the company, CryptoMining. дальше »
2019-2-19 13:41 | |
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Preliminary Injunction Against Blockvest for Fraudulent Securities Offering and Illegal Use of SEC Seal
The SEC filed a complaint against Blockvest and its founder for allegedly making unregistered securities offerings and using the SEC seal without permission. On Feb. 14th, the US District Court of California entered in a preliminary injunction against the firm. дальше »
2019-2-17 01:56 | |
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Uber Drags New York City into Court over Draconian Cap on Ride-Hail Drivers
Uber is suing New York, seeking to overturn the city’s year-long cap on new licenses for ride-hailing vehicles. The company said it’s suing the city because it’s worried that the temporary restriction could become a permanent draconian measure. дальше »
2019-2-17 21:45 | |
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US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading
The job of a top lawyer at Apple Inc. was to ensure that no employees violate the company’s insider-trading policies. It turned out that he was the one who was trading Apple Shares illegally, according to US regulators. дальше »
2019-2-16 11:50 | |
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Lead Plaintiff's History Of Bigotry And Contradictions Complicates Tezos Class Action
Lawyers for Dynamic Ledger Solutions, the company behind the Tezos token sale, today filed several motions that would put a class action lawsuit against it back to square one.
дальше »2019-2-9 02:10 | |
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CEO of Crypto Exchange Quadriga Filed Will 12 Days Before his Death
The CEO and founder of the Canadian crypto exchange QuadrigaCX reportedly signed his last will and testament just days before his death. Gerard Cotten passed away in December last year in India and apparently neglected to leave copies of the exchange platform’s cold-storage access, leaving the company and its customers out of pocket. дальше »
2019-2-7 00:00 | |
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Court Grants QuadrigaCX Bankruptcy Protection
Today, February 5, 2019, a court in Nova Scotia, Canada, granted bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) to the embattled Vancouver-based cryptocurrency exchange QuadrigaCX. дальше »
2019-2-6 23:12 | |
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Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss
When QuadrigaCX announced last month that CEO Gerald Cotten had suddenly died and roughly $150 million in cryptocurrency ($180 million Canadian) was inaccessible as a result, the crypto world went nuts. дальше »
2019-2-5 20:35 | |
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Slack IPO: Here’s How Much This Silicon Valley Unicorn Could be Worth Now That it’s Going Public
The Slack IPO, one of 2019’s most hotly-anticipated public offerings, is officially in motion. The widely used business productivity company announced today that it has filed for a direct listing. дальше »
2019-2-5 21:45 | |
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Quadriga CEO Death – Funds Moved From ‘Lost’ Cold Wallets
A company with legal problems; a mysterious death; missing customer funds. The QuadrigaCX story could have come straight from the pen of a hack Hollywood writer. Well now, the internet’s faithful crypto-investigators, claim to have found evidence of transactions initiated from the supposedly ‘lost’ cold wallets. дальше »
2019-2-4 20:00 | |
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Pavel Durov Closes UK-Based Company Telegram Messenger LLP
Russian-born entrepreneur Pavel Durov is liquidating Telegram Messenger LLP, the Britain-based company behind the popular messaging service Telegram. The same entity is registered as the messenger’s operator in the Russian Federation, where Telegram is currently banned. дальше »
2019-1-12 23:10 | |
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Blockchain startup Zwoop collapses following cancellation of ICO
VC-backed cryptocurrency startup Zwoop has gone into administration. According to an exclusive report by The Telegraph’s James Cook, the company’s board of directors filed for administration at the end of November last year. дальше »
2019-1-11 17:07 | |
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Silver Miller Files Lawsuit against Cryptocurrency Company for Defrauding Customers
Silver Miller, a US-based cryptocurrency Investor law firm has filed a lawsuit against Jeremy Spence for allegedly organizing a Ponzi scheme disguised as an investment hedge fund claiming to be managing $5 million worth of investors assets, reports Finance Magnates on December 27, 2018. дальше »
2018-12-28 03:00 | |
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Layoffs Underway Amid ‘Adjustments,’ Bitcoin Miner Bitmain Confirms
Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. дальше »
2018-12-25 19:00 | |
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Alfonso Ribeiro and Backpack Kid latest to sue Epic over Fortnite dances
Two more voices have joined the case against Epic Games, bringing more allegations of intellectual property theft. In this case, the people in question are Alfonso Ribeiro, best known for his role as Carlton Banks on The Fresh Prince of Bel-Air, and the infamous Backpack Kid. дальше »
2018-12-18 21:53 | |
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Coincheck Exchange Buyer Monex Shares Launch of US Crypto Trading in Quarter One of 2019
Japanese financial services giant Monex Group has recently announced their intentions to launch US-based cryptocurrency services in less than 3 months. In order to achieve this, the company has filed for business registrations in each of the US states. дальше »
2018-12-13 19:42 | |
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Samsung to Enter Blockchain Industry
The cryptocurrency market, over the last year, has attracted many big names to jump on to the cryptocurrency bandwagon. The most recent company to jump on is Samsung. The company has filed two trademark application for including Blockchain and cryptocurrency functionalities in their upcoming phones. дальше »
2018-12-13 10:16 | |
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Samsung Files for Three Blockchain-Related Applications in the European Union
Electronics giant Samsung has filed for three blockchain-related trademark applications in the European Union on December 10, 2018. Some tech websites suggest these applications are related to the company’s plan to offer a cryptocurrency cold wallet on its phones. дальше »
2018-12-13 22:00 | |
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Mastercard Develops a New Way of Keeping Crypto Transactions Private
CoinSpeaker Mastercard Develops a New Way of Keeping Crypto Transactions Private MasterCard has filed a patent application in an attempt to implement a new strategy of maintaining the anonymity of crypto transactions. дальше »
2018-12-8 13:52 | |
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Lawsuit Filed Against Roger Ver, Bitmain, Kraken Over ‘Hijacking Bitcoin Cash Network’
On December 6, 2018, publicly listed American internet services company UnitedCorp filed a lawsuit against Bitcoin Cash proponent Roger Ver, the founder of bitcoin. com, bitcoin mining giant Bitmain and cryptocurrency exchange Kraken for allegedly hijacking Bitcoin Cash network unlawfully for personal benefit. дальше »
2018-12-8 09:00 | |
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Mastercard Files Patent for Anonymous Electronic Transactions Via Blockchain
On Dec. 6th, Mastercard filed the patent Method and System for Anonymization of Electronic Transactions Via Blockchain. The move comes as several multinational corporations attempt to stake intellectual property claims around emerging blockchain technology. дальше »
2018-12-8 06:48 | |
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Epic dances around legal issues with Fortnite emotes
Rapper 2 Milly yesterday revealed he was suing Epic Games, the creators of Fortnite, for copying his dance, the Milly Rock, in one of their emotes. The problem, he says, is not just that he’s not being fairly credited and compensated — it’s that he’s just one of several artists who’ve been treated this way by the game company. дальше »
2018-12-8 22:57 | |
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Coinbase wants to own “BUIDL” trademark
A crypto exchange Coinbase is seeking a trademark for “BUIDL,” a popular term used by some segments of the cryptocurrency community. According to an application filed with the U.S. Patentand Trademark Office (USPTO) on October 2, Coinbase wants “BUIDL” to become one of the company’s protected brand names. The word is the intentional misspelling of […] дальше »
2018-12-7 09:47 | |
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SEC Fails to Show Court Blockvest Tokens Are Securities
A U. S. district judge has denied the motion filed by the Securities and Exchange Commission (SEC) against cryptocurrency company Blockvest and its founder. The SEC failed to show the court that Blockvest’s tokens are securities. дальше »
2018-12-2 04:20 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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LG patent hints towards a phone with 16 cameras
Do you think four or five lenses on a smartphone camera are enough? Well, LG may not agree with you. The company’s recently filed patent hints towards a possible 16-lens camera on a phone. The patent, first spotted by LetsGoDigital, suggests matrix arrangements of 16 cameras with different curvatures. дальше »
2018-11-26 12:35 | |
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California-Based Silvergate Bank Files for IPO to Boost Cryptocurrency Services
Silvergate Bank, based out of La Jolla, CA, is preparing to go public with a price target of $50 million, according to the documents filed and submitted to the securities regulators. It would be listed in the New York Stock Exchange (NYSE) under the ticker “SI”. дальше »
2018-11-23 02:00 | |
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