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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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Square Inc’s strong Bitcoin revenue numbers highlight its growing stature as a crypto-payments service
Organizations associated with the world’s largest cryptocurrency, despite the coin’s lacklustre performance over the past few weeks, have crunched out impressive numbers in Q2 of 2019. дальше »
2019-8-3 20:30 | |
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Square’s Cash App Doubles Its Bitcoin-Generated Revenues
Square, Inc. , a U. S. financial services and mobile payment company, reported its 2019 second-quarter earnings, beating the market’s expectations. The company’s total net revenue for the second quarter grew 44% from one year ago. дальше »
2019-8-3 19:00 | |
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Square Inc’s Bitcoin revenues account for $125 million as CashApp records significant growth
After weeks of sideways movement, Bitcoin is in the news again. However, this time has little to do with the coin’s price. Instead, it is associated with Square, Inc. releasing its Q2 Shareholders’ report. дальше »
2019-8-2 15:23 | |
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BitTorrent founder accuses Justin Sun of failed payment in TRON Foundation’s $140 million acquisition
BitTorrent founder Bram Cohen publicly accused Justin Sun of not making the final payment on the TRON Foundation’s $140 million acquisition of BitTorrent, Inc. Anybody know if Justin Sun is hard up for cash? He isn't letting the last payment for BitTorrent get out of escrow. дальше »
2019-7-26 04:08 | |
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Ripple Q2 Market Report: XRP Sales Decline, Partnerships Bolster Market Width
Ripple Inc’s Q2 2019 market insights report shows mixed results from a fundamental growth perspective. The company has relied on the sale of XRP tokens for a major chunk of its revenue, and this number has sunk to a mere $251 million this quarter. дальше »
2019-7-26 19:00 | |
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Equifax to Pay Fine, FTC Lets Another Bad Guy Off the Hook
The Federal Trade Commission (FTC) is coming down on Equifax Inc with the strength of an angry kitten. The credit bureau is reportedly expected to pay around $650 million after they exposed the private information of more than 145 million customers in the summer of 2017. дальше »
2019-7-21 04:45 | |
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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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Venezuelans File $30 Million Lawsuit against Crypto Ponzi Scheme
A group of Venezuelan citizens has dragged the owners of Eagle Financial Diamond Group Inc. and Argyle Coin have been dragged to court for defrauding them through their diamond-backed crypto Ponzi scheme. дальше »
2019-7-17 17:00 | |
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Ex-Hollywood Exec Indicted for Stealing and Pumping $22 Million into Bitcoin
Dennis Blieden, a former executive at StyleHaul Inc. , a marketing services, media, and technology firm that represents influencers on YouTube and Instagram, has been arrested for embezzling $22 million from the company. дальше »
2019-7-13 23:00 | |
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Bitcoin Exchange Hack: $32 Million Stolen from Japanese Platform Bitpoint
The Japanese bitcoin exchange Bitpoint is the latest platform to fall victim to hackers, losing $32 million in cryptocurrencies according to a report by Remixpoint Inc. , its parent company. Bitpoint joins other Japan-based exchanges, including Zaif and Coincheck to suffer losses due to cyberattacks. дальше »
2019-7-12 19:00 | |
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Ethereum user data storage cloud 3Box closes $2.5M seed round
Today, the team of 3Box, a distributed database that supports public and private data for Ethereum users, announced that it has closed a USD $2. 5 million seed round led by Placeholder Ventures to further develop its platform. дальше »
2019-6-27 18:51 | |
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npm thwarts malware attempt, helps Komodo protect $13 million in crypto assets
CryptoNinjas On Tuesday, June 4, the npm, Inc. security team, in collaboration with Komodo, helped protect over $13 million in cryptocurrency assets after finding and responding to a malware threat targeting the users of a cryptocurrency wallet called Agama. дальше »
2019-6-6 19:50 | |
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Kik’d: SEC Sues Crypto Firm over $100 Million Illegal ICO
In a press release issued June 4, 2019, the U. S. Securities and Exchange Commission (SEC) stated that it was suing Kik Interactive Inc. for conducting a $100 million illegal initial coin offering (ICO) of digital tokens. дальше »
2019-6-5 11:00 | |
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SEC Sues Kik Over Illegal Security Token Kin, The Outcome Could Change Crypto Forever
As expected, the United States Securities and Exchange Commission has sued Kik Interactive Inc. The regulatory body alleges that the social messaging firm turned crypto company broke securities laws when it held its $100 million ICO in 2017. дальше »
2019-6-5 00:00 | |
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SEC Charges Kik (KIN) for Running Unregistered ICO, Could Clarify Crypto Regulations
The United States Securities and Exchange Commission announced today that it is suing Kik Interactive Inc. for conducting an illegal $100 million ICO. We are excited to finally get the clarity we all need. дальше »
2019-6-5 22:48 | |
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SEC strikes down Kik Interactive days after Kin Foundation announced Defend Crypto initiative
Right when everything seemed to be going well between the United States Securities and Exchanges Commission [SEC] and the cryptocurrency space, the SEC released a press statement on charging Kik Interactive Inc. дальше »
2019-6-4 20:43 | |
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Op Ed: Debunking Bitcoin Myths: The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-6-4 23:41 | |
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Op Ed: Debunking Bitcoin Myths, The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-5-31 23:41 | |
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Nabbed! SEC Reels in $30 Million Alleged Diamond-Backed Crypto Scam
By CCN: The U. S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors were fleeced into handing over funds to Florida-based Argyle Coin LLC. дальше »
2019-5-22 22:30 | |
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AlCoin Invests in Global Health Care Provider Sevamob
AICoin, a Singapore-based blockchain firm has invested in Sevamob, a leading platform in AI healthcare technologies. AICoin, a tokenized group that uses profits from its crypto trading operations to invest in early-stage AI startups, has invested in Sevamob Ventures USA Inc. дальше »
2019-5-21 23:23 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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Bitfinex users unable to withdraw funds, $430 million drained from exchange cold wallets
An ongoing investigation into iFinex Inc. seems to have caused an exodus of traders out of Bitfinex. An increasing number of users report issues with withdrawing funds from the platform. Moreover, approximately $430 million worth of Bitcoin and Ethereum have exited the exchange’s cold wallets. дальше »
2019-5-9 17:35 | |
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After a 315 Percent Explosion, Ripple Inc Partner Receives a $3.4 Million Funding, customers exceed 1 million
Seven months after their partnership with Ripple Inc, TransferGo now has more than one million customers and recently received $3. 4 million in Serie B funds The post After a 315 Percent Explosion, Ripple Inc Partner Receives a $3. дальше »
2019-5-9 17:21 | |
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Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc. plans to conduct an initial exchange offering (IEO), aiming to raise $1 billion. The move follows a probe led by the attorney general of the State of New York, which revealed the apparent loss of $850 million in funds […] The post Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering appeared first on CryptoSlate. дальше »
2019-5-8 17:09 | |
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Winklevoss Capital Backing Flare Mitigation of Natural Gas with Crusoe Energy Systems Financing
According to Bloomberg, the Winklevoss twins’ family office has participated in a seed financing for Crusoe Energy Systems Inc. to the tune of $4. 5 million. Crusoe Energy has plans to advance construction of data centers that mine cryptocurrency using a surplus of natural gas. дальше »
2019-5-7 13:34 | |
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S&P 500 Stock Plunges 24% After Brutal Q1 Loss Stuns Investors
By CCN: Stocks are broadly tanking today, but Fluor, Inc. , a Texas construction outfit, is leading the charge, with a roughly 24% loss by press time. The company lost 48 cents per share and announced the resignation of its 8-year CEO David Seaton. дальше »
2019-5-3 22:34 | |
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Bitfinex’s second move amounts to ~$67 million worth of Bitcoins, yet is still among top-5 richest wallets
Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc. , withdrew more Bitcoin funds from its cold wallet. This was noted to be the second time the exchange withdrew BTC funds in just one week, with some speculating it to be a side-effect of the NY AG opening an investigation against the platform. дальше »
2019-5-1 22:30 | |
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Facebook Veterans Launch NFT Powered Social App Following US$1.5M Seed Funding
Vault. io, Inc. , a New York-based startup headed by former Facebook veterans, has announced the launch of Editional, an Ethereum-based social platform that allows users to create, claim, and trade unique collectibles online. дальше »
2019-5-1 21:01 | |
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SaTT Presents the Future of Advertising on the Blockchain to Asia
April 29th 2019, Singapore, Singapore – Recent weeks have seen the SaTT team presenting and showcasing the SaTT digital advertising project on the blockchain in a number of conventions and community meetups in the region, amongst them Blockchain Life 2019, Block Live Asia, World Blockchain Summit Taipei and DLT 101. дальше »
2019-4-29 13:50 | |
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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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Tether price falters following iFinex investigation, bitcoin moved from Bitfinex
Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a court order against iFinex Inc. , which operates Bitfinex and owns Tether Ltd. дальше »
2019-4-27 23:39 | |
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Tether Forecast Is Gloomy- But Does Bitfinex Deserve All The Blame?
An investigation by the New York Attorney General’s office alleges that $850 million in losses at Bitfinex were covered up by Tether, their affiliate. The allegations are yet another sting for the troubled pair, both owned by iFinex Inc. дальше »
2019-4-27 22:19 | |
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Tether and Bitfinex Accused of Covering up $850m Loss, Sparks a $10b Loss in One Hour
Tether is on the spotlight, again. This time, the largest stablecoin in the market is at the center of an alleged $850 million cover-up. The New York attorney general Letitia James obtained a court order yesterday enjoining iFinex Inc. дальше »
2019-4-26 18:05 | |
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Breaking: NY AG Alleges Bitcoin Exchange Misused Tether to Hide $850M
By CCN: The office of New York Attorney General Letitia James has officially obtained a court order to request iFinex Inc, the operator of bitcoin exchange Bitfinex and Tether, to cease operations in New York. дальше »
2019-4-26 01:21 | |
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Utop Blockchain Company Receives $3 Million Investment From SBI Holdings, FPT Corporation
SBI Holdings And FPT Corporation Invest $3 Million In Vietnamese Blockchain Company Utop, a Vietnamese blockchain startup has recently revealed that they have signed a memorandum of understanding (MoU) with FPT Corporation and SBI Holdings Inc on investing $3 Million in the startup. дальше »
2019-4-20 19:36 | |
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Provenance.io blockchain raises $20 million in Security Token Offering (STO)
CryptoNinjas Provenance Blockchain, Inc. (PBI), the administrator for the Provenance. io blockchain, announced it has completed a $20 million security token offering to support the continued development and expansion of the Provenance. дальше »
2019-4-11 04:10 | |
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Will Ripple (XRP) Drop to 34 Cents? xRapid and Building Determiners
Ripple (XRP) up 14 cents in the last week Building and strategic partnership will drive adoption helping support Ripple (XRP) prices Chris Larsen is part of the IMF Advisory Board, remains the co-founder of Ripple and recently donated $25 million in XRP at the San Francisco State University. дальше »
2019-4-9 22:00 | |
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Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense
Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. дальше »
2019-4-5 16:23 | |
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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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Ripple (XRP) Performance Poor despite Increasing Bank Partnerships
Ripple prices stable but bullish Federal Bank has a partnership with Ripple Inc Increasing prices will lift participation levels above 20 million Fidelity Investment will forge on and develop supporting infrastructure as they aim at hedge funds, pension funds and professional investors despite falling—but recovering digital asset prices. дальше »
2019-3-30 20:00 | |
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Ripple Inc Partners with A $19 Billion Bank With 8 Million Customers
Ripple Inc now has a partnership with Federal Bank, a 70-year old Indian bank with $19 billion in asset and 8 million customers. There are no details as to whether the bank will leverage xRapid or xCurrent in their grand plans of increasing their remittance market share in India. дальше »
2019-3-29 15:10 | |
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Coinbase Earn adds Stellar’s XLM to list of Cryptos to be Earned on Learning Platform
In April last year, Coinbase made a $100 million acquisition of Earn. com. The firm started out as 21 Inc and used to be a Bitcoin mining start-up before it evolved. Today it is now called Coinbase Earn which is a service that allows its users to make money for acquiring knowledge about cryptocurrencies. дальше »
2019-3-27 11:12 | |
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Public Blockchain Company Tendermint Inc. Secures $9 Million in Series A Round
Tendermint, a respected public blockchain development company, announced the successful completion of their series A round. Paradigm, a crypto asset investment company, led the $9 million round with support from prominent co-investors including Bain Capital and 1Confirmation. дальше »
2019-3-17 05:37 | |
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