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U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record
The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was "unpersuasive" and that the courts need to work those questions out when they arise. дальше »
2024-5-26 20:43 | |
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Digital Currency Group Counters Lawsuit: Moves To Dismiss NY Attorney General’s Allegations
According to a Fortune Magazine report, Digital Currency Group (DCG) has submitted a motion to the New York Supreme Court to dismiss a lawsuit filed against the company by New York Attorney General Letitia James. дальше »
2024-3-7 00:30 | |
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D-Day in Bitfinex Trial — Will Bitcoin Price React?
Monday’s judgment in the legal tussle between the New York Attorney General (NYAG) and Bitfinex might have some short-term effect on the Bitcoin price. All Eyes on Monday’s Trial Outcome As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019). дальше »
2019-7-29 17:00 | |
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QuadrigaCX CEO Faked Crypto Trades, Indulged Millionaire Lifestyle with Customer Funds
By CCN Markets: Gerald Cotten, the CEO of the Canadian crypto exchange QuadrigaCX whose death is the reason for $190 million of missing funds and a bankrupt company, had transferred user funds to his personal accounts to use them as security for margin trading, a report by Ernst & Young revealed. дальше »
2019-6-21 13:07 | |
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Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account
In February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. дальше »
2019-6-3 22:45 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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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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Apple Stock Plunges 5% After Supreme Court Deals iPhone Maker a Crushing Blow
By CCN: Apple stock plunged more than 5 percent on Monday after the Supreme Court ruled 5-4 against the consumer electronics giant in a case revolving around its App Store. The decision will open the doors to an antitrust suit against the company, brought by iPhone users. дальше »
2019-5-13 19:34 | |
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Bitfinex Releases White Paper for LEO Token Sale
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »
2019-5-8 18:33 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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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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QuadrigaCX saga continues as cryptocurrency exchange moves to bankruptcy
QuadrigaCX, the cryptocurrency exchange which owes its customers $134 million in cryptocurrency following the unexpected death of its founder, is moving into bankruptcy proceedings. The company’s request to move into bankruptcy was approved by a Canadian Supreme Court yesterday. дальше »
2019-4-9 11:55 | |
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In Plain English: SEC Publishes Guidance on Tokens as Securities
The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security. дальше »
2019-4-4 22:02 | |
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Bullish Outlook Presented by 2019 Weiss Ratings For EOS, XRP, BTC, ETH, ADA, XLM
Weiss Ratings just put out its annual cryptocurrency report card. And it looks like they are giving the green light to curious investors. Martin D. Weiss, the company’s founder loves the technology behind cryptocurrency and foresees a future where digital assets reign supreme. дальше »
2019-3-27 10:23 | |
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Facebook Built an AI That’s a World-Class Expert on Porn
One thing you won’t be able to use Facebook’s new WhatsApp cryptocurrency for is buying or selling revenge porn on the social media platform. Facebook, the company revealed today, just made an AI that’s an expert on porn. дальше »
2019-3-15 19:43 | |
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Korea’s Biggest Actor Invests in Crypto and That’s a Big Deal for Asian Markets
Bae Yong-joon, arguably the most influential and widely recognized actor in South Korea featured in films like Winter Sonata and The Legend, invested in a local crypto startup called Seamon. Importance of a Public Figure Investing in the Crypto Space in South Korea According to Hankyoreh, a mainstream media outlet in South Korea, Seamon is co-founded by the Norway-based Ocean Supreme, the most dominant company in the Japanese Salmon market. дальше »
2019-3-13 17:12 | |
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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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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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Crypto Exchange Globitex Launches Banking Solution With Instant Transfers
Cryptocurrency exchange Globitex has launched a new service called the Euro Wallet which allows users to make and receive euro payments in their personal IBAN accounts like any other European bank account. дальше »
2019-2-14 16:01 | |
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Disgraced Crypto Exchange QuadrigaCX Accidentally Sent Nearly $400,000 to Dead CEO’s Bitcoin Wallet
On February 12, Ernst and Young (EY), the monitor of the QuadrigaCX case, released its first report with the Supreme Court of Nova Scotia. In it, EY stated that the exchange “inadvertently” moved $370,800 in Bitcoin to a cold wallet controlled by CEO Gerald Cotten, who passed away. дальше »
2019-2-13 03:05 | |
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QuadrigaCX Granted Creditor Protection After CEO’s Death Makes $190 Million Inaccessible
Following the sudden death of the 30-year-old founder Gerald Cotten, one of Canada’s largest cryptocurrency exchanges was granted an order for creditor protection in the Nova Scotia Supreme Court while the company looks to recover $190 million in investor funds. дальше »
2019-2-7 02:24 | |
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QuadrigaCX Gets Temporary Reprieve From Creditors as $180M ‘Floating Around’
QuadrigaCX, the embattled Canadian Bitcoin exchange, yesterday obtained a temporary reprieve from its creditors. Meanwhile, the matter of the over $260 million worth of “lost” cryptocurrencies “held” by the exchange remains unresolved with conflicting details emerging from various sources. дальше »
2019-2-6 16:00 | |
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Japan’s DMM Exiting Crypto Mining Business
Japanese e-commerce giant DMM. com is reportedly exiting the cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture and sell mining machines, citing similar reasons. дальше »
2019-1-2 08:05 | |
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Japan’s GMO Quits Manufacturing and Selling Mining Machines
Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy. дальше »
2018-12-26 01:00 | |
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Blockchain Will Be Brought Onto Satellites by Cryptocurrency Exchange to Help Adoption in Developing Countries
A new cryptocurrency exchange has partnered with a satellite operator to give blockchain access to people without the internet in developing countries. Supreme Global Holdings (SGH) has launched a new cryptocurrency exchange, SupremeCrypX and is partnering it with its satellite operator company SupremeSAT. дальше »
2018-12-21 16:45 | |
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Japan’s Monex Group Launching Crypto Exchange in the US
Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U. S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. дальше »
2018-12-14 07:55 | |
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Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card
Cryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with news. дальше »
2018-12-12 20:15 | |
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Crypto Exchange Orionx Loses Chilean Supreme Court Appeal
The company sought to have its account reinstated after being dropped by BancoEstado earlier this year, but that’s not going to happen.
дальше »2018-12-6 01:42 | |
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Japan’s Money Forward Announces Details of Upcoming Crypto Exchange
Japanese public company Money Forward, operator of a personal budgeting app with 7 million users, is preparing to launch a crypto exchange. Three cryptocurrencies will be supported. A representative of the company has shared some details with news. дальше »
2018-12-5 11:20 | |
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Ripple and R3 Reach Settlement in Year-Long Court Case
A year-old legal battle between two of the crypto industry’s leading organizations is coming to a close. After a volley of countersuits that had the companies jumping from courthouse to courthouse, Ripple and R3 have brokered a settlement that will put the drama to rest. дальше »
2018-9-12 21:26 | |
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Monday Bitcoin News Summary: Chief Strategist Leaves Bitfinex, Cryptos go to Capitol Hill
person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. дальше »
2018-6-25 17:45 | |
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Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill
In today’s edition of Bitcoin in Brief, “U. S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. дальше »
2018-6-25 15:35 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
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