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Coinbase facing class-action lawsuit amidst SEC investigation
Coinbase is faced with more legal battles as two law firms have filed a lawsuit against the company amidst an ongoing investigation by the SEC. The post Coinbase facing class-action lawsuit amidst SEC investigation appeared first on CryptoSlate. дальше »
2022-8-5 20:42 | |
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Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns
Michael Saylor has clarified that the company's strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitcoin-backed loan. дальше »
2022-6-15 16:30 | |
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Celsius reportedly seeks advice from lawyers on restructuring
Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing. дальше »
2022-6-16 13:42 | |
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Crypto Data Firm, CoinMarketCap, Rolls Out ‘Confidence’ Indicator For Ranking Algorithm for Market Pairs
In an announcement released on Friday, May 29, 2020, CoinMarketCap announced new changes to its metrics and market pairing ranking systems in a bid to chaff out exchanges presenting fake volumes. The new system, however, is facing major criticism from the community who claim the changes favor its parent company, Binance exchange. Studies on cryptocurrency […] дальше »
2020-5-29 16:54 | |
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“Technology is the solution to the problems the energy sector is facing”: Michael Opitz, CEO of LCG Energy
Recently, a well-known company on the German and austrian energy markets announced the launch of their blockchain initiative with its ambitious plans to bring the sector to a whole new level. LCG Energy is a licensed utility provider, energy reseller and contractor with over a decade of experience, more than 50. дальше »
2020-4-5 00:00 | |
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Nobody’s a Winner in $33 Million LeBron James Lawsuit
LeBron James and his Uninterrupted company are facing a lawsuit from a non-profit over their use of the "More Than An Athlete" slogan. The post Nobody’s a Winner in $33 Million LeBron James Lawsuit appeared first on CCN.com дальше »
2020-2-21 00:57 | |
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Bitmain’s Top Miners Are Being Underproduced, Weak 2020 Sales Expected
The mining giant Bitmain is facing more difficulties, further squeezing the company towards a dangerous financial situation. Its Director of Sales recently said that production capacity for the S17 and T17 is “very limited. дальше »
2020-2-9 06:33 | |
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Bitcoin Mining Plant in Colorado Keeps Neighbors Awake at Night
The City of Colorado Springs is facing complaints about a mining plant who is struggling to comply with the city noise ordinance. This according to a report from Colorado Springs Independent, July 24, 2019. дальше »
2019-7-25 13:00 | |
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Nintendo is facing a class-action lawsuit over ‘Joy-Con drift’
As more and more reports of flaws in the Nintendo Switch’s Joy-Con controllers surface, a New England law firm is championing the players with a lawsuit against the company. If you haven’t experienced it, the fault occurs sometimes in Joy-Con that have been in use for a while. дальше »
2019-7-23 01:21 | |
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Ripple’s XRP Is Gradually Becoming The Go-To Option For Major Payments
In a tweet on July 5, 2019, Eric Dadoun, an early stage startup investor stated that Ripple’s XRP working under the hood to ensure users send and receive payments in their own currency. This he says has always been key to the company. дальше »
2019-7-7 14:56 | |
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Goldman Sachs’ Dire Tech Stocks Warning Contradicts Its Own Data
By CCN Markets: Goldman Sachs issued a dire warning about U. S. tech stocks last weekend. Their valuation premiums are at historic highs. Add the potential threat of U. S. regulatory interventions, and Goldman sees a bear market ahead for tech. дальше »
2019-6-21 17:09 | |
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Swede facing extradition to US over $11M Bitcoin investment scam
A Swedish citizen has been charged with securities, wire fraud, and money laundering in a scheme that saw him encourage victims to invest using cryptocurrencies such as Bitcoin In a complaint submitted on March 4, 2019, and unsealed yesterday, Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), were charged with engaging in a scheme that defrauded more than 3,500 victims of over $11 million. дальше »
2019-6-20 11:49 | |
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San Francisco Based Blockchain Startup Dispatch Labs On A Verge Of Shutdown
Even though the crypto bear market seems long gone for most investors, people who were building businesses around this space during that time are still facing the repercussions now. Dispatch Labs is one such company whose operational capital is running on fumes. дальше »
2019-6-16 23:55 | |
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Facebook Recruits Bank Lobbyist for Regulatory Assist with Crypto GlobalCoin
By CCN Markets: Facebook has just hired a senior UK bank lobbyist ahead of GlobalCoin launch to help the company cope with European regulations. According to the Financial Times, Facebook will employ Standard Chartered European Head of Corporate and Public Affairs Ed Bowles from September as its London-based director of public policy. дальше »
2019-6-14 15:14 | |
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Long Fin Of The Law: SEC Slaps LongFin With Fraud Charges
Kik isn’t the only company facing regulatory blowback. LongFin, a fintech company which drew controversy for an abrupt blockchain pivot, is now fighting allegations of fraud from the Securities and Exchange Commission. дальше »
2019-6-7 00:18 | |
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YouTube clumsily tries to rectify its confusing anti-harassment policies (again)
Facing immense pressure, YouTube has said it will reexamine its harassment policies and update them. The company said it will do so in “consultation with experts, creators, journalists and those who have, themselves, been victims of harassment. дальше »
2019-6-6 10:57 | |
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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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Tesla Stock Plummets to Just $10, Says Morgan Stanley in ‘Worst Case Scenario’
By CCN: Tesla stock is all set to drop below $200, but Morgan Stanley believes that shares of the electric vehicle company could be worth just $10 in the worst case scenario. Yes, that’s what Morgan Stanley analyst Adam Jonas believes in light of the many problems Tesla has been facing of late. дальше »
2019-5-21 16:13 | |
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How Mastercard is The Leading Card Processing Company In Crypto Adoption
One of the biggest challenges facing cryptocurrency today is the issue of mass adoption. To put it in more clear terms, cryptocurrencies are not yet widely accepted as a means of payment in the real world. дальше »
2019-5-11 07:30 | |
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Argo Blockchain, Listed on London Stock Exchange, Looks to Save Its Stock Value with 1,000 New Miners
Argo Blockchain, a publicly listed company on the London Stock Exchange, has recently affirmed tnat it had expectations to break even after the current quarter, despite all the problems that it is facing. дальше »
2019-5-8 21:00 | |
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ConsenSys Founder, Joe Lubin: “Ethereum (ETH) a Better Currency than Bitcoin (BTC)”
Joe Lubin, a prominent figure in Ethereum and the cryptocurrency community as well, appeared on Tom Shaughnessy of Delphi Digital (DelphiDigital. io) podcast to discuss Ethereum, Bitcoin and other topics affecting the blockchain industry today. дальше »
2019-5-7 18:36 | |
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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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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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$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy
By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. дальше »
2019-4-27 00:35 | |
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Facebook Scandals Could Hit Hardest Yet with First Profits Fall Since 2015
By CCN. com: Facebook’s annus horribilis looks like it will continue unabated, with the social media giant likely to experience its first quarterly drop in earnings since 2015. Despite recording a $3bn turnover increase, analysts expect the company to report a profit reduction from $5 billion in Q1 2018 to $4. дальше »
2019-4-23 11:35 | |
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MakerDAO Voters are Currently Divided on How Much to Hike Fees for DAI Stablecoin
The token holders of the MakerDAO loan system are facing difficult times right now. The stability of their stablecoin is not going great as it is being sold by less than $1 USD in secondary markets. дальше »
2019-4-19 01:30 | |
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Crypto exchange Kraken sued by former trading desk manager for $900,000
Kraken, a popular cryptocurrency exchange based in the US, is facing a lawsuit from former employee Jonathan Silverman. The former trading desk manager alleges the exchange failed to pay him promised commissions and is demanding $900,000 in compensation for the $19 million in profits its trading desk generated during his tenure at the company. дальше »
2019-4-9 21:24 | |
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Will the US SEC Issue a No-Action Letter For Ripple’s XRP?
The United States Securities and Exchange Commission (SEC) issued its first no-action letter to a cryptocurrency company. However, with Ripple’s XRP facing the same situation, could the commission issue a similar letter? The post Will the US SEC Issue a No-Action Letter For Ripple’s XRP? appeared first on Ethereum World News. дальше »
2019-4-5 17:30 | |
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Coinbase Crypto Company’s Centralization Clash With The Coin Community Is Coming To Light
Will Coinbase Survive It's Current Bad Press And Seeming Liquidation? Coinbase is currently facing a bit of a hard time and it looks like things might not get any better any time soon. The current issues could be traced to a number of things but regardless, many people think that Coinbase’s liquidation, if it eventually […] дальше »
2019-3-22 03:04 | |
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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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Tesla Faces Dozens Of Lawsuits Apart From SEC Action
These are not the best of times for Tesla CEO Elon Musk. Fresh from dealing with a stock price crisis caused by weak sales and presumed consumer apathy, he is again facing legal action from the SEC, in addition to dealing with Tesla’s weak financial situation and amssive layoffs. дальше »
2019-3-20 06:15 | |
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CoinMD CoinRewards Might Close Doors By Month’s End Citing Financial Woes: Thomas McMurrain, CEO
In a recent video post online recently, Thomas McMurrain – the CEO of CoinMD, the “world’s first Universal Healthcare Marketplace that accepts cryptocurrency” has disclosed that the company is facing serious financial challenges. дальше »
2019-3-8 03:00 | |
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Top Crypto Analyst believes Bitcoin without Satoshi Nakamoto is facing the same fate as Apple without Steve Jobs
Former tech banker and self-proclaimed Bitcoin maximalist Kevin Pham has taken to Twitter to express his thoughts on the current state of the Bitcoin network. Pham’s tweet implied that the Bitcoin network is losing momentum, more precisely, Pham compared the current state of the network to that of America’s top tech company Apple. дальше »
2019-3-8 01:00 | |
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The most troubling parts of Nintendo’s new Labo VR kit, ranked
You know Nintendo, right? Then you’ll probably be aware of the Labo, a set of cardboard add-ons that transform the company’s Switch console. Well, today the company announced the next instalment in the series: the VR kit. дальше »
2019-3-7 19:19 | |
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Elon Musk Teases ‘Model Y’ SUV, Fails to Rescue Tesla’s 7% Stock Fall
Tesla has not had its best of weeks. Amidst fierce protests over drastic price cuts and a 7 percent plunge in its stock price, the company is facing criticisms from analysts and its customers. On Sunday, Tesla CEO Elon Musk announced the launch of Model Y, a new addition to the company’s SUV line, and the Tesla V3. дальше »
2019-3-4 16:20 | |
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Coinbase Neutrino Acquisition Reveals History Of Spying and Gov’t Data Selling
Cryptocurrency exchange Coinbase is facing an increasing publicity nightmare after it emerged the CEO of a company it took over sold private user data to governments. Coinbase: Neutrino ‘Will Help Prevent Theft’ Announced February 19, Coinbase now owns Italian blockchain surveillance startup Neutrino, having acquired the company for an undisclosed sum. дальше »
2019-2-19 20:00 | |
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Why Huawei CFO’s arrest is sparking tension between the US and China
While Huawei is selling tons of phones worldwide, it’s facing a grim time in the US with plenty of lawsuits and governmental bans against it over surveillance concerns. Most notably, the company’s Chief Financial Officer, Meng Wanzhou, has been arrested and is facing a potential sentence of up to 30 years in a US prison. дальше »
2019-2-19 11:55 | |
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Lawyers Could Damage Ripple if they Want for the Methods Used by the Company to Promote XRP
Ripple is currently facing a legal battle to avoid XRP being considered a security by the U. S. Securities and Exchange Commission (SEC). It has been a tough year for Ripple and the XRP digital asset. дальше »
2019-2-16 23:54 | |
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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments
Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »
2019-1-23 00:57 | |
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Bitmain Crypto Mining Juggernaut is Facing an Uncertain Future With Ongoing Crypto Bear Market
It's usually not good news to hear that members of a company's leadership will step down, for any member of a tech company, it would be a death sentence for its share value. But for Bitmain, not one, but two will be stepping down. дальше »
2019-1-14 23:28 | |
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Harley-Davidson debuts its all-electric ‘LiveWire’ motorcycle at CES
Harley-Davidson today announced that it has started taking pre-orders for its first all-electric motorcycle, the LiveWire. For automakers, it’s a mad dash to the finish line in an attempt to compete with the likes of Tesla, BMW, Volkswagen and others. дальше »
2019-1-8 01:49 | |
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