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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


XRP is a “Big Game Changer,” says Ripple SVP Asheesh Birla Regarding RippleNet Payments Business

Asheesh Birla, the SVP of Product at Ripple while speaking with Ginger Baker, the senior director of product at Ripple recently talked about RippleNet, XRP among other things. Starting with what exactly Ripple is trying to solve, he explains how the initial idea was to move money like information. But today still sending money is […] дальше »

2019-4-16 18:05


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We Can’t Take Wells Fargo’s and Mastercard’s Blockchain Bearishness Seriously (And Neither Should You)

CEOs of major financial companies are jumping on the bearish-on-blockchain bandwagon, with both Wells Fargo’s and Mastercard’s CEOs telling CNBC’s Andrew Ross Sorkin that blockchain’s utility in the business world is still unproven and unclear at the Fintech Ideas Festival on Wednesday. дальше »

2019-3-29 10:00


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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


Here’s What Skeptics of Tesla’s $35,000 Model 3 Aren’t Saying

Over at CNN Business, they’re asking: is this week’s arrival of a $35,000 Tesla Model 3 “too little, too late?” How did they come up with such a negative question to ask about the Tesla Model 3? Despite the six to nine month waiting list for a new Tesla, which is down from prior wait times of 12 to 18 months, people are still lining up with a $1,000 cash deposit to wait months for the electric vehicle: “Tesla said the new wait time for both its long-range and dual-motor version and its performance version of the Model 3 is now The post Here’s What Skeptics of Tesla’s $35,000 Model 3 Aren’t Saying appeared first on CCN дальше »

2019-3-2 04:51