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Tether and Bitfinex face new fraud lawsuit in Washington state, second in months

A fresh class action lawsuit has been filed against Bitfinex and its sister company Tether Limited, the company behind the controversial but market-leading USD-pegged stablecoin, USDT. Tether has issued a response categorically rejecting wrongdoing and has dismissed the latest complaint as “absurd and groundless. дальше »

2019-11-25 11:28


Bitfinex addresses latest 'copycat' lawsuit; vows to refrain from settlements

Prominent cryptocurrency exchange, Bitfinex seems to be sailing in troubled waters as several lawsuits have been slapped against the exchange. The most recent one being the "copycat lawsuit" filed agaThe post Bitfinex addresses latest 'copycat' lawsuit; vows to refrain from settlements appeared first on AMBCrypto. дальше »

2019-11-25 09:17


China: PBoC's Shanghai office warns investors against mixing blockchain with crypto

Since Chinese President Xi Jinping vocally announced his support for blockchain last month, regulatory bodies and financial institutions across the country have been spurred into action, with many nowThe post China: PBoC's Shanghai office warns investors against mixing blockchain with crypto appeared first on AMBCrypto. дальше »

2019-11-22 13:26


Shenzhen City Authorities Warns Against Illegal Crypto Activities After Recent Blockchain Hype

According to Eastmoney, Shenzhen, the tech capital of china recently issued a warning against illegitimate dealings taking place in the cryptocurrency industry. The report released by Eastmoney indicated that the Leading Group for Remediation of Internet Finance Risks, a regulatory body in the city, is investigating all illegal dealings in the crypto space. According to […] дальше »

2019-11-22 00:00


Circle’s USDC Stablecoin Receives Clean Audit Report; Fiat Backed Reserves Grow by Over 50%

The USDC stablecoin parent company, Circle, most recent audit report shows the firm is liquid enough to back its 1:1 token peg ratio against the dollar. According to the audit done by Grant Thornton, Circle’s operation is well balanced besides being supported by Financial Services giant, Goldman Sachs. Back in October, Circle issued a circulating […] дальше »

2019-11-21 19:15


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Visa’s Latest Blockchain Solution Protects Permissioned Ledgers Against Malicious Actors

Visa unveiled its newest innovation this week: a trusted execution environment (TEE) that can help induce a fair and just computational layer that maintains privacy and wards off bad actors. According to Ledger Insights, there are a wide range of use cases for this that can help improve customer privacy without affecting process efficiency, NovemberRead MoreRead More. дальше »

2019-11-19 22:00