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MoneyGram Slapped With Class-Action Lawsuit For Issuing Misleading Statements Concerning XRP

The fiasco surrounding the legal status of Ripple’s cryptocurrency XRP continues to unfold as a new lawsuit filed against MoneyGram puts pressure on the case. MoneyGram, presently the world’s second-biggest money transfer service provider, is being sued for allegedly making false statements regarding its relationship with Ripple and also for failing to reveal that XRP […] дальше »

2021-3-3 20:56


SEC Explains Itself by Issuing a Risk Alert for Crypto Assets

The SEC pointed out that Risk Alerts are not judgements or warnings or hints at acceptance regarding the subject matter. The alerts only represent the view of the Commission. SEC Viewpoint In this case, the SEC’s Division of Examinations observed certain points “during examinations of investment advisers, broker-dealers, and transfer agents” regarding crypto. дальше »

2021-2-27 18:01


Coinbase Transitions to a Fully Decentralized Company After Switching to ‘Remote-First’

The global COVID 19 pandemic has changed completely how businesses operate as most companies allowed their employees to start working from home. Such is the case with the U. S. largest crypto exchange, Coinbase, who announced they would be transitioning to a decentralized company after nine months of working as a remote-first company. дальше »

2021-2-26 21:04


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US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction

A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations were not enough to give the court jurisdiction. According to a report, the dismissal of the case against represents the first such ruling “in a suite of similar cases filed by crypto investors represented by Selendy […] дальше »

2021-2-25 01:30


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Bitfinex Settles with New York Prosecutors for $18.5M

The case between New York authorities and major crypto exchange Bitfinex has finally reached a conclusion with an $18.5 million settlement. Meanwhile, Tether’s reserve which has been a matter of some speculation will soon be put to rest with quarterly information to be provided following the settlement of the case. NYAG vs. Bitfinex Settlement: TetherRead More дальше »

2021-2-23 17:39


One To Watch: Franck Muller Launches Hyper-Exclusive King Tourbillon Limited Edition

Swiss horology brand Franck Muller can’t be accused of making an understatement. The “Master of Complications” brand has provenance, and a history of bold innovation. For instance, it crafted the signature Cintree Curvex case at a time when haute horology was bound by tradition, and round watches were the norm. дальше »

2021-2-21 16:20


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Pundit On Why the Impact of Bitcoin Mining is a Net Positive for the Environment

Bitcoin critics have not relented in reiterating their consensus belief that Bitcoin allows for an excessive waste of energy due to the high demand of electrical power needed for mining activities. While it is indeed true that Bitcoin mining consumes a truckload of energy, an interesting case for Bitcoin mining as an essentially valuable practice […] дальше »

2021-2-14 22:38


$600B Investing Giant Talks DeFi’s Value Proposition; Competes with Banks But Nowhere Close to their Size Yet

DeFi is an attractive potential set of solutions as “the more obvious store of value use case to hedge against inflation,” explains AllianceBernstein. The post 0B Investing Giant Talks DeFi’s Value Proposition; Competes with Banks But Nowhere Close to their Size Yet first appeared on BitcoinExchangeGuide. дальше »

2021-2-11 16:59


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Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining Case

A Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up to 20 years in federal prison if convicted. […] дальше »

2021-2-9 09:30