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Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
7.3.2020
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan...
German Financial Regulator Takes Action Against First Bitcoin ATMs
6.3.2020
BaFin prohibits the crypto service provider and operator of bitcoin ATMs KKT UG from continuing its activities
Canaan Faces Class Action Lawsuit Alleging Dubious Practices During IPO
5.3.2020
Rosen Law Firm has filed a class-action lawsuit on behalf of investors in crypto mining hardware producer Canaan
Sweden Calls for Action Over Ukraine Crypto ‘Fraud Factory’
4.3.2020
Ukraine has been asked to act following a report of an alleged cryptocurrency fraud operation duping naive investors from the country's capital
Record Breaking Interest – Observing the Predictive Power of Bitcoin Futures Over BTC Spot Prices
29.2.2020
Bitcoin futures providers have been seeing a lot of action during the last two weeks as cryptocurrency markets have been extremely volatile. Data shows there’s been significant open interest on both retail and institutional bitcoin derivatives exchanges and Skew research noted bitcoin options...
Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors
27.2.2020
A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with...
Ripple Class-Action Lawsuit Can Proceed, Judge Rules
26.2.2020
A lawsuit claiming Ripple violated U.S. securities laws will be allowed to move forward – though with a caveat favorable to the San Francisco-based payments firm
Bitcoin Halving Mentions in Crypto Media Correlate With Bullish 2020 Price Action
25.2.2020
Digital asset data company The TIE found a correlation between Bitcoin halving media mentions and the cryptocurrency’s price
Lawyers Duke it Out Over Who Gets To Lead the Class Action Suit Against Tether
25.2.2020
The lawsuit against Tether is proceeding, but first a New York judge needs to choose which law firm takes the lead on the case. The decision will impact the direction of the case
Senior Bank of England Official Calls for Urgent Digital Fiat Action
24.2.2020
Central banks in major economies continue to change their stance on digital currency issuance, with Sarah John, the Bank of England’s chief cashier, stating that it is “so crucial” that central banks act before tech giants establish dominance in the sector.
Per British newspaper the Telegraph, John...
G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
24.2.2020
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also...
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...
Cryptocurrency Is Agorism in Action
17.2.2020
The book “New Libertarian Manifesto” (NLM) by libertarian-anarchist Samuel E. Konkin III (SEK3) launched a movement that has grown amazingly over the last few decades: Agorism. This is the movement of peaceful revolution through counter-economics. Counter-economics is “the study...
XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins
10.2.2020
Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in...
Ex-IOTA Dev Threatens Foundation Director With Legal Action Over $8 Million
6.2.2020
A former lead developer and co-founder of IOTA, Sergey Ivancheglo, threatened IOTA Foundation director David Sønstebø with a lawsuit over 25 million IOTA, worth nearly $8 million
IOTA Co-Founder Threatens Legal Action as Catfight Intensifies; MIOTA Up 10%
3.2.2020
The bitter, public war-of-words between the co-founders of the IoT-focused IOTA Foundation has taken a new turn, with Sergey Invancheglo taking to Twitter to announce that he will launch legal proceedings against fellow co-founder David Sønstebø.
Invancheglo appears to have accused Sønstebø...
Montana Crypto Mine Back in Action Despite Owner's Uncertain Legal Fate
28.1.2020
Montana-based crypto mine CryptoWatt is running once again after significant downtime associated with its previous owner, an alleged fraudster
E Pluribus Unum: Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One
27.1.2020
Four class-action cases against Bitfinex for BTC market manipulation in 2017 are now one, according to overseeing judge
Governments and Enterprises Can’t Get Enough of Blockchain
27.1.2020
Governments have long been wary of Bitcoin, while expressing admiration for its innovative ledger system. This trend can be traced back till 2014, when the “blockchain not bitcoin” mantra was coined. Six years on and that sentiment is being backed by action as governments and businesses...
Panic Withdrawals at Indian Bank Over Alarming KYC Notice
24.1.2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....