Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi was granted a motion with the Tokyo District Court to extend the deadline to July 1, 2020. The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30, […]
Continue ReadingIn their case against Craig Wright, the legal team for Kleiman has resorted to Twitter to serve Jimmy Nguyen a subpoena to appear at a deposition. After a court slammed Craig Wright for producing forged documents and giving perjured testimony in the ongoing legal circus between Wright and Ira Kleiman’s estate concerning the Tulip Trust, […]
Continue ReadingBitget, a Singapore-headquartered digital asset platform, has obtained a license from the U.S. Financial Crimes Enforcement Network. While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction. Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the United […]
Continue ReadingBinance Academy has established a blockchain research institute in China to foster DLT innovation. Binance Academy, the educational arm of leading crypto exchange Binance, announced the establishment of a blockchain research institute in Shanghai on March 30. The Lingang Blockchain Technology and Industry Research Institute is intended to operate as a think-tank and talent hub […]
Continue ReadingChina’s oldest exchange OKCoin has secured crypto licensing in Japan, makes OKCoin the first international exchange to obtain the license through an official channel. OKCoin, one of the oldest exchanges in China, is continuing its crypto exchange business expansion, announcing on March 30 that it has officially secured licensing in Japan. OKCoin has been anticipating […]
Continue ReadingBitcoin price fell by 10% after the latest drop in mining difficulty, suggesting selling pressure from miners is driving down BTC price. Bitcoin (BTC) currently sits at $6,370, a slight recovery from the March 27 pullback which saw the price drop nearly 9% in 4 hours. Despite showing some bullish signs, Bitcoin is still down […]
Continue ReadingLeading industry players like Ubisoft and MakerDAO will sponsor the Blockchain Gaming Alliance under a new president. The Blockchain Game Alliance (BGA) announced on March 30 the appointment of Sébastien Borget as President, while further adding that companies like Ubisoft, AMD, Animoca Brands, and MakerDAO have returned as sponsors for 2020. According to the announcement, […]
Continue ReadingSelf-styled Satoshi Nakamoto Craig Wright claims 2020 is the year the law comes for Bitcoin, which could spell trouble for Bitcoin miners and the Lightning Network. The man who claims to be Satoshi Nakamoto says 2020 is the year the law comes for Bitcoin. Writing on his personal blog, Craig Wright offered a view of […]
Continue ReadingRiot Blockchain has included COVID-19 in 18 pages of risk factors to the business listed in its annual Form 10-K report to the SEC. Nasdaq-listed cryptocurrency mining firm, Riot Blockchain, filed its Form 10-K annual report to the United States Securities and Exchange Commission (SEC), March 25. Among a long list of other potential risk […]
Continue ReadingMost cryptocurrencies have bounced off their immediate support levels, a positive as this shows demand at lower levels. BitMEX Research recently pointed out that the correlation between the S&P 500 and Bitcoin (BTC) has reached a new high, eclipsing the previous high recorded in March 2018. This shows that with all the money being printed […]
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