A U.S. District judge has dismissed the summary judgment request of the former Mt Gox CEO in a lawsuit from 2014 accusing Mark Karpeles of fraudulent misrepresentation. A judge has ruled the former chief executive of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, must face a lawsuit alleging fraud filed back in 2014. On June […]
Continue Reading
Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin payments for its service. Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin (BTC) payments for its service. In an announcement shared with Cointelegraph on June 17, Ryde claims to be the […]
Continue Reading
The San Francisco-based Bitcoin financial services firm announced it had raised $5.7M in a seed funding round led by Polychain Capital. San Francisco-based Bitcoin financial services company River Financial announced it had raised $5.7 million in a new seed funding round. In an update posted to the company website on June 17, River Financial stated […]
Continue Reading
The video conference app will launch its end-to-end encryption in July 2020 in a beta stage for both free and paid users. On June 17, the popular video conference app, Zoom, officially announced that end-to-end encryption, or E2EE, has finally arrived for their software. It will be provided to both free and paid users, so […]
Continue Reading
Bitcoin price is pinned below $10K but on-chain data and market correlations show investors remain bullish. Since recovering from this week’s drop to $8,900, Bitcoin (BTC) price has struggled to gain above $9,600 and this level needs to flip from resistance to support before further upside can occur. The largest digital-asset on CoinMarketCap has been […]
Continue Reading
Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially. Known for his social media-involved leadership of crypto exchange giant Binance, CEO Changpeng Zhao, or CZ, said he disabled Twitter comments on his posts to weed out the scammers. “To better respond and engage,” CZ told Cointelegraph he partially […]
Continue Reading
Baby boomers are responsible for the 77% of volume growth for a San Franciscan Bitcoin broker. The demand from baby boomers is generating most of the growth for San Franciscan Bitcoin (BTC) broker, River Financial. Paul Tudor Jones effect Most surveys conclude that younger generations are more reciprocal to Bitcoin, making this data seem counterintuitive. […]
Continue Reading
Civic Technologies’s new app will act as both a vaccination proofing tool and a wallet for crypto. Civic Technologies, a San Francisco-based innovator in digital identity solutions, announced on June 16 that its Civic Wallet is now available in the App Store and Google Play. Civic Wallet has also formed a partnership with Circle Medical, […]
Continue Reading
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress. In a hearing on June 17 before the House Committee on Financial Services, Chairman of the Federal Reserve Jerome Powell got into an exchange with Representative Tom Emmer (R-MN) over the subject of a central bank digital […]
Continue Reading
Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC. Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, believes that the supremacy of the U.S. dollar is likely to be challenged and the greenback could decline by as […]
Continue Reading