An Overstock shareholder believes that the company’s directors facilitated the former-CEO Patrick Byrne’s dumping of $90 million worth of stock last September. Online retailer Overstock is facing a lawsuit from shareholder John Murphy over former CEO Patrick Byrne’s abrupt departure from the company and off-loading of $90 million worth of shares. According to Law360 on […]
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One of the world’s oldest crypto exchanges, OKCoin, now allows users in Singapore and Brunei to trade the Singapore dollar against Bitcoin and Ether. OKCoin, one of the world’s oldest cryptocurrency exchanges, is continuing to expand its fiat-to-crypto onramps by adding support of the Singapore dollar (SGD). Starting March 12, OKCoin users can deposit and […]
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MakerDAO, the organization behind the Dai stablecoin, is making a bid for Dai to serve as a “real parameter” of dollar-pegged value for video game economies. MakerDAO, the organization behind the Dai (DAI) stablecoin, is making a bid for Dai to serve as a “real parameter” of dollar-pegged value for video game economies. As blockchain […]
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America’s largest bank, JPMorgan Chase, has settled a $1 million class-action lawsuit over unannounced changes to its credit cards’ fee schedule for crypto purchases. The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The […]
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Bitcoin sees heavy losses on all short-term timeframes as a giant sell-off captivates markets on Thursday. Bitcoin (BTC) made further dramatic losses on March 12, falling below $6,000 for the first time since May 2019. Cryptocurrency market daily overview. Source: Coin360 Data from Coin360 and Cointelegraph Markets summarized the grim day for Bitcoin traders as […]
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The Australian tax authorities explain the approach behind their campaign to contact up to 350,000 crypto investors with reminder letters. This week, the Australian authorities launched a major campaign to prompt as many as 350,000 crypto investors to comply with their tax obligations. In an interview with Cointelegraph on March 12, a spokesperson for the […]
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U.S.-based cryptocurrency exchange Kraken is embracing traditional forex trading, going live with nine new fiat currency pairs as of today. United States-based cryptocurrency exchange Kraken is embracing traditional forex trading, going live with nine new fiat currency pairs as of today, March 12. From 14.30 UTC, users worldwide — notably excluding United States residents — […]
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Bitcoin stock traders panic as the U.S. president suspends flights to Europe, hinting at wide-ranging disruption continuing over coronavirus. Bitcoin (BTC) fell to around its lowest levels this year on March 12 as another wave of coronavirus panic gripped both cryptocurrency and traditional markets. Cryptocurrency market daily overview. Source: Coin360 BTC price sheds another 7% […]
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The alleged mastermind behind anonymous Russian black market Deer.io has been arrested by the FBI at John F. Kennedy Airport in New York. Kirill Victorovich Firsov, the alleged owner of Russian-based anonymous marketplace Deer.io, was arrested on March 7 by Federal Bureau of Investigation (FBI) officials at John F. Kennedy Airport in New York. Court […]
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Reacting to the growing epidemic, CME will suspend trading in Chicago from Friday. Other crypto- related firms are taking precautions too. With the coronavirus outbreak officially reaching epidemic proportions, crypto-related companies and organizations are having to change the way they do business. According to a CNBC report on Wednesday, Chicago Mercantile Exchange (CME) Group — […]
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