Filed this morning, the second class action against block.one estimates that U.S. investors made up $200 million of the EOS ICO, in violation of securities law. Per a May 18 complaint, more investors are looking to recoup funds invested in the record-breaking initial coin offering for EOS — which netted a total of $4 billion […]
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Today is the deadline for Dutch crypto companies to register with the Dutch Bank per new AML rules. The deadline is here: On May 18, unregistered Dutch crypto firms could face penalties if they do not fall into line with the Netherlands’ new anti-money laundering (AML) laws, passed by the Dutch Upper House on April […]
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Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history. Alibaba co-founder Jack Ma is stepping down from the board of Japanese tech giant and major blockchain backer SoftBank. After 13 years of close involvement with SoftBank, China’s richest man leaves the board amid […]
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Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days. Several economies around the globe are lifting lockdown restrictions that have been in place for the past few weeks. This will enable businesses to gradually come back on track and […]
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The COVID-19 pandemic is making cash-based societies all over the world sink into oblivion with the help of decentralized technologies. Technology has always been one of the main drivers that has boosted social changes. Of course, there have been other reasons: wars, natural cataclysms and disasters, plague pandemics and more. Speaking of such, the current […]
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Crypto fans witnessed another episode of Billions featuring a plot focused on a Bitcoin mining operation. The world of cryptocurrencies figured prominently in the newest episode of the Showtime series Billions, which was broadcast on Sunday. The story revolved around a crypto mining scheme in a preparatory school. Notably, the episode was written by Ben Mezrich, […]
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Huobi Group rebranded its derivatives trading platform as Huobi Futures in a bid to attract more investors to cryptocurrency derivates trading. Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures. According to the announcement from spokesperson and head of Huobi global business Ciara Sun the new name of the exchange […]
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Ethereum is posting higher lows against its Bitcoin pair in recent weeks and this is a bullish sign for a possible breakout for ETH price. While the focus has been on Bitcoin (BTC) price recently, it is slowly shifting towards different projects. There’s a straightforward reason for that: the halving has passed by, so the […]
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BitMEX’s parent company is accepting applications for grant funding from developers contributing to open source technologies. Major Bitcoin (BTC) derivatives exchange BitMEX has started accepting grant applications from open source developers. The initiative follows $650,000 in developer grants that the exchange has issued to Bitcoin Core contributor Michael Ford and the Massachusetts Institute of Technology. […]
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XRP TipBot has avoided closure due to the Netherlands’ strict implementation of AMLD5 via a partnership with Uphold. XRP TipBot, a service enabling users to transfer XRP to each other via comments on Twitter, Reddit and Discord, has been saved from the threat of extinction at the hands of new regulations in the Netherlands. In […]
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