Blockchain Startup Stox and Founder Sued for $4.6 Million Over Alleged Fraud

A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain-based prediction market platform for $4.6 million over alleged fraud. A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain firm Stox (STX) over alleged fraud, English-language newspaper The Times of Israel reports Jan. 25. The investor, Zhewen Hu, is […]

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Overstock’s tZERO Security Token Platform Begins Live Trading

Retail giant Overstock.com’s crypto subsidiary tZERO announced that secondary trading of tZERO tokens is now live. E-commerce giant Overstock.com’s cryptocurrency subsidiary tZERO announced that secondary trading of tZERO tokens is now live, according to a press release published Jan. 24. Per the release, accredited investors can trade the security tokens through a digital securities brokerage […]

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UK Standards Institution Partners With Blockchain Startup for Supply Chain Compliance

The BSI is the latest organization to leverage blockchain tech to help improve supply chains globally. The United Kingdom’s national standards body, the British Standards Institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported in a Jan. 24 press release. BSI, which has operated since 1901 and […]

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Swiss ‘Smart Card’ Crypto Wallet Tangem Gets $15 Million From Japan’s SBI Group

Crypto hardware wallet developer Tangem says newly raised funds will go towards increasing penetration in industries such as transport and loyalty. Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21. Tangem, which began issuing its first […]

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Hodler’s Digest, Jan. 14–20: Top Stories, Price Movements, Quotes and FUD of the Week

Bakkt has announced their first acquisition, and a New Zealand crypto exchange has been hacked. Top Stories This Week Ethereum’s Constantinople Hard Fork Delayed Until February After Vulnerability Found Ethereum’s (ETH) Constantinople hard fork has been delayed until late February after smart contract audit firm ChainSecurity found a security vulnerability allowing a reentrancy attack. The […]

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OECD Calls for ‘Delicate Balance’ in Global ICO Regulation

The Organisation for Economic Cooperation and Development stated that regulators should facilitate the development of ICOs. The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15. The document calls for regulatory clarity and […]

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