The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action. The Tezos (XTZ) class-action lawsuit from law firm Block & Leviton will likely conclude in a $25-million settlement on August 27. Tezos, like many initial coin offerings (ICO) from 2017, has come under […]
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Crypto has been left out of the advertising industry, but blockchain technology may be its ticket back in to innovate and change the space. Despite seeing substantial growth in popularity, topping Google search trends amid the recent halving, the coronavirus pandemic and mainstream coverage, the cryptocurrency industry has somewhat been left out of the advertising […]
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Sharing personal experience, insights and hopes about cryptocurrency investment strategies. Over the last few years, I gained over $12 million dollars investing in cryptocurrencies. I did not take a single profit until they maxed out at a hundredfold at the very peak of the market in December 2017. The timing was perfect, I nailed it. […]
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New York, New York runs the show this week as the site of a host of developments and setbacks for crypto. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The largest city in the United States and the world’s financial capital for […]
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A frenetic day of trading on Coinbase Pro saw unusual activity from what seems to be an early investor in Compound, which briefly hit $427. The rapid growth in the price of so-called decentralized finance (DeFi) tokens is raising fresh suspicions after one altcoin hit $427. In a curious sequence of events still unfolding on […]
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Waves founder Sasha Ivanov warns that decentralized finance’s surge might have negative consequences. Decentralized finance’s (DeFi) surging popularity might backfire and hurt the forward-looking sector, Waves cryptocurrency platform founder and CEO Sasha Ivanov told Cointelegraph in a recent interview. Ivanov compared DeFi to the 2017 ICO craze in a tweet earlier today, saying, “Please let’s […]
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Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption. Russia has long been home to a vibrant crypto retail market, yet the nation’s regulation of digital assets still lags behind. As a spate of stakeholders and disparate regulatory authorities struggles to figure […]
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Five signs are pointing to Bitcoin being in a bull market despite its inability to break through the multi-year resistance at $10,500. Bitcoin (BTC) price has been sideways for several weeks with now over a month since the halving. This is very much reminiscent of early 2017 when Bitcoin hit $1,180 for the second time, […]
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A French firm has claimed that its new crypto fundraising vehicle, the ‘Believers Reward Offering,’ or BRO, will supersede ICOs and save businesses from economic crisis. France-based crypto asset issuance platform Tozex claims to have created a new vehicle for crypto financing that can offer firms a way out of the tough economic times due […]
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A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000. Robert Farkas, the founder of a cryptocurrency firm Centra Tech that raised more than $25 million from its initial coin offering scam, pled guilty in a federal court in Manhattan on […]
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