The Blockchain Association has asked the court, which is considering Kik’s case, to deny the SEC’s motion for summary judgment. The United States-based Blockchain Association has filed an amicus curiae brief in support of Canadian messenger Kik amid the firm’s legal battle with the Securities and Exchange Commission. The association addressed the April 17 brief […]
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In a judgment against assets exchange Blockvest and founder Ringgold, a California judge rules in favor of SEC’s terminating sanctions. A federal judge for the Southern District of California has argued in a recent court filing that blockchain-based assets exchange Blockvest and founder Reginald Buddy Ringgold III should lose their defense in a Securities and […]
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Robinhood reportedly saw record revenue growth amid the coronavirus pandemic, anonymous sources reveal. Popular stock and cryptocurrency trading app had a lot of problems in March, and is reportedly trying to make up for it with help from a new injection of cash. According to Bloomberg, Robinhood is in the process of raising $250 million […]
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From dwindling numbers of Twitter users in Q1 to large-scale liquidations in 2019, reduced engagement has affected the price of XRP. According to a quarterly report, online engagement towards XRP on Twitter fell in Q1 2020, while Ripple was forced to liquidate many of its holdings to stay cash flow positive. The report, by social […]
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Bitcoin shows signs it is vulnerable to a severe correction, Libra embarks on a massive U-turn to woo regulators, and Maker slapped with a $28-million lawsuit. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, […]
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Gatehub and Bitstamp are facing lawsuits from a Canadian investor over $4.9 million in alleged losses resulting from misleading info. Canadian cryptocurrency investor, Salim Satir, has filed a lawsuit against cryptocurrency exchanges, Gatehub and Bitstamp, with the High Court of Justice of England and Wales over $4.9 in purported losses. The plaintiff claims that the […]
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Some attorneys say the Kleiman v. Wright court case may set legal precedents that could impact the future of Bitcoin. Another episode of the Kleiman v. Wright saga concluded Monday with District Court Judge Beth Bloom ordering Craig Wright to turn over the 11,000-plus documents that Wright had declared “privileged.” Riveting the crypto world for […]
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An Ethereum domain name is being used as sole loan collateral for the first time, as Rocket LP DAO turns the “brantly.eth” domain into and NFT. Rocket LP DAO, a 4-month-old loan provider that uses non-fungible tokens (NFTs) as collateral, issued a $1,000 loan this week, backed by only one Ethereum domain name — brantly.eth. […]
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A Florida resident has been charged by the CFTC for raising $1.6 million through a fraudulent cryptocurrency and forex trading scam. The United States Commodity Futures Trade Commission (CFTC) has filed a complaint against Florida resident Alan Friedland for fraudulently raising $1.6 million through a cryptocurrency tied to a forex trading scheme. The April 16 […]
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While the current location of the crypto exchange is unclear, Singapore takes steps to prevent the company from moving its domain to another jurisdiction. KuCoin.com, the primary web domain of cryptocurrency exchange KuCoin, has been locked since the end of March by order of the High Court of Singapore. The court issued a temporary injunction […]
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