According to crypto analytics firm Messari, XRP was the worst performing large cap token in 2019 — and this year isn’t shaping up any better. Ripple’s native token XRP was the worst performing large cap token in 2019 — and 2020 isn’t looking much better so far. Crypto analytics firm Messari this week released data […]
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A new class action suit looks to refund investors for Ether liquidation on Maker on Black Thursday early in March. A new class-action lawsuit against DeFi giant the Maker Foundation alleges that the company misrepresented the risks investors in the ecosystem faced, leading to catastrophic losses of collateral on MakerDAO on March 12. The allegations […]
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Crypto advocate and eccentric John McAfee has announced that he is developing a new privacy coin. Famed computer programmer, eccentric and cryptocurrency advocate John McAfee has announced that he is working on a privacy coin called Ghost. On April 11, McAfee tweeted that Ghost will be underpinned by a Proof-of-Stake algorithm, and will be tradable […]
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Craig Wright has abandoned his $125,000 libel suit against Blockstream CEO Adam Back and paid $8,400 in legal fees. Crag Wright, the self-proclaimed Satoshi Nakamoto and chief scientist at NChain, has dropped a libel lawsuit against Adam Back over the Blockstream chief executive’s assertion that Wright was fraudulent in claiming to be the creator of […]
Continue ReadingBitcoin drops to a key level, Jack Dorsey pledges $1 billion to fight the coronavirus, and how blockchain is being used to fight fake news in the age of COVID-19. 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 […]
Continue ReadingThe lead plaintiff in a lawsuit against ATB Coin for its $20 million ICO will settle the case for just $250,000. In a continuation of ATBCoin’s class action lawsuit over its $20 million dollar Initial Coin Offering, or ICO, the lead plaintiff has filed to settle the case for 1.5% of the total raised. While […]
Continue ReadingHave users lost trust in BitMex since Black Thursday’s outage? Since Black Thursday, BitMex users have been withdrawing Bitcoins (BTC) from the exchange in droves. On March 13, BitMex held 306,814 Bitcoins (BTC), by April 9, this number had dropped to 222,025 — this represents a 38% decrease in Bitcoin holdings. Source: TokenAnalyst Although it […]
Continue ReadingCould 11 class-action lawsuits filed against major players from the crypto space do damage to the industry, or will they help it mature? Roche Cyrulnik Freedman LLP, working with Selendy & Gay PLLC, filed 11 class-action lawsuits on April 3 in the Southern District of New York against seven token issuers and four of the […]
Continue ReadingCheck out this week’s Bad Crypto News. Bitcoin is still floating comfortably around $7,000 after a week in which it’s risen more than ten percent. Over at Bitcoin.com, the news is not so good. Candor, a site that lists jobs lost to the coronavirus, has reported that Roger Ver is planning to lay off half […]
Continue ReadingCould past mistakes may be catching up with Binance? Binance is one of several large cryptocurrency firms named in a series of recent class action lawsuits. If the lawsuits go south for this global company, it could end up costing them billions of dollars. Class action is looking for new members Roche Cyrulnik Freedman has […]
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