Mt Gox trustee drafts rehabilitation plan that would see claims in fiat currency, BTC, and BCH processed in their requested form. The trustee for the defunct Mt. Gox cryptocurrency exchange has drafted a rehabilitation plan for creditors. The plan will see claims for fiat currencies, Bitcoin (BTC), and Bitcoin Cash (BCH) honored in their requested […]
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Mt. Gox court cases see no end as creditors continue to wait for their funds, but could another event like Mt. Gox take place given the current market volatility? Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a […]
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Trading app Robinhood is trying to win back the trust of users affected by catastrophic technical outages earlier in March. Crypto and trading app Robinhood has begun taking action to reconcile with users affected by technical problems that sidelined them during the biggest one-day point gain in the history of the Dow Jones Industrial Average. […]
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The industry’s first angel network for digital currency startups, BitAngels, is launching a series of virtual events to keep investors connected during the global coronavirus pandemic. The industry’s first angel network for digital currency startups, BitAngels, is launching a series of virtual pitch events to keep investors connected during the global coronavirus pandemic. On March […]
Continue ReadingMost top performers of the past week show buying at strong support levels. If the rebound picks up strength, it might signal that a bottom is in place. The world is in a state of panic due to the coronavirus pandemic. People are fighting over toilet paper, which shows the extent of nervousness. At such […]
Continue ReadingThe Tezos Foundation moves to settle the $25 million consolidated class-action it has been fighting since 2018. The Tezos Foundation moved to settle its $25M consolidated class-action lawsuit on March 20, following more than two years of fighting in court. In a post on its website, the foundation claims to have chosen to settle due […]
Continue ReadingSEC seeks an early victory in lawsuit against Canadian messenger firm Kik for $100 million ICO in 2017. The United States Securities and Exchange Commission (SEC) has requested an early summary judgment in its lawsuit against Kik over the messaging company’s $100 million KIN initial coin offering (ICO) during 2017. The SEC first brought its […]
Continue ReadingBrave’s use of various novel privacy and security features has helped the browser’s reputation grow quite substantially over the past couple of years. On March 16, Brave, a privacy-oriented web browser, filed a formal complaint against Google with the Irish General Data Protection Regulation enforcer — since the multinational tech conglomerate’s European headquarters are located […]
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Mark Kapeles attacked the sole remaining plaintiff in what once was a class action lawsuit for changing the factual basis for his claim against the exchange. Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox, accuses plaintiff Gregory Greene of altering the factual basis of his claims against Karplese mid-case, according to his […]
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Chinese mining giant Canaan has to deal with some extra difficulties over its IPO amid bearish markets. While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties. Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is […]
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