American TON investors will be reportedly only eligible for an immediate 72% repayment instead of a 110% refund option in April 2021. Soon after missing the April 30 deadline to launch the Telegram Open Network (TON), Telegram sent another letter to its investors. In the new letter, Telegram reportedly said that American TON investors will […]
Continue ReadingUS Senator and former Bakkt CEO finally filed her financial disclosures after a four-month extension and an insider trading scandal, revealing that she is very rich indeed. Per her financial disclosures, filed the evening of May 1 after an extension in January, Loeffler’s assets are significant, as was her income as CEO of Bakkt. The […]
Continue ReadingOverstock’s blockchain arm tZERO aims to launch a broker dealer service in the United States by the second quarter of 2020. Overstock’s blockchain arm tZERO aims to launch its broker dealer service in the United States by Q2 2020. According to an April 30 Forbes article, tZERO Chief Executive Officer (CEO) Saum Noursalehi said he […]
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A judge has given preliminary approval for a $25 million settlement in the Tezos class-action lawsuit. A Californian judge has given preliminary approval for a $25 million settlement proposed by the Tezos Foundation to end a consolidated class-action lawsuit. The lawsuit dates back to shortly after Tezos’ $232 million initial coin offering (ICO) in July […]
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As Telegram delays TON launch, Mike Novogratz said that the crypto community doesn’t need either TON or Grams at all. As Telegram again delays the launch of its Telegram Open Network (TON) after missing their April 30 deadline, some key players in the crypto industry don’t want Telegram to launch the coin at all. Michael […]
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Blockstack PBC’s annual report with the SEC highlights payments made to other crypto firms for its marketing efforts. Blockstack PBC filed its annual report with the Securities and Exchange Commission, or SEC, as part of its regulatory obligations resulting from project’s the initial coin offering, or ICO. The SEC report was published on April 29. […]
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The Telegram Open Network’s operating system will reportedly be available on major app stores in the near future. Google Play market and Apple’s AppStore will reportedly soon feature the Telegram Open Network (TON) operating system (OS), an end-to-end open-source infrastructure that allows developers and users to work with the TON blockchain. The TON OS will […]
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In a recent panel, SEC Commissioner Hester Peirce AKA CryptoMom opened up about the prospect of a digital dollar as well as the end of her term, coming in June. A noted crypto defender at the United States Securities and Exchange Commission has spoken to the end of her term scheduled for June, as well […]
Continue ReadingThe SEC and Kik have opposed each other’s motions for summary judgment in the ongoing battle over Kik’s $100 million ICO in 2017. The U.S. Securities and Exchange Commission, or SEC, and Kik Interactive have both filed oppositions to each other’s motions for summary judgment on April 24. While Kik claims its offerings were exempt […]
Continue ReadingCheck the bad crypto news of the past week. It’s been a good week for Bitcoin. After languishing at around $6,700, the cryptocoin is up more than 6 percent over the last week to take it above $7,000. And the next halving is now less than three weeks away. Changpeng Zhao is looking further ahead. […]
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