Court tosses out short-sellers’ lawsuit targeting Overstock’s ‘digital dividend’

The lawsuit, accusing Overstock of market manipulation through its security token airdrop, has been turfed by a federal judge. A Utah federal judge has tossed out a lawsuit that accused Overstock ($OSTK) of market manipulation by distributing a ‘digital dividend’ of security tokens to shareholders and repeatedly revising retail earnings guidance upward to punish short-sellers. […]

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The Cardano Foundation’s new CEO says he will prioritize the platform’s longevity

The incoming CEO wants to convey to the corporate sector that Cardano will be around in 30 years. Cardano recently celebrated the third anniversary of its Mainnet launch. In the run up to this occasion, Cointelegraph had the opportunity to discuss the project’s future plans with the Cardano Foundation’s incoming CEO, Frederik Gregaard. Gregaard, who has not […]

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$30M MakerDAO ‘Black Thursday’ lawsuit sent to arbitration

A class-action lawsuit accusing MakerDAO of misrepresenting the risks associated with its DAI stablecoin has been stayed pending arbitration proceedings. A court has agreed with the Maker Ecosystem Growth Foundation that a class-action lawsuit over its ‘Black Thursday’ meltdown should enter into arbitration proceedings. The Maker Foundation filed this motion to compel arbitration in response […]

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Samsung’s new blockchain pilots are all about transparently tracking medicine

Blockchain continues to attract interest in the pharmaceutical industry. Samsung SDS will conduct a series of pilot projects in November to test blockchain-powered medicine distribution management. The goal of these tests is to guarantee transparency in the process of tracking pharmaceutical drugs. According to Yankup, the IT branch of Samsung Group announced the pilot programs, […]

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