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Mt.-gox-deadline-extended-again-after-creditors-criticize-refund-proposal

Mt. Gox Deadline Extended Again After Creditors Criticize Refund Proposal

Mar 31, 2020 at 06:00 UTCMt Gox image via ShutterstockThe submission deadline for the Mt. Gox rehabilitation plan has been pushed back again after a draft proposed last week was met with opposition from numerous creditors.In the plan, proposed to Mt. Gox creditors at a March 25 meeting, rehabilitation trustee Nobuaki Kobayashi said he would,…
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Tokyo-district-court-extends-mt.-gox-rehabilitation-plan-deadline

Tokyo District Court Extends Mt. Gox Rehabilitation Plan Deadline

The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30, Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi filed a motion with the Tokyo District Court to extend the submission deadline of a rehabilitation plan. On…
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Kleiman-estate-calls-on-former-nchain-ceo-for-deposition-in-craig-wright-case

Kleiman Estate Calls on Former nChain CEO for Deposition in Craig Wright Case

After a court slammed Craig Wright for producing forged documents and giving perjured testimony in the ongoing legal circus between Wright and Ira Kleiman’s estate concerning the Tulip Trust, Kleiman’s legal team is hard at work finding a key witness. Wright’s legal team are trying to subpoena former nChain CEO Jimmy Nguyen to provide a deposition.…
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Binance-academy-launches-blockchain-accelerator-in-china

Binance Academy Launches Blockchain Accelerator in China

Binance Academy, the educational arm of leading crypto exchange Binance, announced the establishment of a blockchain research institute in Shanghai on March 30.The Lingang Blockchain Technology and Industry Research Institute is intended to operate as a think-tank and talent hub for distributed ledger technology (DLT) innovation in China.Binance to integrate blockchain with other innovative technologiesTo…
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Singapore-crypto-exchange-eyes-us-expansion-after-registering-with-fincen

Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN

While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction.Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the United States Financial Crimes Enforcement Network (FinCEN), the primary regulator for money service businesses in the country.MSB license is…
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Ubisoft-and-makerdao-to-sponsor-blockchain-gaming-alliance-under-new-leadership

Ubisoft and MakerDAO to Sponsor Blockchain Gaming Alliance Under New Leadership

The Blockchain Game Alliance (BGA) announced on March 30 the appointment of Sébastien Borget as President, while further adding that companies like Ubisoft, AMD, Animoca Brands, and MakerDAO have returned as sponsors for 2020.According to the announcement, the BGA — a coalition of 90 game and blockchain companies advocating for blockchain technology within the gaming…
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Capitulation?-btc-battered-by-biggest-mining-difficulty-drop-since-2011

Capitulation? BTC Battered by Biggest Mining Difficulty Drop Since 2011

Bitcoin (BTC) currently sits at $6,370, a slight recovery from the March 27 pullback which saw the price drop nearly 9% in 4 hours. Despite showing some bullish signs, Bitcoin is still down nearly 30% since last Friday.As previously reported by Cointelegraph, the crash may have been caused by the recent mining difficulty adjustment of…
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Waiting-for-bullish-command?-more-than-$1-billion-stablecoins-balance-waiting-on-exchanges

Waiting For Bullish Command? More Than $1 Billion Stablecoins Balance Waiting On Exchanges

Over $1 billion worth of stablecoins is currently stored on certain cryptocurrency exchanges. Such an extensive amount sitting on the sidelines begs the question if traders are simply waiting for a definitive bullish sign to reenter the market. Over $1B Worth Of USDT and USDC On Exchanges As Cryptopotato reported earlier this month, most stablecoins’…
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Bitcoin-follows-stock-markets-higher;-how-long-will-they-move-in-lockstep?

Bitcoin Follows Stock Markets Higher; How Long Will They Move in Lockstep?

Mar 30, 2020 at 20:33 UTCAfter the weekend slump, many cryptocurrencies made strong gains Monday, as did major stock indexes, while the coronavirus continues to wreak havoc on the global economy.Traders weren’t confident the green flashing across all markets would last, however.  Bitcoin (BTC) climbed 8 percent and ether (ETH) gained 6 percent. Other notable performers…
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