ASX sued over prior statements about its now-abandoned blockchain project

DJ PLS&TY has launched 30 limited edition vinyls of his latest EP on an Ethereum-based art and culture platform. Tommy Leas, professionally known as DJ PLS&TY in the electronic dance music industry, has launched the vinyl record of his “Very Special” EP record on the Ethereum-based art and culture exchange platform, Foundation.Foundation allows artists to…

American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network using digitized cash. The company claimed…

New money transmitter licensing promises to roll 40 states into a single exam and license. An organization of state regulators in the U.S. has announced a new streamlined process for money transmitter licensing that will save crypto firms from getting separate licenses in 40 states.The Sept. 15 announcement from the Conference of State Bank Supervisors…

The number of Bitcoin (BTC) addresses containing more than 1,000 BTC ($8.3 million) is growing at the same pace in 2019 as before 2014, new data shows.Woo “super bullish” on wallet trendUploaded to social media by Bitcoin statistician Willy Woo on Oct. 11, a chart of Bitcoin address growth by balance shows the network is…

The issuers of the Australian token QOIN are set to face a $100 million lawsuit accusing them of pyramid selling and fraud. 1005 Total views 38 Total shares The issuer of a controversial cryptocurrency that can only be sold in batches of $125 daily on a single exchange is facing pushback from an Australian law…

TORN is near a historically strong support range, eyeing a 75% rebound by September 2022. 211 Total views 3 Total shares Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.The department accused Tornado Cash, a crypto mixer platform, of laundering more than…

The sharp decline in NFT sales and wallet activity has some people proclaiming the death of the nonfungible token space. 2497 Total views 2 Total shares The nonfungible token wing of the crypto space has declined even more rapidly than the broader market in the past month or so after sales of NFTs sank 90% since…

The settlement repeats the Treasury's message that crypto companies will need to know their customers. 926 Total views 6 Total shares The U.S. Treasury has settled with BitGo over charges that it facilitated users in sanctioned areas to transact using its crypto wallet services between 2015 and 2019.BitGo, an institutional crypto custodian service and wallet…

In late July of 2019, the New York State Assembly appointed six members to its Digital Currency Task Force, claiming to be the first state-drafted crew across the United States to deal with cryptocurrencies and blockchain. While it is unclear if the influx from Facebook's Libra has hastened the NY legislators to assemble the team,…