Court Sides With Crypto Exchange Despite Allegation It Violated China Ban

Jul 30, 2020 at 19:54 UTCSocial Media Companies Are ‘Too Big to Fail’Jenny Leung is a blockchain and fintech attorney at Blakemore Fallon PLLC dba Ketsal.  This year, 2020, is the year social media institutions became systemically important.  This term, “systemically important,” typically describes a financial institution whose failure poses a significant threat to the…

Oct 22, 2020 at 07:34 UTCUpdated Oct 22, 2020 at 07:37 UTC(Brian A Jackson/Shutterstock)Collider Labs has raised $1 million to be invested in early-stage blockchain and cryptocurrency startups.In an announcement Thursday, the venture builder said the raise had brought on board several notable limited partners including Efficient Frontier CTO Alon Elmaliah and Follow [the] Seed…

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The Department of Justice announced Tuesday that the $5.3 billion deal was off.Visa HQ(Shutterstock)Jan 12, 2021 at 10:13 p.m. UTCUpdated Jan 12, 2021 at 10:28 p.m. UTCVisa and Plaid Abandon Acquisition Plans Over DOJ Antitrust ConcernsVisa is calling off its $5.3 billion acquisition of Plaid, the fintech firm serving as a fiat bridge for a…

Apr 9, 2020 at 18:01 UTCUpdated Apr 9, 2020 at 19:22 UTCPhoto by Laurie Byrne on UpsplashBlockchain Bites: Canaan and Galaxy Digital Report Losses, Fold Joins Visa and Indian Exchange Volume SkyrocketsToday, Canaan and Galaxy Digital reported quarterly losses, Huobi announced a legally compliant way to reenter the U.S. market, and Binance denies stealing $1 million…

Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund misappropriation.The little-noticed case, Fishman v. Grebnev, was first filed with the commercial division of London’s High Court…

Feb 17, 2020 at 03:00 UTCUpdated Feb 17, 2020 at 03:05 UTCMicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market ShareBitcoin miner maker MicroBT has rapidly expanded market share by selling over half a million units in 2019, chipping away at rival…

news Digital money pioneer David Chaum is creating his second digital currency and we caught up with him at Devcon in Osaka, Japan. He created the first platform, Ecash, in 1983 and it was meant to be an electronic cash system, not unlike what bitcoin is today.  Now, Chaum is developing a new so-called “quantum-resistant”…

Artificial intelligence (AI) platform Ritual has raised $25 million, led by Archetype and with participation from Accomplice and Robot Ventures, to address the centralized nature of the AI revolution that has unfolded this year.Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which at present "lies in the hands of