DOJ pushes to break up Google’s search monopoly in antitrust case
The US Department of Justice aims to dismantle Google’s dominance in online searches, raising questions about the future of Big Tech and its influence.
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Chinese prosecutors to crack down on ‘pseudo-innovation’ in NFT market
According to public prosecutor, marketing models such as rewards and dynamic rights and interests can easily evolve into illegal pyramid schemes. 97 Total views 7 Total shares On May 15, the Supreme People’s Procuratorate of the People’s Republic of China, the national agency responsible for legal prosecution, shared its thoughts on the non-fungible token (NFT)…
US Investors in Tezos’ 2017 ICO May Be Eligible for $25M Settlement
With the class-action lawsuit against Tezos likely to soon end in a $25 million settlement, ICO participants are encouraged to submit claims by Oct. 16, 2020. 3227 Total views 45 Total shares Investors who participated in Tezos’ (XTZ) initial coin offering (ICO) between July 1, 2017, and July 13, 2017, have been notified that they…
Beating Bitcoin: Why some traders don’t care about USD prices
There are always two components to each altcoin’s price. One is the coin’s own characteristics: Fundamentals, investor sentiment toward the asset, liquidity and trading volume, among many others. Another powerful factor — the one that often renders any altcoin-specific dynamics irrelevant — is Bitcoin’s performance.Like it or not, when the king of cryptocurrencies soars, there…
Coronavirus Stimulus Is More Than Twice Crypto’s All-Time Market Cap High
The U.S. coronavirus stimulus package dwarfs cryptocurrency’s all-time market cap high by 240%. 213 Total views 2 Total shares The U.S government recently unleashed a $2 trillion stimulus package to help Americans offset the economic impact of COVID-19. That figure is more than double the amount of all the speculative capital locked up in the…
eToro going public: CEO Yoni Assia reveals key details behind the move
Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” —…
Brad Garlinghouse’s lawyers file request for Binance documents in ‘international’ challenge to SEC lawsuit
"The offers and sales that the SEC challenges did not occur in this country and are not subject to the law that the SEC has invoked in this case," said the legal team. 1544 Total views 7 Total shares The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission, or SEC, now involves…
Apple Intelligence rival secures $10M to develop open-source alternative
PIN AI, backed by a16z, develops a privacy-focused, open-source alternative to Apple’s AI, utilizing blockchain to empower users in monetizing their personal data.
Tether, Bitfinex Stay Afloat Amid Controversy
Tether has been one of the most controversial topics in the cryptocurrency community over the last two years — and things have come to a head over the past few weeks.The wider crypto community has been skeptical of the stablecoin and its claims that it was operating legitimately, due to concerns around its reserve policy.Stablecoins…