Fantasy Football League to Raise $100 Million in Crypto ICO
A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football aimed to bring fans together.
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Crypto Long & Short: Dogecoin, Market Manipulation and the Downside of a Coinbase IPO
Jul 12, 2020 at 21:30 UTCCrypto Long & Short: Dogecoin, Market Manipulation and the Downside of a Coinbase IPOThis week saw a 125% rise in the price of dogecoin, a cryptocurrency based on a popular 2013 internet meme, created in the same year as both a parody and a “let’s see if this sticks” experiment.…

Poll: Most People Cringe About Crypto, But Enough Care to Warrant Politicians’ Attention
While one in five consider crypto a significant factor in their political thinking, only about 62% of those are supportive of digital assets, suggesting there may be animosity among the remainder of people who are most engaged on crypto issues. About 14% of those surveyed have crypto, and another 7% are interested in investing. As

Plaintiffs Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether
Jan 17, 2020 at 22:05 UTCUpdated Jan 17, 2020 at 22:38 UTCPlaintiffs in three separate putative class action lawsuits against Bitfinex and Tether have moved to consolidate their cases, according to a Thursday court filing.Court filings by David Leibowitz et al, Eric Young et al, and Bryan Faubus et al, accuse the sister companies of…

Privacy Concerns Dominate CBDC Discussion at Consensus 2023
The dangers of government abuse threaten to outweigh the potential economic benefits of central bank digital currencies (CBDCs), according to the consensus of stakeholders considering the matter at Consensus 2023.Governments can’t be trusted to build public digital money without using it to conduct surveillance on their citizens, many participants said in roundtable discussions held during…

Terra Classic Revival Plans Continue as 6 Engineers Aim to Revive LUNC Ecosystem
Six engineers calling themselves the “Six Samurai” are proposing a Terra Classic ecosystem revival plan for the blockchain as some community members try their best to break away from the shackles of disgraced founder Do Kwon and rebuild the project.Terra Classic is the original network created by Terraform Labs. It has continued as an independent…

Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court
A Montenegro appeals court has rejected a bid from Terraform Labs founder Do Kwon to reverse a ruling approving his extradition to South Korea, an official notice from Wednesday shows.Earlier this month, a high court in the Balkan nation ruled that Kwon can be extradited to South Korea to face criminal charges concerning the collapse

Bitcoin, Gold Spike as Fed Reserve Unveils Unlimited Coronavirus Stimulus Package
Mar 23, 2020 at 13:40 UTCFederal Reserve. Credit: ShutterstockBitcoin's price shot up along with gold and stock futures after the U.S. Federal Reserve announced a quantitative easing package with no upper limit to support the economy amid the coronavirus crisis. Immediately after the 12:00 UTC announcement, bitcoin jumped from $5,860 to $6,628 in an hour,…

Binance US Plans to Begin Onboarding Customers Next Week
news The largest crypto exchange by volume is making its U.S. debut next week. Binance.US said today that the platform will open registration and deposits on September 18. According to a company blog posting, the launch will initiate a rollout of multiple Binance products across the U.S. After registration, six cryptocurrencies will be available for…