Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court

Aug 31, 2020 at 19:00 UTCUpdated Aug 31, 2020 at 19:15 UTC(Nuthawut Somsuk/Getty Images)US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing Dot-Com Bubble HighThe booming stock market is driven by perception of the Federal Reserve’s commitment to high prices and growing individual trading, but how sustainable is it? For more episodes and free early access…

news MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia. The Japanese financial company said in an announcement on Monday it will be working with BitOfProperty (BOP), a Singapore-incorporated, Tallinn-operating enterprise that’s already selling fractional ownership of real estate in the EU member state. BOP…

Bitcoin (BTC) lost 0.7% while crypto majors showed mixed movements as low volatility seemed to return to the crypto markets, days after ETF optimism pushed prices higher.The largest cryptocurrency by market value traded at $27,400 on Wednesday, seemingly stabilizing around that level after losing support at $28,000 earlier this week. Ether (ETH) lost 1.3%, Solana’s

news The Web3 Foundation has closed on a private sale of tokens to fund the development of Polkadot, the ambitious blockchain interoperability project started by ethereum co-founder Gavin Wood. The Swiss nonprofit said Thursday that the 500,000 DOT tokens (5 percent of the total supply) were sold at the targeted valuation for the project of…

The South Korean government will make a decision in November on whether it will allow initial coin offerings (ICOs) again in the country, a top-level official has said. Hong Nam-ki, head of the office for government policy coordination, told lawmakers during the National Assembly's annual audit on government actions that regulators in the country have…

news Blockchain startups may be slowly recovering from the 2018 slump. Boston-based Nebulous, makers of the Sia network for decentralized data storage, recently closed a $3.5 million pre–Series A round led by Bain Capital Ventures, along with participants like Bessemer Venture Partners and Dragonfly Capital Partners. Salil Deshpande of Bain Capital told CoinDesk that distributed,…

The chaos at bridge-builder Multichain (MULTI) is stirring concern in the Fantom (FTM) ecosystem despite assurances from the Fantom Foundation.DeFi protocols are trying to insulate themselves from a potential bridge outage that could devalue or even strand wrapped assets – including USDC, ETH and many others – issued by Multichain.A handful of decentralized finance (DeFi)…

A16z and Ripple have now each plowed nearly $50 million into the industry's shared Fairshake PAC.The political action committee's has so far supported several crypto-friendly winners in congressional primaries, often flooding the local markets with significant advertising dollars. A $25 million donation from Andreessen Horowitz (a16z) hit the campaign coffers of the industry's U.S. political

news Blockchain technology looks to have found a home with Coke One North America (CONA), the IT firm behind Coca-Cola’s bottle manufacturing supply chain processes. A pilot project with software provider SAP, CONA is set to be expanded across 70 manufacturers that deliver the 160,000 bottles Coca-Cola shops daily after an initial run with two…