Judge nods Robinhood’s $9M ‘refer-a-friend’ lawsuit settlement

U.S. citizen Joseph Kim of Phoenix, Arizona has been fined $1.1 million and sentenced to 15 months in jail for misappropriating Bitcoin (BTC) and Litecoin (LTC) from several people, the U.S. Commodity Futures Trading Commission (CFTC) reports Friday, Nov. 9.The CFTC found out that Kim defrauded his employer, a Chicago-based proprietary trading firm, transferring approximately…

Earlier in January 2020, Block.one released EOSIO 2.0 as an upgraded set of protocol improvements for the software underlying the $3.2 billion EOS blockchain. Following the release of the new version of EOSIO, some crypto exchanges like Coinbase have raised issues with the performance of the network, temporarily halting deposits and withdrawals.Meanwhile, the EOS community…

LedgerX, a regulated futures exchange in the U.S., has introduced physically-settled Bitcoin (BTC) futures contracts. This allows investors to receive physical delivery of BTC and some analysts believe this will amplify the impact on the price of BTC.XBT/USD daily chart. Source: TradingView.comHow physical delivery may impact Bitcoin price?When Bakkt first launched with the backing of…

The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

Australia's financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors. 240 Total views 5 Total shares The chief of Australia’s financial services regulator Joe Longo has raised the alarm over the sheer amount of people that invested in “unregulated, volatile”…

The Economic Suite, developed by Flipside Crypto and Prysm Group, is a new blockchain economic tool that will let projects view advanced economic data about their ecosystem. The partnership, whose results were announced on May 13, combined Flipside’s data analytics experience with Prysm’s economic expertise.The Economic Suite features a variety of charts that show key economic…

Starkware co-founder Eli Ben-Sasson told Cointelegraph that none of the things that people feared about the Merge happened, and everything happened as it should. 487 Total views 13 Total shares As the dust settled over the Ethereum network’s highly-anticipated transition to proof-of-stake (PoS), Eli Ben-Sasson, the co-founder of Starkware, gave his thoughts on its execution…

Major Philippines bank Union Bank is launching the country’s first two-way cryptocurrency ATM, local media outlet Philstar reported Feb. 6.The move will reportedly let customers buy and sell cryptocurrencies for cash via the ATM as part of the bank’s “sandbox” — a framework for conducting experiments in a controlled environment.The report did not specify which…

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. 70 Total views 3 Total shares Major Chinese cryptocurrency miner manufacturer Canaan appears to have no issues with the local ban on crypto, as the company’s overall performance has continued to grow…