Judge Rules Against ICO Founder in Fraud Lawsuit
A federal judge ruled against Monkey Capital and Daniel Harrison after finding he defrauded victims in an initial coin offering.
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Bitcoin’s ‘Outside Day’ Sets Stage for $70K, Altcoins Break Out: Technical Analysis
Bitcoin's widening trading range and a move above the August high suggests more gains ahead. The six-month corrective trend in altcoins seems to have ended. Earlier this week, analysts at the Bitfinex crypto exchange said August's $65,200 high is the level to beat for bitcoin (BTC) bulls. The breakout happened Thursday and how. Bitcoin jumped
Binance Needs to Get Off Twitter
You’d think Binance has enough going on that it’d avoid problems of its own doing. Like mistakenly announcing on social media that euro transactions are no longer available. And yet, on Monday, the world’s largest cryptocurrency exchange caused a bit of chaos after just such a corporate communications flub.To clear everything up: no, Binance did…
ATOM, DASH and More: Coinbase Considers Adding 8 New Cryptos
news Coinbase has announced the possible addition of eight new tokens to its current collection. Per a blog posting from the exchange, Coinbase is exploring the addition of Algorand, Cosmos, Dash, Decred, Matic, Harmony, Ontology, and Waves. Currently, coins listed on its non-Pro interface include Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, USD Coin, XRP, Stellar,…
Overstock’s Medici Acquires Digital Tokens Representing Startup Equity Shares
news Overstock.com’s investment wing, Medici Ventures, has successfully purchased digital tokens representing 3.6 million shares from Chainstone Labs, a digital securities company. The shares represents Medicis’s 29.6 percent stake in the startup, worth $3.6 million. They mark Chainstone’s first step in venturing into the security token market, which itself is in the inception phase. Medici is…
Singapore’s Temasek to Exercise Caution in Crypto Space After FTX Nightmare
Singapore’s Temasek Holdings, one of its sovereign wealth funds, has pledged to take “collective accountability” for its failed $275 million investment in collapsed crypto exchange FTX.In a statement released Monday morning, the fund said there was “fraudulent conduct intentionally hidden from investors, including Temasek.”"Although there was no misconduct by the investment team in reaching their…
First Mover Americas: Coinbase Secures NFA Approval to Offer Crypto Futures
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Cryptocurrency exchange Coinbase (COIN) has won approval to list crypto futures in the U.S. nearly two years after first applying. The National Futures Association (NFA) granted permission for…
Binance Says it Helped India’s Enforcement Directorate Trace $47.6 million Related to a Gaming Scam
Binance says it has helped India's Enforcement Directorate to trace funds and arrest four people in a gaming scam. Victims were lured into online betting and gaming, promising easy earnings before trapping their funds. Binance, the world's largest cryptocurrency exchange by trading volumes, has helped India's Enforcement Directorate (ED), the authority investigating financial crimes, arrest
Ridesharing Giant Cabify to Track and Offset Carbon Emissions Using Blockchain Platform
Dec 3, 2020 at 9:58 a.m. UTCUpdated Dec 3, 2020 at 10:30 a.m. UTCRidesharing Giant Cabify to Track and Offset Carbon Emissions Using Blockchain PlatformOne of the world’s largest ridesharing companies, Cabify, is moving to offset its carbon emissions with the help of blockchain technology.Announced last week, the Latin American ridesharing business has tapped Valencia,…