SEC tries again for Debt Box suit dismissal with option to refile
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit.
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Celsius announces only transfers from accredited US-based investors will be able to earn rewards
Only “verified accredited investors” in the United States will be able to add coins to their Earn accounts starting on April 15 while users outside the country will be unaffected. 317 Total views 9 Total shares Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the…

Institutional crypto platform Wootrade raises $10M in investment round
Institutional trading platform Wootrade has raised $10 million in a private fundraising round that will be used to expand its team and launch leveraged trading products. Wootrade, a Taiwan-based liquidity provider platform and crypto asset exchange aimed at institutions, has concluded a $10 million private investment round led by Dragonfly Capital. Investors in the round include…

Bitcoin Won as Store of Value in Coronavirus Crisis — Hedge Fund CEO
Performance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. 255 Total views 11 Total shares Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests.In a Twitter discussion on May 1, Travis Kling,…

Decentralized AI is key for self-sovereignty — Onicai executives
Censorship, propaganda, privacy, and self-harm are just some of the concerns decentralization advocates have with centralized AI models.

Reasons Why US Government Won’t Ban Libra Cryptocurrency
Things are heating up for Libra: This week’s United States congressional hearings showed that many politicians are not convinced by the safety aspects of Facebook’s cryptocurrency project, as they grilled the social media giant on privacy- and trust-related issues. In response, Facebook keeps stressing Libra’s compliance with regulators and readiness to discuss possible frameworks.Meanwhile, a…

Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed
Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on Caroline Ellison. 223 Total views 3 Total shares Lawyers representing former FTX CEO Sam Bankman-Fried, also known as ‘“SBF,” have requested the court seal documents related to…

Is Bitcoin price going to crash again?
Bitcoin price is offsetting Mt. Gox fears with favorable macroeconomic factors, yet some analysts forecast a potential drop below $50,000 in the coming weeks.

DBS Bank joins Hedera blockchain’s governing council
The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology. 368 Total views 3 Total shares The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization.DBS Bank, a member…