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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eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain
The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. 187 Total views 3 Total shares eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles.According to a press…
Binance adds 11 tokens to PoR, claims $63B in reserves
The results have not been audited by any accounting firms. 476 Total views 7 Total shares Own this piece of history Collect this article as an NFTAccording to an announcement on Mar. 7, cryptocurrency exchange Binance has added an additional 11 tokens to its proof-of-reserves (PoR) report. These include MASK, ENJ, WRX, GRT, CHR, CRV,…
Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. 404 Total views 8 Total shares The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs that performs in parallel with Bitcoin (BTC). ProFunds provides…
Blockstream Publishes Schnorr-Based Test Code for Bitcoin Blockchain Upgrade
The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm Blockstream, according to an announcement published on Feb. 18.Last January, four Bitcoin developers released a paper outlining how Schnorr multi-signatures (‘multisig’) could help scale the Bitcoin blockchain, saying that the technology…
FedEx Blockchain Strategist Sees Teamwork as Key to Developing Blockchain Business Models
A senior executive from American delivery services company FedEx is unconvinced about the benefits of blockchain technology in its present form, Memphis-based local news outlet Commercial Appeal reported on May 20.In a new interview, the firm’s dedicated blockchain strategist, Dale Chrystie, said FedEx remains pragmatic about blockchain despite its previous efforts to integrate it.As it…
Ethereum price moves toward new highs even as pro traders turn bearish
The price of Ether (ETH) fell by 19.6% on April 18, resulting in the quick liquidation of $1 billion in long futures contracts. Despite the size of this record liquidation and its impact on Ether's price, the futures open interest remained above $20.5 billion, which is 5% below the previous month.After the sell-off, there were…
With $10K Near, Is Bitcoin Price Ready for a Big Breakout Next Week?
The price of Bitcoin (BTC) held the crucial support level of $9,000, after which a rally to $9,600 occurred, as anticipated in last week’s technical analysis. Nevertheless, the overall market trend for BTC price has not broken out of its range since the halving in May.The support area is $8,800-9,000, while the resistance can be…
Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service
The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph today, April 5. The service is set up to send payments between Thailand and Myanmar.The system was reportedly presented by the startup, along with its partners, state-owned Krungthai…