Tezos ICO Class Action Looms After Motion to Dismiss Denied

news Token, a San Francisco and London-based open banking platform, raised $16.5m in funding from prominent tech funds including Opera Tech Ventures, the venture arm of BNP Paribas, Octopus Ventures, and EQT Ventures, according to an announcement Tuesday. This strategic round of funding comes on the heels of the company’s partnership with Mastercard. Token is…

May 25, 2020 at 09:34 UTCUpdated May 25, 2020 at 09:41 UTCBinance CEO Changpeng Zhao (Credit: CoinDesk)Binance is forced to “technically” support last week’s hard fork of the Steem blockchain, according to the crypto exchange’s CEO, Changpeng “CZ” Zhao. In a statement on the company’s official blog Sunday, CZ said that, while the exchange is…

May 12, 2020 at 17:03 UTCUpdated May 12, 2020 at 17:29 UTCTelegram CEO Pavel Durov (Credit: TechCrunch/Wikimedia Commons)TON is officially dead.Telegram founder Pavel Durov wrote in his public channel Tuesday that the Telegram Open Network (TON) project would be discontinued due to the company's ongoing legal fight with the U.S. Securities and Exchange Commission (SEC).…

Jan 6, 2020 at 11:12 UTCUpdated Jan 6, 2020 at 11:22 UTCViewBitcoin may be drawing haven demand on US-Iran tensions, according to prominent analysts, and could soon confirm an inverse head-and-shoulders breakout on the daily chart with a UTC close above $7,580. A daily chart indicator is reporting the strongest bullish bias in two months.…

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 . Latest Prices (CoinDesk) Top Stories Ether was little changed after the SEC's approval for ETH ETFs in the U.S. on Monday . The second-largest cryptocurrency

Ether is trading at a 27% discount to its fair value, according to research firm RxR's blended Metcalfe law-centric valuation model, which incorporates active user adoption of layer 2 scaling networks.Traditional models that focus exclusively on the active user adoption of the Ethereum layer 1 might be misleading.Ether (ETH), the native token of the Ethereum

‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value“YAMs = Ponzinomics of AMPL + Chad launch of YFI + Meme math of Tendies,” Messari analyst Ryan Watkins tweeted about the latest decentralized financial application to set crypto atwitter.  It’s the type of back of the napkin logic that looks like gibberish on…

news Financial services giant Fidelity Investments is said to be launching cryptocurrency trading service soon. A Bloomberg report on Monday, citing “a person familiar with the matter,” said that Fidelity will roll out the service for trading bitcoin “within a few weeks” and will focus on institutional, not retail, customers. Fidelity spokeswoman Arlene Roberts told…

May 5, 2020 at 14:35 UTCUpdated May 5, 2020 at 15:05 UTCTether growth is hitting new all-time highs across multiple blockchains, but the first protocol to support Tether is being left behind. Omni Layer, built on Bitcoin, has suffered negative growth in Tether transactions for the last 12 consecutive months. Tether supply on Omni Layer has also…