WeWork founder’s crypto startup refunds investors after no token launch: Report

Major cryptocurrency exchange Binance announced BTCB, a bitcoin (BTC)-pegged token on its native blockchain, Binance Chain, in a blog post on June 17.Per the announcement, the newly-released BEP2 token will be traded on Binance and will also be available on its decentralized counterpart Binance DEX. Furthermore, this asset is one of a series of cryptocurrency-pegged…

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A project with Satoshi Nakomoto’s namesake has been selected as the winner of the CFTC’s Project Streetlamp. 1400 Total views 11 Total shares A blockchain data platform has been selected the winner of the Commodity Futures Trading Commission’s first science competition, offering yet another compelling sign that distributed ledger technology has burst onto the mainstream.…

Managing director and quant strategist at Fundstrat Global Advisors Sam Doctor suggested in a Twitter post published on July 19 that Bakkt’s Bitcoin (BTC) futures contracts will launch this quarter.According to the post, which includes a summary of Fundstrat’s takeaways from the Bakkt Digital Asset Summit held on July 18, the firm’s futures will launch…

Moshe Hogeg, the Israeli entrepreneur behind blockchain firm Stox (STX), has denied misappropriating investors’ funds in a response to the lawsuit filed against him. Online newspaper The Times of Israel reported the development on Saturday, Feb. 9.As Cointelegraph wrote earlier in January, Chinese investor Zhewen Hu has sued Stox and its founder for $4.6 million.…

The MetaBirkin creator argued that his project was protected under the first amendment as artistic expression, however that defense ultimately fell short. 200 Total views 1 Total shares French luxury fashion house Hermès International has notched another win in its infringement case against artist Mason Rothschild, after a Manhattan judge ordered a permanent injunction on…

A Canadian judge has delayed a decision on legal representation for customers of major Canadian cryptocurrency exchange QuadrigaCX. The news was tweeted by Canadian Broadcasting Corporation reporter Jack Julian on. Feb. 14.On Thursday, Feb. 14, the Nova Scotia Supreme Court reportedly brought together over “a dozen” lawyers who represent 115,000 cryptocurrency traders owed around $260…

PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. 707 Total views 5 Total shares American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year.PayPal is looking to buy or partner with a broker-dealer to…

A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail. 249 Total views 3 Total shares A three-judge panel from the United States Court of Appeals for the Second Circuit has reportedly taken arguments from lawyers