A bittersweet moment as Coinbase is cleared of fraud by a San Francisco Judge but slammed exchange’s ‘incompetence’ over its controversial launch of Bitcoin Cash in 2017.
The latest reports reveal that just 318 Tether whales control over 80% of its circulating supply with each of them holding at least $1 million worth of USDT tokens making the market vulnerable to manipulation.
Lyft (LYFT) stock climbed 13% after hours but gave up early gains after the company announced share lock-ups would expire on August 19, 2019, rather than a previously scheduled date in September.
The petition to stop Ripple’s XRP dumping has been started by trader Crypto Bitlord, and it recommends that Ripple no longer release its supply of XRP onto the crypto market, suggesting this will lead to a pump, “like the good ol days.”
Amazon (AMZN) is on the hunt for a software development engineer to develop an Amazon advertising blockchain. They posted a job offer seeking for a development engineer for their advertisement blockchain.
Having listed a tokenized security for trading, Seychelles-based stock exchange MERJ has become the world’s first exchange to do it.
The government of Seoul has announced concrete plans for its blockchain-based Smart City scheduled to be completed by 2022. Seoul will use its own cryptocurrency as part of a citizens reward system.
The Eureka Network, a blockchain project built on Bitcoin’s UTXO model, introduces its EurekaX exchange, claiming to solve the problem of liquidity and offering special bonuses for early sign ups.
Binance introduced 8th IEO on its Launchpad platform. Dubbed Perlin, the project is a scalable smart contracts platform, which aims to transform and accelerate the $11 trillion global trade market into a completely digital, autonomous industry.
Changpeng Zhao, the Binance CEO, believes Facebook’s Libra will easily achieve mass adoption whether or not people hate it. He also said that Binance would soon make a special focus on the European market.
The KYC (Know Your Customer) data of thousands of Binance users have been reportedly hacked and the IDs are being posted in a Telegram chat group. CZ described rumors circulating as an attempt to spread “FUD”.
BlockFi, a service that allows its users borrow fiat using crypto deposits, has just bagged $18.3 million in its Series A funding. The funds will reportedly be used to expand its products and employee base.
Online payments firm Klarna, which has attracted a growing following with its “buy now, pay later” service for shoppers, said it had raised $460 million in a funding round that makes it Europe’s most valuable fintech startup.
Kik kicked back at the SEC lawsuit that claims a $100 million ICO was illegal. The company behind Kik Messenger filed a response in U.S. District Court for the Southern District of New York, alleging that the SEC is “twisting” the facts about its token.
Disney missed Wall Street expectations in its Q3 earnings report. DIS stock fell 3.7% in after-hours trading. Disney blamed the earnings miss on the ongoing integration of Fox’s entertainment assets, which it acquired in a $71B deal closed in March.