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Coinbase facing class-action lawsuit amidst SEC investigation
Coinbase is faced with more legal battles as two law firms have filed a lawsuit against the company amidst an ongoing investigation by the SEC. The post Coinbase facing class-action lawsuit amidst SEC investigation appeared first on CryptoSlate. дальше »
2022-8-5 20:42 | |
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Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns
Michael Saylor has clarified that the company's strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitcoin-backed loan. дальше »
2022-6-15 16:30 | |
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Celsius reportedly seeks advice from lawyers on restructuring
Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing. дальше »
2022-6-16 13:42 | |
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XRP prices suppressed due to SEC lawsuit, strong fundamentals driving interest
Its been a hard year for Ripple, with the cryptocurrency and blockchain company facing legal action from the United States Securities and Exchange Commission along leading to many users and crypto comThe post XRP prices suppressed due to SEC lawsuit, strong fundamentals driving interest appeared first on AMBCrypto. дальше »
2021-11-21 02:30 | |
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Binance Teamed Up With US Law Enforcement, Took Down Suspected Money Launderers
The story Binance is trying to sell sure is juicy. A little too convenient, considering the year the company’s had, but hey… Binance is be facing criminal investigations in the US, the UK, and Japan among others. дальше »
2021-9-23 14:18 | |
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Commercial Paper Reserves Of Tether Under Heavy Regulatory Scrutiny
Tether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As a result, this week has been very hot for the company. дальше »
2021-7-31 07:00 | |
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Encrypted Messenger Company Signal Faces Scrutiny Over Mobilecoin Integration
Signal, the cross-platform encrypted messaging service is facing criticism this week, after the company Signal Messenger told the public it was integrating the cryptocurrency mobilecoin. Moreover, controversy surrounds the company’s founder and CEO Matthew Rosenfeld, known as ‘Moxie Marlinspike’ over his previous ties with the Mobilecoin project. дальше »
2021-4-12 08:00 | |
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Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U. S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1. дальше »
2021-3-7 06:45 | |
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Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. дальше »
2021-3-7 07:15 | |
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Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase
Tesla is facing more scrutiny over its $1. 5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. дальше »
2021-2-18 05:31 | |
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IBM Blockchain Unit Reportedly Carrying out Reorganization Amid Challenges
Global tech firm IBM has reportedly laid off most of its employees in its blockchain sector, as the company is experiencing challenges with its revenue. Blockchain Arm Reportedly Facing Employee Exodus According to different sources familiar with the matter, IBM is reportedly carrying out a reorganisation, which has seen the company slashing its blockchain workforce.Read More дальше »
2021-2-3 16:00 | |
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RippleNET Completed Over $2.4B Worth of Transactions In 2020: CEO Brad Garlinghouse
RippleNET is vastly growing globally, although the court battles its parent company, Ripple Inc. , is facing from the U. S Securities and Exchanges Commission (SEC), a blog post from Ripple Inc. ’s CEO, Brad Garlinghouse reads. дальше »
2021-1-26 19:56 | |
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Just Like Ripple’s XRP; Biden’s SEC Chair Nominee Gary Gensler to go after More “Unregistered Securities”
While Ripple grapples with the SEC lawsuit against the company and its executives, more cryptocurrencies may be facing the same fate soon. Gary Gensler, the nominee for SEC chairmanship under Biden’s administration says there may be more unregistered securities like XRP out there, hence the need for stricter regulation of the space. Gensler who is […] дальше »
2021-1-16 23:58 | |
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Ripple Unveils Plans To Expand Its Presence In Europe With New Hire Amid SEC Lawsuit
Ripple is looking for a new Managing Director for its European market. The company is doing this in spite of the ongoing challenges it is facing in the United States. The SEC filed a lawsuit against the company in December 2020 and so far there has been no judgment on the matter yet. Ripple CEO […] дальше »
2021-1-15 14:43 | |
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Over 4,000 Merchants Will No Longer Be Able To Utilize Ripple’s XRP For Payments
The European crypto payment processing company CoinGate says it will suspend the use of XRP for payments due to the ongoing legal struggle facing Ripple. The action will bar over 4,000 merchants from accessing the cryptocurrency as a means of payment starting from 15 January 2021. дальше »
2021-1-14 13:35 | |
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Ripple (XRP) price tumbles on SEC lawsuit expectations
Ripple (XRP) price is trading about 9% lower today after the company confirmed it expects to be a subject of a lawsuit by the Securities and Exchange Commission (SEC). Fundamental analysis: Ripple facing serious allegations Ripple is facing allegations that it broke investor-protection laws, according to the company’s officials. дальше »
2020-12-23 22:04 | |
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Atari to Launch a Token to Sell its New Gaming System, VCS; First Hardware in Over 20 Years
Legendary players, Atari is all set to launch its new hardware in more than two decades. But this time, it comes with a twist of crypto. By introducing a way for gamers to spend cryptocurrency in the play, Atari, once an incredibly popular gaming company that has fallen from grace, weathered bankruptcy, and now facing […] The post Atari to Launch a Token to Sell its New Gaming System, VCS; First Hardware in Over 20 Years first appeared on BitcoinExchangeGuide. дальше »
2020-10-16 17:13 | |
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Ripple (XRP) breaks support as the platform faces lawsuit in Australia
Ripple (XRP) price broke below key short-term support at $0. 27 as the sellers assumed control of the price action. In the meantime, the crypto giant is facing a lawsuit in Australia. Fundamental analysis: Legal troubles for Ripple A large Australian financial services company is pressing charges against the crypto company Ripple Labs on trademark infringement allegations. дальше »
2020-8-29 18:04 | |
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Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. дальше »
2020-8-10 22:30 | |
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2gether Struggles to Reimburse Funds From Recent Crypto Hack
European cryptocurrency trading platform 2gether announced that it was hacked, with $1. 4 million stolen from the firm’s funds. The Spanish cryptocurrency payment platform highlighted that the company is facing an “extremely difficult situation” and is struggling to reimburse stolen funds. дальше »
2020-8-5 19:55 | |
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Bitcoin Was Supposed To Hit $500k Today, As Predicted By John McAfee. What Went Wrong?
Founder of the McAfee computer security company and proof of stake privacy coin GHOST, John McAfee is today facing crypto community chagrin after his three year BTC prediction failed to materialize. Exactly three years ago today, McAfee went to his official twitter page to establish his Bitcoin price prediction. Asserting that BTC will be worth […] дальше »
2020-7-18 00:34 | |
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Crypto Data Firm, CoinMarketCap, Rolls Out ‘Confidence’ Indicator For Ranking Algorithm for Market Pairs
In an announcement released on Friday, May 29, 2020, CoinMarketCap announced new changes to its metrics and market pairing ranking systems in a bid to chaff out exchanges presenting fake volumes. The new system, however, is facing major criticism from the community who claim the changes favor its parent company, Binance exchange. Studies on cryptocurrency […] дальше »
2020-5-29 16:54 | |
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“Technology is the solution to the problems the energy sector is facing”: Michael Opitz, CEO of LCG Energy
Recently, a well-known company on the German and austrian energy markets announced the launch of their blockchain initiative with its ambitious plans to bring the sector to a whole new level. LCG Energy is a licensed utility provider, energy reseller and contractor with over a decade of experience, more than 50. дальше »
2020-4-5 00:00 | |
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Nobody’s a Winner in $33 Million LeBron James Lawsuit
LeBron James and his Uninterrupted company are facing a lawsuit from a non-profit over their use of the "More Than An Athlete" slogan. The post Nobody’s a Winner in $33 Million LeBron James Lawsuit appeared first on CCN.com дальше »
2020-2-21 00:57 | |
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Bitmain’s Top Miners Are Being Underproduced, Weak 2020 Sales Expected
The mining giant Bitmain is facing more difficulties, further squeezing the company towards a dangerous financial situation. Its Director of Sales recently said that production capacity for the S17 and T17 is “very limited. дальше »
2020-2-9 06:33 | |
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Charles Hoskinson says balance check was an overwhelming success
The long-awaited balance snapshot for Cardano’s Shelley incentivized testnet was an overwhelming success. Charles Hoskinson, the CEO of IOHK, said that the company managed to achieve a lot in a short period of time even though it was facing issues during the check. дальше »
2019-11-22 21:46 | |
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Charles Hoskinson says Cardano Shelley testnet balance check was an overwhelming success
The long-awaited balance snapshot for Cardano’s Shelley incentivized testnet was an overwhelming success. Charles Hoskinson, the CEO of IOHK, said that the company managed to achieve a lot in a short period of time even though it was facing issues during the check. дальше »
2019-11-23 21:46 | |
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Facebook Considering Stablecoin Alternatives to Ensure Libra Launch
Facebook is currently facing a race against time to ensure the survival and ultimate launch of Libra, its stablecoin project. While it is fair to say that the odds are stacked pretty high against the social media behemoth, new reports are suggesting that the company might be open to making a fundamental change to Libra. дальше »
2019-10-22 03:15 | |
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Bitfinex calls $1.4 trillion Tether lawsuit ‘meritless and mercenary’
iFinex, the parent company of crypto exchange Bitfinex and Tether, is facing a lawsuit accusing them of manipulating the market. Five traders claiming class members suffered $1. 4 trillion in damages filed the lawsuit, which Bitfinex called “meritless and mercenary. дальше »
2019-10-9 06:08 | |
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Block.One escapes with ‘slap on the wrist’ $24 million charge for EOS ICO; SEC going soft?
The SEC is losing its touch. On 30 September, the Securities and Exchange Commission [SEC] issued a notice announcing that Block. One, the company behind the seventh largest cryptocurrency in the market, EOS, and facing a multi-million dollar charge, had “settled” a charge with the the SEC for operating an “unregistered initial coin offering. дальше »
2019-10-1 16:30 | |
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LedgerX Accuses US CFTC For Foul Play and Claims Unreasonable Delay by Former Chairman
Crypto startups should have gotten used to regulatory drama. LedgerX is the latest one to be facing trouble. The company is accusing former CFTC Chairman J. Christopher Giancarlo was biased against them. дальше »
2019-9-29 19:06 | |
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As Broader Market Surges, XRP Investor Mulls Forking Protocol to Prevent Escrow Dumps
With Ripple facing a lawsuit from aggrieved investors, a few minnows in the community are considering forking the protocol to stop the company from mass dumping tokens in the open market, as per Forbes, September 3, 2019. дальше »
2019-9-3 17:00 | |
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Can Elvis Save Netflix? Content Streamer Shows Signs of Desperation
By CCN Markets: Netflix is facing increasingly intense competition from multiple other streaming services. Whereas Netflix once seemed to be creating high-quality, intelligent, and groundbreaking content, many of its recent moves feel more like the company is grasping at straws. дальше »
2019-8-18 23:30 | |
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Bitcoin Mining Plant in Colorado Keeps Neighbors Awake at Night
The City of Colorado Springs is facing complaints about a mining plant who is struggling to comply with the city noise ordinance. This according to a report from Colorado Springs Independent, July 24, 2019. дальше »
2019-7-25 13:00 | |
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Nintendo is facing a class-action lawsuit over ‘Joy-Con drift’
As more and more reports of flaws in the Nintendo Switch’s Joy-Con controllers surface, a New England law firm is championing the players with a lawsuit against the company. If you haven’t experienced it, the fault occurs sometimes in Joy-Con that have been in use for a while. дальше »
2019-7-23 01:21 | |
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Ripple’s XRP Is Gradually Becoming The Go-To Option For Major Payments
In a tweet on July 5, 2019, Eric Dadoun, an early stage startup investor stated that Ripple’s XRP working under the hood to ensure users send and receive payments in their own currency. This he says has always been key to the company. дальше »
2019-7-7 14:56 | |
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Goldman Sachs’ Dire Tech Stocks Warning Contradicts Its Own Data
By CCN Markets: Goldman Sachs issued a dire warning about U. S. tech stocks last weekend. Their valuation premiums are at historic highs. Add the potential threat of U. S. regulatory interventions, and Goldman sees a bear market ahead for tech. дальше »
2019-6-21 17:09 | |
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Swede facing extradition to US over $11M Bitcoin investment scam
A Swedish citizen has been charged with securities, wire fraud, and money laundering in a scheme that saw him encourage victims to invest using cryptocurrencies such as Bitcoin In a complaint submitted on March 4, 2019, and unsealed yesterday, Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), were charged with engaging in a scheme that defrauded more than 3,500 victims of over $11 million. дальше »
2019-6-20 11:49 | |
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San Francisco Based Blockchain Startup Dispatch Labs On A Verge Of Shutdown
Even though the crypto bear market seems long gone for most investors, people who were building businesses around this space during that time are still facing the repercussions now. Dispatch Labs is one such company whose operational capital is running on fumes. дальше »
2019-6-16 23:55 | |
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Facebook Recruits Bank Lobbyist for Regulatory Assist with Crypto GlobalCoin
By CCN Markets: Facebook has just hired a senior UK bank lobbyist ahead of GlobalCoin launch to help the company cope with European regulations. According to the Financial Times, Facebook will employ Standard Chartered European Head of Corporate and Public Affairs Ed Bowles from September as its London-based director of public policy. дальше »
2019-6-14 15:14 | |
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