Block.one Settles its Class Action Lawsuit for $27.5 Million.

Block. one has made a $27. 5 million settlement to resolve the class-action lawsuit launched by the Crypto Assets Opportunity Fund. The lawsuit was related to the company’s token sale that took place between June 2017 and June 2018, in which it raised the biggest ever initial coin offering (ICO) funding of $4 billion and various subsequent […] The post Block. origin »

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Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin.

The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon. Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the easiest and least disruptive things “we can do” to fight the Climate Crisis is to crack down on “environmentally wasteful” decentralized cryptocurrencies like Bitcoin. She says cryptocurrencies […] origin »

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South Africa Working Group Releases New Position Paper Calling for Regulation of Crypto Asset Providers.

South Africa’s Intergovernmental Fintech Working Group (IFWG) has a released new position paper that calls for the regulation of the country’s cryptocurrency ecosystem. In the document, the IFWG, which is a creation of the South Africa Reserve Bank (SARB), recommends “a staged approach to bring crypto-assets within the regulatory remit through the regulation of crypto […] origin »

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MahaDAO Picks Ethereum Layer 2 Polygon for Its Valuecoin ARTH.

Indian blockchain infrastructure protocol MahaDAO is the latest to launch on a Layer 2 network, announcing its deployment on Polygon (formerly known as Matic). MahaDAO’s ARTH algorithmic stablecoin will go live on the Polygon network, a framework for building and connecting ethereum-compatible blockchain networks, on June 22. origin »

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Here’s How Hoard Is Trying to Revolutionize NFT Industry.

Non-fungible tokens (NFTs) are becoming a staple in the post-pandemic world, and people need markets to safely trade and buy these precious items. One of the most popular sectors in the “new normal” type of the world – gaming – is a multibillionaire one, and the publishers make strict rules on what users can do. Read More origin »

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XRP Lawsuit: On Ex-SEC Chair Jay Clayton’s Sudden U-Turn After Suing Ripple.

Ripple’s Boss, Brad Garlinghouse, on Monday, left a few remarks via his Twitter handle on a Wall Street Journal’s post co-written by former US-SEC, chairperson, Jay Clayton. The post which was co-written by Brent MacIntosh, the former Undersecretary of the US Treasuries for International Affairs, sought to preach the all-to-familiar stance of most crypto companies: […] origin »

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Thailand: SEC to Ban Trading of NFTs, Meme Coins, Fan Tokens.

The Thai financial regulator is having none of the meme coins, NFTs, fan tokens, and exchange tokens. Thai SEC Prohibits Trading of Meme Tokens In an announcement made recently, the Thai financial regulator, the Securities and Exchange Commission (SEC) stated it was putting a ban on several of the hottest trading tokens in the cryptocurrencyRead More origin »

The May Crypto Sell-off Predominantly Occurred in the US Session.

Bitcoin continues to chop. Currently, in a ‘crab’ pattern, the price of Bitcoin is constantly going up and down by a few thousand dollars but remains range-bound within $30k-$40k. Having a drawdown of 50% after rallying 1,610% from March low to mid-April all-time high, the sideways trading is expected to continue for months and trend […] The post The May Crypto Sell-off Predominantly Occurred in the US Session first appeared on BitcoinExchangeGuide. origin »

Dogecoin Price Analysis: 12 June.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Dogecoin captured most of crypto-spotlight, especially during itThe post Dogecoin Price Analysis: 12 June appeared first on AMBCrypto. origin »

MATIC, Solana, Litecoin Price Analysis : 13 June.

Bitcoin lost a solid 6.5% in the last 24 hours and total market capitalization fell by 3.77% to remain at $1.492 trillion. While Solana and Litecoin had been trading in red on the 4-hour chart, MATIC The post MATIC, Solana, Litecoin Price Analysis : 13 June appeared first on AMBCrypto. origin »

3 main reasons for Chainlink heading towards this.

Chainlink was trading above the $20 level based on price data from coinmarketcap.com. Trade volume dropped by 5% in the past 24 hours. This indicated a drop in liquidity and volatility. However, this The post 3 main reasons for Chainlink heading towards this appeared first on AMBCrypto. origin »

Ethereum Price Analysis: 13 June.

With multiple metrics supporting a bullish narrative for the world's largest altcoin, Ethereum's short-mid term trajectory looked extremely favorable. The digital asset maintained its dominance on theThe post Ethereum Price Analysis: 13 June appeared first on AMBCrypto. origin »

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Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador.

JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.” JPMorgan’s Opinion on […] origin »

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Is SUSHI worth buying in June?.

SushiSwap SUSHI/USD was created by a pseudonymous individual or individuals collectively called Chef Nomi. It is software running on Ethereum that incentivizes a network of users to operate a platform where they can buy and sell cryptocurrency assets. origin »

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