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Wright, who says he wrote the 2008 Bitcoin white paper under the pseudonym Satoshi Nakomoto, had sought to argue he should be able to block the operation of Bitcoin and the system that forked from it, Bitcoin Cash, because they breach his intellectual property rights. Source
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Without Custodia in this mix of bank-related crypto news, I’m not sure this piece of the news cycle would have anything worth paying close attention to for long. A lot of crypto is predicated on trading, gambling and “number-go-up technology” butting up against nebulous financial securities laws – so skittishness
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is getting the same volatility he did when he owned 32 crypto tokens prior to the
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Cryptocurrency exchange Kraken is reportedly being probed by the United States Securities and Exchange Commission (SEC) over whether it breached rules around the offering of securities. According to a Feb. 8 Bloomberg report, the probe relates to certain offerings that Kraken has made to U.S. clients. A person with knowledge of
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Proposed laws in Israel that would see cryptocurrencies classified as securities would cause huge damage to the local crypto industry, according to the chief of an Israeli crypto service provider.Cryptox Magazine editor, Andrew Fenton, spoke with Ilan Sterk, the CEO of Altshuler Shaham Horizon in Tel Aviv, Israel. The firm
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It is no secret that the global economy has continued to weaken over the course of the past year. To this point, on Jan. 19, the United States government hit its “debt ceiling,” i.e. the total sum of money that the U.S. Treasury can borrow to fund its ongoing federal
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Meanwhile, ether followed bitcoin's lead, holding its most recent support comfortably above $1,600, although it was recently down over 2% from Tuesday, same time. But as CryptoX markets analyst Glenn Williams noted Wednesday in a column column, the second largest crypto in market value had regained its correlation to BTC
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This much talked about technical indicator has value, yet doesn’t tell the whole story. Source
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Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year.Robinhood confirmed it got board approval to buy back the stake in its fourth quarter report, which was
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Whether their bravado should extend to crypto is up for debate. Walter Teng, vice president of Digital Asset Strategy at Fundstrat Global Advisors, said in a Twitter message with CryptoX, “Seems like [FOMO], boredom, degeneracy, wanting to make it back.” Source
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