Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises
The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the
Read MoreSEC Depositions Shed Light on Telegram’s $1.7B Token Sale
Telegram CEO Pavel Durov pushed back against a U.S. Securities and Exchange Commission (SEC) attorney’s speculation that his company’s 2018 token sale was meant to refill its cash reserves.During an 18-hour deposition, Durov disputed in particular SEC attorney Jorge Tenreiro's claim that the sale would help Telegram pay for servers.
Read MoreCryptocurrency Not Banned in India, According to RBI
Over the course of the past half-decade or so, the cryptocurrency space has grown at a breakneck pace, and it is believed that it is going to keep expanding in the years to come. However, in this regard, it is also important to note that it has thrived because many
Read MoreAs Australia Burns, CryptoX and Oxygen Seven Raise Relief Funds
As megablazes ravage Australia, destroying vast amounts of land and wildlife, CryptoX and Oxygen Seven have partnered in a Bitcoin fundraising effort to benefit recovery efforts in the country.Fighting fire with fundraisingThe announcement between CryptoX and Oxygen Seven came last week. Through a page on CryptoX’s website, users can
Read MoreGrayscale to Fund Ethereum Classic Developers for 2 More Years
Grayscale Investments has committed to financially supporting development of the ethereum classic (ETC) cryptocurrency for another two years.Announced Wednesday, the asset manager will continue to donate one-third of the management fees from its Grayscale Ethereum Classic Trust to the ETC Cooperative each quarter through 2021. “It is a big vote of
Read MoreBusted: SEC Charges Blockchain Marketplace Founder Sergii “Sergey” Grybniak for Fraudulent ICO 2017
The US Securities and Exchange Commission (SEC) has charged former Stevie Award winner and SEO champion Sergii “Sergey” Grybniak and his company Opporty International, Inc. – a blockchain marketplace company with conducting a fraudulent initial coin offering (ICO) of unregistered digital asset securities. As alleged in the SEC’s complaint, it raised
Read MoreCrypto News Roundup for Jan. 22, 2020
Join CoinDesk Podcast Editor Adam B. Levine and Senior Markets Reporter Brad Keoun for a daily, time saving rundown of top news impacting crypto markets today. Source
Read MoreBitcoin’s Lighting ‘Torch’ Reignites, Blazes Through 38 Countries in 3 Days
Bitcoin's lightning torch is back, and it's zipped through at least 38 countries already.The torch is a digital game first ignited in January 2019 by pseudonymous bitcoin enthusiast Hodlonaut, known for his Twitter avatar of a cat in a spacesuit. Each "torchbearer" sends a tiny amount of bitcoin to the
Read MoreDC Blockchain Advocacy Group US Chamber of Digital Commerce Supports Telegram Vs. SEC Case
The Blockchain Advocacy Group The US Chamber of Digital Commerce (CDC) is filing an amicus brief advocating for a predictable legal environment for the blockchain industry in an attempt to counter the SEC’s motion for a summary judgment against Telegram Group Inc. and its wholly-owned subsidiary TON Issuer Inc. The Blockchain
Read MoreJack Dorsey’s Square Wins Patent for Fiat-to-Crypto Payments Network
Payments provider Square has won a U.S. patent for a new network that enables seamless crypto-to-fiat transactions.Granted Tuesday by the U.S. Patent and Trademark Office, the patent details a payments system allowing users holding different asset types to transact with one another in real-time. "The present technology permits a first
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