Cryptocurrency Analysis and News Portal
In the ruling, Judge Hamilton agreed that the lead plaintiff Bradley Sostack had failed to support two claims relating to a series of allegedly fraudulent statements made by Ripple and Garlinghouse in 2017.Blockchain payment company Ripple Labs Inc has won the part of the fraud lawsuit filed against it in
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Despite growing support, cryptocurrencies have yet to see mainstream implementation in the US economy. Many people and regulatory agencies are unsure of what to do with crypto, stalling its adoption. California has made some significant strides in this regard recently, setting an example for the rest of the nation. California is
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Kais Mohammad, a.k.a. “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bitcoin ATM network that laundered up to $25 million, including funds that originated in criminal activity. According to a recent press release by the Department of Justice, the Orange County, California, resident is pleading guilty
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On July 16, Tesla stock closed 2.93% down, at $1,500.64 per share. After hours, it dropped to $1,488.04, losing 0.84%. In the pre-market today, Tesla stock was trading around $1,510 per share. Recently, the electric vehicles giant Tesla Inc (NASDAQ: TSLA) delivered its Q2 2020 sales report. It showed that the
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It’s no secret that the crypto industry is rife with scams, hacks, and other nefarious activities, with the decentralized and private nature of many digital assets being conducive to these types of undertakings.The latest group to fall victim to one of these scams is a school within the University of
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The University of California at San Francisco School of Medicine reportedly paid a $1.14 million ransom in cryptocurrencies to the hackers behind a ransomware attack on June 1.According to CBS San Francisco, the UCSF IT staff first detected the security incident, stating that the attack launched by NetWalker group affected
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U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust.Fruit and vegetable news outlet The Packer reported on May 17 that California Giant will use a blockchain to share data between all the points of its supply chain. The firm employs Glassbit’s Glasschain IBM
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California Governor Gavin Newsom warned the public against Bitcoin (BTC) fraudsters during his live speech about the coronavirus outbreak.On March 26, Newsom mentioned the leading cryptocurrency as part of his official speech about what measures had been taken by the state to prevent the further spread of the virus
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The University of California at Santa Barbara (UCSB) has just concluded its first accredited course focused on blockchain and distributed ledger technology.The course, which was taught as a computer science class through the College of Creative Studies, was formed in response to requests from the Blockchain Acceleration Foundation (BAF),
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In what was dubbed the first of its kind purchase, two California council members were seen buying marijuana from a local store with cryptocurrency.The council members, Berkeley City’s Ben Bartlett and Emeryville City’s Dianne Martinez, were spotted in a local cannabis shop in Ohana on September 11th, where they reportedly
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