Cryptocurrency Analysis and News Portal
Earlier this month, Ripple sold $15 million of its MoneyGram stock while not giving any specific reason behind it.A day after the US Securities and Exchange Commission (SEC) filed a lawsuit on Ripple, its partner MoneyGram issued a statement clarifying its association with the blockchain firm.In a press statement issued
Read More
On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed with the rehabilitation proceedings
Read More
Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up to 10% of the fund’s net asset value in the Grayscale Bitcoin Trust (GBTC). Source
Read More
Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero.In a Nov. 20 blog from CipherTrace, the firm stated that the patents would include forensic tools to explore Monero (XMR) transaction flows to assist in financial investigations,
Read More
Ripple, the developer of various XRP-based products, has filed yet another new trademark with the United States Patent and Trademark Office, or USPTO.Filed on Nov. 6, a filing for the trademark "PayString" gives scant information as to which business or product will be marketed under its canopy. Indeed, the trademark registration
Read More
The new title and logo suggest Ripple has another payments product in the works. Source
Read More
Cred is the first U.S. crypto lender to file for bankruptcy in the country. Ripple is opening regional headquarters in the Middle East. President-elect Joe Biden’s incoming administration appears to be courting at least two pro-crypto political actors for cabinet positions.Top shelfBankruptcy filingCrypto lender Cred filed for bankruptcy protection this
Read More
United States-based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection on Saturday, leaving many customers searching for solutions to get their funds. According to court documents, the legal team for Cred CEO Daniel Schatt filed bankruptcy papers for the company in the District of Delaware on Nov. 7. Cred listed
Read More
In October, the lender published a cryptic letter saying that it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.” Source
Read More
Virgil Griffith’s lawyer has filed a motion to dismiss the U.S. government’s charges that the Ethereum developer violated sanctions law by speaking at a North Korean cryptocurrency conference. The motion, filed by attorney Brian Klein, claims the government’s late-2019 indictment of Griffith doesn’t “specify any alleged overt facts,” and contains
Read More