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Nikola’s stock has tumbled following a series of allegations by a short-seller.The company’s founder resigned from his executive chairman’s position just days ago.The value of GM’s promised stake in the new energy automaker has now halved.General Motors has until September 30th to change its mind regarding the partnership deal it
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The New York Attorney General’s office is losing patience with Bitfinex and Tether. NYAG senior enforcement counsel John Castiglione filed a letter Monday ahead of a conference between the regulator and the two cryptocurrency firms arguing it is way time they complied with a 17-month-old document production order detailing financial information
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Financial inclusion is often cited as a reason for the pursuit of crypto and blockchain innovation. With gatekeepers monopolizing the global financial scene, several disenfranchised demographics have seen themselves cut off from viable channels of economic prosperity.Crypto and blockchain products are increasingly opening up international payment corridors, ensuring the democratization
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The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP tokens have seen a myriad of applications built around them and a slew of unique tokens have gained real-world value after being listed on exchanges. Now
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Major car manufacturer, General Motors, or GM, has filed a patent application for a continuously updating navigation map system. The system would use blockchain to integrate data from vehicle sensors and build a reliable map for autonomous vehicles.According to the filing, which was submitted on Oct. 1, 2018 and
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An Iranian general is reportedly calling for the use of cryptocurrency to evade sanctions.Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps' "Army of Guardians of the Islamic Revolution" (or Sepâh for short), a branch of the Iranian Armed Forces, said in a speech Wednesday that Iran should look to
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Israeli banks should not deny services to firms involved with cryptocurrencies, according to Israel's attorney general Avichai Mandelblit.Instead of halting financial services for all crypto firms, banks should closely examine each case for indicators of money laundering risks or other illicit financial practices, Mandelblit told the Tel Aviv District
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In a stunning turn of events, Bitcoin (BTC) price swiftly reversed course and rallied 6.4%, reclaiming ground lost over the last 24-hours and briefly topping $7,288 before pulling back to $7,200.Global oil prices have also rallied by nearly 3% in the wake of an airstrike at Baghdad's airport ordered
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In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing. Source
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The Information Commissioner has sent the following letter to the political parties in relation to the use of data in political campaigning.
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