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Blockchain Bites: DeFi and DEXs Surge, Bitcoin’s Negligible Adjustment and an ICO Class Action

DeFi’s agricultural revolution is spurring growth in decentralized exchanges. Meanwhile, the Bitcoin network experienced its lowest difficulty adjustment in 10 years, clocking a negligible change in mining difficulty today, while a novel legal strategy is bringing an initial coin offering project to court. Here’s the story: You’re reading Blockchain Bites, the daily roundup of

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Redactions Granted in Telegram Case To Protect ICO Participants

A U.S. District Judge has approved the majority of redaction requests received during the proceedings surrounding the Securities and Exchange Commission’s (SEC) lawsuit against messaging firm Telegram over its $1.7 billion initial coin offering (ICO).The SEC took action against Telegram in October 2019, filing a temporary restraining order barring Telegram

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Founder of Floyd Mayweather-Promoted ICO to Plead Guilty to Fraud

Robert Farkas is negotiating a plea bargain for his role in the fraudulent Centra Tech initial coin offering (ICO) that commissioned celebrity endorsements from Floyd Mayweather Jr and DJ Khaled.U.S. District Judge Lorna Schofield has granted Farkas’ attorneys’ request to schedule a plea hearing for next week, with details of

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