Month: January 2021

Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit, filed Monday in a Florida district court alleges that the “sale
0 Comments
Bitcoin (BTC) surged by over $5,000 in minutes on Jan. 29 after the world’s richest man added its symbol to his Twitter page. BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview BTC price hits $37K highs Data from Cointelegraph Markets and Tradingview showed BTC/USD spiking to $37,000 as users began to notice that Elon Musk was now
0 Comments
A New York federal judge has denied an Ethereum developer’s motion to dismiss criminal charges over allegations he assisted the North Korean regime to bypass U.S. sanctions. The developer and former-hacker, Virgil Griffith, is accused of helping North Korea evade economic sanctions by delivering a speech during a Pyongyang blockchain conference in April 2019. Law360
0 Comments
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their cryptocurrencies on an exchange.” In contrast, 26% of the
0 Comments
Ray Dalio, the famed founder of Bridgewater Associates, called Bitcoin (BTC) “one hell of an invention,” adding that he’s considering digital-asset investing for clients wishing to protect against currency debasement.  In a note to clients that was obtained by Bloomberg News, Dalio called Bitcoin’s store of value characteristics an “amazing accomplishment” and one of the
0 Comments
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy by gathering exposure to over $300 million worth of the cryptocurrency. Skybridge Capital Cofounder Says Gamestop Stock Activity Bolsters the
0 Comments