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Liquidity has shifted away from the top gaining crypto assets, with only six of the week’s 30 top performing markets currently riding 24-hour volume of seven figures or higher in USD. ABBC comprises the most liquid of the week’s top losers, currently ranking as the sixth poorest performing market of the last seven days after […]
The post Up & Down: BTCP and ABBC Plummet Amid Controversy appeared first on Bitcoin News.
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A U.S. District Court has ruled against Chinese conglomerate Alibaba Group in favor of a Dubai-based cryptocurrency foundation, Alibabacoin. The judge says Alibaba Group did not show any jurisdiction in the U.S. and China’s ban on initial coin offerings eliminates any potential confusion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space No Jurisdiction for […]
The post US Court Rules Alibaba Powerless to Stop Cryptocurrency Using Its Name appeared first on Bitcoin News.
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In the world of cryptocurrency, there are quite a few projects which will find themselves in legal trouble sooner or later. This is especially true when such projects use the name of a person, brand, or company in an effort to gain more legitimacy. For Alibabacoin, it seems the end is near. Alibabacoin is in the hot Seat When Alibabacoin was first introduced, people immediately knew things would implode at some point. It seems now is that point, as Alibaba has filed a trademark lawsuit against the Dubai-based firm that created it. It’s an unsurprising turn of events, as Alibabacoin has nothingPowered by WPeMatico
It is very difficult to stand out in the ICO market of start-up cryptocurrencies, which are pouring out large amount of new crypto coins in a month. In addition to presenting their own vision with their individuality, a lot of them are often trying to shake off their profits by proposing fraudulent information using public’s interest in crypto currency market. It is difficult to find the right and profitable coin therefore if you want to invest on a proper one, you must gather all necessary information about the coin as well as you need to distinguish the fiction and thePowered by WPeMatico