2021 has been an incredible year for bitcoin, ethereum, and a great number of the world’s most popular digital assets. While bitcoin has gained around 300% during the last 12 months and ethereum has risen by 630%, a large swathe of crypto assets saw much larger gains. 12-Month Stats Show a Slew of Relatively Unknown […]
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Moshe Hogeg, the co-founder and chairman of venture capital investment fund Singulariteam, and the alleged head of Stox Technologies, has been given 30 days to settle with a Chinese investor. The disgruntled investor has brought a 17 million Israeli new shekels (approximately $4.23 million) lawsuit against Hogeg for allegedly misappropriating several million dollars worth of […]
The post Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit appeared first on Bitcoin News.
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The lawyers of Moshe Hogeg, a major Israeli entrepreneur who is currently facing a lawsuit, claim that Stox’s white paper is a descriptive, non-binding document
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In the first weekend edition of The Daily, crypto exchange Kucoin lists Mimblewimble coin Grin, giving it several trading pairs, and Bakkt releases product details about its upcoming futures contracts. Also, a Chinese investor sues a famous Israeli crypto entrepreneur for alleged fraud, while Malta issues a warning about a get-rich-quick “Bitcoin Revolution” scam. Also […]
The post The Daily: Bakkt Shares BTC Futures Details, Kucoin Adds Grin Trading Pairs appeared first on Bitcoin News.
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A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain-based prediction market Stox over alleged fraud
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In what is turning into a real cautionary tale for the cryptocurrency community about the need to be wary of celebrity’s power, along with skepticism about most initial coin offerings (ICOs), the US Securities and Exchange Commission (SEC) announced an ICO endorsed by champion boxer Floyd Mayweather has officially been deemed a fraud. Also read: Trezor […]
The post Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud appeared first on Bitcoin News.
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Prediction markets are making their mark on the blockchain and cryptocurrency industries as we speak. Stox, one of the ICOs promoted by Floyd Mayweather, aims to do so as well. Its goal is to build the blockchain prediction market of the future using Ethereum technology. The Concept of Stox Although the name would suggest Stox has something to do with stock markets, that is not the case. Instead, the platform will serve as a global open-source prediction market where users can make their own predictions. Doing so will earn them a portion of a stake in a specific event. Moreover, Stox maintains a single token economy,
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