Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO
Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO … Read more
Nominee to New York Federal Reserve Claims That Crypto Isn’t Currency
The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency. Also Read: Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA Settlement New York Federal Reserve Nominee Rejects Cryptocurrencies as … Read more
Do Crypto Trading Bots Really Work?
Bots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. Mt Gox famously had the Willy Bot manipulating merrily, perennial bear Bitfinexed sees bots everywhere, and crypto traders are prone to boasting about the sick returns they’ve raked in from their proprietary arb bots. … Read more
75 years in prison for a founder of digital currency service Liberty Reserve
On Thursday, 31st of October, 41-year-old Vladimir Kats, Brooklyn, New York issued a plea at a federal court before US district judge Denise L. Cote. Kats may receive the maximum sentence for each charge, which will lead him to a 75 years imprisoned. Go to Source Powered by WPeMatico
Western Union is not yet ready for bitcoin international transfer
During the Western Union Consumer Protection & Compliance Conference 2013 on 16th-18th of September, its executives gave a presentation that said it wasn’t yet suitable for international money transfer. Go to Source Powered by WPeMatico
New leader in world’s bitcoin exchange
BTCChina has become the world’s biggest digital currency exchange and beat Mt. Gox and Bitstamp. Go to Source Powered by WPeMatico
First Bitcoin ATM in Vancouver Coffee House
The first Bitcoin ATM now is awailable in Waves Coffee House in Vancouver, Canada. On Tuesday 29th of October startup Robocoin (based in Las Vegas) has partnered with Canadian Bitcoiniacs and made an important step to legitimate bitcoin currency and increase its popularity in Canada. Go to Source Powered by WPeMatico
Absolute Bitcoin Price Record Reaches $300
Another big jump in bitcoin prices tracked on 7th of November (by 08:56 GMT) when it reached the highest ever level of $300 on Mt. Gox. Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Hits $8,900
At press time, bitcoin has swelled past the $8,900 mark, and it is expected to surpass $9,000 by early next week. Since yesterday, it has risen by over $100. In addition, the cryptocurrency market has jumped from roughly $324 billion to $385 billion since April 16, marking a $60+ billion spike in less than seven … Read more