Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that Ripple violated securities laws during the initial offering of the token; stating that XRP was intrinsic to Ripple's operational integrity. The relationship between XRP and Ripple has...
Read More »China’s Digital Currency Research Institute Exec Says Facebook’s Libra Can’t Be Stopped
Changchuan Mu within the educational lectures touches a range of cryptocurrency questions starting from the recently announced People’s Bank of China (PBoC) digital currency to the vast expansion of Facebook‘s Libra. Also, he compared Libra to the PBoC digital currency, stating that the Chinese new currency is even better than Libra in several aspects. Mu believes that at this point, Libra already might be unstoppable and that it is “highly unlikely” that someone can stop people from buying...
Read More »Coinbase Plans to Add Telegram and 16 Other Digital Assets on its Platform
In the latest blog post announcement, Coinbase highlighted a possible addition of 17 new cryptos to its platform including Telegram. As part of the exploratory process, users may see public-facing APIs and other signs that the exchange is conducting engineering work to potentially support these assets.According to that post from the exchange, Coinbase plans to add Dfinity, Filecoin, Handshake, Avalanche, Celo, Chia, Coda, Nervos, Oasis, Orchid, Kadena, Mobilecoin, Near, Solana, Spacemesh,...
Read More »Mike Novogratz Accepts His Mistake of Missing Out On Telegram’s TON Token Sale
Wall Street veteran and founder of the Galaxy Digital crypto merchants bank, Mike Novogratz, recently accepted that he missed out on the token sale of Telegram‘s TON cryptocurrency.During a recent interview with The Block, Novogratz spoke how he missed the opportunity of investing in the Telegram Open Network (TON). Messaging giant Telegram has been work for over a year on its ambitious blockchain project which can see the light of the day anytime soon.In his interview, Novogratz said that...
Read More »Bitcoin Cash Analysis: BCH Back In Uptrend, Could Breach $340
Bitcoin cash price started a solid upward move above the $300 resistance against the US Dollar.The price is currently trading below the $325 and $330 resistance levels.There is a major bullish trend line forming with support near $308 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could continue to rise as long as it is above the $300 support area.Bitcoin cash price is gaining momentum above $310 against the US Dollar. If BCH/USD clears the $330 resistance it could...
Read More »#711 Alchemy Expansion Asien, Overstock CEO kauft Bitcoin & Coinbase neue Token
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 711. Heute geht’s um folgende Themen: Alchemy ermöglicht Bitcoin Zahlungen für 1,2 Millionen Händler in Asien, Overstock-CEO verkauft Unternehmensanteile und kauft BTC & Coinbase plant neue Token. 1.) Alchemy ermöglicht Bitcoin Zahlungen für 1,2 Millionen Händler in Asienhttps://coin-update.de/alchemy-ermoeglicht-bitcoin-zahlungen-fuer-12-millionen-haendler-in-asien/ 2.) Ehemaliger Overstock-CEO verkauft...
Read More »“ETH Architect” Steven Nerayoff Committed “Old-Fashioned Shakedown”
Former Ethereum advisor Steven Nerayoff and his assistant Michael Hlady have been arrested and charged with extorting millions of dollars in crypto funds.Nerayoff Facing Jail Time?The Justice Department has released a statement about the incident, claiming that both men were threatening to “destroy a startup cryptocurrency company if they were not paid millions of dollars” in ether tokens. U.S. Attorney Richard Donoghue explains: As alleged, Nerayoff and Hlady carried out an old-fashioned...
Read More »EOS Price Analysis: Downside Spike Before Renewed Uptrend
EOS price climbed higher recently above the $3.850 and $4.00 resistances against the US Dollar.The price is currently correcting gains and declined below the $4.000 support area.There is a major bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline further to test the $3.650 support area before it starts a fresh increase.EOS price is currently correcting lower against the US Dollar and bitcoin. However,...
Read More »NEO Launches NEO3 Preview1 On Testnet
Top features on NEO like on-chain and off-chain governance as well as Delegated Byzantine Fault Tolerance (DBFT) have already made it one of the more appealing blockchains for businesses and enterprises. Now, the project is adding additional features that improve functionality.What Is NEO3 Preview1?NEO3 Preview1 is the first look at some of the changes that are anticipated to occur when the project transitions from its current NEO2 protocol to NEO3. NEO3 TestNet, which was also released on...
Read More »Binance to Launch OTC Trading Platform Next Month Supporting Chinese Yuan
The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...
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