Exactly nine months after opening its doors for business, DX.Exchange, a trading platform powered by Nasdaq, has thrown in the towel due to financial difficulties. Currently, the platform is looking for a buyer or better still a merger.The news was released via an announcement on Nov. 3, telling the world that the cost of operating the platform in the aspects of security, support and technology is too much to bear.Good Intention, Bad ExecutionThe original idea for DX.Exchange was to become a...
Read More »SEC’s vs. Ripple Next Chapter Begins Today
Today the next chapter of a long-running and closely watched lawsuit against Ripple will happen. The plaintiff, Bradley Sostack, has time until the end of this Monday to file a response to the startup’s September 20 motion to dismiss. If the case won’t be entirely dismissed, it will probably go into discovery next year.As we already reported, the main point of this dispute is the question of whether Ripple’s cryptocurrency XRP is a security or not.If it is, that means that it should have been...
Read More »Several Malta Crypto Companies Want in on New Regulations
Malta has become one of the world’s biggest crypto havens over the past few years, and now, things are about to take a whole new turn.Malta Is a Leading Crypto MaverickSeveral companies – 34, to be exact – that either operate in blockchain or cryptocurrency-based territory within Malta, have sent “letters of intent” to the country’s Financial Services Authority (the MFSA). These letters say they are requesting permission from the organization to continue their operations and further provide...
Read More »What Craig Wright’s Non-Payment Saga Means for Bitcoin Markets
Craig Wright has declined to pay Dave Kleiman’s estate a $4.5 billion settlement. The plaintiff and defendant had agreed to enter into a non-binding agreement with the promise that Wright would pay. The U-turn has reset litigation proceedings. It looks like the Satoshi Nakamoto saga will continue into the next year. According to the latest news, Bitcoin SV founder Craig Wright has declined to pay the Kleiman Estate a 500,000 Bitcoin ($4.5 billion) settlement. The estate, which is...
Read More »BitBay Set to Launch IEO Platform and Launchpad
Photo: BitBay / TwitterBitBay has become the latest major cryptocurrency exchange to create an Initial Exchange Offering (IEO) launchpad. IEOs have surged in popularity in recent years, largely replacing the ICO funding model. BitBay’s new platform will launch on November 18, with users given the chance to buy IEO tokens directly via EURO, USD, GBP and Polish Złoty. With 245 IEOs having taken place in the past few years, BitBay may be late to the party – but the exchange hopes to hit the...
Read More »AI and Blockchain to Revolutionize Warfare, Says Indian Defense Minister
Today most of the weapons are software-based and intricately networked. As IoT and cloud computing, as well as connectivity, have increased, hard to detect cyber threats have evolved. Cybersecurity is even more critical in military-dedicated networks. The challenge in the information age is to repeal attacks from multiple sources, proactively react and prepare for any contingencies.Modern warfare will include new technologies like Artificial Intelligence (AI), blockchain and big data as...
Read More »Crypto Galaxy: Computer Game lockt mit echten Bitcoin-Auszahlungen
Ein neues Blockchain-Game gibt den Gamern die Möglichkeit, im digitalen Raum Assets zu sammeln. Diese Assets werden in Kryptowährungen umgetauscht, und die Kryptowährungen können sie anschliessend in reale Währung umsetzen. Es handelt sich also um eine Möglichkeit der Investition, die letzten Endes mit viel Spass verbunden ist. GalaxyOne Tech hat Smartphone Game auf den Markt gebracht Es gibt...
Read More »Warren Buffet’s Profits Receive Enormous Rise despite Market Uncertainty
Warren Buffett and his company had their total capital rising to a record of $128 billion during Q3 2019, сovering all the losses and showing the company has some great risk management tools. The measure supposes to help the company’s under-performing stocks, while some market analysts claim it will make the stocks fall faster. Berkshire spent 1.7 billion in Q1, 442 million in Q2, and 700 million in Q3 on repurchasing stocks in 2019. They also have changed the rules by which the stocks...
Read More »RRMine Expressed Its Ambition to Be the Largest Cloud Hashrate Platform
From October 26 to 31, 2019(PST), a series of activities was organized in the framework of the Vegas Blockchain Week and World Crypto Conference 2019 (WCC 2019) hosted in Las Vegas, USA. RRMine North America team was among the participants of these important events and had an opportunity to present its platform and share its views on the state of the mining industry in a public speech and a number of interviews. RRMine’s VisionYung Cheng Tsou, RRMine Global CEO, said that their goal and key...
Read More »World’s Largest Oil Producer Saudi Aramco Files for an Initial Public Offering
Saudi Aramco, the world’s largest and state-owned oil producer of Saudi Arabia, has announced its plans of Initial Public Offering (IPO) on Sunday, November 3. This is likely to be the largest ever initial stock offering with stocks listed on Saudi’s domestic stock exchange, Tadawul.An unspecified percentage of shares will be available for trading next month as the oil giant plans to raise anywhere between $20-$40 billion. Note that this will be just 1-2% of the stake sale for the company....
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