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Tag Archives: Companies

Court Rejects SEC’s Attempt to Obtain Telegram’s Full Gram Token Sale Bank Records

It has become known that Judge P. Kevin Castel taken a decision to deny without prejudice SEC’s letter which was aimed at revealing the full bank records of Telegram. To deal with this issue the court chose a variant of having a phone call with the participation of all the parties of this dispute.The dispute has arisen as the SEC tries to insist that the Gram token sale that was held by Telegram and that brought the company approximately $1,7 billion from investors was an unregistered...

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Telegram Shares Details about Forthcoming Gram Tokens and TON Blockchain

Telegram has released an official notice about its TON blockchain and Gram tokens. The blog post on the company’s website includes important details about what should be expected by the Telegram community.Telegram has been embroiled in a legal battle with the SEC over several details regarding its Gram tokens. The scuffle between both parties is still quite heated and doesn’t seem to be nearing a resolution anytime soon. Regardless, Telegram decided to make a few things clear as the community...

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Burger King Partners Cryptobuyer and Enables Crypto Payments in Venezuela

Merchants in Venezuela are turning to adopt cryptocurrencies amidst the ongoing economic crisis in the country. The latest reports suggest that burger giant Burger King is now accepting cryptocurrency payments in Venezuela.For this, Burger King has partnered with Panama-based Cryptobuyer to accept payments in digital currencies. Thus, Cryptobuyer will now act as the payment gateway for Burger King’s clientele. Reports suggest that the first trial of this partnership took place last week on...

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Telegram Founders Refuse to Report to SEC on How They Spent $1.7B Raised in ICO

On Thursday, TON founders received an order to open their TON ICO documents to the investigators. The order came via a court filing by the U.S. regulator. Per the document:“Plaintiff respectfully moves to compel Defendants to answer questions and provide documents regarding the amounts, sources, and use of funds raised from investors in connection with the unregistered sale of securities at issue in this case.The requested bank records are highly relevant to the issues in dispute in this...

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MetaMask is Back on the Google Play Store as the Tech Giant Lifts Ban

Popular Ethereum browser extension and wallet service MetaMask is back on the Google Play Store after going through a weeklong ban. On January 1, 2020, MetaMask shared this good news on Twitter by thanking the entire community.MetaMask is a very popular Google Chrome browser extension that hosts a built-in crypto wallet running Ethereum-based decentralized applications (DApps). Moreover, its unique feature is that it allows Ethereum DApps to run without requiring a full Ethereum node.MetaMask...

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DLive and Lino Network Join BitTorrent and Tron Ecosystem

DLive is a social platform for sharing content using blockchain, and now they want to extend by seriously migrating to the TRON ecosystem supported by Tron Foundation. The platforms will make sure that the customers are getting the service of content sharing, video streaming and more. The BitTorrent network will show advertisements of DLive, and serve as the file storage for the company.Justin Sun Buying Companies: Plans a Business Empire?DLIve is in development for the last 15 months....

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Tron’s Justin Sun Announces New Acquisition for the BitTorrent Platform

Justin Sun, the founder of Tron (TRX) cryptocurrency and the CEO of the BitTorrent platform has announced a new acquisition for the platform. On Sunday, December 29, Sun announced that he has a special announcement on January 1, 2020, for the BitTorrent family.New acquisition for $BTT and @BitTorrent in three days. Stay tuned and welcome new members to #BitTorrent family! #BTT— Justin Sun (@justinsuntron) December 29, 2019Besides, Justin Sun has also mentioned that the new acquisition will...

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China is on the Way to Its First Blockchain ETF Approval

The application for the blockchain ETF was accepted by the CSRC on Tuesday, December 24. It was filed by Penghua Fund, an asset management company based in China’s Shenzhen city. While it is currently unclear how long is required before a response, the Chinese blockchain community seems to be carefully watching.First Blockchain ETF In ChinaThe product has been named the Penghua Shenzhen Stocks Blockchain ETF. Penghua intends for the ETF to track and mirror all blockchain firms with public...

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Mike Novogratz Predicts Bitcoin Enters Year 2020 in 12K Price Zone

Novogratz is a fan of making Twitter predictions. This time, he thinks that Donald Trump will lose the Presidential elections. His competitor, according to Novogratz, will have 10 million votes more. One of the subscribers made a bet that this will not happen, placing 1 ETH and Novogratz accepted the deal.However, when it comes to Tom Hanks, Novogratz thinks that no other actors can dive into the Process as precisely as he can. Regarding “A Beautiful Day in the Neighborhood”, he thinks that...

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Bithumb Exchange Will Pay $67 Million in Additional Crypto Taxes

South Korean National Tax Service sent Bithumb a letter claiming they will need to pay additional taxes for the 2019 fiscal year. The agency claims that the tax is legal because the exchange forgot to pay the taxes from withdrawals that the exchange is constantly processing for customers from abroad.Doo Wan Nam, MakerDAO Business Development Associate says that Bithumb had a net loss of $180 million in 2018, considering the data given by Korea Times. This means that regulators are taking the...

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