Legal counsel for one of several active class-action lawsuits against iFinex for allegedly manipulating BTC’s price has filed to lead the entire class and proceedings. One legal team looks to lead the three ongoing suits against IFinex alleging that illegal conduct involving iFinex’s subsidiaries Tether and Bitfinex was behind Bitcoin’s (BTC) 2017 bull run. Per…
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Singaporean entrepreneur and ICO advisor Mark Cheng is reported to have been kidnapped in Thailand by close associates who wanted his Bitcoin holdings. Singaporean Mark Cheng was recently kidnapped in Thailand and tortured for a $740,000 ransom in Bitcoin (BTC), the South China Morning Post and others report on Jan. 14. After transferring all his…
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The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s (RBI) ban on banks’…
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Source: iStock/pick-uppath Following the launch of bitcoin options trading on the Chicago Mercantile Exchange (CME) yesterday, the exchange reported that 55 options contracts changed hands during the first day of trading. Each options contract at the CME represents a right, but not an obligation, to buy one bitcoin futures contract, which in turn represents 5…
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Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. A newcomer to LinkedIn’s annual list of…
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Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications. Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows users to easily connect their financial accounts…
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A warm reception greets the industry’s latest Bitcoin options rollout as reported volumes elsewhere also deliver surprises. Bitcoin (BTC) futures options from CME Group saw volumes in excess of $2.3 million on the product’s first day of public trading, the company has confirmed. Data from CME’s official website confirmed the successful rollout on Jan. 13,…
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The IBM Sterling platform is set to augment its feature set with integrations developed by external companies, including Salesforce and Publicis Sapient. The IBM Sterling supply chain platform will now feature additional integrations developed by Salesforce, Publicis Sapient, IBM Services and others, a Jan. 13 press release reads. The additions will allow the blockchain and…
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South Korea’s Constitutional Court is set to pass judgment on the legality of measures taken by the country’s government during its partial crypto crackdown of late 2017 to 2018. Seoul intervened with a series of emergency measures during the late 2017 bull run, which saw a massive spate of South Korean individual investors of all…
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As Bitcoin (BTC) mining difficulty and hashrate are reaching new all-time highs, the Cryptoverse is discussing the meaning behind it, and it seems unlikely that the miners are capitulating ahead of the Bitcoin mining reward halving in May. As reported by Cryptonews.com in October 2019, miners will try to increase their mining activity, so as…
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