Brooklyn Nets player Spencer Dinwiddie will launch his tokenized security offering on Monday, Jan. 13, after reportedly settling terms with the NBA. Spencer Dinwiddie of the NBA’s Brooklyn Nets will launch his tokenized security offering on Jan. 13, in collaboration with digital securities company Securitize, after reportedly settling terms with the NBA. “The Spencer Dinwiddie…
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The United States Securities Exchange Commission is seeking a default judgment and $16 million in penalties from token sale platform ICOBox. The United States Securities Exchange Commission (SEC) is seeking a default judgement against token sale platform ICOBox and its founder Nikolay Evdokimov. Documents filed with the Central District Court of California on Jan. 9…
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Plasma scalability for the Ethereum network is now a matter of implementation, according to the non-profit Plasma Group. The non-profit research organization Plasma Group announced in a Jan. 9 blog post that it would cease studying Ethereum scalability. Identifying funding of public goods as the next key challenge, it pledged to donate its remaining funds…
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Crypto traders explain they are not surprised by Deribit’s move to Panama, explaining more companies may follow. Crypto traders see potential for other market platforms to exit after crypto derivatives exchange Deribit announced a move to Panama from its EU base in the Netherlands. “This is something they had hinted at in an interview months…
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This week’s news from Japan included falling trading volume, statements on China’s digital currency, a Lisk staking announcement and a blockchain-based letter of credit. This week’s news from Japan included declining trading volume, statements from prominent figures on China’s pending digital currency, a Lisk staking announcement and a blockchain-based letter of credit. Check out some…
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A combination of three critical factors is set to deliver significant gains for Bitcoin investors, predicts Fundstrat Global Advisors. Bitcoin (BTC) can deliver 100% returns to investors in 2020 and may rise significantly in the five months until May’s block reward halving, a new report claims. In its forthcoming 2020 Crypto Outlook, market research firm…
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Bitcoin price rebounded above $8,000, looking to test new highs in 2020 and break a 7-month downtrend with 5 months to go before the halving. The price of Bitcoin (BTC) broke out of a 2-month range and rallied to $8,400 during this week. However, the price couldn’t break out of the downtrend and is stuck…
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Proof of Stake has become fashionable. Towards the tail end of 2019, a growing number of crypto-exchanges and platforms added support for proof-of-stake (PoS) tokens, as well as for staking services that invest PoS crypto on the behalf of users. At the same time, the number of proof-of-stake digital assets grew, as did the amount…
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Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China. Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China. In an inaugural rankings report by Hurun, which is…
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New documents reveal Kik is pushing to set a trial date for its SEC lawsuit, which may be scheduled for some time in the second half of 2020. Kik Interactive Inc. requested the formal definition of a trial date for its lawsuit with the United States Securities and Exchange Commission (SEC), as revealed by a…
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