Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities offering of XRP tokens. Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities sale of its XRP tokens. In court documents filed on Dec. 4, Ripple argues that the plaintiffs’…
Read more
XRP is the best-performing top 10 coin today. This coincided with Ripple’s recent court filing and statement that, even if XRP were a security, the plaintiffs still brought the case against the company too late. At the time of writing (9:19 UTC), XRP is one of only four green coins among the top 10 coins…
Read more
Sean Neville is preparing to work on the company’s board of directors from the end of December, according to a media report amid the sale of Poloniex exchange. Payments company Circle will install a new CEO at the start of 2020 after one of its original co-founders steps down from the position. According to cryptocurrency…
Read more
Brave’s daily active users have tripled in 2019 to reach 3.3 million, while the number of verified publishers recorded a 12x increase. Privacy-oriented blockchain web browser Brave has seen its monthly active users (MAU) almost double from 5.5 million in 2018 to 10.4 million in 2019. At the same time, Brave’s daily active users (DAU)…
Read more
Thai police have busted an alleged Bitcoin scam trading scheme in Bangkok, arresting 24 Chinese nationals and seizing hardware. Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok. According to an official announcement on Dec. 2, the Immigration Bureau of…
Read more
Source: iStock/杨培培 The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China. Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance system” to issue the bonds on December 3. The…
Read more
Major cryptocurrency exchange Binance is looking for managerial staff to establish its offices in Istanbul, Turkey. Major crypto exchange Binance is looking for managerial staff to establish its office in Turkey, according to job postings on LinkedIn. Binance listed a total of five open positions on its LinkedIn company page as of Dec. 6 to…
Read more
CryptoBridge DEX went out with a bang, citing market conditions and increased regulations. Should others be worried? Earlier this week, decentralized cryptocurrency exchange CryptoBridge abruptly announced that it was shutting shop, leaving just two weeks for its customers to retrieve their funds. Around the same time, the Waves DEX also shut down to resume operations…
Read more
San Francisco-based cryptocurrency exchange Kraken is adding support for its latest fiat asset, the Swiss franc. San Francisco-based cryptocurrency exchange Kraken is adding support for its latest fiat asset, the Swiss franc (CHF). According to a blog post on Dec. 5, Kraken said that in collaboration with Liechtenstein-based Bank Frick, the Swiss franc will join the…
Read more
The forces that hold the fiat money system together look fragile and, over the next decade, some of these forces could begin to unravel and demand for alternative currencies, from gold to crypto, could take off, German banking giant Deutsche Bank said in its recent report Imagine 2030. “While critics bemoan cryptocurrencies as constrained by…
Read more
