Ripple filed a motion to dismiss the lawsuit for alleged violation of US securities laws in the sale of XRP tokens. The document claims that the plaintiff Bradley Sostack is not entitled to file a complaint against Ripple, as he did so three years after the initial offer of tokens in 2013. Lawyers also […]
Author: BlockchainJournal
For the second time in September, bitcoin went below $ 10,000 and again returned back to $ 10,200. Since June, this level has been broken at least 20 times. Unlike yesterday, 80% of cryptocurrencies are in negative territory, having sharply changed direction compared to the excellent performance of the last two days. This night, Bitcoin extended its fall to $ 9,600, as a result of which altcoins lost the profit made in the last two days. Today, the main cryptocurrency has risen above $ 10,000. Today it is worth noting the good performance of Stellar , even after all the…
The world's largest cryptocurrency exchange Coinbase, which is based in San Francisco, has announced support for the Telegram Gram token, as well as 16 other coins. Other coins that will be listed on the crypto platform include: Polkadot, Kadena, Handshake, Oasis, NEAR, Celo, Mobilecoin, Solana, Spacemesh, Coda, Avalanche, Filecoin, Dfinity, Orchid, Chia. Coinbase is ready to consider tokens of other projects that may also be listed in the future. Recall that recently Telegram introduced the TON blockchain browser, as well as software for nodes. So far, the project has not seriously engaged in the distribution of the token under the…
Anatoly Aksakov, head of the State Duma Committee on Financial Markets, told reporters that the Ministry of Finance had postponed a meeting on regulating relations in the field of cryptocurrencies and blockchain . The meeting was postponed indefinitely, said the parliamentarian, who himself had previously announced this event with First Deputy Prime Minister and Minister of Finance Anton Siluanov. The meeting at the ministry was supposed to take place last Wednesday, September 18. Note that the head of the Russian cabinet of ministers Dmitry Medvedev ordered by November 1 to adopt a law on the regulation of relations in the…
The developers of the Waves blockchain platform announced the need to take another step towards sustainable growth and financial stability, the essence of which is to update the existing economic model. In a broader sense, representatives of Waves argue, the cryptocurrency sphere should become a full-fledged economy, and not existing with donations. According to them, today there is a trend of deficit of WAVES tokens, since their number […]
U.S. financial giant Wells Fargo is working on a cryptocurrency pegged to the dollar. The company announced this in its press release . According to the company, the future stablecoin will be used as part of its own blockchain platform. Its main focus will be cross-border payments between the company and its partners around the world. Moreover, other companies outside the US will be able to use cryptocurrency to complete transactions between themselves. The decision to issue cryptocurrency in the company is explained by the need to reduce the cost of payments between different countries, as well as the acceleration…
North Korea is creating a cryptocurrency with which the country will be able to avoid international sanctions. It is assumed that the cryptocurrency development project is at an early stage. Its goal is the same as that of the Venezuelan project – last year the topic of developing the state’s national digital currency, Petro, was actively discussed. A cryptocurrency that does not yet have a name will be similar to the technology used by BTC or altoins. Currently, the team that is working on the project is studying products that could be tied to cryptocurrency. It is known that the…
Chairman of the US Securities and Exchange Commission (SEC) Jay Clayton said that bitcoin needs more regulation for listing on large exchanges. It is reported by CNBC. “If investors believe that Bitcoin pricing is as strict as on the Nasdaq or the New York Stock Exchange, then they are very mistaken. We must get to the point where we are sure […]
North Korea is in the early stages of developing its own cryptocurrency, writes VICE . A government spokesman told the portal that the project’s goal was “to avoid international sanctions and circumvent the US-dominated global financial system.” The Special Delegate of the Committee on Cultural Relations of the Democratic People's Republic of Korea, Alejandro Kao de Benos, said: “A very early stage of creating a token is underway. Now we are at the stage of studying goods that will ensure its value. " He also noted that the token rate will not be tied to the North Korean won. “It…
Arab Bank, located in Switzerland, began to provide its customers with services for trading and storing the two most popular cryptocurrencies – Bitcoin and Ethereum. Serge Robin, CEO of Arab Bank in Switzerland, noted that his team strongly believes that blockchain technology will completely change the traditional financial system. So, Arab Bank wants to be among the first banking institutions to start offering cryptocurrency transactions services to its customers, while maintaining a high level of security and cooperation with regulators. The custodial service for cryptocurrencies will be supported by the Taurus Group – the cold storage solution for cryptocurrencies TAURUS-PROTECT…