Tether Fights Back, Dismisses Weak Lawsuits

The company behind the dominant stablecoin , Tether, has just notified the US District Court in New York’s Southern District of its intent to file a motion to dismiss its outstanding lawsuits. Tether (USDT) is the world’s largest stablecoin, but also one that has faced controversy, accusations of manipulation, centralization, and more. The company behind […]

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Did Stellar (XLM) Break Securities Law with Coin Burn?

The Stellar (XLM) coin burn, announced last week, may bring attention to the asset as potentially breaking the US SEC’s securities law. XLM Burn Raised Burning Questions A Reddit poster speculated that the decision to burn 55 billion XLM coins may attract the attention of regulators. The decision of the Stellar Development Foundation to decrease […]

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Crypto “Marketing Experts” End Up in Scams, Affirms Jimmy Song

Crypto developer Jimmy Song has tweeted that many ‘marketing experts” who enter the crypto space end up working for scam projects. Bitcoin Doesn’t Need Them Crypto author, Song, posted on Twitter yesterday three points. In his opinion, unlike Bitcoin, it is the so-called shitcoins, or altcoins for everyone else, that require the assistance of those […]

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Korean Crypto Market is ‘Pretty Dead’, Says Primitive Ventures Founder

Korean traders have thrown in the towel, with crypto trading volumes visibly lower over the last few months. The Kimchi premium is now completely gone, and the slower volumes have wiped out the markets for multiple altcoins. Korean Traders Lose Taste for Risk Dovey Wan, the co-founder of PrimitiveCrypto, has commented on the outflow of […]

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Grayscale Wins First US Approval For Cryptocurrency-Based Security

A pivotal US self-regulatory organization has formally licensed the country’s first public security based on cryptocurrency markets. Large Cap Fund Gets FINRA Say-So Shares of Grayscale’s Digital Large Cap Fund (DLC) received the green light from the Financial Industry Regulatory Authority (FINRA) this week, a press release confirmed on October 14. Grayscale, currently the world’s […]

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Bitcoin Works Infinitely Better As A Medium of Exchange Than ‘Vaporware’ Libra

Bitcoin (BTC) is running into its eleventh year, while Facebook’s Libra is facing renewed difficulties, with some of the founding members of the Libra Association rescinding their positions. Libra Beleagured by Hawkish Regulators Libra set a goal to launch in early 2020, but regulatory disapproval and hawkish comments from central banks shook confidence in the […]

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TRON (TRX) is Overrun With DApp Bots, Research Shows

The TRON network showed statistics out of the ballpark in comparison to Ethereum and EOS. Multiple accounts, new distributed apps and activity picking up – those seemed to be an indicator for one of the most robust crypto ecosystems, however new research suggests otherwise. Faked Unique Accounts and Game Activity A study conducted by AnChain […]

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