Search Results for: Louis

Canadian Regulators Warns Crypto Firms Against Gambling-Style Advertisements

Canadian market regulators, including the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) have issued warnings to cryptocurrency service providers who mislead investors through their gambling style advertisements. In a Thursday publication, the market regulators said a detailed guideline has been released to help all concerned stakeholders market to sell their products and … Continue reading Canadian Regulators Warns Crypto Firms Against Gambling-Style Advertisements

Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets

Tagged as the largest cryptocurrency scam on American soil, the BitConnect fraud scheme siphoned more than $2 billion from investors before going underground in January 2018. Victims might feel relieved as the U.S. Attorney’s Office for the Southern District of California, and the U.S. Postal Investigative Service has been granted a court order to liquidate … Continue reading Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets

Pepsi Launches Genesis NFT Collection to Celebrate Anniversary

The NFT space just got a new additional member, as beverage giant Pepsi announced would launch nearly 2,000 NFTs to celebrate the anniversary of the brand initiated by introducing “Pepsi Mic Drop” which happens to be the Genesis NFT collection of Pepsi. In a tweet thread, Pepsi announced that it would be launching 1,893 NFTs to commemorate … Continue reading Pepsi Launches Genesis NFT Collection to Celebrate Anniversary

Canadian Court Extends Rare Order, Freezes up to $20M in crypto to 'Freedom Convoy'

In Canada, Ontario Superior Court has frozen millions of dollars and cryptocurrencies linked to organizers of the Ottawa’ Freedom Convoy’ protest by obtaining a so-called Mareva injunction. Experts said this is the first time Canada has used a rare legal tool against cryptocurrencies. The Mareva injunction was issued by Ontario Superior Court Judge Calum MacLeod … Continue reading Canadian Court Extends Rare Order, Freezes up to $20M in crypto to 'Freedom Convoy'

Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit

Coinbase Global Inc, Coinbase Inc, and Brian Armstrong have been named defendants in a class-action lawsuit filed by three Plaintiffs Louis Oberlander, Henry Rodriguez, and Christopher Underwood. All of whom claim the NASDAQ-listed exchange acted in the capacity of a brokerage for securities without sharing the required risks involved in trading as many as 79 … Continue reading Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit

MetaBunny NFT gaining traction in Thailand

Capturing all the hype from Thailand, a number of popular Thai influencers have shared their keen interests in the MetaBunny NFT project. The NFT project created by HKD.com has certainly gained handsome traction in the Thai NFT community lately, with different crypto-influencers spreading the awareness of MetaBunny and conducting project reviews on the MetaBunny Project. … Continue reading MetaBunny NFT gaining traction in Thailand

Singapore's FOMO Pay Introduces New Crypto Payment Solution for Retailers

Singapore-based major payment institution FOMO Pay has introduced a new cryptocurrency payment solution for retailers in the island city-state. The new payment method will allow retailers in Singapore to accept digital payment tokens (DPT) – the first to be developed by a DPT licensee in Singapore. According to Singapore Legal Advice, “a digital payment token … Continue reading Singapore's FOMO Pay Introduces New Crypto Payment Solution for Retailers

MakerDAO Adds Layer-2 Network StarkNet to Address DAI Transaction Costs

MakerDAO, a major DeFi protocol and the creator of the DAI stablecoin cryptocurrency, announced on Wednesday that it has integrated StarkNet, an Ethereum Layer 2 network (a scaling solution), on its platform. With the integration, MakerDAO said that StarkNet would enhance the multichain capabilities of its dollar-pegged stablecoin DAI and the related functions of Maker … Continue reading MakerDAO Adds Layer-2 Network StarkNet to Address DAI Transaction Costs

SEC Sues 11 Individuals involving Forsage Crypto Ponzi Scheme

The United States Securities and Exchange Commission (SEC) has filed charges against 11 alleged masterminds of the popular Forsage crypto pyramid and Ponzi scheme. As announced by the commission, the charges were filed in the United States District Court in the Northern District of Illinois, and it involved four of the platform’s founders living outside … Continue reading SEC Sues 11 Individuals involving Forsage Crypto Ponzi Scheme

Fed Rate Hike Unclear, Bitcoin Falls Below $21,000

The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June. Bitcoin fell with U.S. stock futures falling as selling emerged during European trading the next day. At the time of writing, the benchmark cryptocurrency was trading at … Continue reading Fed Rate Hike Unclear, Bitcoin Falls Below $21,000

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