Ripple failed to dismiss the lawsuit alleging XRP tokens are unregistered securities. The action could “upend and threaten to destroy the established XRP market,” said the motion.
The U.S. Securities and Exchange Commission (SEC) announced that it has settled charges with actor Steven Seagal for failing to disclose payments he received for promoting an initial coin offering (ICO) back in 2018.
The actor paid a $314,000 penalty for promoting Bitcoiin2gen, a controversial ETH-based token that implemented a multi-level marketing scheme to recruit ICO backers.
Seagal Not Above the LawThe 69-year-old actor has been charged for failing to disclose payments he received for promoting an ICO conducted by Bitcoiin2Gen (B2G).
Chinese cryptocurrency exchange FCoin and its futures trading platform will be relaunching after announcing insolvency earlier this month. An interim committee consisting of community representatives will be in charge of the matter, converting users’ assets into either creditor’s rights or equity.
The American Securities and Exchange Commission (SEC) has rejected yet another Bitcoin ETF application. This time, Wilshire Phoenix, a New York-based investment firm, bore the brunt of the agency’s ruling.
SEC Commissioner Hester Peirce believes the dismissal is unfounded and “evinces a stubborn stodginess in the face of innovation.”
The Stellar Development Foundation has announced a $715,000 investment in DSTOQ, a Stellar-based FinTech project that allows users to invest in traditional stocks with fiat and cryptocurrency.
Stellar revealed the news on its official blog and in a video from CEO Denelle Dixon.
Samsung has introduced a new, state-of-the-art chip that will improve the security of its smartphones for storing Bitcoin and Ethereum private keys, helping long-term adoption.
Cryptocurrency Security Sees BoostSamsung, the largest electronics manufacturer in the world, has announced the introduction of a new security solution designed to protect data stored in on its smartphones.
Tezos and Chainlink are some of the biggest losers in the recent cryptocurrency market downturn. Are they bound for a steeper decline?
Tezos Signals Further CorrectionFrom a long-term perspective, the parabolic stop and reverse, or “SAR,” has just presented a sell signal on XTZ’s 3-day chart. Every time the stop and reversal points move above the price of an asset, it is considered to be a negative sign.
This bearish formation indicates that the direction of the trend for Tezos changed from bullish to bearish.
Cryptocurrency exchange BTSE announced that it will host its initial exchange offering (IEO) on the Liquid Network in March. It will be the first token issued on Liquid, Blockstream’s Bitcoin sidechain.
BTSE Token SaleBTSE, a multi-currency and crypto derivatives exchange, will begin selling its exchange token in March.
MoneyGram International has published its full-year results, disclosing payments from Ripple totaling $11.3 million over the last two quarters of 2019.
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