Tag Archives: Companies

EtherDelta Founder Charged with Operating ‘Unregistered Securities Exchange’

The Securities and Exchange Commission (SEC) pressed formal charges against Zachary Coburn, the founder of cryptocurrency trading platform EtherDelta, for not registering his company as a national securities exchange.   Required to Register According to an official press release, the SEC has taken action against the founder of digital token trading platform EtherDelta, Zachary Coburn. According to the… Read More »

Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3

Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue. Square Finally Sees Profits Hotly following the news that Square had leapfrogged the market cap of  Twitter, the company released it’s Q3 2018 Results. The first ever quarterly profit of $20… Read More »

Blockchain Wallet Announces $125M Stellar Lumens (XLM) Airdrop

Blockchain plans to distribute $125 million worth of Stellar Lumens (XLM) to its 28 million users who register for the historic airdrop. What a Stellar Idea! Cryptocurrency wallet provider Blockchain is planning to host what it calls the “largest crypto giveaway in history.” The company intends to disperse $125 million in Stellar Lumens (XLM) to Blockchain wallet users… Read More »

Square Surpasses Twitter in Market Capitalization

Jack Dorsey’s social media platform Twitter has been outperformed by his other company – the financial services provider Square. A Strategic Move Jack Dorsey’s Bitcoin-integrated financial services company Square has more than doubled its value since it allowed users to buy and sell Bitcoin (BTC) 00 back in 2017. According to data from Yahoo Finance, the company’s share… Read More »

First Bitcoin-Backed Loan Issued in Canada

The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan a ‘Game Changer’ Canadian company Ledn, has purportedly become the first and only local lender to issue Canadian dollar loans using Bitcoin as collateral, according to local media Wealth Professional. Bylls CEO, Francis Pouliot The loan was… Read More »

BitMEX Research Launches New BTC/BCH Fork Monitoring Website

BitMEX has officially announced the launch of a new BitMEX-sponsored website called ForkMonitor.info, which may be used to keep track of the happenings surrounding both softfork and hardfork network upgrades for Bitcoin (BTC) and Bitcoin Cash (BCH).  Bitcoin Cash (BCH) is the star of the new website, however, as ForkMonitor runs eight BCH nodes, versus five BTC notes. This… Read More »

Scam Me Once: Twitter Promotes Fake Elon Musk’s ‘Bitcoic’ Giveaway

Twitter has come under fire from cryptocurrency commentators once again after the social network began actively promoting an ongoing scam involving a Bitcoin giveaway. ‘Elon Musk’ Offers Millions of Dollars in ‘Bitcoic’ The scam, which has involved various accounts in recent weeks, currently revolves around a fake Elon Musk account using the hijacked Twitter handle of publishing house… Read More »

Bitly Blocks 200 Links From Andreas Antonopoulos’ ‘Mastering Ethereum’

Bitly (bit.ly) has come under fire from cryptocurrency circles after the business appeared to block all the links from Andreas Antonopoulos’ new book. Bitly Silent On Surprise Block Antonopoulos, who is weeks away from publishing his latest guide, ‘Mastering Ethereum,’ publicly took issue with the URL shortening service and link management platform on social media after a tip-off about it… Read More »

Charlie Shrem To ‘Vigorously Defend Himself’ After $32M Winklevoss Lawsuit

Charlie Shrem, the early Bitcoin adopter and advocate who spent a year in prison for alleged facilitation of drugs purchases with Bitcoin, faces a $32 million lawsuit from Tyler and Cameron Winklevoss. Winklevoss Twins: Shrem ‘Stole 5000 BTC’ As the New York Times first reported November 2, Shrem, who previously worked with the billionaire twins on his ill-fated… Read More »

Tether Announces Relationship With Deltec Bank in the Bahamas

On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on Thursday, November 1st. Early in the day on Twitter, the firm confirmed a new banking relationship with Deltec Bank & Trust Limited (Deltec), which has a headquarters in the Bahamas. We are… Read More »