Mining
Lawsuit Accuses Crypto Heavyweights Bitmain & Roger Ver of Hijacking Bitcoin Cash
A company by the name of UnitedCorp is taking a number of Bitcoin Cash actors to court today, filing documents that very clearly outline what they believe to have been a conspiracy which worked out to their detriment. UnitedCorp is short for United America Corporation, a Florida firm which works in experimental blockchain technologies including […]
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Mining
Coinbase CTO: ‘BUIDL’ Trademark Will be Given Back to Crypto Community
CCN.com previously reported on a move by Coinbase to trademark the crypto rallying cry “BUIDL,” but it turns out there’s nothing to fear. According to Coinbase CTO Balaji Srinivasan, Coinbase has no interest in actually using the trademark in any way that prevents others in the community from using it themselves. They’re doing so for […]
Mining
Why Crypo Matters: $15M Raised for Bus Crash Victims — $480k Fee Charged
On November 28, a judge in Canada approved the distribution of $15.1 million to the families affected by the tragic bus crash occurred in Tisdale, Canada. But, around 2.9 percent of the payment was used to cover transaction fees, demonstrating the merit of transactions using crypto. PayPal and other widely utilized payment processors require 2.9 […]
Mining
SEC Slaps Crypto Firm with $50,000 Fine for Selling Unregistered Securities
The Securities and Exchange Commission (SEC) issued a cease-and-desist order against a crypto investment fund for distributing unregistered securities. The US securities regulator also slapped CoinAlpha Advisors LLC, a Delaware-based blockchain financial products company, with a $50,000 fine. According to the SEC order, CoinAlpha declined to register its business, which involved investing in and distribution […]