A Teacher of Albeda College Rotterdam Vocational Training Center in the Netherlands was fired and fined by a court. As the teacher was encouraging his students to participate in pyramid schemes with cryptocurrencies, including OneCoin. This was confirmed on May 1 by a ruling of the Court of Rotterdam, which...
On April 30, A lawsuit that Alibaba Group Holding, filed a case in the US District Court in Manhattan. where it accuses a Dubai-based company of using its trademark, was rejected. The court Permitted to conduct an initial offer of currency (ICO) under the name of “Alibabacoin”. Court Ruled in...
Revolut is a London-based startup on digital banking and crypto services. The company raised an investment of $250 million. The company is now valued at $1.7 billion. Services of Revolut Revolut launched in July 2015. Its services are : * Pre-Paid Debit cards (MasterCard or Visa). * fiat currency exchange. * cryptocurrency buying...
Sequoia Capital sued Zhao Changpeng , Founder of Binance a Cryptocurrency Exchange. This legal action took place due to a funding that went wrong. Binance is one of the fastest growing startups. Zhao Changpeng founded Binance nine months ago. Sequoia is California-based company and has backed companies like Google, Airbnb, and...
JPMorgan Chase Former head of blockchain program, Amber Baldet worked for 6 years connecting finance with cutting-edge technologies. On Monday at a conference, her talk was on achieving privacy using blockchain technology. As Reported by Bloomberg, Businesses are currently working on blockchain application and there is no news about it...
Bitcoin, as well as other cryptocurrencies, have been on a recovery path. As a result, most of the cryptocurrencies are bouncing back from the lows created just the weeks back. Same is the case with Bitcoin. It has hit an level of even $ 8700 in the recent bounce back. However,...
