The Block: Tezos Foundation reaches $25 million settlement with investors in ICO lawsuit
Tuesday, 01 September 2020 14:37
The Tezos Foundation has crossed the final leg of a $25 million settlement it initially agreed to in March. The post Tezos Foundation reaches $25 million settlement with investors in ICO lawsuit appeared first on The Block.
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Decrypt Media: Tezos agrees to pay $25 million in damages to investors
Tuesday, 01 September 2020 14:45
The Tezos Foundation will pay damages to plaintiffs and holders who made a loss on their token investments, said court documents.
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ZyCrypto: Poll Shows Most Crypto Enthusiasts Think Governments Pose The Biggest Threat To Bitcoin
Tuesday, 01 September 2020 14:50
Over the last few years, the crypto market has been gaining quite some traction in the global market, with various moneyed individuals and financial institutions moving to invest in the crypto market. Granted, the rise of the crypto market largely owes to Bitcoin’s role as the pioneer…
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The Block: Coinbase CEO confirms development of a service for launching tokens
Tuesday, 01 September 2020 15:06
Coinbase CEO Brian Armstrong has confirmed that the exchange operator is working on an initial exchange offering (IEO)-like service. The post Coinbase CEO confirms development of a service for launching tokens appeared first on The Block.
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ZyCrypto: Tezos Agrees To Pay $25 Million To End Class Action Lawsuit Over Securities Laws Violation
Tuesday, 01 September 2020 15:17
Tezos has reached a settlement with the court to end approximately three years of litigation between Tezos and a group of plaintiffs. The said plaintiffs filed a class-action lawsuit that concerned whether the Tezos (XTZ) cryptocurrency is a security and whether the company conducted its 2017 ICO…
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CryptoVibes: Bitcoin Firm TeraExchange Loses Its CFTC Registration
Tuesday, 01 September 2020 17:25
TeraExchange, a US-based Bitcoin firm recently lost its registration of swap execution facility (SEF) with US equity operators. The company was initially given a license for the product in 2016. License pulled by CFTC The New Jersey-based company became the first firm to be granted a license…
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Decrypt Media: Japan's Evolving View on Blockchain Regulation
Tuesday, 01 September 2020 17:54
Citing the COVID-19 pandemic as a potential use case for blockchain, Japan’s regulators may be signalling greater general adoption of the technology.
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The Block: Bitcoin Core developer Pieter Wuille departs Blockstream to join Chaincode Labs
Tuesday, 01 September 2020 18:08
Pieter Wuille, a long-time developer for Bitcoin Core and a co-founder of Blockstream, is joining the team at Chaincode Labs. The post Bitcoin Core developer Pieter Wuille departs Blockstream to join Chaincode Labs appeared first on The Block.
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The Block: Financial privacy: exchanges & regulation
Tuesday, 01 September 2020 19:13
Quick Take As crypto exchanges face increased pressure from regulators, the opportunities presented by regulatory arbitrage are diminishing Across crypto trading platforms, users are increasingly required to disclose personal information to keep accounts open. The amount of sensitive information that users need to provide is also increasing…
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The Block: SEC’s Hester Peirce on DeFi: ‘I think it’s going to challenge the way we regulate’
Tuesday, 01 September 2020 21:47
Quick Take The Block interviewed Commissioner Hester Peirce of the Securities and Exchange Commission this week to learn more about the agency’s views on decentalized finance, or DeFi While it’s early days, Peirce said the Commission is taking notice — and DeFi is posing game-changing questions
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