Monday, 6 April 2020

Bitcoin News Summary – April 6, 2020 The post Bitcoin News Summary – April 6, 2020 appeared first on 99 Bitcoins.  Binance acquired the leading cryptocurrency price reporting website, CoinMarketCap. Binance paid a reported $400 million for the site, which has been running since 2013. The site is currently ranked as the 570th most popular on the web. Both entities will remain entirely independent, according to the official releases. Fintech pioneer, Revolut, enabled crypto and [...]

The post Bitcoin News Summary – April 6, 2020 appeared first on 99 Bitcoins.

 Binance acquired the leading cryptocurrency price reporting website, CoinMarketCap. Binance paid a reported $400 million for the site, which has been running since 2013. The site is currently ranked as the 570th most popular on the web. Both entities will remain entirely independent, according to the official releases. Fintech pioneer, Revolut, enabled crypto and [...]



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Bitcoin is very lucky and very unlucky at the same time: lucky - because it did not see any recession in its life time, giving it time to grow. Unlucky - it is about to face a apocalyptical financial downturn when it is still in its infancy, many problem to solve before it can do any heavy lifting.

submitted by /u/WorldSpark
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Are governments just going to be printing cash to fund the coronavirus economic collapse? I don't understand the jargon.

submitted by /u/kcito
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Future Cross Collateral locked?

submitted by /u/nmjchbu
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source https://www.reddit.com/r/btc/comments/fvrsjx/future_cross_collateral_locked/

Bitcoin.com Lays Off Half Of Its Workforce With Bitcoin Cash Halving Only 4 Days Away

Bitcoin.com Lays Off Half Of Its Workforce With Bitcoin Cash Halving Only 4 Days Away submitted by /u/busterblockchain
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source https://www.reddit.com/r/btc/comments/fvrlev/bitcoincom_lays_off_half_of_its_workforce_with/

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https://preview.redd.it/b2faskutz3r41.png?width=1280&format=png&auto=webp&s=5c9300cc290d83f190b44ec7c945654de6d8afa6

submitted by /u/clarissejoy
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source https://www.reddit.com/r/btc/comments/fvqj57/bexpress_inc_trading/

Class-action lawsuits filed against Binance, Tron, Block.one, BitMEX (price manipulation) + 7 others!

This is only a summary of the lawsuits but I’ve included links to the original filings themselves and a more in depth article at the end. It’s important for everyone to stay informed.

The filing against Binance claims that the cryptocurrency exchange sold securities without a license.

https://wp.decrypt.co/wp-content/uploads/2020/04/binance-120-cv-02803.pdf

Tron sold TRX in an initial coin offering, while Tron kept 35% of the TRX tokens for itself, according to the lawsuit.

https://wp.decrypt.co/wp-content/uploads/2020/04/Clifford_et_al_v_Tron_Foundation_et_al__nysdce-20-02804__0001.0.pdf

This lawsuit claims that Block.one promoted, offered and sold the EOS token in the US. It refers to the $24 million settlement between Block.one and the SEC over this issue.

https://wp.decrypt.co/wp-content/uploads/2020/04/Williams_et_al_v_BlockOne_et_al__nysdce-20-02809__0001.0.pdf

The lawsuit filed against HDR Global Trading (Bitmex) claims that the firm sold securities without registering as a securities exchange.

***The lawsuit makes further claims about price manipulation. It asserts that BitMEX traded against its own customers, via its trading desk, which was only revealed to exist in 2018.

https://wp.decrypt.co/wp-content/uploads/2020/04/Zhang_et_al_v_HDR_Global_Trading_Limited_et__nysdce-20-02805__0001.0-1.pdf

Article with more info- https://decrypt.co/24532/class-action-lawsuits-filed-against-7-bitcoin-companies

submitted by /u/undergroundinvesting
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