US court dismisses Bancor digital currency fraud case
The judge said the plaintiffs had failed to prove their losses arising from the alleged fraud, and that they lacked the necessary personal jurisdiction to bring the action on behalf of the class.
The judge said the plaintiffs had failed to prove their losses arising from the alleged fraud, and that they lacked the necessary personal jurisdiction to bring the action on behalf of the class.
The ongoing climate of uncertainty around crypto regulation in the U.S. is stifling innovation in its ecosystem, according to Bancor.
While many are still finding more potential for blockchain technology, Sarafu Network seems to have successfully implemented the technology to run a crypto-based Universal Basic Income.
Richard Gardner says despite all the rave over decentralization, some things are still best left with a certain level of centralized management for protection—especially at a time when regulation is right around the corner.
Decentralized cryptocurrency exchange Bancor has reported a security breach that resulted in the loss of an estimated $13.5 million worth of cryptocurrencies.