The 100x Group is looking to revamp the ‘traditional’ financial system, although it remains unclear how they plan to do this.
Digital currency exchange and trading platform BitMEX has been on the receiving end of two lawsuits within the last six months.
What started as a case with one plaintiff has evolved into a case with two supposed seed investors claiming they were cheated by BitMEX.
The exchange will stop new account registrations on April 30, while existing users can no longer take new positions from May 1.
A New York law firm last Friday filed class action suits against 11 well-known companies in the digital asset industry.
CoinDCX has raised $3M in Serie A funding, led by Polychain Capital and HDR Group, the operator of BitMEX. It plans on expanding and doubling its staff.
BitMex has upset their customers with recent outages, and it’s unclear if their excuse has made it any better.
With the FCA’s warning against BitMEX still standing, a history of scandal and regulatory problems is coming back to bite the exchange.
The cryptocurrency exchange and its founder are facing legal action from an early investor, follow allegations of fraud.
From egregious and amateurish errors to global regulatory changes, the Bitcoin ecosystem has seen a lot of activity this week.