Binance.US faces class-action lawsuit over UST, LUNA promotion and sale
Over 2,000 investors have signed up for the lawsuit, which accuses Binance of employing a market strategy of misleading as many investors as quickly as possible.
Over 2,000 investors have signed up for the lawsuit, which accuses Binance of employing a market strategy of misleading as many investors as quickly as possible.
Coinbase has tossed nearly one-fifth of its workforce overboard as the struggling digital currency exchange struggles to stay afloat following inept leadership decisions.
Andresen was one of the earliest Bitcoin developers and advocates. He got involved with Bitcoin in 2010 and had interacted directly with Satoshi via forum posts and private messages.
George Samuels went over why the "patent war" in the enterprise blockchain space is an important one to watch and why most of the digital currency market is asleep at the wheel.
Rain Financial Inc., described as one of the biggest digital currency exchanges in the Middle East, says the layoffs were necessitated by the market downturn.
Combining the recent events and loan Coinbase took from Goldman Sachs, Joshua Henslee speculates that the company is in need of money and Coinbase insiders dumped because they know there’s trouble ahead.
In his recent video, BSV developer Joshua Henslee gives a high-level overview of the Federal Reserve, central banks, and how the debt-based money system works.
Coinbase reported a loss of US$430 million in Q1 2022 as revenue slipped 27% compared to a year ago, and the stock ($COIN) has now lost 70% of its value since March.
Cryptocurrency exchange Coinbase lost close to half-a-billion dollars in the first quarter of 2022, which helped push its stock price down to less than one-fifth of the all-time high set a little over one year ago.
Jerry Chan, former Wall Street technologist at Goldman Sachs, shares his own analysis on the case filed by Dr. Craig Wright against Coinbase and Kraken.
Coinbase can't simply dismiss or ignore Dr. Craig Wright’s claim, that they'll have to acknowledge the suit and inform their investors about the potential risks, Joshua Henslee noted in his latest video.
Coinbase’s refusal to respect Dr. Craig Wright’s intellectual property rights could result in the digital currency exchange facing liabilities that vastly exceed any profits derived from its ill-conceived strategy.