faces

Is Bitcoin going 'in reverse' as it faces 'first real test' in El Salvador

Is Bitcoin going ‘in reverse’ as it faces ‘first real test’ in El Salvador

El Salvador’s adoption of Bitcoin as legal tender earlier this week made the whole cryptocurrency community rejoice. While many believe this to be an important milestone in the path towards financial freedom, some have suggested that other countries should follow suit too. Even so, it’s worth noting that the aforementioned roll-out hasn’t escaped criticism. Most …

Is Bitcoin going ‘in reverse’ as it faces ‘first real test’ in El Salvador Read More »

Bitmain faces investigation in Taiwan over alleged talent-poaching conduct

Bitmain faces investigation in Taiwan over alleged talent-poaching conduct

The Taiwan New Taipei District Prosecutors Office has launched an investigation into bitcoin mining hardware maker Bitmain’s human resources conduct in the region. According to Taiwan’s Central News Agency on Tuesday, the prosecutor inspected seven offices of two locally incorporated companies that have direct relationships with Beijing-based Bitmain, as well as 19 Taiwanese executives who …

Bitmain faces investigation in Taiwan over alleged talent-poaching conduct Read More »

Coinbase faces class action lawsuit in California over XRP sale

Coinbase faces class action lawsuit in California over XRP sale

A new lawsuit in California federal court alleges that Coinbase violated the state’s unfair competition laws by making a commission from the sale of Ripple’s XRP. Ripple was recently sued by the Securities and Exchange Commission (SEC) for allegedly issuing XRP as an unregistered securities offering. The new class-action suit was filed by Thomas Sandoval, …

Coinbase faces class action lawsuit in California over XRP sale Read More »

Ethereum faces inevitable drop to $187 with low re-test probability at $170

Ethereum faces inevitable drop to $187 with low re-test probability at $170

The last couple of days in the month of April laid down the foundation for Ethereum’s rally in May, but the world’s largest altcoin has been rather disappointing over the past week. After hiking by 15 percent on 30 April, ETH’s valuation plunged by over 5.66 percent over the last 6 days. With bullish momentum …

Ethereum faces inevitable drop to $187 with low re-test probability at $170 Read More »