Eleven class-action lawsuits targeting crypto exchanges and cryptocurrency issuers were filed Friday (April 4) in Manhattan’s U.S. District Court. The plaintiffs, who are investors with the companies, allege the companies sold unregistered securities that totaled in the billions, according to published reports. In other crypto...
OneConnect Financial Technology and China Merchants Port Group (CMPort) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. The program will pull in data from Chinese custom services, port operators, logistics companies, financial institutions and export and import firms,...
Blockchain company Binance has acquired the CoinMarketCap cryptocurrency data tracking website, according to an announcement. CoinMarketCap, which is a source for digital currency prices and exchange trading volume, will be kept operating as an independent business entity. The announcement noted that the Binance digital currency...
Spending at darknet markets declined during the past two months even with a drop in the price of the digital currency, per Chainalysis data, as the coronavirus pandemic has impacted every part of the global economy, CoinDesk reported. Darknets are websites that facilitate the sale...
Manetu, a data privacy startup, reportedly just notched $3.5 million in seed funding, but distributed ledgers only have a small function in the company that will reportedly launch in April even though its team has blockchain expertise, Coindesk reported. The firm is not heavy on...
The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. The organization said that “the aim is to explore the potentialities offered by this technology, and to identify...
The World Health Organization (WHO) is working with blockchain and other tech companies on a program to help convey data about the ongoing COVID-19 pandemic, which it is calling MiPasa. The program is a distributed ledger technology (DLT) that will hopefully help with early detection...
Cryptoasset data and infrastructure provider Coin Metrics has notched $6 million in funding, according to an announcement from the company. The company said the raise would be used to grow its product offering, bolster its team and offer “enhanced coverage of digital assets,” the announcement...
Nexo, the digital currency lending platform, is now letting retail investors utilize PAX Gold as loan collateral, Cointelegraph reported. Last year, an experimental program had been restricted to institutional customers and reportedly experienced instant demand for its credit lines backed by gold. Now, the program’s growth to...
