Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO
Apr23

Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO

Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO Rejects ICO Allegations The...

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Nominee to New York Federal Reserve Claims That Crypto Isn’t Currency
Apr23

Nominee to New York Federal Reserve Claims That Crypto Isn’t Currency

The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency. Also Read: Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA Settlement New York Federal Reserve Nominee Rejects Cryptocurrencies as ‘Currencies’ Mr. Williams, the man...

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Do Crypto Trading Bots Really Work?
Apr23

Do Crypto Trading Bots Really Work?

Bots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. Mt Gox famously had the Willy Bot manipulating merrily, perennial bear Bitfinexed sees bots everywhere, and crypto traders are prone to boasting about the sick returns they’ve raked in from their proprietary arb bots. There’s no doubt that bot activity is very real. But is it profitable? Also...

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Bitcoin Payments Are on the Rise in the Baltics
Apr23

Bitcoin Payments Are on the Rise in the Baltics

Cryptocurrencies are gaining popularity in the Baltic states where no comprehensive regulations have been introduced yet. Businesses from multiple sectors, including real estate, online trade, the hospitality industry, and even healthcare, are taking advantage of crypto payments. Some companies from the region are already offering their services globally.    Also read: Blind Denial of Cryptocurrencies Leads Nowhere, Bank of...

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This Week in Bitcoin: Taxes, Forks, Pranks and Porn
Apr23

This Week in Bitcoin: Taxes, Forks, Pranks and Porn

Bitcoin in Brief is your roundup of everything that matters from all over the vast cryptosphere that you might have missed. This week’s daily editions included stories about taxes, forks, pranks, porn and so much more. This weekly edition will bring you up to speed with everything covered; just make sure you keep up. Also Read: Robinhood App Expands Cryptocurrency Trading to Another US State A Panther’s Moonshot Bet On...

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