JPMorgan Loses USD 2.5M in Crypto Case, Dragonchain on Science Channel + More News
29.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
Major investment bank JPMorgan Chase has agreed to pay USD 2.5 million to settle a class-action lawsuit over...
UK Court Drops Craig Wright's Appeal Against Roger Ver
29.5.2020
Calling Wright a “fraud” is not a UK-related matter, the Court of Appeal of England and Wales rules
Washington Warned: Launch Digital Fiat or Say Goodbye to USD Dominance
29.5.2020
Source: Adobe/salomonus_
A group pushing for the United States to adopt a digital dollar has warned that failure to launch a central bank digital currency (CBDC) could cost the country dear – and could see the USD lose its status as the world’s reserve currency.
In its first white paper,...
NGRAVE Hard Wallet Hits 450% of Crowdfunding Goal Within Two Days
29.5.2020
A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch
In Trump Versus Twitter, Decentralized Tech May Win
29.5.2020
Campaigners against Section 230 said Trump’s intervention might derail their cause, but it could offer an opportunity for decentralized tech
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
The Worst Crisis in a Century Is Setting the Stage for Bitcoin
29.5.2020
The world’s existing economies are suffering due to the COVID-19 pandemic, which has revealed the main benefits of decentralized tech and crypto
Discovery Science to Premier Crypto-Funded TV Series About … Dragonchain?
29.5.2020
A new TV series tracking the story of Disney-linked blockchain firm Dragonchain was fully funded in cryptocurrency. It's scheduled to go live July 4 on Discovery Science
Maker Rallies 30% in One Hour Amid Upcoming Coinbase Pro Listing
29.5.2020
The price of Maker has surged 30% in less than one hour following news of forthcoming listings on Coinbase Pro
SEC Orders ICO Startup to Return $25.5M to Investors
29.5.2020
The United States Securities and Exchange Commission ordered crypto firm BitClave to return $25.5 million to investors
‘Passwordless Login’ Startup Magic Raises $4M From Naval Ravikant, Placeholder
29.5.2020
Ethereum startup Magic just raised $4 million from investors like Naval Ravikant, SV Angel, Placeholder and Volt Capital to make passwords less of a pain
Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC
29.5.2020
The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system