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Investors Say Lawsuits May Follow as Telegram Boss Concedes TON Defeat
13.5.2020
Telegram and its owner Pavel Durov have officially sounded the death knell for the company’s Telegram Open Network (TON) blockchain platform and its Gram token. But investors and other experts claim that a slew of lawsuits may follow as the company attempts to appease investors who stumped up...
BitMEX CEO Expects Investors to Follow Paul Tudor Jones’ Move to Bitcoin
9.5.2020
BitMEX’s CEO expects that Paul Tudor Jones will bring more big investors to the crypto market by investing in Bitcoin
Dogecoin (DOGE) Fascinates Investors; Time to Book Some Profit?
8.5.2020
The same Bitcoin, which found it difficult to fight the bears in mid-March while ranging around $6000 has made a strong point regarding its strength as it climbed above $9800 lately Altcoins are trying to follow suit; a few of them are still playing low key; rest are holding a bullish sentiment...
Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
8.5.2020
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8%...
Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion
7.5.2020
On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward...
CFTC Claims ‘Massive Fraudulent’ Scheme Defrauded Investors of $20M
7.5.2020
The CFTC alleged three individuals and affiliated entities defrauded crypto and binary options investors out of $20 million over 5 years
New Portfolio Management App Targets Investors With Just $25 to Spend
7.5.2020
Simplified crypto portfolio app hopes to attract new users to the space by targeting investors with as little as $25
Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO
6.5.2020
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal,...
5 Reasons Why Institutional Investors Refuse to Join the Crypto Sector
5.5.2020
Crypto advocates say Bitcoin will moon once institutions embrace the sector but what’s really happened since CME, Fidelity, BAKKT, and Grayscale arrived?
Telegram Forces US Investors to Take 72% Refund and Exit Gram Token Project
5.5.2020
Telegram is now forcing U.S investors to immediately exit its TON blockchain project by accepting a 72% refund on their original investment. The encrypted messaging platform’s unexpected volte-face also disqualifies American investors from the loan option, which promised a 110% refund either...
Bitcoin Briefly Hits $9K, Investors Remain Bullish
5.5.2020
The cryptocurrency has again failed to keep gains above $9,000 even as active bitcoin addresses spike to 11-month highs
Bitcoin Fails at $9K Hurdle Again, But Data Suggests Investors are Bullish
5.5.2020
The cryptocurrency has again failed to keep gains above $9,000 even as active bitcoin addresses spike to 11-month highs
Telegram Withdraws Offer to Repay Investors With Gram Tokens
5.5.2020
Telegram says it won't be repaying investors in its 2018 TON token sale in gram tokens, one week after saying it could do so once the network launches
Telegram Won’t Let American TON Investors Get 110% Refund in 2021
4.5.2020
American TON investors will be reportedly only eligible for an immediate 72% repayment instead of a 110% refund option in April 2021
SEC Commissioner Sees Increasing Demand for Cryptocurrency
1.5.2020
Crypto-friendly commissioner with the U.S. Securities and Exchange Commission (SEC), Hester Peirce, said there is an increase in demand for cryptocurrency as investors seek to diversify their portfolios. The commissioner has been an avid proponent of the SEC approving bitcoin exchange-traded funds...
Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan
1.5.2020
While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors
Telegram to Pay Back Investors 110% After Gram Token Launch Fails – Again
30.4.2020
Telegram has offered to refund investors after its scheduled release of the Gram token failed – again – due to regulatory complications. Investors will immediately receive 72% of their stakes, as first option, or 110% if they choose to wait another year. The second option may be paid...
Telegram Offers ICO Investors Refund or Option to Hang On Till April 2021
30.4.2020
Investors who choose to “loan’ their investment to Telegram for 12 months may be able to redeem it for Grams or another cryptocurrency in future
Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors
30.4.2020
Telegram is delaying the launch of its TON blockchain for a second time, and offered to repay investors up to 72 percent of their funds back after losing an initial court fight with the
Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos
29.4.2020
Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank Switzerland