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Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts


The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...

Bitcoin Jumps 10% Again, Outperforms Major Altcoins


Source: iStock/hocus-focus The most popular cryptocurrency, bitcoin (BTC), for the second time this week rallied c. 10% in around 7 hours, leaving all major altcoins behind. At pixel time (18:33 UTC), bitcoin trades at c. USD 7,572 after touching almost USD 6,900 earlier today. The price is up...

European Crypto Exchange Bitbay Ends Monero Trading due to Anonymity Features


Authorities around the world are trying to stamp out online anonymity in various ways, sacrificing users’ privacy for alleged security. One of these ways is forcing digital asset exchanges to drop support for some cryptos, as European venue Bitbay is now the latest to do with monero. Also...

It's Best Time Ever to be a Black Friday Bitcoin Shopper


Turns out, there are all sorts of things one can pay for with their crypto, with options increasing each holiday season. Admittedly, we’re still far from being able to buy absolutely all we need/want, but we’re definitely closer than ever. Thursday, November 28 is Thanksgiving in the United States...

Kenya Finds a New Way to Use Blockchain, Launches 'Local Currencies'


Blockchain-backed “local currencies” have been introduced to some of Kenya’s poor communities as a solution to the lack of hard cash. And, who knows, this may be an incentive for these people to eventually adopt real cryptocurrencies, such as Bitcoin (BTC). Reuters has reported on this interesting...

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