The cryptocurrency stable coin issuer Tether has received a request from prosecutors asking to consolidate the multiple lawsuits against the company into one. Tether did not deny the request. It currently faces three separate lawsuits. Tether released a statement on January 17, 2020. In it, the firm stated that it…
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99Crypto
Grayscale Investments Have Profitable Quarter Thanks To Bitcoin
Grayscale Investments, which is a venture capital firm in New York, had a great 2019. It managed to bank more than $1 billion in its total investments. The firm just released an 18-page report. In it, the firm explained the details of the fourth quarter of 2019. It raised $225.…
Sacramento Kings reinvent sports gear auctions with blockchain
Although the National Basketball Association has a relatively small market when looked at as a global business, the Sacramento Kings have found a way to raise money with the use of blockchain. They are at it again and will initiate a live auction for gear with an app that is…
SEC Warns Public Regarding IEOs
A warning from the SEC’s (United States Securities and Exchange Commission) Investor Advocacy and Education branch was sent out today that urged citizens to be cautious regarding initial coin offerings. The SEC said that citizens should be careful investing in IEOs, as claims of new financial products and technologies…
Some Predictions About Stable Coins for the Year of 2020
In 2020, circulation will continue to be the main challenge for all cryptocurrencies; one of the best ways to boost circulation is through gaining acceptance at major e-commerce websites, and this is something that the controversial token known as Tether recently accomplished. The next time you book a hotel room…
Info for Crypto Traders About the New EOS Blockchain System
In the blockchain development world, a lot of attention is focused on Ethereum and Bitcoin, but we should not lose track of innovative projects such as the EOS blockchain, which recently rolled out EOS.io 2.0, the latest release of a smart contracts network that can handle transactions 16…