Crowdfunding Boxing superstar Floyd Mayweather and rap producer DJ Khaled face a legal battle for serving as celebrity endorsers to an initial coin offering (ICO) accused of fraud. The founders of the allegedly fraudulent ICO were arrested by American criminal authorities back in April. Also Read: The Daily: Goldman Sachs Invests in Wallet, Institutional Traders
Rebranded from RaiBlocks (XRB) to Nano (NANO) for a more friendly and easier to pronounce approach, the speedy coin has impressed the crypto-verse with its technological potential many times. The Core Team wanted a name that represented the simplicity and speed of the project, and Nano does just that. The new logo uses several nodes,
Crowdfunding The great ICO rush of 2017 and early 2018 is over. The euphoria, the unironic cries of “When Binance?”, and the 10x returns are now a thing of the past. Epic gains and moon missions have been replaced by acrimony, recriminations and, increasingly lawsuits, both real and threatened. Also read: BTC: 36% in Circulation Lost,
Finance Visa and Mastercard have run up the mother of all credit card bills. The monopolistic payment providers had been embroiled in a long-running lawsuit instigated by merchants protesting their excessive fees. The credit card giants have now conceded defeat and agreed to settle the price-fixing case for a whopping $6.2 billion. Also read: Raising the
Altcoins Ripple Labs, Inc is big on decentralization right now. Stung by criticism that XRP is a centralized currency, and the very real risk that an ongoing lawsuit could see it ruled a security, Ripple has been on the offensive. Its latest effort to disambiguate Ripple the company and ripple the coin has seen Chief
News Playboy is reportedly suing a Canadian cryptocurrency firm for allegedly failing to integrate a “wallet that would support a range of cryptocurrencies across the company’s online media, digital and casual gaming businesses.” Playboy.tv was supposed to be the first of the company’s platforms to feature the new crypto wallet and payment options. Also read: Yahoo!