Judge denies SEC attempt to hamper Tron’s defense amid dismissal ploy
Justin Sun and his associated companies are “not challenging the ‘common enterprise’ element of the Howey test,” ruled the New York District Judge.
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Cryptocurrency Custodian BitGo Expands Crypto Insurance Policy
Cryptocurrency custodian BitGo now offers insurance for the assets it holds in excess of its $100 million coverage limit.According to an announcement on March 18, BitGo is the first crypto asset custodian to allow its customers to purchase an excess limit above its standard policy.Over $100 million of insurance coverage on cryptoBitGo first launched an…

Markets Looking Grim, Bitcoin Lingers Above $8,000 Mark
Sunday, Sept. 27 — All of the top-20 cryptocurrencies by market cap continue to struggle following the sudden nosedive on Tuesday, Sept. 24.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has not been able to recover from Tuesday’s painful correction, which saw double-digit losses across the board.The most popular crypto coin continues to trade sideways, down by…

Coinbase Bought Neutrino for $13.5 Million, Acquisition Contract Allegedly Shows
Major United States cryptocurrency exchange Coinbase had bought blockchain intelligence startup Neutrino for $13.5 million, according to an acquisition contract reportedly obtained by Bitcoin Magazine on Wednesday, Mar. 6.The legal document, whose authenticity has not been independently verified by Cointelegraph, is dated Feb. 15, and it reportedly provides the exact amount of the two firms’…

OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs
NFT sale volumes are a mere shadow of what they were in previous months, but renewed interest in Bored Ape Yacht Club NFTs and a new Lil Baby Ape Club derivative project could be reversing the trend. 1078 Total views 12 Total shares Crypto Twitter nonfungible token (NFT) influencers have been relatively quiet over the…

OkEx Becomes a Validator in Ethereum 2.0 Testnet
OkEx joins ETH 2.0 Topaz testnet as a validator, as multiple companies race to develop a Phase 0 client before end of 2020. 1887 Total views 47 Total shares OkEx Pool, the staking arm of the OkEx conglomerate, announced that it has joined an Ethereum 2.0 testnet as a Proof-of-Stake validator.As revealed by its April…

Overstock’s tZERO Receives Patent for ‘Crypto Integration Platform’
E-commerce giant Overstock.com’s cryptocurrency subsidiary tZERO has filed a patent for a “crypto integration platform” for trading digital assets. The patent was published by the United States Patent and Trademark Office on Jan. 1.The patent filing describes a system that would be able to receive orders to trade “digital transactional items” — such as securities,…

US Air Force prioritizes blockchain security with new Constellation Network contract
"This contract opens the door to bigger, more critical uses of blockchain for data protection in a global digital infrastructure, bringing forth the true promises of the core technology," said Benjamin Diggles. 1353 Total views 193 Total shares A blockchain-based initiative from the United States Air Force will employ Constellation's Hypergraph Network to provide data…

‘We had to change strategies,’ says SEC enforcement director on recent actions: Report
The SEC has taken enforcement actions against several crypto firms, a move that has been criticized by many U.S. lawmakers and industry leaders. 134 Total views 2 Total shares Gurbir Grewal, director of the United States Securities and Exchange Commission (SEC) division of enforcement, has reportedly said the entire crypto industry was “built around noncompliance,”…