Monthly Archives: February 2019

Ripple Scores Minor Victory in US Securities Class Action

A judge has ruled that an ongoing class action lawsuit against Ripple must remain in federal court, potentially giving the payments firm a slight advantage going forward. U.S. District Judge Phyllis Hamilton, of the Northern District of California, ruled Thursday that a class action lawsuit filed against Ripple and affiliated subsidiaries and individuals would not… Read More »

Angry Bitcoin Fans Delete Coinbase Accounts to Protest Neutrino Acquisition

The battle cry #DeleteCoinbase is resounding across crypto Twitter as bitcoin users close their exchange accounts to protest a controversial acquisition by the exchange. These users are upset with Coinbase for acquiring Neutrino because that blockchain analytics outfit’s executive – CEO Giancarlo Russo, CTO Alberto Ornaghi, and CRO Marco Valleri – previously spearheaded projects for… Read More »

Ethereum Developers Start Search for New Hard Fork Coordinator

Developers in the ethereum community are seeking a new specialist to help coordinate major software upgrades. Following the departure of core developer Afri Schoedon from the open-source project in late February, ethereum developers discussed the issue of who would take his place in coordinating hard forks, or system-wide software upgrades, in a meeting Friday. Schoeden… Read More »

Mark Karpeles Fails to Halt US Court Case Over Mt Gox Losses

Mark Karpeles, the former CEO of bankrupt bitcoin exchange Mt. Gox, has been refused a motion to stay a U.S. court case brought by former investors. Earlier this week, Karpeles had filed the motion to stay in “light of ongoing civil rehabilitation proceedings in Japan that are likely to provide full recovery” to the plaintiffs,… Read More »

Bitcoin Awaits Decisive Price Move as Trading Range Tightens

View Bitcoin’s retreat from highs near $3,900 seen yesterday has poured cold water over the bull mood generated by Wednesday’s quick recovery from lows near $3,650. Therefore, the immediate outlook is neutral. A UTC close above $3,897 (previous day’s high) would validate Wednesday’s long-tailed candle and open the doors to re-test of the last week’s… Read More »