The plaintiff filed a lawsuit of $150 million for disciplinary and cautionary damages against FTX Exchange. The exchange charged for probing non-licensed securities and for manipulation, per the documents - “Defendants, and each of them were caught red-handed when, at about 21:00 EDT on September 15, 2019, and acting in furtherance of the manipulative and deceptive scheme as alleged hereinabove, Defendants, and each of them, made two illicit unsuccessful attempts to manipulate prices of Bitcoin futures listed on Binance cryptocurrency futures exchange.” Source: TheCoinRepublic |
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So many things going on in cryptocurrency market, there is another news hit the market today, Ripple’s Investment arm has recently acquired san Francisco based Blockchain development startup, Strata labs. The Acquired team will commence their work with the ripple team in the San Francisco based office of Ripple. The teams will henceforth focus on creating a working model of IPL Network that will be accessible to a wide range of People. Source: TheCoinRepublic |
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Lisk is a platform that allows developers to easily build and deploy decentralized applications dApp in Javascript. Perhaps the greatest battle in the business is getting developers up to speed on building blockchains and understanding the granular codebases in the engine. Source: TheCoinRepublic |
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The experts of the Ripple reasoned that the XRP is a lot more secure and quicker alternative than other fiat money when it comes to cross border remittance, Ripple specialists said that its token XRP is a superior alternative for global installments. The XRP is multiple times less volatile when contrasted with conventional monetary standards during cross-fringe settlements. Source: TheCoinRepublic |
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The CEO of the Galaxy Digital and an extremely rich person, Michael Novogratz expressed that the inspecting of the cryptocurrency by one of the biggest and well-known espresso chain Starbucks for its user’s app is a major thing for the benefit class. “Follow this space. This is a big deal. Crypto acceptance is coming. Bakkt to launch consumer app in the first half of 2020; will test the product with Starbucks.” Source: TheCoinRepublic |
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The CEO of the Galaxy Digital and an extremely rich person, Michael Novogratz expressed that the inspecting of the cryptocurrency by one of the biggest and well-known espresso chain Starbucks for its user’s app is a major thing for the benefit class. “Follow this space. This is a big deal. Crypto acceptance is coming. Bakkt to launch consumer app in the first half of 2020; will test the product with Starbucks.” Source: TheCoinRepublic |
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On Monday, Ethereum’s blockchain venture Synthetix, decentralized finance (DeFi) announced that it raised financing of around $3.8 million. Synthetix expressed the Framework Ventures has purchased 5 million Synth (SNX) tokens. They got it from the Synthetix Foundation’s assets. The estimation of the 1 SNX token nearly $0.76. Source: TheCoinRepublic |
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon. Source: TheCoinRepublic |
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Bakkt bitcoin futures exchange and digital assets platform witnessed the trading volume of Bitcoin futures hitting at $5 million. The bitcoin futures will be available for trading on Cboe Futures Exchange, LLC (CFE) from December 10, 2017. This could be the greatest achievement for Bitcoin since its inception took place during the 2008-09 economic emergency. Bitcoin’s future prospects will be transparency, liquidity and proficient price disclosure to the cryptocurrency ecosystem. Source: TheCoinRepublic |
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Another prediction by peter Schiff hit the market amid the recent sudden fall of bitcoin which caused a major ruckus. After the prediction of bitcoin reaching $6k to $2k now, he is so sure that sooner or later Bitcoin will fall below $1k and he is quite confident about that, though the famous bitcoin hater felt the heat of bitcoin community, majority people even moke him for his stupid remarks on bitcoin! Source: TheCoinRepublic |
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Mark Zuckerberg pitched Libra in the US House of Representatives Financial Services Committee and explains the concept of facebook’s very own cryptocurrency Libra. Mark went on to explain how his Facebook, the parent company of libra is providing and undertaking all the necessary measures before the launch of its cryptocurrency. The Cheif executive officer of Facebook assured he won’t be launching Libra until it has fulfilled all the given law requirements and satisfy the US lawmaker officials. Though after facebook’s data leak it’s quite hard for US officials to believe in Zuckerberg’s words. Source: https://www.thecoinrepublic.com/libra-struggling-to-be-launched-amidst-pressure-by-us-law-officials/ |
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VeChain (VET) as of late declared the starting of its new official VeChain Block Explorer and VeChain Sync Ledger Wallet Interface. The advancement comes following the unexpected stopping of the current VeForge benefits by Totient Labs, an entity from the VeChain development network. As far as the new VeChain blockchain wayfarer it is booked to go live before the finish of November, as indicated by the blog entry. Source: TheCoinRepublic |
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Bitfinex, a Hongkong headquartered veteran cryptocurrency exchange with a wide range of crypto assets and order types. The company is well known for a significant amount of global daily crypto volume in the market. Source: TheCoinRepublic |
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The cryptocurrency market is struggling to overcome the downward correction. Some currencies like Bitcoin, Ethereum, are struggling to keep Ripple bullish momentum on their values. Verge, however, is under continued downward pressure and there have been a lot of ups and downs this year. The currency is experiencing downward pressure since July and has difficulty getting bullish values. Source: TheCoinRepublic |
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The cryptocurrency market is known for its extremely volatile nature, the price of cryptocurrency fluctuates in a matter of seconds. Vechain has recently gained a notable 6% in its price pushing bulls in the Green area, There are 3 large price swings in this period and the amplitude of its value is between $ 0.0032 to $ 0.0034. The initial value of the VET was $ 0.0032 and is the first blow added about a 6% increase in its value, and its value becomes 0.0034 dollars. Then there was the deduction of about 3%, reducing its value to $ 0.0033 before the market closed there is a growth in the cost of around 0.0001 and finally, their value reached $ 0.0034. Although there is an increase in the value of VET, there is a decrease in its market cap. Market capitalization has shrunk to 190.85 million dollars from 191.5 million dollars. Source: TheCoinRepublic |
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