NY Supreme Court Forbids Tether to Do Any Transfers to Bitfinex

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NY Supreme Court Forbids Tether to Do Any Transfers to Bitfinex
The New York Supreme Court has ordered Tether to stop loaning funds to its associated exchange Bitfinex. The orders also include Tether not, distributing any funds to executives, employees or others except regular business-related purposes.
NY Supreme Court Forbids Tether to Do Any Transfers to Bitfinex

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Source: CoinSpeaker

Elon Musk Unveils Tesla’s Genious Plan to Conquer Ride-Hailing Business

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Elon Musk Unveils Tesla’s Genious Plan to Conquer Ride-Hailing Business
Tesla plans to join the ride-hailing business as soon as 2020 with Elon Musk saying the owners whose cars participate in the Tesla network will keep up to 75% of the generated revenue.
Elon Musk Unveils Tesla’s Genious Plan to Conquer Ride-Hailing Business

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Source: CoinSpeaker

Will Morgan Stanley Suffer Consequences After Uber’s Horrific IPO?

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Will Morgan Stanley Suffer Consequences After Uber’s Horrific IPO?
Morgan Stanley investment bankers stand to harvest millions of dollars in fees for leading Uber Technologies Inc.’s IPO last week. Wealthy clients are facing big losses because of early investing policy.
Will Morgan Stanley Suffer Consequences After Uber’s Horrific IPO?

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Source: CoinSpeaker

Crypto Investor Michael Terpin Wins $75 Million in Crypto Fraud Case

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Crypto Investor Michael Terpin Wins $75 Million in Crypto Fraud Case
Michael Terpin, the victim of a SIM-swap fraud, will be paid $75.8 million in punitive and compensatory damages, which is one of the single largest court judgments awarded to an individual in a cryptocurrency-related affair.
Crypto Investor Michael Terpin Wins $75 Million in Crypto Fraud Case

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Source: CoinSpeaker

Will eBay Finally Accept Cryptocurrencies Or It’s Just a Clever PR

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Will eBay Finally Accept Cryptocurrencies Or It’s Just a Clever PR
eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its Consensus ads recently leaked online. If eBay does open arms for crypto payments, it could be a boon for adoption.
Will eBay Finally Accept Cryptocurrencies Or It’s Just a Clever PR

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Source: CoinSpeaker

Bitcoin Will Make 5% of Earth’s Market Share in Four Years: Billionaire VC Tim Draper

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Bitcoin Will Make 5% of Earth’s Market Share in Four Years: Billionaire VC Tim Draper
According to Tim Draper, Bitcoin will continue growing and in a couple of years will have a 5% world’s market share.
Bitcoin Will Make 5% of Earth’s Market Share in Four Years: Billionaire VC Tim Draper

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Source: CoinSpeaker

Uber is One Of the Worst Performing IPOs in Last 40 Years

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Uber is One Of the Worst Performing IPOs in Last 40 Years
Uber went public Thursday night at $45 a share, which was near the low end of its expected range. The pricing gave the company an initial valuation of $75.5 billion — well below the $120 billion figure investment bankers were talking about last fall.
Uber is One Of the Worst Performing IPOs in Last 40 Years

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Source: CoinSpeaker

Almost One-Third of Bitcoin Exchange Users Come from the US: Report

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Almost One-Third of Bitcoin Exchange Users Come from the US: Report
According to the report published by DataLight, the USA leads the world in crypto trading, with Japan and South Korea taking the second and the third places.
Almost One-Third of Bitcoin Exchange Users Come from the US: Report

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Source: CoinSpeaker

Musk: Tesla Will Grow to $500 Billion Due to Its Self-Driving Tech

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Musk: Tesla Will Grow to $500 Billion Due to Its Self-Driving Tech
Elon Musk laid out the automaker’s plan when it comes to self-driving, but now the CEO attaches a valuation prediction to it as the company attempts to raise over $2 billion.
Musk: Tesla Will Grow to $500 Billion Due to Its Self-Driving Tech

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Source: CoinSpeaker

$212M in Bitcoin Moved for Just $4, Do We Still Need Banks?

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$212M in Bitcoin Moved for Just $4, Do We Still Need Banks?
Recently, a crypto whale, Loaded, moved $212M worth of bitcoins within a short time freely. This is likely to challenge banks that set so many restrictions when moving large amounts.
$212M in Bitcoin Moved for Just $4, Do We Still Need Banks?

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Source: CoinSpeaker

CoinMarketCap Forms New Alliance, Announces Stricter Listing Policy

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CoinMarketCap Forms New Alliance, Announces Stricter Listing Policy
CoinMarketCap Data Accountability and Transparency Alliance has already been joined by Binance, Bittrex, OKEx, Huobi, Liquid, UpBit, IDEX, OceanEX, Gate.io, KuCoin, HitBTC and Bitfinex.
CoinMarketCap Forms New Alliance, Announces Stricter Listing Policy

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Source: CoinSpeaker

Amazon Launches Managed Blockchain Service, Nestlé and AT&T Already on Board

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Amazon Launches Managed Blockchain Service, Nestlé and AT&T Already on Board
Amazon is making its entry into the blockchain space, via a new tool available through its AWS (Amazon Web Service) to “create and manage scalable blockchain networks” via open-blockchain networks like Ethereum.
Amazon Launches Managed Blockchain Service, Nestlé and AT&T Already on Board

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Source: CoinSpeaker

Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

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Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk
Crypto community has made numerous attempts to lure SpaceX’s and Tesla creator Elon Musk into the crypto family. The latest try comes from Binance’s CEO offering Musk make his own coin called ‘SpaceXcoin’.
Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

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Source: CoinSpeaker

Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?

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Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?
According to China’s Association of Automobile Manufacturers, Chinese citizens will buy at least 1.6 million electric vehicles this year. Tesla, on the other hand, lost $700M+ in the last quarter. Is it a real competition or just buying opportunity for Tesla stocks?
Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?

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Source: CoinSpeaker

Musk Trolling Ethereum for Real or As a Result of SEC Decision?

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Musk Trolling Ethereum for Real or As a Result of SEC Decision?
Crypto-Twitter is known for its hysterics. Elon Musk challenged this fact when he just tweeted “Ethereum”, and it went in a frenzy as expected, being re-tweeted more than 3000 times in only 2 hours.
Musk Trolling Ethereum for Real or As a Result of SEC Decision?

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Source: CoinSpeaker