Market manipulation case against BitMEX has been dismissed
Judge William Orrick for the second time has dismissed the cases of Plaintiffs accusing BitMEX of market manipulation and racketeering violations. Traders’ updated racketeering allegations against HDR Global Trading , the parent firm of derivatives exchange BitMEX, were dismissed by a US District Judge, who noted that many of the plaintiffs’ allegations were copied and […]
Bitmain brings 56K Bitcoin miners to Georgia
Bitmain, a Chinese mining hardware company, is shipping 56,000 of its latest Antminers to Georgia in the United States southeast. The deal is expected to generate $10 million in monthly revenue for ISW Holdings. A three-way transaction between Nevada-based IT firm ISW Holdings , crypto mining datacenter Bit5ive, and Bitmain has resulted in the influx […]
Afterpay is set to explore crypto services after clarified regulations
Afterpay, an Australian buy-now-pay-later (BNPL) company that is now owned by Jack Dorsey’s Square, has stated that it plans to pursue bitcoin services once the legislative framework is clear. Representatives from Afterpay spoke at the Senate inquiry into “Australia as a Technology and Financial Center” on Sept. 8, following up on their contribution to the […]