Binance and CZ fight back with a motion of dismissal
Following the lawsuits against Binance from the SEC, the exchange and its CEO have filed a motion of dismissal.
According to Doctor Nouriel Roubini,
An academic study suggests that 81 percent of all ICOs were a scam to begin with; 11 percent of them have failed or have died; and of the remaining eight percent that is traded on exchanges the top 10 have lost on average, in the last year, 95 percent of their value — more than Bitcoin So, there was a bubble — and everybody was riding the bubble, everybody was issuing an ICO, raising money — but now it’s gone bust… I think that they’ve lost already 95 percent of their value and they could lose another 95 percent.”
Following the lawsuits against Binance from the SEC, the exchange and its CEO have filed a motion of dismissal.
Mt Gox has delayed the deadline to reimburse investors yet again, marking another year in a decade long delay.
Circle has announced that USD Coin will be launched on the blockchain, extending USDCs presence in the ecosystem.
Lawmakers in the United States have made moves to impede the development and launch of a central bank digital currency (CBDC) in the...