Class Action Lawsuit Filed Against Cryptocurrency Exchange Kraken
This week a class-action lawsuit has been filed against the San Francisco-based trading platform Kraken. A group of customers have revealed that their holdings of 3,414 ETH was liquidated during an Ethereum market flash crash. According to the plaintiffs the cryptocurrency exchange suffered from a denial-of-service (DDoS) attack at the time having many Kraken users unable to
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Germany’s largest food delivery web portal, Lieferando.de, which boasts over 11,000 partner restaurants, recently announced that it has started accepting bitcoin for payments. The company is owned by one of the largest online food ordering websites in the world, Takeaway.com. Also read: Poland’s Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin Lieferando.de Leads the
After expanding services in Europe earlier this year, bitcoin payroll and wage payment service provider Bitwage announced its official launch in the UK on Monday. Also read: Bitwage Launches New Functionality for European Customers Bitwage’s Official Launch in the UK Bitwage offers solutions for remote workers to receive wages in a variety of currencies including
Three months after Recruit Lifestyle partnered with Japanese bitcoin exchange Coincheck to enable over 260,000 retail stores to accept bitcoin, the company has finally announced on Monday that its point-of-sale app is now bitcoin-ready. Immediately, a chain of 334 eyeglasses stores using the app announced that it will accept the cryptocurrency starting July 10. Also
Delaware has passed a bill that legally recognizes the trading of stocks using blockchain technology. Although the state has sought to promote itself as a bastion for blockchain investment, the bill is extremely limited in its scope – leading many to view Delaware’s government as attempting to cash in on bitcoin’s recent boom. Also Read: Bitwage
The IRS intends to lessen the amount of customer data it originally wanted to siphon from Coinbase. Ongoing negotiations between Coinbase and the IRS have yielded concessions on part of the IRS legal team. A trial attorney for the Department of Justice, Amy Matchison, recently said the IRS would narrow their specific data request from Coinbase. Also
The Southeast Asian travel agency, Smiling Albino, announced they would begin accepting bitcoin for payment on August 1. The company is based out of Bangkok, Thailand. They work with clients to provide specialized and tailored traveling throughout Southeast Asia. They will accept bitcoin transactions for organizing customized travels in Thailand, Cambodia, Vietnam, Laos and Myanmar. The
A large dining establishment in the center of Moscow reportedly became the first restaurant to accept bitcoin payments in Russia’s capital city on Tuesday, according to local media outlets. Valenok is part of the Novikov Group, which owns over 50 restaurants and franchises. Now the company is considering installing bitcoin ATMs as well. Also read: Bitpoint
According to the regional news outlet, Uznay Vse, a Russian Burger King located in Moscow has begun testing bitcoin payments for food and drink purchases. The option to use the decentralized currency at Burger King Russia locations is expected to be rolled out across a few more restaurants in the country by the end of
Unocoin, an industry leader among India’s bitcoin exchanges, went offline on Monday night following the discovery of a serious security vulnerability. Also Read: Indian Bitcoin Adoption Responds to Government Signalling for Regulation The Vulnerabilities Have Surfaced Just Weeks After a Unocoin Customer’s Account Was Hacked Major Indian bitcoin exchange, Unocoin, went offline late Monday night
