A federal judge issued a preliminary injunction stopping Telegram's planned resale of $1.7 billion in gram tokens, saying it is "part of a larger scheme to distribute those Grams into a secondary public market."
As he still battles to tokenize his lucrative NBA contract, Brooklyn Nets star Spencer Dinwiddie has come up with a back-up plan: offering a savings platform for cryptocurrencies. Through the partnership with Cred, a California-based lender, users can “pledge” digital assets such as Bitcoin and Litecoin—as well as stablecoins including Tether. In return, Dinwiddie says he is promising up to 10% interest at maturity
In it Blockchain Report 2020, CBInsights said 51% of deals in the industry were for US-based companies four years ago, while only 2% was earmarked for Chinese businesses. According to the latest figures, China’s share of deals is 22% in 2019, while America’s share dwindled to just 31%.
The Tezos Foundation announced on March 20 that it has entered into a settlement concerning a consolidated class action lawsuit worth $25 million.