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Quoine Found Liable for Wrongfully Reversing BTC Trades in Singaporean First

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Quoine Found Liable for Wrongfully Reversing Trades in First Singaporean Trial Involving Bitcoin

In the first Singaporean legal dispute involving BTC, Singapore-registered cryptocurrency exchange Quoine has been found to have wrongfully reversed seven trades placed by market maker B2C2 during April 2017. The ruling has been made following four months of proceedings.

Also Read: Thailand Approves Country’s First ICO Portal

Quoine Held Liable for Reversing Trades Selling 309 ETH Priced at 10 BTC Each

The Singapore International Commercial Court has found Quoine to be liable for a breach of contract and breach of trust for unilaterally reversing orders placed nearly two years ago by United Kingdom-based market maker B2C2.  Read more...

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BMW Signs Its First Esports Team Sponsorship With Cloud9

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North American esports giant Cloud9 has entered into a sponsorship deal with BMW (BMWYY), marking the first esports team sponsorship for the auto giant. 📺 Check out a note from @JackEtienne below! #socalbmw 👇 pic.twitter.com/tDmy4K1iRK — Cloud9 (@Cloud9) March 9, 2019 According to the announcement, which was tweeted out on Friday, CEO Jack Etienne revealed that […]
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NEM (XEM) Announces Its First Venture Capital Investment

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NEM (XEM), a cryptocurrency project building a network designed for better-performing smart assets, has announced that its first venture investment will be in Vimba, a New Zealand-based platform formerly known as MyCryptoSaver that allows users to automatically take money from their bank account and have it converted into crypto for regular monthly savings. NEM Ventures unveils […]
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Confirmed: Nike Signs First Major Esports Deal With Chinese LoL Pro League

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Following our initial report that suggested that Nike (NKE) had entered into its first esports deal with the Chinese League of Legends Pro League (LPL), the athletic giant came out today to officially announce a four-year deal with the league. LPL x Nike Starting from the 2019 Mid-Season Invitational, you can purchase @Nike and LPL […]
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Report: Facebook’s Coin Could Hit Exchanges in the First Half of 2019

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Facebook (FB) made waves in December when Bloomberg revealed that it is developing a stablecoin designed specifically for money transfers on its WhatsApp encrypted mobile-messaging app. Now, a report by the New York Times reveals that Facebook’s development is far enough along that it is already holding conversations with exchanges about “selling [the coin] to consumers.” […]
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Shanghai Defeats Boston Uprising for Its First Overwatch League Win

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It’s been a tough 2 years for the Shanghai Dragons, an Overwatch League team that suffered 42 straight losses over the period. Fortunately, the streak, which was actually the longest losing streak in professional sports history, has finally been put to rest with a 3-0 victory over Boston Uprising on Friday. IT HAPPENED!!! #OWL2019 THE […]
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Upcoming Blockchain RPG Neon District Drops Its First Gameplay Teaser

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Blockade Games, the startup behind Neon District, has teased the first gameplay footage for the upcoming cyberpunk RPG. A first look at Neon District gameplay, a Final Fantasy inspired cyberpunk RPG. Subscribe for updates at https://t.co/922ZznXmZ7. #madewithunity #unity3d #gamedev #indiedev pic.twitter.com/shv0ntdM9u — Neon District (@neondistrictRPG) February 21, 2019 Neon District’s storyline allows gamers to take on […]
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Apex Legends Releases Its First New Gun: The Havoc

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A little over two weeks since launching, Apex Legends continues its astonishing growth, smashing records previously held by Fortnite. Now, EA Games (EA) and Respawn Entertainment have released the first new weapon: the Havoc Energy Rifle, a new fully-automatic rifle with high damage output. According to the announcement, “The Havoc Rifle just dropped into the arena, and […]
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Abra announces early access registration to world’s first global investment app

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Abra announces early access registration to world’s first global investment app
Mountain View, California-headquartered Abra announced in a press release CoinReport received from Spark, Abra’s communications firm, early access registration to its and the world’s first global investment smartphone app. The industry first opportunity allows investors from more than 155 nations to…

The post Abra announces early access registration to world’s first global investment app appeared first on CoinReport.

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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet

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According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $ 470,000 CAD (approximately $ 355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019.

Ernst & Young’s first report as monitor of scrutinized Canadian bitcoin exchange QuadrigaCX (QCX) complicates the story the exchange has given for its lack of access to company funds following the death of its founder and CEO, Gerald Cotten.  Read more...

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Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions

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Even in a bear market, Morgan Creek Digital has no problem swimming upstream.

The crypto asset management firm just bagged a $ 40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund. Two pension plans from Fairfax County, Virginia, the $ 1.43 billion Police Officer’s Retirement System and the $ 3.9 billion Employee’s Retirement System, were the lead investors in what was originally projected to be a $ 25 million dollar raise. Besides the two funds, a hospital system, an insurance company, a private foundation and a university endowment also invested in the raise.  Read more...

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Venezuelan Nonprofit Eatbch Celebrates First Anniversary Amidst Hyperinflation

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Venezuelan Nonprofit Eatbch Celebrates First Anniversary in the Midst of Hyper-Inflation

On Sunday, Feb. 10, the creators of the charitable organization Eatbch, a nonprofit food drive powered by bitcoin cash, celebrated its one-year anniversary. Eatbch has come along way since its inception feeding Venezuelans thousands of meals alongside branching out to other less fortunate regions like South Sudan.

Also read: BCH Avalanche Transactions Show Finality Speeds 10x Faster Than Ethereum

Eatbch Celebrates One Year of Helping People in Need

This week the nonprofit Eatbch is celebrating its one-year anniversary after two individuals started the charity with just a $ 5 donation. With this small fraction of bitcoin cash, the organization managed to give 40 arepas (a type of food made of ground maize dough or cooked flour) in just one location and the group realized the potential of this type of charity.  Read more...

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Hacker Gets 10 Years in First SIM-Swapping Sentencing in the U.S.

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According to a recent report, Joel Ortiz, the 20-year-old student from Boston who was indicted by prosecutors in Santa Clara, California, has been sentenced to 10 years in prison in what is believed to be the very first SIM swapping conviction in the United States.

Ortiz was charged last year on 28 counts involving various computer-related violations and crimes concerning information law. Ortiz took control of the identities of over 20 people, stealing a total of $ 5 million in cryptocurrencies with his SIM swapping technique. He pleaded guilty and accepted the plea deal of 10 years jail time.  Read more...

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Facebook (FB) Quietly Makes Its First Blockchain Acquisition

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Facebook (FB) has made its first acquisition in the blockchain space, purchasing the team behind Chainspace, a small blockchain startup founded by researchers from University College London. According to a breaking report by Cheddar that cites individuals familiar with the matter, four of the five researchers behind Chainspace’s whitepaper are joining Facebook’s blockchain group, with two already […]
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Rieder-Veltlinerhof to become first winery to adopt Rotharium Food Tracing

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Rieder-Veltlinerhof to become first winery to adopt Rotharium Food Tracing
Vienna, Austria-based Crypto Future, a firm also specializing in blockchain-based IT solutions, announced in a press release CoinReport received from Jargon PR, Crypto Future’s communications agency, that the Rieder-Veltlinerof family, a well-known winegrower dynasty from the “Wine Town of Austria” …

The post Rieder-Veltlinerhof to become first winery to adopt Rotharium Food Tracing appeared first on CoinReport.

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BitTorrent Token (BTT) Volume Soars in First Day of Trading on Binance

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In its first day of trading on Binance, BitTorrent Token (BTT) has already exceeded a trading volume of 24,419.4 BTC or roughly $ 83.5 million. According to live data from Binance, the BTT/BTC trading pair has nearly 3-times the volume of the next closest trading pair, XRP/BTC, with $ 28.2 million. BitTorrent Token’s price has jumped 35% to $  0.000498, […]
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Gemini Claims to be World’s First SOC 2 Compliant Crypto Exchange after Deloitte Audit

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Crypto exchange Gemini has announced that it has completed its SOC 2 Type 1 examination, and plans to obtain more security credentials by the end of the year. SOC 2 reports are essentially certifications testifying to the processing integrity, security, and/or availability of a service, with a key focus on data confidentiality for end users. The exchange owned by billionaire crypto investment duo Cameron and Tyler Winklevoss is the first to have this level of security compliance on the cryptocurrency scene. In an announcement by Head of Risk, Yusuf Hussain, Gemini claims that the SOC 2 Type1 certification means that  Read more...

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Marshall Islands to Issue Physical Banknotes for World’s First Decentralized National Digital Currency

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The Marshall Islands will soon circulate physical banknotes representing the world’s first decentralized national digital currency. This is happening under an agreement with Tangem, a Swiss maker of blockchain-enabled smart card wallets for cryptocurrencies. “We are excited to partner with the Republic of the Marshall Islands to do something that has never been done before: issue a digital currency as official legal tender,” Tangem co-founder Andrey Kurennykh gushed in a statement. Smart Card with Microchip and NFC Antenna The physical banknotes will take the form of a smart card powered by a blockchain-enabled microprocessor. Tangem says its technology enables users to  Read more...

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Elastos (ELA) Becomes the First Blockchain Project to Reach 1 Million Nodes

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Elastos (ELA), a blockchain powered smart-web platform, announced Monday that it has become the first project to reach the 1,000,000 node mark, fueled through a hardware collaboration with Shanghai Shijiu TV. Elastos has become the first Web 3.0 project to reach the milestone of one million distributed nodes. #Elastos $ ELA #SmartWeb Read our article here:https://t.co/GnYdazRTuV pic.twitter.com/cIn6ZzUwTu — […]
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