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Answering demands from the private and public sectors, US government scientists have created a guide to the technology behind bitcoin and its applications for a variety of uses. Among various issues, the 59-page report explains that, “technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain.” Also Read: Singapore Mall Sells Cryptocurrency Mining … Read more
Financial regulators around the world seem to finally notice that some companies are trying to capitalize on the insatiable appetite for everything crypto by claiming a link to blockchain. Trading in the stocks of one such alleged company has now been stopped by the SEC. Also Read: Peak Blockchain Hype? Firm With No Revenues and … Read more
Companies routinely roll out new loyalty programs with much fanfare but arouse little to no excitement from investors, at least until they can show some returns. Now one Hooters franchisee has shown how to change this: just use these magic words: bitcoin, crypto and blockchain. Also Read: Public Firm Faces Class Action Lawsuit for Falsely … Read more
An application for a class action lawsuit against Apollo Power (TASE: APLP) has been submitted to the Tel Aviv District Court. The solar energy technology company is accused of misleading investors by making a false report. The matter at hand is how its share price jumped by 150% on December 18 after Apollo announced it … Read more
Following this year’s massive bitcoin rally, a bubble has developed in the stock market that most cryptocurrency traders may not be familiar with. Companies are declaring themselves to be blockchain-based in order to ride the hype train to higher stock prices. The latest example of this is a Hong Kong startup with no revenues which … Read more
Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do too far just to have some … Read more
