BakerySwap, Syscoin and Utrust rally as altcoin season kicks into high gear
BAKE, SYS and UTC have secured triple-digit gains as large and small-cap altcoins capitalize on Bitcoin’s range-bound price action. Bitcoin’s (BTC) institutional adoption shows no signs of slowing down. This week Latin America’s largest e-commerce company, Mercado Libre, disclosed that it had purchased $7.8 million worth of Bitcoin as part of its treasury strategy. Mercado Libre was not only in this decision, as Metromile Inc., a Nasdaq-listed digital insurer also said it plans to buy $10 million worth of Bitcoin in the second quarter of this year. Additionally, Metromile will soon start....
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Syscoin's emergency injunction against Moolah was granted by a UK High Court judge. Last week, a UK High Court judge granted Syscoin's emergency injunction against Moopay LTD and former CEO Ryan Kennedy (also known as Alex Green). On Monday, the High Court granted the final injunction and served it to Moolah. According to the Order, Moolah has until October 28 to return the 750 bitcoins Moolah was holding in escrow for Syscoin. Also Read: Bitcoin Exchange CEO Alex Green Exposes Himself as Scammer Ryan Kennedy. UK Judge Orders Bitcoin Exchange Moolah to Repay Syscoin's Escrow Fund. On....
On Monday, a United Kingdom High Court judge granted Syscoin's final injunction against Moopay LTD (more commonly known as Moolah) and former CEO Ryan Kennedy (also known as Alex Green). The injunction included a provision ordering Kennedy to repay the 750 bitcoins Syscoin had deposited in Moolah's escrow service. The Syscoin price rose 17% following the announcement. Also Read: United Kingdom Judge Orders Bitcoin Exchange Moolah to Repay Syscoin's Escrow Fund. Syscoin Price Rises After Judge Orders Moolah to Return Bitcoins. Syscoin. When the news first broke that Moolah had effectively....
On Sunday, Syscoin released legal documents detailing their communication with former Moolah CEO Ryan Kennedy (aka Alex Green) over the past few weeks. Syscoin began litigation against Kennedy for refusing to return the 750 bitcoins Syscoin raised during their presale and placed in Moopay's escrow service. Kennedy claims the bitcoins were stolen by unscrupulous users who exploited a flaw in the MintPal code. Also Read: United Kingdom Judge Orders Bitcoin Exchange Moolah to Repay Syscoin's Escrow Fund. Syscoin Releases Legal Documents from Moolah and Ryan Kennedy. On November 2, Syscoin....
A coin that has received much attention in the past few weeks due to the innovation they will bring with the release of their coin is Syscoin. Syscoin aims to provide all sorts of businesses the infrastructure to trade goods, assets, digital certificates, and others in a secure way. The way it differentiates itself though is that it implements this marketplace, this infrastructure directly into the blockchain which is something unseen in cryptocurrency. Detailed information regarding Syscoin can be found in their whitepaper Syscoin Specifications. Among the features that will be....
SysCoin is more than a revolutionary crypto currency; it allows low-cost financial transactions like Bitcoin and also provides businesses the infrastructure to trade goods, assets, digital certificates and data securely. Syscoin technology is said to run over the blockchain and the Syscoin Platform provides innumerous abilities for businesses to trade their products or services. The Syscoin project is being closely followed by the community and already collected a cheer number of supporters. The Syscoin team has opened their Presale last 19th of July. The team established a partnership....