Block.one free to focus on $10B crypto business after lawsuit settlements
With legal troubles seemingly behind the company, Block.one could set its sights on finally making a significant dent in the crypto and blockchain space. EOSIO developer Block.one says it is focusing on its crypto business mandate after recently settling a class action lawsuit.In a blog post published on Friday, the blockchain software firm announced a settlement agreement with a group of investors led by the Crypto Assets Opportunity Fund related to the 2018 EOS initial coin offering.If approved by the court, Block.one will settle for $27.5 million, a figure similar to the fine remitted....
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The European market leader in cryptocurrency payment solution BIPS announced today a partnership with Fidor Bank of Germany to offer European merchants free and fast bank settlements. Fidor Bank, based in Munich, Germany, is no stranger to cryptocurrency. In January of this year, the bank launched a bitcoin derivatives market, allowing speculators to bet on the rising and falling prices of bitcoin. These improved settlements are a part of SEPA, the Single Euro Payments Area. SEPA is a European Union initiative that allows for the simplification of bank transfers denominated in the Euro....
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