Crypto Rex

Class Action Filed Against Nano Team, Demands “Rescue Fork” for Lost Bitgrail Funds

Nano Team Slapped with Class Action Nano’s team has been pegged with a class action lawsuit. The suit, filed by plaintiff Alex Brola on behalf of Nano/Raiblocks investors, targets Nano’s core team, namely, Colin LeMahieu, Mica Busch, Zack Shapiro, and Troy Retzer. The lawsuit alleges that the defendants violated federal securities laws and mislead investors into …

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5 Ways Blockchain Technology is Changing How Art is Made

The Art, It Is a-Changin’ Blockchain technology has made a splash in the high-end art world through authenticity verification and art provenance. However, it’s begun to affect the art creation process as well. Blockchain is fostering new genres and opening the doors to aspiring artists in classic decentralized fashion. In this article, we’ll explore five …

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What is Bancor (BNT)? | Beginner’s Guide

What is Bancor? Bancor is a blockchain protocol that allows users to convert between different tokens directly as opposed to exchanging them on cryptocurrency markets. https://files.coinmarketcap.com/static/widget/currency.js   The project offers a network, which we’ll discuss soon, that works to bring liquidity to the majority of tokens that lack a consistent supply/demand in exchanges. That network …

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Two Crypto Exchanges Suspended by Japan’s Financial Regulator

The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks.    Also read: CEO of Korean Exchange Coinnest among Four …

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SBI Bits Jerry Chan Discusses the Lightning Network and Colored Coins

At the Satoshi’s Vision Conference in Japan Bitcoin.com’s Jake Smith interviewed Jerry Chan the lead executive for SBI Group’s fintech arm ‘SBI Bits.’ Chan explains what SBI Bits is involved in and how it had embraced blockchain technology and cryptocurrency solutions. The firm has recently launched a mining pool that’s processing bitcoin cash blocks alongside …

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