Blockchain Bites: Major Crypto Players Sued, Steem Froze Accounts and More

www.coindesk.com

Class action Plaintiffs filed at least 10 class-action lawsuits against some of the biggest names in crypto, including Binance, KuCoin and BitMEX operator HDR Global Trading, as well as blockchain projects like Tron, Block.One and Kyber Network. Market maturity Crypto companies kept buying each other last year even as both MA and funding deal flow in the industry took a dive, according to a report by PwC.

(The Block) Poloniex launches token sale platform, with Tron’s decentralized stablecoin system as first project (The Block) Crypto to the rescue after Khan Academy’s COVID-19 traffic surge (Cointelegraph) Loom Network to cap off troublesome quarter with a network upgrade (Messari) Market Intel Modest rally Bitcoin has rallied above $7,100 at press time, a 5 percent gain from the previous 24 hours. Still, the BTC/Gold relationship is stronger than that of bitcoin and equities, CoinDesk's head of research Noelle Acheson writes in Crypto Long Short, a newsletter that looks closely at the forces driving cryptocurrency markets.

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