Fired Employees’ Harassment Suit Against Tron Will Move to Private Arbitration

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A court has moved two fired Tron Foundation employees’ claims of wrongful termination and workplace harassment to arbitration. On March 12, the San Francisco Superior Court upheld an arbitration agreement the employees signed when they were hired.The defendants — the Tron Foundation, Tron file-sharing subsidiary BitTorrent, Tron CEO Justin Sun and Tron engineering head Cong…

Mt. Gox Trustee May Sell Some Crypto Assets, Says Draft Repayment Plan

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The trustee of the now-defunct bitcoin exchange Mt.Gox intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash, according to a draft rehabilitation plan. The trustee, attorney Nobuaki Kobayashi, shared with creditors an outline of the draft rehabilitation plan on Tuesday ahead of a meeting Wednesday.The plan marks a significant step toward concluding a case…

Bitcoin Jumps Above $7,000 with an Influx of Retail Interest

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The major European indexes went green while shares fell in Japan and Hong Kong with China seeing modest gains.The main three US benchmarks climbed after sliding Wednesday amidst miserable data of retail sales.S&P 500 rose 0.63%, Dow 0.19%, and Nasdaq 1.17%. Meanwhile, the new jobless claims topped five million for the week ending April 11,…

Bitcoin, DeFi and market mania: crypto narratives confront reality

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Ethereum In brief A new report from investment platform eToro provides insight into a wild 2020 for the market so far.It examines Bitcoin’s digital gold narrative, and Ethereum’s DeFi movement, and the major stress tests they are undergoing.Investor sentiment, despite market uncertainty, is on the up, even as crypto markets see significant price correlation with…

Friday 17 April, 2020

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by jjn1 Emmanuel Macron says it is time to think the unthinkable Today’s Financial Times has a very interesting, wide-ranging interview with the French President.One segment in particular stood out for me: There is a realisation, Mr Macron says, that if people could do the unthinkable to their economies to slow a pandemic, they could…

Facebook-backed Libra plans multiple single-currency coins

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Facebook and its partners said their Libra cryptocurrency project will now support multiple versions of the digital coins, the majority of which will be backed by individual fiat currencies like the U.S.dollar, as part of changes made to appease skeptical regulators worldwide. The Libra Association, the governing body overseeing the proposed project, redesigned the currency…

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