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Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal

</header> <strong>Cryptocurrency listings have been prohibited from publication on Mercado Livre, also known as Free Market, following a $750 million investment into the platform from Paypal. Just prior to the announcement, more than 10,000 listings relating to virtual currencies were identified on the platform.</strong> Also Read: Why Africa Continues to Lag Behind in Cryptocurrency Adoption …

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Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit

</header> <strong>Moshe Hogeg, the co-founder and chairman of venture capital investment fund Singulariteam, and the alleged head of Stox Technologies, has been given 30 days to settle with a Chinese investor. The disgruntled investor has brought a 17 million Israeli new shekels (approximately $4.23 million) lawsuit against Hogeg for allegedly misappropriating several million dollars worth …

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Market Maker Sues Lawyer Over $4 Million BTC Transaction Gone Awry

<strong>Market making and over-the-counter trading firm GSR Markets is taking legal action against lawyer Diana McDonald, who is accused of pocketing $2 million from a $4 million BTC transaction in which she acted as an escrow.</strong> Also Read: In the Daily: Bitcoin Begging, NEM Foundation Fights to Survive, Huobi Prime GSR Markets Sues Lawyer Over …

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Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate

<strong>21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply. …

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