The case highlights one of the many lawsuits filed by investors against service providers for financial losses in the volatile cryptocurrency market.
A Texas federal judge on Monday dismissed a securities class action lawsuit against Bancor protocol operators. The judge agreed with a magistrate judge's findings, stating that the plaintiffs failed to prove US courts had jurisdiction over the foreign defendants.
Bancor (BNT) has recently faced a notable decline in its price, slipping by 7% in the past 24 hours to a current value of $0.5829. Despite this short-term downturn, the token remains resilient, demonstrating a remarkable 56.6% increase over the past year.
After a massive spike, Bancor [BNT] lost almost half of its market value as some influential cohorts dumped their holdings. The post Bancor's dramatic weekend: Of 18-month spikes and 50% crashes appeared first on AMBCrypto.
Bitcoin (BTC) and most large altcoins have increased significantly in October and November, with BTC reaching a new yearly high on Thursday.
MINA Protocol (MINA), considered the world's lightest blockchain network, is driving a new wave of altcoins thanks to its remarkable 88% rally in the last 24 hours.
With Bitcoin's bullish hopes waning, investors are rethinking their portfolios. Glassnode data shows HODLers making changes lately, as Bitcoin's stability and short-term holders create a sluggish market vibe.
Eyeing potential gains, LOOM, BNT, and SOL emerge as top altcoins to watch next week amidst market corrections.
The price of an Ethereum-based altcoin, Bancor ($BNT) has recently seen a surge of over 40% in a 24-hour period amid what appeared to be accumulation that has been redirected to a wallet belonging to South Korean cryptocurrency exchange Upbit.
With tens of thousands of altcoins circulating the market, crypto investors can easily miss out on the next 100x coin due to it not being on their radar. This is often not the fault of the investor as it can be hard to keep track of so many coins.
The price action for these two bullish altcoins shows similarities to that of Bancor (BNT) before its upward movement.
In the ever-evolving world of cryptocurrency, Bancor (BNT) has been grappling with a formidable obstacle on its journey. Since March 2023, the price of BNT has been striving to breach the steadfast $0.62 horizontal resistance zone.
Boosted by robust network growth and whale activity, the native token of decentralized exchange Bancor jumps 40% in the last 24 hours.
The Bancor (BNT) price increased by 70% over the weekend but could not sustain its increase today.
In the midst of a relatively stagnant weekend for the cryptocurrency market, Bancor (BNT) has emerged as a standout performer, with its price surging by more than 50%. This remarkable price rally can be attributed to significant developments within the Bancor ecosystem and notable crypto whale accumulation.
There is an ongoing onslaught in the digital currency ecosystem today, as marked by the more than 0.30% drop in combined market capitalization, which is now pegged at $1.09 trillion. Amid this rout, decentralized finance (DeFi) protocol Bancor (BNT) is shining brightly, with its price up by more than 48% to $0.6201.
BNT cryptocurrency has experienced a significant surge in its price, marking a remarkable increase of nearly 40% within a single day (Upbit BNT accumulation).
Starting with Kaspa, the latest crypto news concerns the celebration of the first transaction of the KAS coin within the institutional trading platform “Uphold Ascent.”
We will analyze the key events that have affected the market for these cryptocurrencies and attempt to provide perspective on possible future directions.
According to the latest data, the incentives provided by Uniswap on the Optimism Network (OP) had different results in the liquidity and decentralized finance (DeFi) sectors.
A class-action lawsuit has been filed by a group of investors against the decentralized autonomous organization Banco and its operator BProtocol Foundation, along with the founders, in the United States District Court for the Western District of Texas. The investors allege that Bancor misled them regarding its impermanent loss protection (ILP) mechanism for liquidity providers and operated as an unregistered form of security.
Bancor, a prominent decentralized finance (DeFi) player, is facing a class-action lawsuit in the U.S. District Court for the Western District of Texas.
Hoppin Grinsell has launched a new class action lawsuit against the BProtocol Foundation and the Bancor DAO.
Investors claim promises fell short, adding that Bancor's DAO was centralized and its liquidity pools operated as unregistered securities.
A new class action lawsuit, helmed by Hoppin Grinsell, has been filed against BProtocol Foundation and Bancor DAO.
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses.
A class action lawsuit charges the founders of Bancor Protocol with misleading investors, who thought their deposits were safe but suffered enormous losses.
Bancor has just launched a new decentralized exchange, Carbon, bringing easier automated on-chain trading.
Bancor's new on-chain trading protocol, Carbon, aims to make automated trading on a DEX easier, more profitable and MEV-resistant.
The platform allows users to create a single concentrated liquidity position that buys and sells in specific price ranges.
Crypto market: how are Eos.io (EOS), Bancor (BNT) and Xen (XEN) performing? What are the latest pieces of news involving the cryptocurrencies just mentioned? Here are all the details.
The currency that is one step away from the top 15 in market capitalization with nearly six billion euros comes to a halt on a bad day for many other crypto assets.
While 2022 was a harbinger of big losses in value, 2023 has started in the limelight, let's see how the most interesting crypto such as Sweat Economy, ApeCoin, BNT (Bancor Network Token) and the ever-present Terra Luna (LUNC) are catching up
Digital asset firm Okcoin reveals that clients can now “buy AGLD, BNT, DIA, GHST, KP3R, LDO, PERP, and TRB against USD” via the crypto trading platform. All Okcoin customers in the United States and EU (where applicable) can take advantage of this offer.
Desperate to cover the $26 million deficit, the Bancor community is now considering plans for a self-arbitrage bot. The post Bancor DAO mulls proposal for self-arbitrage bot to cover $26 million deficit appeared first on The Block.
Bancor (BNT) price fell to a new yearly low on Oct. 13 and the ensuing bounce failed to initiate a reversal. And price is expected to fall further.
The situation seems to indicate rather clearly that there is some possibility of strong declines being triggered
Crypto analytics firm Santiment says that an Ethereum (ETH)-based altcoin with one of the highest supply on exchanges will see increased price swings after trading sideways for some time.
There's no denying the fact that the global macroeconomic landscape has continued to deteriorate rapidly over the past year or so, thanks, in large part, to the Federal Reserve's quantitative easing measures (such as interest rate hikes).
If the move transpires desired results, proposals with new burn amounts will be rolled out in the future.
Bancor to call more 'burn events' if the proposed effort has an intended bullish effect on BNT's price.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Basic Attention Token (BAT/USD), Bancor (BNT/USD), and 0x (ZRX/USD) are some of the best Ethereum ecosystem tokens you can get before August ends. Basic Attention Token made an announcement that on August 19, 2022, Brave purchased 388,000 BAT, where the company has bought nearly 2.
Due to “hostile market conditions,” pioneer DeFi trading platforms, Bancor, terminated its temporary loss insurance program over the weekend. This prompted accusations that it wasn't truly decentralized.
Bancor Protocol is one of the pioneers in the Automated Market Maker (AMM) space. It created the first-ever AMM – omnipool, which requires all tokens to be paired against their native token, $BNT.
Bancor Protocol is one of the pioneers in the Automated Market Maker (AMM) space. It created the first-ever AMM – omnipool, which requires all tokens to be paired against their native token, $BNT.
Decentralized Finance (DeFi) protocol Bancor, often considered a pioneer in the DeFi space, has come under fire after it paused the impermanent loss protection program. The pause was done citing extreme market conditions and comes at a time when liquidity providers need the protection the most.