New York resident Ryan Huegerich is suing the company behind the EthereumMax (EMAX) cryptocurrency, as well as the celebrities who backed it, for pushing a “pump-and-dump scam,” according to a new class-action lawsuit in California Federal Court. In that, he says he’s acting on behalf of everyone who bought the …
Read More »J.R.R. Tolkien Estate Squashes 'J.R.R. Token' Cryptocurrency
The estate of Lord of the Rings author J.R.R. Tolkien successfully stopped a new cryptocurrency that tried to launch under the puntastic name, “J.R.R. Token.” The “J.R.R. Token” launched back in August with obvious the tagline, “The One Token That Rules Them All.” The coin’s creator, a Florida man named …
Read More »Katy Perry, Nas, and Jason Derulo Are Investing Big in a Spotify Rival
When you play a song on major streaming platforms, money doesn’t just zoom straight into an artist’s pocket. But what if it did? That’s how payments are designed to work on Audius, a platform built on a blockchain — yes, the same technological network that NFTs run on. And thisthree-year-old …
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