Moonday Mornings: NBA blocks player’s plan to tokenize contract with Ethereum
Check it out.
1. The Ukrainian government is allegedly preparing plans to legalize Cryptocurrency in the country, The Block reports. The move is being pushed by the incoming digital transformation deputy minister Alexander Bornyakov, who says legalization will benefit the country and its government through taxation.
2. Ecommerce website Overstock.com and its former execs are being sued for securities fraud, a US states district court document states. The document, filed last Friday, alleges that a substandard Cryptocurrency strategy and a series of releases (described as “bizarre”), led to continued losses. The lawsuit specifically cites tZERO, Overstock’s token trading platform, and a digital security token. Investors were allegedly told that the launch of tZERO would bring big benefits, before Byrne quit as CEO of the company he arranged for the next investor dividend to be paid out in the digital token.
3. A new malware is allegedly circulating the web. Controlled by a Telegram bot the “clipper and stealer” replaces Cryptocurrency wallet addresses to exfiltrate funds, according to cybersecurity firm Juniper Networks. The malware injects malicious code into browsers which also steals other sensitive data in