TOP CRYPTO NEWS — April 28, 2018
1. 600+ Bitcoin Users Seek Lawsuit Against Bitcoin.com & CEO Roger Ver
A “community movement” that has grown to over 600 individuals in just two days is pursuing legal action against Bitcoin.com and its owner, Roger Ver, for deliberately misleading new users into buying Bitcoin Cash (BCH) instead of Bitcoin (BTC). Roger Ver, who has been a Bitcoin influencer, started propagating Bitcoin Cash after the fork of Bitcoin. His website bitcoin.com shows users Bitcoin Cash at the top and represents Bitcoin as Bitcoin Core. Read more at Bitcoinist.
2. Binance, Bermuda Ink $15 Million Crypto Investment Agreement
Binance plans to set up its new global compliance center in Bermuda over the next few months, Premier David Burt has announced. Speaking at a joint press conference on Friday, Burt announced that a memorandum of understanding has been signed, under which the Binance Charity Foundation will put $10 million toward educational programs related to the tech. An additional $5 million will be invested in blockchain startups. On top of that, Binance will help the Bermuda government develop a regulatory framework for cryptocurrencies and blockchain, as well as establish a new office in the country. Read more at CoinDesk.
3. Consulting Firm Predicts Ethereum Could Reach $2,500 By The End Of 2018
Independent financial consulting company deVere Group, which provides investment and wealth management services, has predicted that the price of Ethereum (ETH) could hit $2,500 by the end of the year, MarketWatch reported April 27. The financial consultancy firm said that the second largest cryptocurrency could see a significant rise, predicting its fourfold increase thanks to growing adoption of the digital currency as well as the use of smart contracts. Read more at CoinTelegraph.
