Shock Court Ruling Holds Crypto Exchange Liable in Singapore’s First Bitcoin Trial

A court has ordered the unhappy operator of crypto exchange Quoine to follow through with a glitched computer transaction that allowed a crypto market liquidity provider to swap ether for bitcoin at a rate of 10 bitcoin to every ether at a time when 1 ETH was worth .036 BTC, not 10. In the Republic of Singapore’s first trial regarding bitcoin, the Singapore International Commercial Court (SICC) issued a judgment Thursday to press Singaporean crypto exchange Quoine to execute a trade its computers allowed in error. A Crypto Exchange Error The computer error, which occurred on Singaporean crypto exchange Quoine

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Dow Sneaks Higher, Bitcoin Price Holds the Line as US Stock Market Clears Major Hurdle

The Dow added to Tuesday’s blockbuster rally, and the S&P 500 cleared a key technical hurdle in what is shaping up to be another strong day for the US stock market. The bitcoin price, meanwhile, entered the day with a minor decline but held firmly above its interim support level. Dow Adds to Tuesday’s 372 Point Rally As of 8:54 am ET, Dow Jones Industrial Average futures had climbed 73 points or 0.29 percent, implying an opening bell rise of 77 points. S&P 500 futures rose 0.25 percent, and Nasdaq futures climbed 0.42 percent to round out another positive pre-bell

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