PayPal Makes Blockchain Investment in Cambridge Blockchain

Paypal blockchain

It’s a bullish day in the cryptosphere. Paypal makes a blockchain investment and Bitcoin jumps above $5,079 USD.

Bitcoin Jump: April Fool’s Joke?

Bitcoin gained 21% in early trade and has now slightly corrected back down to $4,712 according to CoinMarketCap. However, no one knows why the Bitcoin jump happened in the first place. Now, some investors wonder if the rally was the result of some sort of April Fool’s joke.

Zhao Changpeng, the chief executive officer of Binance, tweeted earlier today that he was “clueless” about what may have triggered Bitcoin’s jump.

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PTON – PELOTON SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Peloton Interactive, Inc. – PTON

New Orleans, Louisiana–(Newsfile Corp. – June 24, 2021) – Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 28, 2021 to file lead plaintiff applications in a securities class action lawsuit against Peloton Interactive, Inc. (NASDAQ: PTON), if they purchased the Company’s securities between September 11, 2020 and May 5, 2021, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of New York.What You May DoIf you purchased securities of Peloton and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-pton/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 28, 2021.About the LawsuitPeloton and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On May 5, 2021, the Company disclosed two separate recalls of its Tread+ and Tread treadmills following numerous reports of injury, advising that it had stopped sales and distribution and that “[c]onsumers who have purchased either treadmill should immediately stop using it and contact Peloton for a full refund or other qualified remedy.” On this news, shares of Peloton plummeted 14%, or $14.08 per share, to close at $82.62 per share on May 5, 2021. The case is Wilson v. Peloton Interactive, Inc., et al., 21-cv-03299.About Kahn Swick & Foti, LLCKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.To learn more about KSF, you may visit www.ksfcounsel.com.Contact:Kahn Swick & Foti, LLCLewis Kahn, Managing Partnerlewis.kahn@ksfcounsel.com1-877-515-18501100 Poydras St., Suite 3200New Orleans, LA 70163To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88589

CCXI – CHEMOCENTRYX SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against ChemoCentryx, Inc. – CCXI

New Orleans, Louisiana–(Newsfile Corp. – June 24, 2021) –  Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 6, 2021 to file lead plaintiff applications in securities class action lawsuits against ChemoCentryx, Inc. (NASDAQ: CCXI), if they purchased the Company’s shares between November 26, 2019 and May 6, 2021, inclusive (the “Class Period”). These actions are pending in the United States District Court for the Northern District of California.What You May DoIf you purchased shares of ChemoCentryx and would like to discuss your legal rights and how these cases might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-ccxi/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 6, 2021.About the LawsuitsChemoCentryx and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On May 4, 2021, the U.S. Food and Drug Administration issued briefing documents regarding the Company’s drug candidate, avacopan, noting that “[c]omplexities of the study design…raise questions about the interpretability of the data to define a clinically meaningful benefit of avacopan” and that the review had “identified several areas of concern, raising uncertainty about the interpretability of the data and the clinical meaningfulness of these results.”On this news, shares of ChemoCentryx plummeted approximately 45%, to close at $26.63 per share on May 4, 2021. The first-filed case is Homyk v. ChemoCentryx, Inc., et al., No. 3:21-cv-03343.About Kahn Swick & Foti, LLCKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.To learn more about KSF, you may visit www.ksfcounsel.com.Contact:Kahn Swick & Foti, LLCLewis Kahn, Managing Partnerlewis.kahn@ksfcounsel.com1-877-515-18501100 Poydras St., Suite 3200New Orleans, LA 70163To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88590

ARRY – ARRAY TECHNOLOGIES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Array Technologies, Inc. – ARRY

New Orleans, Louisiana–(Newsfile Corp. – June 24, 2021) –  Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 13, 2021 to file lead plaintiff applications in a securities class action lawsuit against Array Technologies, Inc. (NASDAQ: ARRY), if they purchased the Company’s securities between October 14, 2020 and May 11, 2021, inclusive (the “Class Period”) and/or pursuant to the Company’s October 2020 initial public offering, December 2020 secondary public offering, or March 2021 secondary public offering. This action is pending in the United States District Court for the Southern District of New York.What You May DoIf you purchased securities of Array and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-arry/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 13, 2021.About the LawsuitArray and certain of its executives are charged with failing to disclose material information during the Class Period and/or in the Offering Materials issued in conjunction with the public offerings, violating federal securities laws. Specifically, the action alleges that the Company failed to disclose that increases in commodity and freight costs had been negatively impacting the Company’s business and operations. On May 11, 2021, the Company disclosed that its first quarter 2021 results had missed profit analysts’ expectations and withdrew its full-year 2021 outlook, due to increases in steel and freight costs, leading analysts to cut their ratings on the Company.On this news, shares of Array plummeted 46.1%, or $11.49 per share, to close at $13.46 per share on May 12, 2021. The case is Plymouth County Retirement Association v. Array Technologies, Inc., et al., 21-cv-2396.About Kahn Swick & Foti, LLCKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.To learn more about KSF, you may visit www.ksfcounsel.com.Contact:Kahn Swick & Foti, LLCLewis Kahn, Managing Partnerlewis.kahn@ksfcounsel.com1-877-515-18501100 Poydras St., Suite 3200New Orleans, LA 70163To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88592