updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Robinhood had earlier motioned for the arguments against it to be completely dismissed.
The federal appeals court of the United States has yet again dismissed a class-action lawsuit against online brokerage firm Robinhood Markets. This follows after 16 investors alleged that the platform did not allow them to buy 13 “meme stocks” during a January 2021 social media frenzy that sent prices to the moon.
According to the complainants, the restriction meant that they could not enjoy any profits. The decision also ended up causing the share prices of these stocks to plunge, they added.
Meanwhile, the suit, which began in September 2021, only lasted for so long. By January 2022, Robinhood motioned for the complaint to be dismissed, and the court granted that request. In its motion at the time, the firm noted that the plaintiffs failed to state any claim.
Still doubtful about the earlier ruling in the Robinhood case, the plaintiffs then proceeded to the US appeals court in March 2023 to seek redress.
As it turns out, the investors may just have hit another setback. US Appellate Court Judge Britt Grant has upheld the earlier ruling, claiming that the case lacks legal merit.
Judge Grant clarified that Robinhood, according to its customer agreement, is permitted to restrict any transaction. That is, the platform may decide whether or not to accept a trade offer.
The court may have established that Robinhood had no hand in the arguments against it. But that is only for the time being.
The investors may decide to take the case up a notch by heading to the US Supreme Court, in what would be a final showdown. To do that, however, they must first file a petition for a “writ of certiorari”, which is a document asking the Supreme Court to review the case.
But out of over 7,000 cases that the Supreme Court reviews, it only takes up about 100-150 cases. Therefore, it is not very likely that the investors will have one more day in court over this case.
As of publication, lawyers from both ends – Robinhood and the plaintiffs, have yet to comment on the development.
Mayowa is a crypto enthusiast/writer whose conversational character is quite evident in his style of writing. He strongly believes in the potential of digital assets and takes every opportunity to reiterate this.
He’s a reader, a researcher, an astute speaker, and also a budding entrepreneur.
Away from crypto however, Mayowa’s fancied distractions include soccer or discussing world politics.
– Advertisement –
Following Uphold’s recent announcement that it has integrated Cardano, the duo said it would be hosting a webinar to discuss the initiative in detail.
A recent Tweet by Uphold announces plans to host a webinar on August 17, 2022, at 4 PM UTC. The webinar will bring together senior executives, including Cardano Foundation John Macpherson’s Senior DeFi Relationship Manager.
According to the event calendar, the webinar will focus on Cardano’s development roadmap. The fact that Uphold will host the webinar indicates that the two entities mean business and are set to offer the best to the community.
Cardano and Uphold took to their respective Twitter handle to announce the development.
We’re excited to announce that we’re hosting an exclusive webinar with Sandro Knöpfel, Head of Financial & Regulated Institutions & John Macpherson, Senior DeFi Relationship Manager at Cardano on Wed 17th August, 4PM UTC!
Register here 
https://t.co/gIFSzTgpn9
See you there! pic.twitter.com/QXXOca6jfP
— Uphold (@UpholdInc) August 9, 2022
Meanwhile, the Cardano Foundation noted that it would use the opportunity to update its community about recent developments on the blockchain and upcoming projects.
Join the webinar tomorrow to hear about:
The latest releases to the #Cardano #blockchainWhat’s up next on the project roadmapWhat sets Cardano apart from other platforms@UpholdInc‘s new integration with Cardano which allows for deposits, withdrawals, and staking https://t.co/J35A0St9JE
— Cardano Foundation (@CardanoStiftung) August 16, 2022
Cardano’s Price Performance
Cardano (ADA) has been making waves in the market as the coin gained value by significant margins. The coin is now trading at $0.57, with a 4% 24-hour increase and a 7-day uptick of 12.7%.
Cardano’s success can partly be attributed to its resilience in the sometimes tumultuous market and efforts to enter into partnerships with various crypto and blockchain-related entities.
Uphold Fully Integrated Cardano
Earlier this month, the blockchain network and its native coin (ADA) scored a significant win with Uphold. Uphold, the digital money platform, recently added support for Cardano, thus giving its more than 1.7 million users access to deposit, withdraw, and stake ADA.
What Is Uphold?
Covering over 200 currencies that include crypto and fiat, Uphold prides itself in serving over 184 countries across the globe. It facilitates flawless cross-border fund transfers.
The platform has handled over $4 billion in transactions since its inception in 2015. The platform links users and businesses worldwide with e-money apps that facilitate trading between currencies in a safe environment.
Importance of ADA Integration on Uphold
Uphold’s the integration of Cardano will boost Cardano’s position as one of the most prevalent blockchain networks in the industry. It will also boost ADA’s reach as it gets introduced to a larger user base on Uphold.
Uphold plans to support ADA deposits, withdrawals, and staking. With Cardano’s Vasil upgrade coming of age soon, the integration with Uphold will surely be a considerable boost.
– Advertisement –
Source: https://thecryptobasic.com/2022/08/17/cardano-and-uphold-to-host-a-joint-webinar-following-integration-of-ada-to-upholds-platform/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-and-uphold-to-host-a-joint-webinar-following-integration-of-ada-to-upholds-platform
]]>