‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs
MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.
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Vanbex Founders Sue Former Contractor for False Statements That Firm Was a Scam
Canadian blockchain firm Vanbex has filed a lawsuit against its former contractor for spreading false and defamatory statements about the firm, as Vanbex announced on May 1.On March 14, Canadian police froze personal assets of the firm’s founders Kevin Hobbs and Lisa Cheng due to an allegedly fraudulent initial coin offering (ICO).According to court documents,…
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US energy NGO warns of overwhelming demand as ERCOT considers crypto proposals
Government policy and challenges getting projects online complicate energy policy and may have grave consequences. The North American Electric Reliability Corporation (NERC), a nonprofit corporation that oversees regional organizations that support energy reliability, has released its annual long-term reliability assessment of the United States electrical grid. It identified large portions of the United States and
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How Tokenization Is Transforming Film Financing, Wesley Snipes’ Fund
As the world of finance continues adapting to contemporary innovations, it almost cannot help but drag other industries along for the ride — willingly or otherwise. Film is one such sector currently undergoing a quiet revolt, concocting a radical subversion to traditional models of financing. This is partly due to the emergence of distributed technologies…
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Ethereum Co-Founder Joseph Lubin: Crypto Price Collapse Will Not Constrain Further Growth
Ethereum co-founder and ConsenSys Inc. CEO Joseph Lubin said in an interview with Bloomberg Aug. 14, that he does not see the recent cryptocurrency price collapse as a constraint to further growth. In а recent discussion on the state of the cryptocurrency market with Bloomberg, Lubin said that the value surges of the past year…
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Report: Alipay and WeChat Pay Require Huobi to Remove Payment Methods from OTC Desk
Alipay and WeChat Pay reportedly requested that crypto exchange Huobi remove their payment services from its over-the-counter (OTC) trading desk, local media agency Sina reported on Jan. 25.Major Chinese digital payments providers, Alibaba’s Alipay and Tencent’s WeChat Pay, have reportedly sent legal letters to Huobi, claiming that using both their services and logos on the…
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Alameda Research invests $2M into crypto market maker Efficient Frontier
Alameda Research has invested $2 million in a Tel-Aviv-based market maker claiming to process nearly $10 billion in volume monthly across 50 crypto exchanges. 3020 Total views 19 Total shares The news was announced by Efficient Frontier on March 15, with the company stating the funding will be used to “expand its balance sheet” and…
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Bitcoin Double-Spends an Inevitable Network Feature, Legitimate or Not
Double-spending is an issue that has existed ever since Bitcoin’s (BTC) inception, and according to a recent report from ZenGo, it still persists across cryptocurrency wallets such as BRD, Ledger Live and Edge.Although these companies have updated their product offerings since ZenGo pointed out this discrepancy, it is speculated that millions of crypto users could…
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Blockchain Fantasy Soccer Game Sorare Signs Licensing Deal With Real Betis
Blockchain fantasy soccer game Sorare has signed a licensing agreement with Real Betis — the Andalusian soccer team that drew the French star player Nabil Fekir to La Liga last summer. 1204 Total views 45 Total shares Blockchain-based fantasy soccer game Sorare has signed a licensing agreement with Real Betis — the Andalusian soccer team…