Breaking: Telegram CEO Pavel Durov allegedly arrested in France
Reports are trickling in via social media and mainstream news outlets, but so far, we haven’t seen any official confirmation.
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Founder of Former ConsenSys-Backed Startup Sues Joseph Lubin for $13M
The founder of ConsenSys-incubated startup Token Foundry, Harrison Hines, is suing Ethereum co-founder Joseph Lubin for breach of contract.Per court documents filed with the Supreme Court of the State of New York County of New York, Hines has filed a lawsuit against Lubin in connection with “breach of contract, conversion, quantum meruit, unjust enrichment, fraud,…
Disney launches NFT platform with Dapper Labs
The NFT platform, dubbed Disney Pinnacle, will go live later this year. 443 Total views 3 Total shares Disney has created a nonfungible token (NFT) platform together with blockchain and metaverse firm Dapper Labs.According to the Nov. 14 announcement, Disney will tokenize its iconic cartoon characters from the past century onto its NFT marketplace, dubbed Disney
Trustless bridges may be the key to blockchain interoperability
Crypto and blockchain enthusiasts take pride in belonging to a community that is working on the future of financial systems. Yet, the community is innately fragmented thanks to multiple blockchains working independently of each other. The dream of mass adoption of blockchain and decentralized finance faces a major hurdle: a lack of interoperability.Meanwhile, decentralized applications…
Crypto asset investment in Latvia declines by 50% over past year, per central bank
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.” 195 Total views 1 Total shares The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."The central bank attributed the falling interest…
Bitcoin fundamentals diverge from BTC price dip as difficulty hits new all-time high
Difficulty follows the hash rate to hit levels never seen before, underscoring miners’ faith in long-term profitability. 2172 Total views 11 Total shares Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever.Data from on-chain monitoring resources including Glassnode and BTC.com confirms that…
India’s Complex Relationship with Crypto
A blow was struck to the crypto community in India in late April as reports circulated regarding a proposed ban on cryptocurrencies. India has a strong and passionate community of crypto enthusiasts, however, their steadfast belief in the value of cryptocurrency does not appeared to be mirrored in the diverse organs of the Indian state. Cointelegraph…
South Korea to Announce Its ICO Stance in November, Top Official Says
South Korean government is “likely” to announce its official position on Initial Coin Offerings (ICOs) in November. A local business newspaper The Investor reported this on Thursday, Oct. 11, citing a “top official,” Hong Nam-ki.As per the chief of the office for Government Policy Coordination Hong Nam-ki, South Korean officials have already held several discussions…
New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity. 1294 Total views 23 Total shares Another major player in the cryptocurrency world is forecasting a dismal year for Bitcoin (BTC) in 2022. Following the United States Federal Reserve’s and other central banks’ tightening…