Court denies Kraken’s motion to dismiss SEC lawsuit

Beeple’s Crossroads NFT has been resold for $6.6 million, more than 100 times its original price, and smashing the previous record of $1.5 million for an individual NFT. 523 Total views 9 Total shares Buzzy digital artist Mike Winkelmann, aka Beeple, made NFT history yesterday with his piece, “Crossroads”, netting $6.6 million on the secondary…

Stablecoin giant Tether is eager to learn about the possibilities of introducing new business lines into Turkey's banking in cooperation with the local crypto firm BTguru.

A patent by U.S. crypto exchange and wallet provider Coinbase proposes a new mechanism for further securing Bitcoin (BTC) payments, according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 14. The filing claims that existing systems do not adequately address concerns “that the private keys of [users’] Bitcoin addresses may…

This one won't just be another instance of CeDeFi, the exchange reassures. 239 Total views 2 Total shares Bithumb, a major cryptocurrency exchange based in Korea, announced the upcoming launch of Clover, a blockchain platform targeted for decentralized finance and powered by Polkadot (DOT) technology.The company says that Clover will be an open platform for DeFi…

Nike, the United States footwear and clothing behemoth, has recently joined the ranks of mainstream corporations that are considering entering the field of cryptocurrencies, currently spearheaded by the likes of Facebook and Starbucks.A document filed with the U.S. Patent and Trademark Office (USPTO) surfaced online earlier this week, revealing Nike’s intention to launch “cryptokicks” —…

The coronavirus pandemic is the only thing on most people’s minds right now around the world.The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and Europe. People remain firmly in quarantine around the world, and consumer demand has fallen off a cliff as people are…

Japanese electronics giant Sony has filed two patents for boosting blockchain-based ecosystems, according to filings 20180218027 and 20180219686 published by the U.S. Patent and Trademarks Office (USPTO) Aug. 2. Through the patents, Sony intends to improve the design and structure of blockchain hardware by introducing new circuitries to the processes of distributed ledger technology. The…