Crypto bankruptcies net law firms $751M in fees

Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain.Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration with fintech company Symbiont — with GrainChain set to transition from HyperLedger Fabric to Symbiont’s enterprise blockchain platform, Assembly.Medici is…

During the import of Bitcoin (BTC) chain data, an additional 2.04 million units of altcoin Bitcoin Private (BTCP) have reportedly been secretly coined, crypto assets analytics website Coin Metrics reports Dec. 23.The allegedly secretly coined cryptocurrency — a fork merging Bitcoin and ZClassic — is worth $3.672 million at press time.The project’s white paper states…

Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish.

Payment services providers have also cut ties with major crypto exchanges despite having the same rate for gambling and fantasy sports platforms. 566 Total views 14 Total shares Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after the tax rule implementation. India’s new…

As Web3 tools and features become integrated into many known Web2 communities, creating NFTs that are family friendly becomes a need in the space. 449 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTNonfungible tokens (NFTs) continue to be a dominant force within the Web3 space for increasing…

Members of the Zcash (ZEC) community have discovered a suspicious and potentially malicious counterfeit version of Zcash Foundation’s native ZecWallet.According to a Twitter post published on Oct. 20 and retweeted by Zcash developer Electric Coin Company, the fake ZecWallet likely contains malware. The tweet reads:“PSA to all Zcash users! There is a fake version of…

The recent liquidity crisis at FTX will increase regulatory scrutiny in the crypto industry, which is what institutional investors are seeking, a number of sources told Cointelegraph on Nov. 10.“This event will be used as a cornerstone to spark new crypto regulations, which is good for the healthy development of the industry. A more comprehensive…

The decentralized finance coalition has onboarded 22 leaders from 19 teams to help further its mission of bringing 100 million people into DeFi by 2025. 3670 Total views 18 Total shares Non-profit decentralized finance alliance, GoodFi, has announced the addition of 22 DeFi industry leaders to its newly formed Board of Advisors including representatives from…

One official said that after banning crypto payments in late 2019, Uzbekistan won’t ever reconsider its decision. 534 Total views 57 Total shares The Republic of Uzbekistan will never adopt cryptocurrencies like Bitcoin (BTC) as a payment method, according to a central bank official.Behzod Khamraev, deputy chairman of the Central Bank of Uzbekistan (CBU), predicted…