Dolce & Gabbana face class action lawsuit after NFT delivery kerfuffle
The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.
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Free TON achieves mainnet status after reaching ‘sufficient decentralization’
With more than 400 validators and DAOs, Free TON is now considered in mainnet status. 687 Total views 6 Total shares The Free TON project, a community-led software fork of Telegram’s ultimately ill-fated attempt at launching a blockchain, announced on Tuesday the launch of the project’s effective mainnet.The network had originally launched in May 2020,…

How Real World Use Cases Will Drive Crypto Growth in 2020
As Bitcoin enters its twelfth year, the past eleven offer a meaningful amount of time to identify key trends that have emerged around cryptocurrencies and blockchain technology. These trends provide insights that are helpful in projecting the future of the digital asset space and how it will take shape over the next decade.In reflecting on…

Binance Venus Aims to Outshine Libra and Chinese National Crypto?
Within the past 12 months, stablecoins have transformed from a niche idea to tackle the issues of a volatile market into methods of payment championed by some of the world’s biggest and most powerful tech companies. Facebook’s announcement that it would be supporting the launch of a reserve-backed stablecoin played a vital role in turning around…

Bitcoin bulls at risk? Tether growth rate flatlines despite market cap crossing $64B
Tether Holdings Ltd, the issuer of the largest stablecoin, Tether (USDT), reported that its total market capitalization had crossed $64 billion for the first time in history.The company called the event a “milestone,” adding that it is another indication of the cryptocurrency market’s “continued trust and confidence” in its stablecoin.— Tether (@Tether_to) August 16, 2021…

Miami blockchain folk hero secures $5M for community tokenization
The fund will be used to help residents secure affordable housing through blockchain initiatives. 65 Total views 2 Total shares On May 17, the Captain Haiti Foundation, a 4947(a)(1) charitable trust, announced a $5 million raise sponsored by private equity firm Dargent Group. The Captain Haiti Foundation says the partnership aims to leverage blockchain technologies to…

Is Bitcoin at risk of another drop below $40K in a historically corrective March?
Bitcoin (BTC) has seen a corrective week as the price dropped from $58,000 to $44,000 in a matter of days. This dropdown caused a panic reaction across the markets as the euphoria was immediately halted.For instance, the Crypto Fear and Greed Index plunged to monthly lows of 56 after being above 90, or "extreme greed"…

Mt. Gox Trustee Reveals Draft Rehabilitation Plan
The trustee for the defunct Mt. Gox cryptocurrency exchange has drafted a rehabilitation plan for creditors.The plan will see claims for fiat currencies, Bitcoin (BTC), and Bitcoin Cash (BCH) honored in their requested form, while all other crypto assets “will be liquidated into cash to the extent possible."Mt. Gox trustee to liquidate all crypto excluding…

Bitcoin price retains $27K, but forecast says ‘correction is incoming’
Bitcoin (BTC) attempted to rescue $27,000 support on March 28 as the dust settled on United States regulatory action against the Binance cryptocurrency exchange.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance CEO dismisses “disappointing” complaintData from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedly testing the $27,000 mark overnight.The pair had seen downward volatility the day…