Elon Musk’s Twitter buyout is going so poorly that banks had to issue pay cuts

The operator of Australia’s ‘PayID’ payments network is suing Ripple Labs over its use of ‘PayID’ branding. Ripple is facing a lawsuit from New Payments Platform Australia (NPPA) — a consortium that includes every significant bank in Australia. While court documents are yet to have been made public, it is believed the suit alleges intellectual…

Chia Network has raised $61 million in funding from leading tech investors including Andreesen Horowitz and Naval Ravikant for its supposedly eco-friendly crypto network. 14171 Total views 7 Total shares Blockchain startup “Chia Network” has raised $61 million in a funding round which included investment from top venture capital firms Andreessen Horowitz and Richmond Global…

The amount of Tether (USDT) tokens issued on the Tron (TRX) blockchain now accounts for nearly 12% of all USDT tokens.350 million to 450 million in one dayLaunched in mid-April 2019, TRC20-based USDT has hit a total supply of over 490 million tokens on Oct. 25, which now makes up almost 12% of the 4.1…

The suspect has claimed over 40,000 STRK coins that belonged to victims, before converting them to over $90,000 USDT.

Bermuda-based fintech firm Velocity Ledger Technology (VLT) has launched a testnet and blockchain API for trading digital assets in Bermuda, according to a press release shared with Cointelegraph on May 28.VLT is reportedly letting users develop digital asset applications with their blockchain viewer and web portal, if they are granted early access to the products…

A historic first for China combines with oil reverting to 1987 levels to produce fresh uncertainty across global markets, while Bitcoin flounders. 793 Total views 34 Total shares Bitcoin (BTC) was fighting to keep $7,000 support on April 17 as China saw a historical GDP contraction and oil sank to prices last seen in 1987.Cryptocurrency…

One project claims to be bringing together "streaming, VR, metaverses and NFTs" into one platform for music fan engagement and some degree of control. 392 Total views 22 Total shares Blockchain is rapidly becoming the innovative force industry insiders have been promising for years. The number of projects and artists offering their works using it…

A longshot effort from the community hopes to solicit an official White House response 6840 Total views 24 Total shares As token prices plunge and Ripple prepares for court, a band of XRP enthusiasts have rallied around a petition that may force a White House statement on the recent SEC lawsuit alleging Ripple conducted an…

According to a report by market research firm HFS Research, blockchain technology will play a decisive role in establishing the future “hyperconnected economy.” 427 Total views 11 Total shares According to a report by market research firm HFS Research, blockchain technology will play a decisive role in establishing the future “hyperconnected economy.”A report excerpt recently…