Here’s what happened in crypto today

2021 was a breakout year for the cryptocurrency sector and this year is expected to see an extension of the “mass adoption” trend.Public awareness of blockchain technology is on the rise and a new cohort of projects designed to fill more niche roles in society are likely to emerge in the coming months. Three sectors…

A United States District Court has allowed a nearly three-year-long class action lawsuit against the creators of HelbizCoin to go ahead, as per a court ruling filed on Sept. 1.The class action suit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with an amended complaint filed in March 2022.

The Bank of New York Mellon (BNY Mellon) has joined blockchain software firm R3’s trade finance network, the Marco Polo Network.The American banking and financial services firm — which has over $1.9 trillion in assets under management — will conduct an evaluation program using the technology, Marco Polo announced Nov. 25.By joining Marco Polo, BNY…

Grayscale hopes to build off the success of Kraken’s donate-and-match program from 2018. 1385 Total views 7 Total shares Grayscale Investments, the world’s largest digital-asset manager, has pledged $1 million to Coin Center, Washington, D.C.’s most influential cryptocurrency advocacy group — a move it believes will help broaden “foundational knowledge” of the industry.The million-dollar donation…

A Grin (GRIN) developer funded by the Litecoin Foundation has suggested a solution for fixing the “Achilles heel of Mimblewimble privacy.”David Burkett, a developer at Mimblewimble’s (MW) privacy-centric coin Grin, started a thread on monthly updates detailing progress on both Grin’s development and the integration of MW’s privacy-focused technology into Litecoin (LTC). The developer announced…

Prices are volatile for Grayscale's LTCN stock asset. Grayscale's LTCN asset, boasting publicly quoted over-the-counter shares, currently trades far above the price of Litecoin (LTC) — its underlying asset.At press time, Litecoin trades at $60.62, while LTCN shares trade at $54.01. The two prices seem close, although each share of LTCN equals just 0.094 LTC, according to…

The group said that all technologies — seemingly including crypto — had the potential to enable emissions reductions as well as increased emissions based on how they were governed. 69 Total views 2 Total shares The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or…

Ask someone what an NFT is, and they'll instinctively think of digital art — the CryptoPunks, Bored Apes and Ether Rocks that have sold for eye-watering sums.In some circles, nonfungible tokens have been dismissed as a vehicle for speculation, with critics lamenting that demand for such assets is fueled by greed.But this argument doesn't give…

A U.S. federal judge sided with the SEC, finding that Ian Balina broke securities laws by participating in a 2018 crypto token ICO.