How to use blockchain and smart contracts in procurement
Learn how to integrate blockchain technology into your procurement process to make them more efficient and secure.
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7 Crypto Firms Targeted by 11 Lawsuits in New York
Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3.The suits were filed by Roche Freedman — the same law firm representing the estate of the late Dave Kleiman in the ongoing dispute with self-proclaimed Satoshi Nakamoto, Craig Wright.Eleven lawsuits target seven crypto companiesThe…
FTX, ByBit rise in web traffic despite overall traffic drop on CEXs
The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in website traffic.A few major global crypto exchanges, including Sam Bankman-Fried’s FTX, have experienced a significant increase in web traffic despite the bear market of 2022, according to the website…
ConsenSys Invests in Blockchain Startup Founded by ‘Rival’ R3’s Former Execs
Ethereum (ETH) co-founder Joe Lubin has made a $6.5 million investment to secure a minority stake in enterprise distributed ledger (DLT) startup DrumG Technologies, Forbes reports October 1.Lubin’s investment comes via his blockchain startup ConsenSys, and is notable given that DrumG Technologies is headed by senior level executives from the ostensibly rival blockchain consortium R3.…
The perils of suing crypto exchanges after ransomware attacks
In October 2019, unknown hackers infiltrated a Canadian insurance company by installing the malware BitPaymer, which encrypted the firm’s data and IT systems. The hackers demanded a ransom of $1.2 million be paid in Bitcoin (BTC) in return for the decryption software needed for the firm to regain access to its systems. The firm’s United Kingdom-based…
Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange
Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin.Three trading pairs go liveConfirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) — was now live. In…
Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings
Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs.
Waves sets up $3M grant fund to promote cross-chain interoperability
It's not just for projects building on Waves though. 2863 Total views 13 Total shares The Waves Association announced on Wednesday a new grant program for cross-chain interoperability development.The pool consists of one million WAVES tokens, worth approximately $3 million as of press time. Projects will be eligible for grants up to 300,000 WAVES to…
Post-FTX crypto industry needs education before regulation: Former Biden advisor
“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph.