Lawsuits could be catastrophic for DAOs if denied ‘limited liability’

On July 11, fraudsters hacked into digital payment platform Cashaa’s over-the-counter desk, which serves Indian customers, and stole 336 Bitcoin (BTC), worth approximately $3.1million. Although Cashaa stated that there have been no users affected by this hack, they did put a hard stop on all crypto-related transactions for 24 hours to understand the incident better.Cashaa…

Luiz Philippe de Orleans-Braganza, a descendant of the former royal family of Brazil, has spoken out against cryptocurrency regulation in the country, Cointelegraph Brazil reported on July 15.Orleans-Braganza, who is also a federal deputy in the Brazilian National Congress, spoke out during a special commission meeting wherein lawmakers discussed a bill that proposes a legal…

Crypto mining firm Riot Platforms seeks to terminate “certain hosting agreements” with Rhodium and requests exemption from any owed power credits to the counterparty. 296 Total views 2 Total shares Crypto mining firm Riot Platforms – formerly Riot Blockchain – is seeking to recover “more than $26 million” in alleged unpaid fees from Texas-based Bitcoin…

United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Stellar Lumens, according to an announcement published on March 18.The update states that users can now store, buy, and send Stellar’s cryptocurrency, the Stellar Lumen (XLM), on the Coinbase website, as well as on the Coinbase iOS and Android apps.The publication underlines…

Several high-profile investment firms contributed to the funding round, suggesting interest in the space is far from waning any time soon. 406 Total views 26 Total shares Crypto and nonfungible token (NFT) ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital, and others.BitsCrunch uses…

Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in June.The Bitcoin Volatility Index, which measures the daily fluctuations in Bitcoin’s (BTC) price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of the…

According to the research, blockchain provides several game-changing benefits for intellectual property licensing and management. A professor from the Texas A&M University School of Law recently published research exploring blockchain technology use cases in the world of copyright administration. According to their findings, blockchain has the potential to radically alter the way intellectual property is

Bold plans for a non-fungible token linked restaurant and private members lounge in San Francisco have come to an abrupt end, after the company behind the project halted construction due to challenging macroeconomic factors. The two venues were being built on Salesforce Park, and were going to be dubbed the “Sho Restaurant” and “Sho Club

Proof-of-stake cryptocurrency platform Algorand has created a global survey intended to compile an open database on the spread, status, and symptoms of the COVID-19 pandemic.On March 27, the company tweeted that its ‘IReportCovid’ survey app will contribute to a global data repository that updates in real-time to inform about pandemic relief efforts.Algorand launches survey to…