NFT holders sue art gallery, alleging it broke metaverse promise

Main Street businesses hit by the COVID-19 crisis now have access to a lifeline from fintech lenders.On April 9, the United States Small Business Administration (SBA) released its application form for nonbanks to sign on as lenders under the federal Paycheck Protection Program (PPP).Speaking to Cointelegraph on April 10, John Pitts, head of policy at…

The J.M. Smucker Company, also known as Smucker’s, has announced that it will use blockchain technology to trace Colombian coffee beans directly back to their source while allowing consumers the opportunity to support coffee farmers.The American food manufacturer has formed a partnership with Farmer Connect — an organization committed to increasing transparency and sustainability in…

Avail joins forces with leading layer-2 networks for increased Web3 scalability through data availability and rollup unification for a more interconnected blockchain landscape

Bitcoin (BTC) energy consumption is becoming rapidly more efficient, new data shows as hash rate continues to hit record highs.Record hash rate with less powerData from aggregator Statista accessed on Sept. 5 showed that despite more computing power being dedicated to Bitcoin mining, less electricity is required to fuel it. According to one chart, energy consumption…

Buterin also lauded the recent rise of Ordinals and believes it has brought the builder culture back to the Bitcoin ecosystem. 241 Total views 2 Total shares Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like the zero-knowledge (ZK) rollups to become more than another payment network. Buterin’s comments came during a…

Despite complaints of technical difficulties, attendees said that they were pleased with the South Korean electronics company’s willingness to embrace burgeoning technology and focus on sustainability. 409 Total views 5 Total shares Samsung has unveiled its new range of Galaxy S22 premium smartphones at its virtual Samsung 837X space in the Decentraland metaverse.Over 100,000 users…

Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’

3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly, or is in control of a third-party. Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThree Arrows Capital (3AC) founders Zhu Su and Kyle Davies…

Investors are hodling into all-time highs this time, not selling, as was the case toward the end of Q1. 715 Total views 11 Total shares Bitcoin (BTC) faced stiff resistance near previous highs on Oct. 8 as a fresh push over $56,000 quickly ended.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuying the dip? $53,000 is “logical”Data…