OPNX CEO scolds claimed backers after some deny investing in the firm
OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company.
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US Software Giant Intuit Awarded Patent for Processing Bitcoin Payments via SMS
U.S. software company Intuit has been awarded a patent for processing Bitcoin (BTC) payments via text message (SMS), according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 7. The patent, which outlines a system through which users can transfer BTC funds via sending an SMS on their cellphones, was originally…

IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve
The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United States-based tech startup companies. These assets back the…

Bitcoin Takes Aim at $7K as Deutsche Bank Hails ‘End of Free Market’
Bitcoin (BTC) was aiming for $7,000 on April 14 as a sudden $600 dip gave way to a slow grind upwards as the week began.Cryptocurrency market daily overview. Source: Coin360Filbfilb: BTC needs “game changer” $7,250 closeData from Coin360 and Cointelegraph Markets showed BTC/USD challenging $7,000 resistance on Tuesday. Previously, a slump in traditional market futures produced…

Tether’s game plan in El Salvador: Why invest in Volcano Energy?
Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC. 542 Total views 3 Total shares Stablecoin issuer Tether has dipped into its war chest to invest in El Salvador’s $1 billion renewable energy project to help drive Bitcoin (BTC) adoption in the Central American…

The post-consortia era: How enterprises are embracing Web3 structures
Now that the initial hype surrounding blockchain applications and the prolonged blockchain “winter” that followed are left behind, we now find ourselves in the middle of a “spring” that is helping organizations reimagine how they deliver value. So much so that blockchain is expected to add $1.76 trillion to the global economy by 2030, according…

Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns
Canadian banks have showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets, national public broadcaster CBC reports on Feb. 22.QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten, who was the allegedly only one with access to the exchange’s cold wallets.As Cointelegraph reported earlier this week, QuadrigaCX has…

Litecoin txs surge 243% in 5 months amid ETF hype: Santiment
The price of Litecoin spiked more than 8% as Canary’s spot Litecoin ETF made a move to prepare for its potential approval.

Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in
Rumors continue to swirl suggesting the two-year legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) may be coming to an end as early as this week, prompting the crypto community to weigh in on the matter. Speculation about the potential settlement appears to have come from a Dec. 10 ask-me-anything…