According to reports, Terraform Labs co-founder and defendant Do Kwon will file an appeal against the court’s decision to prolong his custody by up to a month in Montenegro. The 31-year-old developer apparently went into hiding for a while when the project’s native token, LUNA, and its algorithmic stablecoin, UST,
March 27, 2023 2 mins read
Bitget, the world’s biggest cryptocurrency copy trading platform, has announced a strategic alliance with Space and Time (SxT), a pioneer in decentralized data warehousing. With a verifiably tamper-proof audit trail of data and computation, the cooperation will allow Bitget to provide consumers with an unmatched level of transparency in exchange
March 27, 2023 2 mins read
Fujitsu, a major Japanese technology company, has applied for a trademark with the US Patent and Trademark Office (USPTO). Indicating its intention to provide cryptocurrency trading brokerage services, among other crypto and non-crypto financial facilities. According to the March 16 trademark application submitted by Fujitsu. The company is seeking registration
March 26, 2023 1 min read
After the recent airdrop, the price of Arbitrum’s native ARB was highly volatile, eventually settling within the top 40 most valuable cryptocurrencies. After the project released the much-anticipated token to users of the Ethereum scaling network, as of this writing CMC ranked it as the 37th biggest digital asset by
March 26, 2023 1 min read
Recently, attorneys for FTX Group and Modulo Capital revealed their desire to settle out of court, thus wiping away 99% of the VC firms’ books. Today, FTX announced plans to sell its ownership in Mysten Labs back to Mysten in an effort to raise as much money as possible. Unlike
March 25, 2023 1 min read
The U.S. Department of Justice is reportedly looking into whether or not top bankers helped Russian billionaires circumvent sanctions against their nation. Credit Suisse Group AG and UBS Group AG are allegedly two of the institutions under scrutiny. According to Bloomberg, the United States government has subpoenaed a number of
March 24, 2023 1 min read
El Salvador is obviously focused on technological improvements as the rest of the globe contends with banking and other economic issues. Consequently, President Nayib Bukele intends to do away with all taxation related to technological development. Income, property, and capital gains taxes, as well as tariffs on imported goods on
March 24, 2023 1 min read
Despite being formally seized by European authorities, the Russia-connected cryptocurrency exchange Bitzlato has partly restored access to customer funds. Due to enforcement from the United States and Europol. Bitzlato has allowed its customers to withdraw up to 50% of assets locked on the platform. The company said on its Telegram
March 23, 2023 1 min read
Priority Power, a company that specializes in energy infrastructure, was given an order by the United States Bankruptcy Court for the Southern District of Texas to acquire around $20.8 million worth of mining equipment from Core Scientific. Two Texas mining facilities that were expected to generate 1,000 megawatts of power
March 22, 2023 1 min read
During the last two months, the popularity of “Bitcoin NFTs” has skyrocketed with the introduction of Ordinals, a protocol that enables users to digitally imprint media and text on the original blockchain, with over 500,000 such “inscriptions” having been produced already. Today, a major NFT marketplace on another chain is
March 22, 2023 1 min read
