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Fireblocks is facing a legal suit for failing to backup the private keys to the pockets. The lost pocket contained 38,178 ETH, estimated to be greater than $72 million at the time. Fireblocks Faces a Lawsuit The Crypto-custody provider, Fireblocks is an all-in-one platform to store, transfer, and issue digital
Cryptocurrency prices have fluctuated wildly in recent weeks as China intensifies a crackdown on trending and mining operations. On June 21 Bitcoin slumped more than 10% after Beijing pulled the plug on the massive mines of Sichuan province. China’s regulatory assault on the digital currency has Crypto watches reaching for
The German Football Association (DFB) now is all set to enter into the non-fungible tokens (NFT). Sorare, being a platform for fantasy digital soccer, will be the blockchain provider through which DFB will make its non-fungible tokens (NFT). The Alliance and Agreement The sport of football will be incomplete without
An American attorney and former business executive, Chris Giancarlo, the former Chairman of the US Commodity Futures Trading Commission. One of the few high-profile officials who served under the administrations of both Obama and Trump. As the former Chairman of Commodity Futures Trading Commission, Giancarlo’s last venture was a digital
Polywhale Finance exit scam worth over $1 million. The Polywhale Finance official Telegram group closed permanently. The treasury wallet had reduced to just 1.6 million. A leading yield farm on the Polygon network is Polywhale Finance. The developers of Polywhale Finance have abandoned the project in which appears to be
McCourt invested $100 M to support Decentralized Social Media Project. The decentralized platform could also discourage bad behavior. McCourt hired the co-founder of the meal delivery service Sun Basket. A new effort for a decentralized social media project based on blockchain technology supported by the former owner of the Los
Rapper Raftaar Accepts Cryptocurrency for Performance Fee He thanked his manager for making the necessary arrangements. Raftaar did not reveal which cryptocurrency he will be paid in. Rapper Raftaar becomes the first Indian artist in accepting cryptocurrency for his performance fee for an upcoming performance in Canada. Moreover, Raftaar said,
Hive Blockchain Technologies List its Share on Nasdaq. Currently, Hive trades on TSX Venture Exchange. The company has a specific focus on green energy. The publicly traded Canadian crypto-mining company, Hive Blockchain technologies announced it have received approval to list its share on Nasdaq. Moreover, a global electronic marketplace for
Blockchain exchange-traded funds (ETFs) invest in companies that use blockchain technology or profit from it in some way. Blockchain is composed of complex blocks of digital information and is increasingly being used in banking, investing cryptocurrency, and other industries. The financial sector reports that blockchain ETFs are positively gaining traction
The Mobility Open Blockchain Initiative (Mobi) which comprises more than hundreds of companies and the world’s greatest automobile makers altogether is set to solve a variety of issues in the automotive industry. This altogether would be based purely on blockchain technology. It is all set to measure the carbon dioxide
