NanoLabs, the firm behind the Nano (NANO) digital currency, has filed a lawsuit against Coinbase for trademark infringement. NanoLabs claimed trademark infringement on February 24 in a lawsuit filed in California’s Northern District Court against Coinbase over the latter’s Nano Bitcoin futures contract and Nano Ether futures contract. Moreover, NanoLabs
Whilst widespread adoption is a stated objective in the blockchain sector, educating the general public about Web3 might be challenging. With its new Create Web3 Dapp, or CW3D, platform, Alchemy intends to increase interest in decentralized technologies. Product Manager at Alchemy Elan Halpern stated: “Our overall mission and vision is
The world’s largest digital asset Bitcoin’s (BTC) chart signals green after trading for five days in a red candle. Since the beginning of 2023, the global crypto market showing some positive recovery from its prolonged bear market. At the time of writing, the overall market cap was $1.12 trillion, which
According to court documents released on Wednesday, a federal judge rejected a class action complaint that claimed investors on Maker, one of the major decentralized finance protocols, lost almost $8 million due to the platform misrepresenting dangers. Over-collateralized debt positions on the Maker platform were allegedly portrayed as more safe
After another successful reboot, the Solana blockchain is available again. A bug that slowed the blockchain for hours on Saturday has been fixed. The developers are still keeping an eye on how the network is doing. It was previously reported that the Solana network had an outage on the morning
While the price of cryptocurrencies fell dramatically last year, the industry that mines them suffered greatly. Some well-known firms in the industry went bankrupt, while others were forced to lay off employees and close locations to stay competitive. Revenue for the Canadian cryptocurrency miner Hive Blockchain, which had been at
Before the much-anticipated March update to Ethereum Shanghai, Tron founder Justin Sun staked millions of dollars’ worth of Ethereum (ETH) on the Ethereum liquid staking platform Lido Finance. On February 25th, on-chain analytics portal Lookonchain disclosed that an address attributed to Justin Sun staked over $240 million in ether (ETH)
San Francisco, USA, 25th February, 2023, Chainwire Telept Inc., a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City, which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model
As a technical glitch slowed users’ ability to trade cryptocurrencies, move assets, or do anything on the Solana network’s blockchain early Saturday. Infrastructure providers scrambled to fix the problem. According to Solana’s Discord channel, the blockchain began “forking” at about 00:53 New York time. After that, the RAM of validators
Moving steadily towards a Mainnet Beta release in March 2023, Polygon’s (MATIC) zero-knowledge Ethereum Virtual Machine (zkEVM) is making progress. Due in large part to this monumental development, MATIC has seen its price rise dramatically over the last 30 days. Yet ETH whales have been discovered stockpiling MATIC in preparation
