In a statement on Tuesday, the Sui Foundation, the organization spearheading the development of the Sui crypto network, clarified that it had not carried out any sales of staking rewards on the Binance cryptocurrency exchange. The purpose of this communication is to share information regarding the tokenomics of the Sui
Startale Labs Pte Ltd, a Web3 tech business that builds multichain apps and infrastructure, has received $3.5 million in investment from Sony Network Communications Inc. via a private issue of new shares. Startale Labs and Sony Network Communications will also look at prospects for extensive commercial partnerships with the common objective
HyperCycle, a ground-breaking Layer 0++ blockchain infrastructure designed for quick and affordable AI-driven micro-transactions, has teamed up with Penguin Group to launch HyperPG, a cutting-edge program for accessing HPC for the rapidly expanding AI economy. Through the cooperation, the HyperPG platform will be made accessible to both businesses and individuals,
Several celebrities will be among the judges for a forthcoming NFT collection to feature winning pieces of digital art. In order to benefit The Foundation for AIDS Research (amfAR). These include models Kendall Jenner and Kate Moss, musician J Balvin, artist Jeff Koons, and director Baz Luhrmann to name a
Joseph O’Connor, alias “PlugwalkJoe,” was given a five-year jail term in the United States for his part in a SIM swap assault on a cryptocurrency exchange executive in April 2019 that resulted in the theft of $794,000 worth of cryptocurrencies. O’Connor was apprehended in Spain in July 2021. and eventually
On Friday, a federal court in Manhattan accepted Hermes’ plea to permanently stop the sale of “MetaBirkin” non-fungible tokens by artist Mason Rothschild, after a jury found that the tokens infringed on the French luxury house’s trademark rights in its famous Birkin handbags. U.S. District Judge Jed Rakoff said that
After publicly criticizing XRP and its community, Cardano founder Charles Hoskinson denies rumors of previously collaborating with Ripple. When the U.S. Securities and Exchange Commission (SEC) classified Cardano as a “Security” being sold via non-compliant crypto exchanges, however, he attempted to make peace with the XRP community. Charles Hoskinson tweeted
NORDEK, a leading blockchain technology startup, will attend the prestigious Point Zero Forum to demonstrate its ground-breaking blockchain infrastructure for payment processing. NORDEK, with its plethora of revolutionary features, is set to revolutionize payment processing in the digital era. NORDEK is powered by a fast and low-cost EVM-compatible network blockchain.
JPMorgan Chase & Co., a major financial services provider, has taken a significant step towards incorporating blockchain technology into conventional banking by launching euro-based payments using its JPM Coin for business customers. Similar to actions in 2021 when the cryptocurrency market was booming, traditional financial institutions are exhibiting substantial interest
South Korean cryptocurrency investment platform Haru Invest reportedly fired off more than 100 employees. On June 23 the layoffs will be formalized. Several days after suspending deposits and withdrawals owing to a problem with one of its service suppliers. The firm made this decision. Recent reports state that Haru Invest
