Elon Musk is currently in a legal process involving his refusal to buy micro-blogging site Twitter. In the backdrop of this case, a bunch of leaked messages between Musk and Twitter founder Jack Dorsey indicate that the duo had been dabbling in the idea of moving Twitter to blockchain, eliminating…
Coinbase has found itself in legal trouble after blockchain-based software firm Veritaseum Capital filed a lawsuit in the US District Court in Delaware. Alleging that Coinbase has infringed on one of its patents, Veritaseum has asked for $350 million (roughly Rs. 2,850 crore) in damages. The patent in question is…
India recently secured the fourth position on the 2022 Global Crypto Adoption Index compiled by blockchain research firm Chainalysis. These ranks numbered all the countries based on their varied uses of different crypto-services and India outranked US and Russia on the scale that testified to the growing adoption of crypto…
Huobi Global, one of the largest trading platforms in the world by volume, has launched a new venture capital arm aimed at investing in upcoming blockchain, Web 3 and decentralised finance (DeFi) projects. The spinoff is called Ivy Blocks, and has over $1 billion (roughly Rs. 7,770 crore) in assets…
The Brazilian government has unveiled a new blockchain network in a bid to combat corruption in public expenses by tracking them efficiently. The network was launched at an event, which was streamed on YouTube took place after a cooperation agreement was signed by the Court of Accounts of Uniam (TCU)…
The in-house legal counsel at Terraform Labs, the blockchain startup behind the UST stablecoin and LUNA governance token has silently resigned from the company. Terraform Lab’s general lawyer Marc Goldich, chief litigation, and regulatory counsel Noah Axler, and chief corporate counsel Lawrence Florio all left the blockchain business in May…
Dapper Labs, the Web 3 platform powering popular blockchain-based trading card platform NBA Top Shot, has unveiled a $725 million (roughly Rs. 5,600 crore) ecosystem fund to invest in applications and growth for its layer-1 blockchain ecosystem named Flow. The fund is the largest joint commitment made toward any blockchain…
Opera web browser has added support for the BNB blockchain on its ‘crypto-friendly’ platform. The integration will allow Opera users to buy and sell the Binance token and store their assets in its in-built crypto wallet. The integration will also open access to decentralised apps (dApps) such as PancakeSwap, 1inch,…
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