Ripple’s project Xpring and blockchain platform Forte have formed a fund to bolster the mass adoption of blockchain technology in the game industry. Ripple’s developer ecosystem project Xpring and game industry blockchain platform Forte have jointly established a $100 million fund to support game developers. The news was announced in a press release published on […]
Continue ReadingEU hardware wallet manufacturer Trezor has responded to a report from its competitor Ledger that described vulnerabilities in Trezor’s devices. Prague-based crypto wallet manufacturer Trezor has responded to а report about hardware vulnerabilities from its competitor Ledger on Tuesday, March 12. Trezor claims that none of the weaknesses revealed by Ledger in a detailed report […]
Continue ReadingDecentralized liquidity network Bancor introduced its non-custodial wallet for on-chain conversions between Ethereum and Eos tokens. Decentralized liquidity network Bancor has launched a wallet for on-chain conversions between Ethereum (ETH) and Eos (EOS) tokens, according to a press release shared with Cointelegraph on March 12. The new product, Bancor Wallet, is a non-custodial crypto wallet […]
Continue ReadingBlockchain water rights may upset California’s status quo. Last week, Colorado lawmakers filed a bill exploring how blockchain technology could be applied to water rights management. Now, California is also studying blockchain for use in water rights management, as reported by Cointelegraph. But coming off a severe drought, which saw water restrictions throughout the state, […]
Continue ReadingThe U.S. Treasury has sanctioned Moscow-based bank Evrofinance, claiming it was the main international bank that helped finance Venezuela’s controversial oil-backed crypto. The United States Treasury Department has added Moscow-based bank Evrofinance Mosnarbank to its sanctions list, alleging it was the “primary international financial institution willing to finance” Venezuela’s controversial national oil-backed cryptocurrency, Petro (PTR). […]
Continue ReadingTrust Wallet, the official wallet of leading crypto exchange Binance, has added support for credit card purchases and crypto asset Ripple. The official wallet of leading cryptocurrency exchange Binance, Trust Wallet, has added support for credit card purchases and Ripple’s XRP token. The company announced the new features in a press release shared with Cointelegraph […]
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Startup Finturi has secured $2.2 million to let businesses secure loans against invoices with blockchain and AI. Dutch blockchain startup Finturi has secured 2 million euro ($2.2 million) to enable businesses to secure loans against invoices via blockchain tech, the company tweeted on March 12. Founded in September 2018, Finturi aims to help businesses finance […]
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Dubai-based crypto firm ABBC Foundation agreed to stop using name “Alibaba” after legal action by Chinese e-commerce giant Alibaba Group. Dubai-based crypto firm ABBC Foundation has agreed to stop using the name “Alibaba” for its cryptocurrency after legal action by Chinese e-commerce giant Alibaba Group, Reuters reported on March 11. The decision from ABBC Foundation […]
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The trend may mean lawyers must move with the times, but risks remain, says one legal source. Cryptocurrency payments are a topic of increasing interest for United States lawyers following a recent conference panel, Bloomberg Law reported on March 11. Referencing participants in the 18th Annual Legal Malpractice & Risk Management (LMRM) Conference, which ran […]
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Long Blockchain Corp (i.e., Long Island Iced Tea), has reached an agreement to sell its beverage business. On March 6, Long Blockchain Corp., previously known as Long Island Iced Tea, reached an agreement to sell its beverage business. In December 2017, the firm rebranded itself to focus on blockchain development and enjoyed a 289 percent […]
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