Chinese cryptocurrency mining hardware producer Bitmain is now poised for a rebound after hitting a rough patch. Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this […]
Continue ReadingRiot Blockchain’s lawsuits dismissed by a New Jersey judge, ending a 2 year lawsuit alleging the mining firm misled shareholders. New Jersey District Judge, Freda Wolfson, granted seven motions of dismissal that ended a lawsuit targeting crypto mining firm, Riot Blockchain, on April 30. The plaintiffs claimed that Riot had made false and misleading statements […]
Continue ReadingTo gain transparency and consumer safety, the food-processing and meatpacking plants are implementing blockchain technology to their operation services. COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs, […]
Continue ReadingThe judge presiding over a class-action lawsuit targeting the executives behind the OneCoin Ponzi scheme has allowed the case to proceed. Judge Valerie Caproni lifted the stay on a class-action lawsuit brought against the notorious crypto Ponzi scheme OneCoin 12 months ago. An order signed by the New York District judge mandates that all parties […]
Continue ReadingThe DeFi sector will continue to grow in the future despite the difficulties that the industry has faced since the beginning of 2020, but be careful by choosing whom to trust. Decentralized finance, or DeFi for short, became a buzzword in 2019 following the valuations of MakerDao and Compound after both companies raised sizable rounds […]
Continue Reading
A judge has given preliminary approval for a $25 million settlement in the Tezos class-action lawsuit. A Californian judge has given preliminary approval for a $25 million settlement proposed by the Tezos Foundation to end a consolidated class-action lawsuit. The lawsuit dates back to shortly after Tezos’ $232 million initial coin offering (ICO) in July […]
Continue Reading
CoinCorner reports that Google Ads is running a phishing ad despite the firm being unable to use its service. While Google’s subsidiary, YouTube, is facing a lawsuit for promoting cryptocurrency scams, Google’s advertising platform continues to display fraudulent crypto ads through its advertising network. According to a report by Bitcoin (BTC) crypto exchange, CoinCorner, Google […]
Continue Reading
Ripple’s CTO recently saw his YouTube channel suspended as antics persist on the platform. Ripple CTO, David Schwartz, reported that his YouTube channel was suspended on April 29. This news comes several days after his company filed a lawsuit against the social media platform, although the two events may not be related. “Weirdly, YouTube just […]
Continue Reading
YouTube’s algorithm may be to blame for the platform recently deleting crypto-related content, but content creators are left to speculate. On March 16, YouTube released a statement warning its creator community that video removals may increase during the coronavirus pandemic. The popular video-sharing platform said that its system currently relies on a combination of people […]
Continue ReadingBitfinex exchange has opened a social network for traders. Catering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today. On the exchange’s social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities, […]
Continue Reading