Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed…
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In an ongoing lawsuit, Genesis Mining has claimed that Digital Capital failed to deliver functional software in a failed partnership between the firms. Two firms in the cryptocurrency space are at legal loggerheads regarding millions of dollars in purportedly unpaid invoices. On September 30, 2019, the London-based payments company Digital Capital sued Genesis Mining over…
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First Digital Trust, the digital asset subsidiary of Legacy Trust, received a $3 million investment from Taiwanese firm Nogle this week. A Taiwanese venture studio just became the new lead investor for a Hong Kong-based crypto custodian following a multimillion dollar investment this week. Nogle announced yesterday they had given $3 million to First Digital…
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Subsequently after experiencing a major outage last week, stock and cryptocurrency trading app Robinhood is down again. After experiencing a major outage last week, major stock and cryptocurrency trading app Robinhood is troubled again. Robinhood encountered another technical outage on Monday, causing its platform to halt trading services, according to a March 9 tweet by…
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Investment management firm Elliott Management has set up a deal with Twitter to save Jack Dorsey’s role as CEO of the social media network. Investment management firm Elliott Management has set up a deal with Twitter to save Jack Dorsey’s role as CEO of the social media network. Following the deal closure — which considers…
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The crypto community continues to help fight the coronavirus, with Binance Charity donating new batches of medical supplies to medical institutions. The crypto community continues to help fight the coronavirus outbreak, with Binance Charity donating new batches of medical supplies to hospitals and disease control command centers. On March 9, Binance Charity announced the completion…
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A noncustodial smart wallet for both cryptocurrencies and DApps has sealed fresh funding as its attempts to challenge existing offerings in the industry. A noncustodial smart wallet for both cryptocurrencies and decentralized applications has sealed fresh funding as its attempts to challenge existing offerings in the industry. Speaking to Cointelegraph on March 9, Itamar Lesuisse, the…
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China’s central bank has secured $4.7 million in funding for its blockchain trade platform over the next three years. The People’s Bank of China (PBoC) has secured $4.7 million in funding from China’s central government for its blockchain trade finance platform. The funding will be administered over three years and has been designated for research…
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Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said. Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said. Sri Shivananda — an eBay veteran who…
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Interlay received a grant from Web3 Foundation to develop a Bitcoin bridge on Polkadot that would allow wrapped versions of BTC to be exchanged on the network. Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on…
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