Restarts Blockchain Behind UST Stablecoin
Terraform Labs rebooted the Terra blockchain following a software update to help prevent attacks against the network in the wake of the collapse of its algorithmic stablecoin and related Luna token that had rocked cryptocurrency markets. The solution is designed to help prevent so-called governance attacks against its protocol, a way to manipulate the fundamentals […]
Riot Blockchain Texasbased Bitcoin Whinstone 570m
Bitcoin miner Riot Blockchain (RIOT) is suing hosting company Northern Data (NB2X:GER), alleging breach of contract and failure to disclose material information. The lawsuit relates to the Texas Whinstone bitcoin mine, slated to be one of the world’s largest by power capacity, which Riot acquired from Northern Data last year for $651 million: $80 million […]
The Metaverse Is Coming—Are You Ready?
The metaverse is more than just a buzzword. The tech giants have already invested billions in its genesis and it will soon be a reality, or at least a virtual one. By 2024, the metaverse is projected to grow to a $783.3 billion market, and before you know it, you’ll be faced with a generation […]
Blockchain Coinvestors Acquisition
Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA) (“BCSA”), a blank check company formed for the purpose of acquiring or merging with one or more companies, today announced that the extraordinary general meeting of its shareholders (the ” Extraordinary General Assembly”), originally scheduled for Wednesday, January 18, 2023, is postponed to Friday, January 27, 2023 at […]
The Maltese Falcon: On Crypto And Blockchain
A critical report on Bitcoin that was recently published by the American multinational investment bank JPMorgan is called ‘The Maltese Falcoin’. The name of the report clearly refers to ‘The Maltese Falcon’, a 1941 cult film about a priceless artifact that comes to symbolize greed and ultimately turns out to be fake. However, it also […]
Will Riot Blockchain Continue To Grow?
Two years ago, a failed medical device maker called Bioptix abandoned its original business, ordered thousands of Bitcoin (BTC 0.84%) mining rigs, and rebranded itself as Riot Blockchain (RIOT 3.62%). At the time, it seemed like Riot was just another company trying to jump on the full Bitcoin and blockchain bandwagon to attract new investors. […]
Why Is Hive Blockchain Dropping
Already very quiet on cryptocurrencies and related assets, the market turns even more bearish on the company following its first quarter earnings release. What happened Cryptocurrency mining company HIVE Blockchain Technologies (HIVE 2.43%) failed to discover a stock market win on Wednesday. The company’s share price plunged nearly 8% the day after it released its […]
Morgan Stanley Backs Blockchain With Investment in Securitize
Startup Securitize Inc., which is developing a blockchain platform for investors to buy and sell shares in privately-held companies and other assets, raised $48 million in a fundraising round co-led by Morgan Stanley. The Series B round, also led by Blockchain Capital, marks the first investment in the blockchain industry by Morgan Stanley Tactical Value […]
Crypto-craze icon Long Blockchain has shares delisted by SEC
Crypto Folly Icon Long Blockchain Has Shares Removed By SEC Matt Robinson Long Blockchain Corp., the former iced tea company that became a symbol of crypto investment gluts, had its shares delisted by US regulators after failing to file financial reports for years. Long Blockchain, which changed its name from Long Island Ice Tea Corp. […]
Epic says it’s ‘open’ to blockchain games after Steam bans them
Epic tells The Verge that it is “open to games that support cryptocurrency or blockchain-based assets” on its game store, unlike its competitor Valve, which has banned games that feature blockchain or NFT technology from Steam. . When we asked about allowing games that included NFTs, Epic told us that there would be some limitations, […]