September 23, 2022

Coinbase Sued Again for $350 Million Over Patented Crypto Transfer Technology

Coinbase – the largest cryptocurrency exchange in the United States – has been slapped with another multi-million dollar lawsuit.  The company has been accused of patent infringement through several of its services, over which the plaintiff is seeking $350 million in damages.  Another Coinbase Lawsuit Veritaseum Capital LLC filed the lawsuit on Thursday in a...
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Lebanese People Turn to Crypto Amid the Country’s Financial Collapse: Report

Some of the tech-savvy youngsters in Lebanon have reportedly shifted their focus toward cryptocurrencies amid the current monetary crash Earlier this week, the government closed all local banks due to ongoing risks for employees and customers. It remains unknown when the financial institutions will re-open, which might be one reason why locals started looking for...
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GitHub Reverses Tornado Cash Ban But There’s a Catch

The US Office of Foreign Assets Control (OFAC) assigned popular crypto tumbler Tornado Cash as an entity on the Specially Designated Nationals (SDN) sanction list last month which triggered an outcry from privacy and free speech advocates. Subsequently, Microsoft-owned GitHub removed its source code as well as terminated the user accounts of three individuals who...
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Flasko (FLSK) Lands on Every Whales’ Watchlist, Overthrows Dogecoin (DOGE) and Shiba Inu (SHIB)

In recent times, the smart money whales have been keeping an eye on Flasko, a token with an interesting roadmap that has consistently been showing signs of greatness.  Keep reading to find out why investors are looking into Flasko at the expense of OG coins like Dogecoin (DOGE) and Shiba Inu (SHIB), which have made...
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Candy Club Launches the World’s First Social Crypto Casino Club for All Ethereum and BSC Projects

[PRESS RELEASE – Please Read Disclaimer] 14,000 projects exist on CoinMarketCap, and regardless of their existence as a layer 1 or 2, a DeFi, NFT, or metaverse protocol, the macro and micro headwinds facing all blockchain projects in this bear market are brutal. How well prepared are crypto projects to survive this bear market? According...
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Mad Backpacks Boosts Move-to-Earn Games Market

[PRESS RELEASE – Please Read Disclaimer] Mad Backpacks, the first Find-to-Earn game by WeWay, expands the variety of games in this genre.The increasing number of Move-to-Earn games has led to a significant splash in market development. There are dozens of new applications aimed at motivating people to do something useful — work out, learn something...
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Bitcoin Mining Firm Compute North Files for Bankruptcy

Compute North, which happens to be the latest casualty of the ongoing crypto rout, has filed for a Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of Texas. The filing is pending before the Judge Bankruptcy David R Jones. The company’s CEO, Dave Perrill, also stepped down from his position earlier...
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Chainlink (LINK) and Axie Infinity (AXS) face tough competition from presale star Flasko (FLSK)

It can be challenging to find undervalued (or overvalued, for that matter) cryptos. However, investors can value ventures in a few different ways.  Given the sector’s fall, the value of several cryptos has decreased. Most significant crypto projects have had year-to-date drops of 50% or more. As a result, compared to late last year, these...
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Washington State Hops on Celsius Network’s Bankruptcy Case

Celsius has been grilled by state watchdogs for alleged “financial mismanagements.” In a recent turn of events, Washington’s Assistant Attorney General Stephen Manning filed a motion on September 22nd to Judge Martin Glenn to represent the Washington State Department of Financial Institutions. The filing read, “I certify that I am a member in good standing...
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SupraOracles Releases Roadmap to Mainnet While Starting 550 Signed Web 3 Project Integrations

[PRESS RELEASE – Zug, Switzerland, 22nd September 2022] Unveiling multiple technological breakthroughs, SupraOracles is excited to announce its novel cross-chain oracle infrastructure enabling highly accurate, robust data porting across a multitude of blockchains and DLTs with only 3-5 second finality. Now, with over 550+ signed integration partners, they’re officially announcing the launch of their Alpha...
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ADA Jumps 6% as Cardano Vasil Upgrade Goes Live

After a few delays in June and July, the Cardano Vasil update went live earlier, and the native cryptocurrency reacted with a price increase. The upgrade is touted as the most significant one for the IOG-backed blockchain since the implementation of smart contracts a year ago. The IOG team took it to Twitter to announce...
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Helium Is Finally Moving From its Custom Blockchain to Solana

The community members of the Internet of Things (IoT) blockchain network, Helium, has voted for a complete transition to Solana to improve network scalability. The HIP 70 proposal published by the Helium Foundation has been in the works for several months. In August, the foundation detailed the reasons behind the core developers’ inclination to Solana...
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