Mark Cuban, billionaire entrepreneur and star of ABC’s “Shark Tank,” joined the Altcoin Daily Podcast for a wide-ranging, hour-long conversation about crypto. Cuban mused on the differences between decentralized application platform Cardano and Dogecoin, and which has the most potential. “You know, my thoughts on Cardano are the same as they are on Polygon and Ethereum,” Cuban said. “There’s got…
Crypto industry leaders are abuzz over the bombshell announcement that the U.S. Treasury Department has banned American citizens from using Ethereum coin mixer Tornado Cash. Tornado Cash is a service that allows users to make transactions on the Ethereum network more private by pooling together large numbers of transactions and mixing them in a manner that prevents their tracking on…
Ark Invest CEO Cathie Wood confirmed Monday that the Securities and Exchange Commission’s (SEC) labeling of nine tokens traded on Coinbase as unregistered securities prompted the firm to sell a portion of the shares it held in the cryptocurrency exchange. The CEO said the SEC’s claim, which came just a handful of days prior, sparked a degree of regulatory “uncertainty”…
press release PRESS RELEASE. INTERNET CITY, DUBAI, Aug. 8, 2022 – LBank Exchange, a global digital asset trading platform, will list Drive Crypto (DRIVECRYPTO) on August 9, 2022. For all users of LBank Exchange, the DRIVECRYPTO/USDT trading pair will be officially available for trading at 23:00 (UTC+8) on August 9, 2022. As the first web3 mobility App developed using the…
Crypto investment firm Galaxy Digital today reported a Q2 loss of over half a billion dollars—but the New York firm asserts that the numbers were due to “unrealized losses” on digital assets. The company also said it maintains a strong liquidity position of $1.5 billion. An unrealized loss refers to losing money via an asset that has decreased in price…
The Brazilian voting authority (TSE), has publicly declared it is studying blockchain as a technology that might help the organization in its task of organizing ballots. Celio Castro Wermerlinger, coordinator of modernization of the institution, stated that this decentralized ledger tech was included in a research program called “Elections of the Future.” Brazilian TSE Is Researching Blockchain Tech …
The consumer watchdog group Truth in Advertising (TINA) said it put seventeen high-profile celebrities on notice on Monday for promoting NFTs without appropriate disclosures. TINA says it sent letters to prominent figures who have promoted NFTs on social media, including Gwyneth Paltrow, Eva Longoria, Floyd Mayweather, Tom Brady, DJ Khaled, Snoop Dogg, and Paris Hilton. Targeted NFT collections include the…
In a new report published by American-Japanese cybersecurity company Trend Micro, the firm says that the metaverse possesses increasing vulnerabilities that could materialize within the next three to five years. As told by Trend Micro, the top threats to the realm, mainly from a regulatory standpoint, include NFT security concerns, the development of a “Darkverse” similar to the dark web,…
Australian Bitcoin miner Iris Energy said it had increased its hash rate to more than 2.3 exahashes per second following the completion of phase two of its operations in Mackenzie, Canada. In a Monday announcement, Iris Energy said it had brought 41 megawatts of operating capacity in the British Columbia municipality online roughly two months ahead of schedule, adding 1.5…
In brief A pair of former Everyrealm directors have filed suit against the metaverse startup, alleging discriminatory actions, harassment, and more. Both suits list Everyrealm CEO Janine Yorio as a defendant and focus on her alleged discriminatory behavior. A pair of former directors filed lawsuits against metaverse startup Everyrealm last week, separately alleging instances of discrimination and harassment by the…
