Sports Illustrated today announced Box Office, a new NFT ticketing platform built on Polygon, an Ethereum scaling network. The move marks the storied sports brand’s entry into primary ticket sales alongside its SI Tickets secondary marketplace that launched in 2021. Box Office is now part of SI Tickets, the online marketplace that resells tickets to major events across sports, concerts,…
Ether (ETH) price has shown weakness after failing to break above the $1,950 resistance on April 26. The subsequent correction drove ETH to $1,810 on May 1, nearing its lowest level in four weeks. Curiously, the movement happened while the First Republic Bank (FRB) was closed by the California Department of Financial Protection and Innovation. Curiously, the movement happened while…
Institutional trading platform B2C2 has tapped crypto exchange Bullish to continue to deliver liquidity across the crypto market. “For us, the decision to add Bullish came from their unique approach to exchange liquidity, coupled with their strong management team,” a spokesperson from B2C2 said. “We have seen the industry follow suit as Bullish recently broke into the top 10 exchanges…
A lot of Bitcoin (BTC) miners just came online. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, just soared to 439 exahash per second (EH/s). Moreover, the number of transactions the Bitcoin blockchain processed in one day exceeded 682,000, as over 300,000 Ordinals were inscribed on the Bitcoin blockchain. The hashrate, in orange, soars to…
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart, Mir Cards, to allow seamless payments between the two countries. Russia and India…
press release PRESS RELEASE. ProBit Global has announced the native asset for the Ethereum network, ETH, as the next token for its series of trading competitions. The crypto trading contest, which allows ProBit Global users to win rewards based on their trading volume, gives traders a low-risk way to win additional assets, with a total prize pool of 5,000 USDT…
The co-founders of failed crypto hedge fund Three Arrow Capital, Su Zhu and Kyle Davies, have run into fresh trouble over operating and promoting their new digital-asset exchange OPNX without the required local license in Dubai. According to a report published in Bloomberg, Dubai’s Virtual Assets Regulatory Authority (VARA) sent a written notice to Zhu and Davies along with two…
Crypto exchange Coinbase is being sued for the unauthorized collection and improper use of customers’ biometric data and for violating Illinois’ Biometric Information Privacy Act, according to a lawsuit filed yesterday with a District Court in California. Plaintiff Michael Massel is seeking $5,000 in damages for every “intentional and reckless violation” of Illinois’ Biometric Information Privacy Act (BIPA) and a…
Ava Labs founder and CEO Emin Gün Sirer has reportedly won a defamation suit against a crypto influencer, awarding him $3 million in damages. The lawsuit stemmed from claims made in a February 2021 YouTube video by crypto influencer Emre Aksoy linking Sirer to an Islamist group the Turkish government calls the Fethullah Terrorist Organization (FETO). Askoy told his large…
Crypto exchange Poloniex has agreed to pay $7.59 million to settle allegations that it allowed violations of international sanctions on its platform, the U.S. Treasury Department said in a statement. Between January 2014 and November 2019, the trading platform allowed customers who appeared to be located in sanctioned jurisdictions to make transactions. The value of these transactions amounted to around…
