After Danish logistics company Maersk terminated its blockchain-based supply chain platform last year, industry builders have not given up on the use of blockchain in global trade.
According to an April 10 tweet from Justin Sun, the de facto owner of cryptocurrency exchange Huobi Global, Huobi will generate $150 million in revenue, $120 million in expenses and $30 million in net income in the first quarter of 2023.
On April 12, Euler Finance, an ethereum-based non-custodial lending protocol, announced that it would open for redemptions after hackers returned the vast majority of assets stolen in last month’s $197 million flash loan breach.
Tyler and Cameron Winklevoss, the co-founders of U.S.-based cryptocurrency exchange Gemini, are reportedly out of pocket to fund their businesses amid the crypto market downturn.
Blockchain solutions provider Jelurida has partnered with augmented reality (AR) company Aumenta Solutions to develop a port infrastructure maintenance system.
Digital asset exchange Bitfinex Securities El Salvador has been licensed as a digital asset service provider under El Salvador’s new digital asset issuance law, passed by the El Salvador National Assembly in January to promote financial innovation and growth in the Central American country.
Unstaking is brought about by the Shappella upgrade, a service for validators that aims to make staking easier by using an application programming interface (API).
Cryptocurrency Miner Sphere 3D Files Lawsuit Against Its Partner Gryphon Digital Mining After Alleged Spoofing Attack Leads to Irregular Bitcoin Transfers, according to court documents dated April 7.
In March, Ethereum layer 2 scaling solution Polygon saw a spike in user activity, making the network the second-largest blockchain gaming network in terms of unique active wallets (UAW).
While the hype surrounding non-fungible tokens (NFTs) has cooled, innovative use cases for digital assets continue to emerge especially in the music industry, which has been fertile ground for emerging Web3 tool use cases in recent years.
The Washington State Department of Financial Institutions (DFI) issued a consumer protection alert targeting an “alleged cryptocurrency exchange” named Eucoinotrade.
Securities regulators from Montana, Texas, and Alabama have jointly filed an enforcement action against cryptocurrency trading platform YieldTrust.ai, accusing it of “performing a Ponzi scheme.
