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Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Jack Dorsey’s payment company Square has announced that it has successfully launched an initiative called “Cryptocurrency Open Patent Alliance,” dedicated to empowering blockchain and crypto-driven companies in the technological sector and to protect them from patent hoarding trolls. COPA for cryptocurrency technology advancement Through this open-source alliance, Square hopes that the crypto technology sector could … Continue reading Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral on all operational aspects by 2030, and this includes its Bitcoin operations. According to an announcement issued by the company, it highlights that it has committed about $10 million in funding to its Bitcoin Clean Energy Investment Initiative. This funding is … Continue reading Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet

Jack Dorsey, the CEO of Square Inc., has announced that the payment firm is considering developing a non-custodial hardware Bitcoin wallet that would give users greater control over digital currencies they own. Dorsey suggests a new method to enable consumers to store their Bitcoin that Square or any other firm does not control their digital … Continue reading Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet

Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon

An early mover in the blockchain and digital currency ecosystems BTCS Inc. announced the addition of Layer 2 Proof-of-Stake (PoS) sidechain Polygon (“MATIC”) to its blockchain infrastructure operations. BTCS Inc. (“BTCS”) is the first “Pure Play” U.S. public company focused on blockchain technologies. The company secures the blockchain through their transaction verification services business and … Continue reading Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon

BIGG Digital Assets Inc.Releases Q1 Result, Revenue Hits up to $2.5m

Canada-based cryptocurrency company BIGG Digital Assets Inc. announced its financial results for the first quarter of 2022, with total quarterly revenue of $2.5 million.  In the quarter income, its subsidiary Blockchain Intelligence Group contributed $530,000, whereas digital trading app Netcoins of $1.97 million. The Vancouver-based cryptocurrency compliance and real-time intelligence subsidiary of BIGG Digital Assets Inc, … Continue reading BIGG Digital Assets Inc.Releases Q1 Result, Revenue Hits up to $2.5m

Top Lawyer Sydney Schaub Departs from Gemini by Joining Opendoor Technologies Inc.

Sydney Schaub, a top attorney at Gemini Trust Co., a cryptocurrency exchange run by Cameron and Tyler Winklevoss, is leaving her job to join online real estate company Opendoor Technologies Inc. as a chief legal officer. According to Reuters Media, Schaub is leaving Gemini after working at the exchange as general counsel for four years … Continue reading Top Lawyer Sydney Schaub Departs from Gemini by Joining Opendoor Technologies Inc.

Metaverse Technology Company Peer Inc. Partners with Fresh Consulting to Bring the AR Metaverse to Market

Seattle, Washington, United States, 20th September, 2022, Chainwire Peer Inc., a metaverse technology company, has entered a new partnership with Seattle-based innovation agency Fresh Consulting. Peer will be working with Fresh to deliver on its vision of a gamified digital layer on top of the world, and support its mission to bring people and content into the … Continue reading Metaverse Technology Company Peer Inc. Partners with Fresh Consulting to Bring the AR Metaverse to Market

FDIC Investigates Potential Violations of Federal Deposit Insurance Act by OKCoin USA Inc.

The Federal Deposit Insurance Corporation (FDIC) has initiated an investigation into OKCoin USA Inc. (OKCoin) and its senior executives for alleged false and misleading statements regarding the company’s insured status. According to the FDIC’s legal division, OKCoin may have violated Section 18(a)(4) of the Federal Deposit Insurance Act (FDI Act) and its implementing regulation, 12 … Continue reading FDIC Investigates Potential Violations of Federal Deposit Insurance Act by OKCoin USA Inc.

Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract

At the World Digital Mining Summit, Core Scientific, Inc. (OTC: CORZQ), a North American leader in blockchain computing data centers and software solutions, disclosed a significant investment from Bitmain, the globally recognized manufacturer of digital currency mining servers. Bitmain’s commitment amounts to $53.9 million, further cementing the bond between the two industry giants. This collaboration … Continue reading Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract

Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance

Cryptocurrency exchange Bittrex will use Chainalysis Know Your Transaction (KYT) to meet new and existing regulatory and compliance standards, and establish a safer, more secure platform for their users. Yesterday, Chainalysis Inc. announced the deployment of its real-time transaction monitoring software solution to the US-based blockchain trading platform Bittrex. Enhanced Compliance  Chainalysis KYT software enhances the compliance and transparency of cryptocurrency exchanges, … Continue reading Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance

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