Category: Blockchain

Block Inc, previously called Square Inc, was sued by tax preparation company H&R Block Inc for trademark infringement. H&R Block said in a press release that the fintech company “would improperly capitalize on the goodwill and consumer trust cultivated by Block since 1955”. H&R Block is seeking a court order barring Block from using the

Investing in digital currencies may seem normal to many people, but owning a full-fledged football club is reserved only for the extra rich. For Bitcoin bull, Peter McCormack, being a hardcore Bitcoin (BTC) investor is tagged by proponents of the new technology as an exclusive trait, and now, he has announced the acquisition of a local football

Former Chairman of the United States Securities and Exchange Commission (SEC) Jay Clayton expressed his trust in the nascent digital currency world saying he is a “huge believer” in the technology underpinning the industry. “I am a huge believer in this technology,” says Jay Clayton on crypto. “The efficiency benefits in the financial system and otherwise

Cryptocurrency data provider CoinMarketCap.com had a data failure on Tuesday night, causing many cryptocurrencies to show astronomical gains. Although CoinMarketCap.com stated that the problem has been resolved, and the US-based cryptocurrency exchange Coinbase also pointed out that the transaction has not been affected by this, it is still investigating the asset price and transaction difficulties

There seems to be light at the end of the tunnel for a breakout based on various indicators. For instance, the multi-month downtrend witnessed on the momentum indicator has broken out to the upside. Bitcoin (BTC) has been ranging between the $47K and $50K area since it gained momentum from lows of $42,000 witnessed nearly

To enhance the penetration rate and adoption of Bitcoin on African and Indian soils, American rapper Shawn Corey Carter, popularly known as Jay-Z, and Jack Dorsey, the co-founder of Block Inc. and former Twitter CEO, are to give away $24.5 million in BTC for this objective. India and Africa are notable markets to emphasize Bitcoin

Hong Kong has a stable number of cryptocurrency kiosks, which are also called automated teller machines (ATMs). However, their popularity remains questionable. Over the period, Bitcoin ATMs in this global financial hub has risen past 100 with frequently changing locations, according to the Bitcoin Association of Hong Kong. Another study by the Crypto Head titled “The

Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup.  As reported by Sifted, the funding round was led by Balderton Capital, and also enjoined participation from existing investors including NFX, Galaxy Digital, Seedcamp, and Firstminute Capital, as well as

Thirty-Five Ventures, co-founded by NBA superstar Kevin Durant and sports manager Rich Kleiman, announced a new multi-year business partnership with cryptocurrency platform Coinbase Global. The venture capital firm’s partnership with Coinbase will include content and education around crypto, NFT news and creation, as well as a showcase of Coinbase’s recent growth in the sector. Furthermore,