Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 18
Blockchain Not Functional?  While Bitcoin hasn’t been widely adopted, the “technology that backs it”, blockchain, has gained mainstream attention. JP Morgan, Walmart, and IBM are among the corporate giants that have begun to use this technology in their operations, citing its potential to reduce costs, increase information/transaction processing speeds, amongst...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 19
Libra & Crypto Questioned by G7 Libra’s woes have only continued into the weekend. On Sunday evening, the BBC reported that the crypto project was called out by the Group of Seven (seven of the world’s largest economies with some exceptions). The G7 draft report that the outlet managed to...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 20
Well here’s yet another breaking story. In a U.S. Securities and Exchange Commission (SEC) press release published on Friday afternoon, it was revealed that the agency has “filed an emergency action and obtained temporary restraining order” against two entities behind the Telegram ICO for the Telegram Open Network (TON). The...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 21
It isn’t a secret that when Facebook unveiled its crypto project, Libra, in June, a proverbial fire was lit under the rear ends of the world’s central banks, financial institutions, and governments. While expected to be backed 1:1 by the world’s leading fiat currencies, this blockchain network will be an...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 22
Libra, the cryptocurrency project of Facebook, has just suffered a heavy blow according to a number of sources. Speaking to the Wall Street Journal on Friday afternoon, a spokesperson for the fintech giant, PayPal, said that the company has decided to “forgo further particpiation” in the project. Despite this, they...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 23
Apple Not Going Crypto Since Facebook unveiled Libra in June this year, everyone has wanted to know what Silicon Valley thinks of crypto. On Friday, we got somewhat of an answer, from Apple anyway. In an interview with French publication Les Echos, Apple’s chief executive, Tim Cook, quipped that cryptocurrencies...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 24
Since it was unveiled in June of 2019, the Libra Association has been fielding criticism from the world’s governments and central banks. Key monetary authorities and political pundits from the United States to China have made comments about the Facebook-backed project, often criticizing the risks the stablecoin crypto asset poses...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 25
Booming Mining Ecosystem When nearly half of Bitcoin’s hash rate — a metric used to describe the level of computational power backing the network and processing BTC transactions — seemingly disappeared overnight earlier this week, investors were quick to express their concerns on online forums. Cornell University professor Emin Gün...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 27
Crypto Supported by Finance Firms Revealed by Fortune on Wednesday, in-house crypto trading will soon be offered to clients of SoFi, a San Francisco-based fintech startup “best known for refinancing student loans”. Per an exclusive from Fortune, SoFi’s Invest platform will offer the trading of Bitcoin, Ethereum, and Litecoin after months...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 30
IBM Looks to Delve Into Crypto Even Further IBM has long been at the head of technological innovation, continually pushing for the best technology has to offer society for the better part of 100 years. It seems that the firm’s drive for the creation of technological breakthroughs has led it...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project 31
Kik Drops Messaging to Focus on Crypto Earlier on Monday, Calcalist reported that Canadian technology giant Kik — the company behind the massive social media messaging app that has been used by millions — was going to shut down its flagship product. The Israeli media outlet also claimed that Kik had...