Blockchain

Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...

Eyeball Games has recently gotten its hands on roughly $1.5 million in new funds to establish its new blockchain pool game. Pool Comes to the Blockchain We’ve likely all played pool. Whether it was at a friend’s or relative’s house, or because we were up one night at a bar with our amigos and we decided to get the billiard sticks out of the corner, we likely all have experience knocking a few balls around and pushing them into “side pockets,” but for those that...

The experiment was built on Swift’s earlier successes in connecting Central Bank Digital Currencies (CBDCs) and digital assets with existing and emerging payment systems. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the global financial messaging network, has unveiled the results of a groundbreaking experiment hindering the widespread adoption of tokenized assets. According to an official announcement on August 31,  the company has successfully demonstrated that...

Binance will delist BUSD as a loanable asset on September 6 and will suspend withdrawals of Binance-pegged BUSD tokens via BNB Chain, Avalanche, Polygon, and Tron on September 7. Renowned crypto exchange Binance has officially announced its decision to discontinue support for its native stablecoin, Binance USD (BUSD), by February 2024. Paxos’ Role in Binance’s Decision The decision to phase out BUSD support is closely tied to developments involving Paxos, the company responsible for...

The rewards program has the potential to bring blockchain technology to more users as Lufthansa Group has about 36 million members in its regular Miles and More loyalty program. Lufthansa Group, the parent company of airlines such as Lufthansa, Austrian Airlines, Swiss International Air Lines, Eurowings, Brussel Airlines and others, has announced the launch of a new NFT-based loyalty program. Eligible customers in the program will receive blockchain-based digital trading cards that they...

[PRESS RELEASE – Georgetown, Cayman Islands, August 30th, 2023] Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges. Kinetix’s innovative Perpetual Market allows users to...

INX, a regulated broker-dealer in the United States, is going to be working with blockchain firm Casper Labs to tokenize and list the latter’s equity for trading on the secondary market. Casper Labs Gains More Mainstream Appeal This will allow Casper Labs to be traded publicly amongst both retail and institutional investors. In addition, the company’s listings will be on regulated exchanges like ATS and INX.One, thus showing it’s open to present laws and whatever...

CoinspeakerTinyTap Creates AI Features to Revolutionize Educational Game Creation As TinyTap looks to the future, the company is gearing up for the second phase of its AI strategy. Set for a 2024 launch, the AI "Practice Anywhere" tools are poised to transform the way children reinforce their learning outside the classroom.  TinyTap Creates AI Features to Revolutionize Educational Game Creation

CoinspeakerRobinhood and Jump Trading Part Ways, Leaving Questions Unanswered The termination of this partnership occurred without any announcement, and despite efforts from various news outlets, attempts to gather information from sources have yielded limited results. Robinhood and Jump Trading Part Ways, Leaving Questions Unanswered

CoinspeakerBinance Japan Unveils Domestic Expansion Strategy Meanwhile, Binance Japan will also be looking to leverage the country’s revised Payment Services Act. Under the Act, stablecoins backed by legal tender are recognized as an “electronic payment method”. Binance Japan Unveils Domestic Expansion Strategy