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Tag Archives: News

BLK DNM Fashion Brand Acquired By Leading Blockchain Firm

The worlds of fashion and blockchain are coming together as luxury fashion label BLK DNM has been acquired by blockchain firm Chroma Way. The purpose? To embed digital garment IDs (undetectable microchips) into every new piece of clothing that will be issued to potential buyers. BLK DNM Will Have Chips in Its Clothing The chips will permit each clothing article to have a unique identity that will be recorded on a distributed ledger. The chips will also monitor the...

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Michael Saylor: SEC Lawsuits Are Paving the Way for BTC Dominance

Michael Saylor, the former CEO of MicroStrategy, commented in an interview that the present SEC lawsuits against platforms like Coinbase and Binance will pave the way for bitcoin to become bigger than it’s ever been. Michael Saylor on the Future of BTC He anticipates that the bitcoin dominance in the crypto industry (which currently stands between 40 and 48 percent) will shoot up to a whopping 80 percent, leaving only a 20 percent margin for remaining altcoins. He...

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Robert Kennedy Jr. Believes Bitcoin and Blockchain Will Be Extremely “Useful”

Democrat presidential candidate Robert Kennedy Jr. commented in an interview that he thinks bitcoin and blockchain will be very “useful” applications. Robert Kennedy Believes in the Power of Bitcoin He stated: The blockchain technology that’s coming out of bitcoin will be very useful. He was also quick to praise Elon Musk – the South African billionaire behind mega companies like Tesla and SpaceX – and Jack Dorsey, the former CEO of Twitter. Continuing his...

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Kevin O’Leary: It’s Time for Coinbase to Get a New CEO

Kevin O’Leary – a wealthy investor and the star of the show “Shark Tank” – says it’s time for the current CEO of Coinbase, Brian Armstrong, to be fired, and that a new CEO that will work hand in hand with the Securities and Exchange Commission (SEC) should be brought aboard. Kevin O’Leary on the Coinbase Lawsuit Not long ago, the SEC announced plans to sue Coinbase, claiming it was operating as an unregistered broker. O’Leary believes it’s time to take Armstrong...

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Bitcoin Depot Sues Texas Sheriff’s Office, Alleges Wrongful Money Seizure

An 82-year-old woman in the city of Crawford, Texas has lost $15,000 to crypto scammers. The good news is that she’s gotten her money back, but the incident has sparked a serious feud between the McLennan County Sheriff’s Office and Lux Vending (operating as Bitcoin Depot), the crypto ATM company that served as the medium of transfer for the potentially illicit activity. Bitcoin Depot Says It’s the Victim The sheriff’s office wound up seizing cash from the machine...

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Mark Cuban Bashes the SEC for Its Actions Against Coinbase

Like most investors (and everyday Americans), billionaire Mark Cuban is not happy with the Securities and Exchange Commission (SEC). In fact, he’s downright angry with the institution and says it’s abusing its power. Mark Cuban Targets the SEC in Twitter Slam In a recent interview, the owner of the Dallas Mavericks basketball team criticized the agency’s decision to go after Coinbase, the biggest and most popular crypto exchange in the U.S. He says the SEC is...

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Will Blockchain Survive? Analysts Weigh In

Are bitcoin and blockchain considered practical technologies, or are they more based in fantasy? Recently, a group of analysts sat around and discussed the matter to see whether blockchain and the crypto aboard it have legitimate futures in the United States and other developed countries. What Will Happen with Blockchain? Up until this point, there have been discussions about blockchain and how it could potentially serve purposes in other industries that have...

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