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December 2021

Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%

Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%

A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively working on the country’s crypto regulation. $43 Billion in Trading Volume, […]

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H&R Block Sues Block for Trademark Infringement

H&R Block Sues Block for Trademark Infringement

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 name or

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Congressional Candidate Kurani Dropping 2,022 Solana NFTs as Part of Campaign

Congressional Candidate Kurani Dropping 2,022 Solana NFTs as Part of Campaign

Shrina Kurani, a Democrat running for a House seat in California, is seeking to engage the crypto community on legislative issues. Shrina Kurani, a Democrat running in California’s 42nd Congressional District, will publish 2,022 non-fungible tokens (NFT) on the Solana blockchain today as part of her election campaign. The NFTs – digital tokens representing “vision and

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McDonald’s claws back 5 million from fired CEO Easterbrook, accused of hiding relationships from board

McDonald’s claws back $105 million from fired CEO Easterbrook, accused of hiding relationships from board

KEY POINTS McDonald’s announced Thursday it has settled its lawsuit against former CEO Steve Easterbrook, clawing back his severance payment valued at $105 million. The fast-food giant first brought a suit against its disgraced former chief executive in August 2020, claiming that he lied during the company’s internal probe into his behavior before his firing.

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Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms

Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms

A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests. Beijing Court Invalidates Bitcoin Mining Contracts The Chaoyang District People’s Court in the

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Ethereum is Burning at the Rate of 6.29 ETH per Minute

Ethereum is Burning at the Rate of 6.29 ETH per Minute

Burnt Ether is edging closer to the 1.2 million ETH mark, given that it’s burning at a rate of 6.29 ETH, approximately $24,361, per minute. Ever since the London Hard Fork or EIP 1559 upgrade went live on August 5, the burning feature was introduced every time Ethereum was used in transactions. One of the objectives was to eliminate

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Adidas Originals to launch debut NFT collection

Adidas Originals to launch debut NFT collection

The iconic sportswear brand recently partnered with three distinguished members of the NFT space: Bored Ape Yacht Club, GMoney, and PUNKS Comics, to advance metaverse ambitions. Adidas Originals have announced the upcoming launch of their nonfungible token (NFT) collection titled Into the Metaverse. Although details on the supply are sparse at this time, it has

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THE LARGEST CREDIT UNION IN IDAHO NOW OFFERS BITCOIN BUYING AND SELLING

THE LARGEST CREDIT UNION IN IDAHO NOW OFFERS BITCOIN BUYING AND SELLING

The feature was made possible by a partnership between the credit union’s platform provider and NYDIG. The largest credit union in Idaho has integrated Bitcoin services into its platform. Idaho Central Credit Union customers can now buy, sell, and hold BTC from their banking accounts. The largest credit union in Idaho, U.S., has integrated Bitcoin

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