Canadian wellness firm approves plan to add $1M of Bitcoin to treasury

A new class-action lawsuit against DeFi giant the Maker Foundation alleges that the company misrepresented the risks investors in the ecosystem faced, leading to catastrophic losses of collateral on MakerDAO on March 12.The allegations and who stands to gainThe complaint, which was filed in the Northern District Court of California on April 14, accuses three…

Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange.According to local finance newspaper Dagens Næringsliv, the Kjos family intend to launch trading on their nascent NBX exchange in August. Swiftly expanding into neighboring countries, the publication said the Kjoses,…

During his stream, Elon Musk said that X has plans to integrate streaming services with Xbox and PS5, but has no plans of trying to be better than specialised streaming platforms. 99 Total views 2 Total shares X, formerly Twitter, has made another step toward becoming an “everything app” after Elon Musk tested out video

Nasdaq-listed cryptocurrency mining firm, Riot Blockchain, filed its Form 10-K annual report to the United States Securities and Exchange Commission (SEC), March 25.Among a long list of other potential risk factors to the business, the report assesses the potential disruptions due to the COVID-19 pandemic.COVID-19 will affect cryptocurrency mining businessAs part of the Form 10-K…

Supply chain management has historically been challenging due to issues, such as increased costs, consumer demands, financial risk, volatility and much more. Unfortunately, the COVID-19 pandemic has created even bigger issues for supply chains globally. A recent survey conducted by Big Four firm Ernst & Young in late 2020 puts this in perspective, noting that 97%…

The move follows the crypto exchange's successful VASP registration in Italy. 109 Total views 4 Total shares Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain.According to the Sept. 26 announcement, the EMI license

On Dec. 14, the United States Senate Banking, Housing and Urban Affairs Committee held a hearing titled “Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?” The testimonies, both spoken and written, focused largely on the last two issues, as anxieties over Know Your Customer compliance and the U.S. dollar…

The social engineering attacks trick community members into downloading a malicious ZIP archive named ‘Cross-platform Bridges.zip’ — imitating an arbitrage bot designed for automated profit generation. A new malware discovered on Apple’s macOS — tied to the North Korean hacking group Lazarus — has reportedly targeted blockchain engineers of a cryptocurrency exchange platform.The macOS malware