Entries by smita.verma

Nike seeks to add counterfeiting claims to StockX lawsuit

On Tuesday(10-05-2022), Nike, the American multinational corporation, urged a federal judge in the Southern District of NY to add forgery and misleading advertisements allegations to an already-existing trademark dilution action against StockX. As per Bloomberg, Nike’s legal counsel bought four counterfeit pairs from the marketplace over the course of 2 months, all with documents saying…

Coinbase junk bonds plummet due to market turmoil and creditors’ concerns

Coinbase’s junk bonds are plummeting in value, owing to poor first-quarter performance and concerns about what would happen if the company goes bankrupt. According to bond trading data from Trace Bonds, Coinbase’s junk offerings tumbled to 17% and 5.2% since its first-quarter report revealed on May 10. This means that the bonds’ current values are…

Aurora launches a $90M token fund

Aurora has recently marketed a token fund of $90 million. For those unaware, Aurora is an EVM (Ethereum Virtual Machine) designed by the Near protocol team. The purpose of Aurora is to provide turn-key solutions for the running of Dapps on an Ethereum-supported, scalable and secure platform with minimum service charges for its users.   The…

Everything You Need to Know About WOO Network (WOO)

The WOO Network, a deep liquidity network, was founded by Kronos Research. It makes best-in-class liquidity, trading execution, and yield creation strategies considerably inexpensive or even free for traders, exchanges, institutions, and DeFi platforms. As part of its liquidity network, WOO Network provides controlled and decentralized exchanges. Low-cost trading, configurable workspaces, and substantial liquidity are…

A Detailed Guide: What is Dai and How Does It Work?

The crypto domain is constantly going through technological advancements. By the time investors understand about a crypto concept, another concept emerges in the market. Because of the high investment opportunities and easy ways to earn millions, more and more people are getting into the crypto world. Since the 2017 bitcoin surge, an increasing number of…

Bank of Israel asks Public to support its CBDC program

Stakeholders agree that the digital shekel would increase competitiveness, but their opinion remains divided concerning privacy.  The public reaction regarding “digital shekel’s” implementation has been overwhelmingly supportive; however, the Central Bank of Israel has yet to declare the final decision.  According to a popular tabloid, the Bank of Israel summarised the outcomes of a public…

The Future of DAOs in the Social Media Ecosystem: Detailed Guide

The internet and social media have made it simpler than ever before for like-minded people to interact, regardless of their geographical location. With the advent of digitally native money and banking, a new form of social network has evolved, allowing like-minded individuals to not only interact but also coordinate around the capital. These new networks,…

Brave Web Browser: A Complete Guide

Popular web browsers and the large companies that run them, such as Google and Microsoft, are being scrutinized more closely. Concerns about how businesses store and share information with marketers are rising. Also, how they allow advertisers to gather data through the use of cookies and other tracking technologies. Brave represents a significant transformation in…

Crypto & Digital Payment Accounts for 35% of AMC Theatres’ online payment confirms CEO Adam Aron

“Together, these different new payment alternatives recently comprised around 35% of our overall online payments,” stated AMC Theatres CEO Adam Aron. According to Adam Aron, the CEO of AMC, cryptocurrencies like bitcoin and other digital payment gateways contributed nearly 35% of its online transactions recently. In November, AMC presented its support for online payments for…

What is Chainlink? The Most Comprehensive Guide Ever

Someone who has been dealing in cryptocurrencies and blockchain technology lately must be aware of the importance a good oracle network has within the trading infrastructure. Oracles render a seamless interactive link for the decentralized Web 3.0 cluster where users can access existing data sources, legacy channels, and upgraded computations. In addition, decentralized oracle networks,…