The deal seems to be part of a larger move for Rockets owner Tilman Fertitta, who is also the chairman and CEO of a restaurant group that recently launched a Bitcoin rewards program. The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise in Bitcoin as part of a partnership aimed at promoting crypto education and adoption. In a Nov. 16 announcement, the Houston Rockets said the New York Digital Investment Group, or NYDIG, would become the team’s official Bitcoin (BTC) […]

More info

Nobuaki Kobayashi implied in October the “final and binding” ruling was the last major hurdle in the compensation process, hinting users who filed claims could receive the funds fairly quickly. The rehabilitation plan to compensate creditors from the now-defunct crypto exchange Mt. Gox is now finalized following confirmation from a Japanese court. According to a Nov. 16 announcement from Mt. Gox trustee Nobuaki Kobayashi, the rehabilitation plan originally filed in the Tokyo District Court in February is now “final and binding.” The confirmation order of the rehabilitation […]

More info

The move is expected to improve the validation process for DApps on the Polygon network. Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps. 1/7 We are proud to reveal the newest member of the Polygon family – Polygon Miden, an upcoming STARK-based, EVM-compatible Rollup! The project is led by @bobbinth, former Facebook’s lead ZK researcher who led […]

More info

IOTX price hits a new all-time high after the project shifts its focus to “MachineFi”, NFTs and decentralized finance. In the past 30 years, the growth of the internet and digital technology has transformed the way the world operates and now artificial intelligence and machine learning continue to shift the balance of power away from physical labor and more toward a future filled with automation and smart technology.  IoTeX (IOTX), a blockchain-based project focused on Internet of Things (IoT) devices and the future of machine learning in […]

More info

The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform. Synonym Software Ltd., a company founded by stablecoin issuer Tether Holdings Limited, officially launched on Tuesday, setting in motion a highly ambitious project to bring Bitcoin (BTC) transactions mainstream through an independent financial platform that utilizes the Lightning Network.  Synonym’s stated goal is to enable self-ownership and control of crypto assets by creating an open financial ecosystem that utilizes Bitcoin and the Lightning Network, the company announced […]

More info

“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect. In a Nov. 16 announcement, the Justice Department said it would sell the seized crypto and hold the proceeds in U.S. dollars until it could use the funds to provide restitution to BitConnect victims. The U.S. government is currently holding the […]

More info