Investors File Multiple Lawsuits Against Cryptocurrency Issuers and Exchanges
Apr06

Investors File Multiple Lawsuits Against Cryptocurrency Issuers and Exchanges

Cryptocurrency investors filed 11 class action lawsuits against various digital currency issuers and exchanges last Friday, Reuters reports. The suits were filed in Manhattan’s U.S. District Court and accuse the companies and their executives of violating U.S. securities law by selling billions of dollars of unregistered digital assets.

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Maduro to Airdrop One Petro Each to Venezuelan Doctors
Apr05

Maduro to Airdrop One Petro Each to Venezuelan Doctors

Like other nations around the world, Venezuela’s medical community has been battling to contain the coronavirus. Now, that country’s government is apparently expressing its thanks for those doctors’ efforts by giving each doctor one petro cryptocurrency coin via a national airdrop.

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GM Files Patent Application for Blockchain Distributed Map
Apr04

GM Files Patent Application for Blockchain Distributed Map

Automobile giant General Motors has filed an application with the US Patent and Trademark Office seeking a patent for what it calls a Decentralized Distributed Map Using Blockchain, Forbes reports. The company reportedly believes that blockchain technology can reduce the costs associated with current vehicle mapping systems.

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BIS: Coronavirus Pandemic Could Speed Movement Toward Digital Payments, CBDCs
Apr03

BIS: Coronavirus Pandemic Could Speed Movement Toward Digital Payments, CBDCs

The current coronavirus pandemic has the potential to hasten the move toward digital payment options like central bank-issued digital currencies, according to the Bank of International Settlements. In a recent bulletin, the bank noted that there’s increasing public concern about physical cash’s potential for transmitting the virus, despite central banks’ active efforts to dispel those worries.

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Power Ledger Partners with French Green Energy Firm to Roll Out Blockchain Energy Platform
Apr02

Power Ledger Partners with French Green Energy Firm to Roll Out Blockchain Energy Platform

Australian blockchain technology firm Power Ledger has partnered with French green energy retailer ekWateur to roll out the new Vision blockchain-powered energy tracking platform. In an announcement released today, Power Ledger confirmed plans to provide more than 220,000 electricity meters with access to the platform.

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