LayerZero wins Stargate acquisition in 4-way bidding war

LayerZero wins Stargate acquisition in 4-way bidding war

The community for the cross-blockchain platform Stargate has greenlit LayerZero’s $110 million acquisition, despite interest from three other rivals. Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war. Stargate’s community voted on Sunday with a 95% majority to greenlight the…

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Ethereum gaming network Xai sues Musk’s xAI for trademark infringement

Ethereum gaming network Xai sues Musk’s xAI for trademark infringement

Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm. Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The complaint, lodged in the Northern District of California on Thursday, claims Musk’s xAI company…

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Brazil’s crypto tax grab signals the end of an era

Brazil’s crypto tax grab signals the end of an era

Brazil’s 17.5% crypto tax signals a global shift as governments eye digital assets for revenue, ending the era of tax-friendly crypto investing worldwide. Opinion by: Robin Singh, CEO of Koinly Crypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by. In June,…

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Brazil’s crypto tax grab signals the end of an era

Brazil’s crypto tax grab signals the end of an era

Brazil’s 17.5% crypto tax signals a global shift as governments eye digital assets for revenue, ending the era of tax-friendly crypto investing worldwide. Opinion by: Robin Singh, CEO of Koinly Crypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by. In June,…

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Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote…

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