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Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims

An ongoing lawsuit involving crypto project Nano has taken another turn this week when the developers sought a sanction after the plaintiff dropped the case.The Nano team is after $701,000 in attorney fees and costs as a sanction after a token buyer dropped his proposed class action. On July 27,

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BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys.The two firms filed a joint agreement to dismiss the case on July 27, with the deal’s terms prohibiting BlockCrushr from attempting to pursue the matter in future.ConsenSys has characterized

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Ghana’s vice president declares Africa should embrace digital currencies

Ghana's vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent.As reported by Ghanaweb Bawumia outlined his argument during the Fifth Ghana International Trade and Finance Conference, which boasted the theme of “Facilitating Trade and Trade-Finance in AfCFTA; The Role

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XRP price skyrockets by 17% as double bottom chart pattern takes shape

XRP’s price swung higher on Wednesday as its parent company, Ripple, entered an agreement with SBI Remit to back a remittance corridor from Japan to the Philippines.Positive news boosts XRP’s priceThe Ripple blockchain’s native cryptocurrency, also ranked as the sixth-largest digital asset by market capitalization, reached its one-month high of

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Vontobel’s wealthy clients are interested in crypto, says CEO

Zeno Staub, CEO of Swiss private banking and investment management giant Vontobel, has revealed that some of the company’s wealthy clients have crypto exposure.Speaking to Bloomberg on Tuesday, Staub stated that Vontobel's clients have an interest in cryptocurrencies.According to Staub, blockchain technology will have a profound impact on global finance. As part

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