Digital Shovel Takes Action With Patent Infringement by RK Mission Critical

Digital Shovel Takes Action With Patent Infringement by RK Mission Critical

[ad_1] Toronto, Canada, July 3rd, 2024, Chainwire Digital Shovel Holdings Inc. sued RK Mission Critical LLC, RK Mechanical LLC, and RK Industries LLC for patent infringement in May in the US District Court for the District of Colorado. “Instead of competing fairly,” the complaint says, “Defendants are exploiting the innovative technologies that Digital Shovel has … Read more

Germany and USA Move $94M Worth of BTC: Is a Rally Coming ? Inflow In TRX, LINK and KANG Rises

Germany and USA Move $94M Worth of BTC: Is a Rally Coming ? Inflow In TRX, LINK and KANG Rises

[ad_1] The German government has begun moving a large sum of Bitcoin days following a similar move made by the European Nation, which helped lead to BTC price drops. Moreover, the United States has also begun moving the cryptocurrency. In total, 1,500 BTC was worth $94.94 million, and many of these tokens were spread across … Read more

Polkadot (DOT) Staking Punishment: Offenses And Slashes

Polkadot  (DOT) Staking Punishment: Offenses And Slashes

[ad_1] As a public permissionless network, Polkadot utilizes a mechanism to disincentivize offenses or bad behavior and incentivize good behavior.  There are several major validator offenses including Backing Invalid, ForInvalid Vote, AgainstValid Vote, Equivocation, Double Seconded Equivocation, and Seconded + Valid Equivocation.  Polkadot counters these offenses with a series of punishments, including slashing, disabling, and … Read more

$500M of UAE real estate tokenized in MAG & Mantra partnership

$500M of UAE real estate tokenized in MAG & Mantra partnership

[ad_1] Real-World asset tokenization protocol Mantra partnered with United Arab Emirates (UAE) real-estate developer MAG to tokenize $500 million of its portfolio. According to a July 3 Mantra announcement, MAG’s total real estate portfolio is currently valued at over five $5 billion and the firm is starting its tokenization from Keturah Reserve — a luxury … Read more

University of Buenos Aires and Archisinal Partner to Revamp UBA Law Facilities Using Polkadot

University of Buenos Aires and Archisinal Partner to Revamp UBA Law Facilities Using Polkadot

[ad_1] London, United Kingdom, July 2nd, 2024, Chainwire Web3 data platform Archisinal has announced a collaboration with the Innovation and Artificial Intelligence Lab (UBA IALAB) of the University of Buenos Aires. The entities have partnered to develop a Polkadot-based project that will revamp the UBA law facilities. Archisinal will work with UBA’s Web3, Blockchain & … Read more

Lif3.com partners with evmOS to deploy "Lif3 Chain," first Layer-1 solution with curated DeFi contracts

Lif3.com partners with evmOS to deploy "Lif3 Chain," first Layer-1 solution with curated DeFi contracts

[ad_1] Roadtown, British Virgin Islands, July 2nd, 2024, Chainwire Lif3.com (LIF3/USD)(LIF3/USDt), the revolutionary omni-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom through LayerZero bridging, is thrilled to announce its premier partnership with evmOS to launch the world’s first Layer-1 solution, “Lif3 Chain” designed for public permissionless use with curated contract … Read more

Evolve Bank Data Breach Exposes Sensitive Information of Over 150,000 Accounts

Evolve Bank Data Breach Exposes Sensitive Information of Over 150,000 Accounts

[ad_1] Evolve Bank and Trust recently disclosed a ransomware attack that resulted in the theft of 33 terabytes of user data, exposed sensitive information linked to over 150,000 accounts, and revealed significant cybersecurity lapses. Disappearance of Customer Deposits Evolve Bank and Trust has confirmed a significant data breach that resulted in the theft of 33 … Read more

Chromia Announces MVP Mainnet Launch, Activating Core Ecosystem Functions

Chromia Announces MVP Mainnet Launch, Activating Core Ecosystem Functions

[ad_1] Chromia’s MVP launch will initiate several core functions of its native token $CHR including staking, paying fees and rewards on the mainnet chain.  Layer 1 relational blockchain Chromia is set to launch its minimum viable product (MVP) mainnet early next month – July 16 being the prospective date set. This will coincide with the … Read more