Valliance Bank and Bakkt Holdings partner to provide crypto exposure services
Valliance Bank will use the Bakkt crypto connect solution to let customers seamlessly purchase, sell, and hold bitcoin (BTC), ether (ETH), and other altcoins within the bank’s digital banking infrastructure. Bakkt’s program, which is set to begin in Q2 2022, is an early adopter solution that aims to make bitcoin more accessible to newcomers. Alicia […]
Samsung to give NFTs to users who pre-order the New Galaxy S22
Samsung has partnered with Theta Network to give commemorative NFTs to consumers in South Korea who pre-order the new Galaxy S22. People who pre-ordered either the Galaxy S22 smartphone or the Samsung Tablet S8 will receive commemorative non-fungible tokens (NFTs) thanks to a partnership with crypto project Theta Labs. According to Mitch Liu, CEO and […]
Report reveals that 74% of stolen funds from ransomware attacks went to Russian-affiliated wallet addresses in 2021
Last year, the Russian hacker group Darkside compromised the computer systems of Colonial Pipeline by using a single stolen password. According to a new analysis released on Monday by blockchain analytics firm Chainalysis , over 74% of ransomware money was channelled through high-risk wallet addresses likely headquartered in Russia last year, totalling over $400 million […]
SEC charges BlockFi with a $100 million fine for failure to comply with regulatory law
The SEC has charged crypto lending business BlockFi with a $100M penalty for failing to register high-yield interest accounts that the agency considers securities. The penalty also requires the business to stop onboarding new customers to its unregistered service, BlockFi Interest Accounts. The Securities and Exchange Commission, or SEC, took action against crypto lending business […]
Victoria’s Secret and Maybelline files for NFT and metaverse-related trademark
Just like other popular companies, Victoria’s Secret and Maybelline have filed for NFT as well as a metaverse-related trademark. Mike Kondoudis, a trademark attorney disclosed via tweets today that Victoria’s Secret and Maybelline are filling for NFT/Metaverse-related trademarks. It’s pertinent for businesses to protect their intellectual property, however, goes beyond just protecting your property, it […]