A group of former employees and shareholders of Ethereum development firm ConsenSys are alleging that the ConsenSys AG, led by billionaire Joseph Lubin, improperly valued key assets in its portfolio prior to an asset transfer involving banking giant JPMorgan. According to documents seen by CoinDesk, the group intends to request that a Swiss court review […]

Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release. The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens (NFTs), such as plots […]

MIAMI — The civil trial of Ira Kleiman vs. Craig Wright kicked off in Miami on Monday to perhaps answer one of Bitcoin’s greatest mysteries: Who is Satoshi Nakamoto and what happened to the estimated 1.1 million BTC in his possession? Wright, an Australian computer scientist and early cryptocurrency pioneer, has been claiming to be […]

Canadian miner Bitfarms plans to grow its mining capacity to more than 2 exahashes (EHs) per second in November after hitting a record hashrate last month, according to a SEC filing on Monday. The miner’s October bitcoin product rose 12.5% from September, due to production from its newly built, larger production facility in Cowansville, Québec. […]