In a pivotal moment for the cryptocurrency industry, Coinbase, the largest cryptocurrency exchange in the United States, is facing a class-action lawsuit from its shareholders. A recent ruling by a federal judge has allowed this lawsuit to proceed, as it centers around allegations that Coinbase misled investors by minimizing the likelihood of facing actions from […]
Israel and Adani to Invest $10 Billion in India Semiconductor Project
Israel’s Tower Semiconductor and India’s Adani Group are set to invest $10 billion (approximately 839.47 billion rupees) in a new semiconductor fabrication facility located in Maharashtra, India. This ambitious venture aligns with India’s strategic objectives to enhance its semiconductor manufacturing capabilities amid ongoing global demand for chips. Notably, this investment comes on the heels of […]
Crypto Donations Welcome at Kamala Harris Super PAC
In a notable development within the intersection of technology and politics, the Future Forward PAC, a prominent super political action committee (PAC) endorsing Vice President Kamala Harris in her presidential campaign, has announced that it will now accept cryptocurrency donations. This decision marks a significant shift in the political fundraising landscape, particularly as the use […]
Ark Labs Secures $2.5 Million for Bitcoin Payment Innovation
In a significant boost for cryptocurrency adoption, Ark Labs, a forward-thinking startup focused on enhancing the efficiency of Bitcoin transactions, has successfully secured $2.5 million in pre-seed funding. This impressive funding round was spearheaded by the renowned billionaire investor Tim Draper, known for his investments in tech juggernauts such as SpaceX and Tesla. Other notable […]