NanoLabs Files $5 Million Lawsuit against Coinbase over Nano Trademark

<p>NanoLabs, a cryptocurrency company and the Nano (NANO) token issuer, has launched a lawsuit over the alleged infringement of its trademarks. Coinbase, one of the world’s largest cryptocurrency exchanges, is named as a defendant.</p><p>NanoLabs Hit Coinbase with Potential Trademark Lawsuit</p><p>In a document filed in a Northern California District Court on 24 February 2023, the NANO […]

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Energy Consumption Concerns Quashed as US States Show Hospitality to Private Crypto Miners

The crypto mining industry has endured several setbacks, but the conversation around power consumption has remained contentious. In a fireside chat during the World Economic Forum 2023 conference held at Davos in January, Hut 8 CEO Jaime Leverton remarked that Bitcoin miners have been pushing the frontiers of innovation by using waste energy for power. […]

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Block Reports $47M Impairment Loss on Bitcoin Investment For 2022

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. While Block’s fourth-quarter earnings report showcased an overall strong performance with the company beating estimates in most categories. Its Bitcoin revenue and profit, however, continued to decline and the company logged a $47 million […]

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