NFT News by Thebittimes.Com

Brock Pierce, the co- found er of controversial ‘stablecoin’ Tether , is suing his former business partner Joseph Lipsey III over control of the W resort in Puerto Rico, according to reporting from Bloomberg. Pierce originally acquired a majority stake in the hotel in 2021. He then took a line of credit from Lipsey III, who made his fortune in trucking, to buy out the other owners. The Tether founder’s complaint alleges that Lipsey III seized the hotel after Pierce missed a deadline to complete the transaction, a fact Pierce denies. The New York Post details how the lawsuit claims this default was manufactured to “outright steal” the property in question. Pierce and Lipsey’s son, Joseph Lipsey IV, are both producers on the new movie Christmas Eve in Miller’s Point . Pierce’s former partner Lipsey pled guilty to curious charges Lipsey IV and both his parents were previously charged with allegations that the family would throw partie...

In tandem with an impressive $33 million fundraising effort, Blockaid proudly emerges from its shroud of secrecy, boasting a clientele that includes heavyweights such as MetaMask and OpenSea. Blockaid, the pioneering blockchain security startup and close affiliate of the renowned MetaMask cryptocurrency wallet, has successfully secured a whopping $33 million in funding to facilitate the expansion of its cutting-edge technology, engineered to thwart malevolent transactions. The Series A financing round for Blockaid was spearheaded by leading names in the world of venture capital, including the formidable Coinbase investor, Ribbit Capital, and the forward-thinking early-stage VC firm, Variant. Complementing this, Sequoia Capital, Cyberstarts, and Greylock Partners also joined the funding consortium. Breaking the news on October 23, Blockaid announced the end of its covert operations, unveiling its maiden customers: MetaMask, the OpenSea marketplace, the Rainbow wallet, and the Zerion ...