The U.S. Department of Defense has hired the cryptocurrency intelligence firm Inca Digital to develop tools to understand crypto markets and help crack down on digital asset use that could pose a risk to national security.
Nasdaq-listed cryptocurrency exchange Coinbase is being sued by blockchain-based software firm Veritaseum Capital for alleging infringing on a patent relating to its blockchain technology. Vieraseum is seeking $350 million in damages.
Tether’s USDT stablecoin has launched on Polkadot. Polkadot is a blockchain network often described as a “blockchain of blockchains,” as it allows users to launch and operate their own blockchains on top of the main Polkadot blockchain. This main blockchain, called the relay chain, does not support smart contracts, but other blockchains connected to it can support them.
Top stories in the Crypto Roundup today:
- U.S. Department of Defense Assesses Crypto’s Threat to National Security
- Blockchain Firm Sues Coinbase Alleging Patent Infringement
- USDT Stablecoin Launches on Polkadot
- Historical Monthly Top-Tier Spot Volume