Tag: blockchain

  • IBM, Westpac-backed blockchain project Lygon to liquidate

    Blockchain startup Lygon — backed by International Business Machines and other prominent supporters, including major financial institutions — has gone bankrupt. The Australia-based company’s debt hovers at around $14.3 million, according to news platform news.com.au. Per a statutory report filed with the corporate regulator in late 2023, Lygon entered liquidation just five years after launching.…