Important Ripple (XRP) Update for 2024
TL;DR Ripple plans to release its stablecoin, Ripple USD (RLUSD), pegged to the US dollar, by the end of 2024, primarily for institutional use. While beta testing has begun, the…
3 Things That Could Influence Crypto Markets This Week
Last week was a brutal one for crypto markets, with losses extending into the weekend. A raft of employment data out of the US didn’t prevent stock markets from falling…
This is How N. Korea is ‘Aggressively’ Attacking the Crypto Industry, According to the FBI
The United States Federal Bureau of Investigation (FBI) has issued a paper alerting the public of “aggressive” attacks from North Korean hackers against the crypto industry and companies associated with…
Crypto.com surpasses Coinbase in August and becomes the leading crypto-exchange
In the month of August, Crypto.com surpassed Coinbase, becoming the leading crypto-exchange in the world. September, on the other hand, seems to be recording a general market bear. Crypto.com surpasses…
Arthur Hayes Closes Short Bitcoin Position, Hints at Upcoming BTC Rally
Bitcoin’s price tumbled hard on Friday from $57,000 to under $53,000 in hours before it finally covered some ground. Some investors and even long-term BTC bulls, such as Arthur Hayes,…
First-Ever Crypto Seizure Under Scottish Law: £110,000 Taken from Convicted Criminal
In a landmark case in Scotland, £110,000 (worth approximately $144,384) has been seized from 29-year-old John Ross Rennie. This marks the first time that proceeds of crime legislation have been…
US Fed Issued Cease and Desist Order Against Crypto-Friendly United Texas Bank
The U.S. Federal Reserve has issued a cease-and-desist order against United Texas Bank (UTB), one of the few remaining American financial institutions still catering to crypto companies. The central bank…
96% of NFTs Deemed ‘Dead’ as Market Struggles with Speculation and Volatility
The non-fungible token (NFT) market has witnessed explosive growth, followed by significant downturns over the past few years. Despite the initial hype and heavy investment, it is now grappling with…
Will Cryptocurrencies Take the Throne of the Dollar? BNY Mellon CEO Speaks
Despite the rapid rise of cryptocurrencies, Bank of New York Mellon CEO Robin Vince believes that the US dollar will maintain its dominant position in the global financial system. In…
Vitalik Buterin Pledges L2 Tokens to Support Public Goods in the Ethereum Ecosystem
Ethereum co-founder Vitalik Buterin has pledged to donate all Layer 2 (L2) tokens he holds to support public goods within the Ethereum ecosystem or broader charitable causes. This announcement comes…