Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says

Ripple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple will become a public company. He replied that the likelihood …

Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time

The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. Regulators Cannot Shut Down Bitcoin, Says Ark’s CEO Ark Invest CEO Cathie Wood …

Crypto will ‘come to life’ in Nigeria, central bank governor says

Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities. At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) will be legal in the country, Business Insider reported on Wednesday. Emefiele did …

UAE authority issues warning about Dubai Coin

Dubai does not have an official cryptocurrency, officials state. As a tech-friendly region, Dubai is never short of new and promising projects, including crypto and blockchain, but the influx of new cryptocurrencies makes it harder for newcomers to distinguish shady campaigns from reliable ones.  The Dubai Media Office announced that the authorities have never approved …

S.E.C. charges 5 for illegally promoting $2 billion Bitconnect Ponzi

The S.E.C. says five individuals “promoted a global unregistered digital asset securities offering.” Three years and some unforgettable memes later, the Securities and Exchange Commission has announced that 5 individuals will face charges relating to promoting the Bitconnect Ponzi scheme.  “The SEC’s complaint alleges that these promoters offered and sold the securities without registering the …

Stablecoin company earns record-level investment sum for a crypto outfit

Circle now hodls the record for receiving the biggest investment round taken in by a crypto entity. Crypto companies have been on the rise in tandem with the industry’s growth in recent years. A report from Forbes recently detailed a number of large investments into blockchain and digital asset entities, with one $440 million play …

Vitalik argues that proof-of-stake is a ‘solution’ to Ethereum’s environmental woes

The stakes are high for the chain to transition, as those that don’t risk getting ‘left behind.’ At a conference yesterday, Ethereum co-founder and unofficial figurehead Vitalik Buterin argued that Ethereum’s upcoming transition to a proof-of-stake consensus mechanism is a “solution” to the blockchain’s rampant energy consumption that has been incensing critics as of late. …

American convenience store chain now accepts Bitcoin payments

Mid-Atlantic convenience store giant Sheetz is set to accept Bitcoin and crypto payments across its outlets. Retail crypto payment acceptance in the United States continues to grow as Sheetz announces plans to allow the use of digital currencies in its outlets across the country. In a release issued on Thursday, the convenience store chain announced …

Bitcoin Price Prediction: BTC/USD Suffers a Sudden 4.54% Drop

Bitcoin Price Prediction – May 28 The Bitcoin price is seen dropping from $38,556 to $35,127 in hours but the coin is currently managing to recover. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $45,000, $50,000, $55,000 Support Levels: $30,000, $25,000, $20,000 BTCUSD – Daily Chart At the time of writing, BTC/USD is …

BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million in funds. Binance Smart Chain Defi Protocol …

Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’

The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said it was “good for bitcoin.” Edward Snowden Jabs Biden’s 6 Trillion-Dollar …

Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX

The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment objective is to gain exposure to the price of ether.” Wisdomtree Follows Vaneck’s Lead …

US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments

The American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance bolsters Sheetz’s mission to provide customers with the “ultimate one-stop-shop.” Convenience Store Chain Sheetz Adds Digital …

Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip

Bitcoin price hangs slightly above $35,000 while traders simply watch the dip from the sidelines. The cryptocurrency market faced a new wave of selling pressure on May 28 as Bitcoin (BTC) price dropped to $35,100 and traders seem generally disinterested in buy the dip ahead of the weekend. Despite the downside moves seen across the …

Heads-up: How Livepeer traders got a sneak preview of an impending 300% price boom

From two bucks to forty dollars, and back down to eleven before soaring to thirty-eight greenbacks… The stomach-churning ride of Livepeer (LPT) illustrates the benign volatility of crypto markets. Crypto traders will take any edge they can get. From fundamental research on long-term prospects to short-term price pumps created by new exchange listings, the 24/7 …

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