Ripple has achieved the “strongest year ever” despite the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC), according to CEO Brad Garlinghouse. “Calling crypto the ‘Wild West’ is a farce,” he said, emphasizing that “most are complying with financial regulators globally.” Ripple Has Best Year Despite SEC’s Lawsuit Over XRP Ripple CEO …
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Since the onset of the student loan freeze in the US in March 2020, 18% of borrowers have been using the extra money to invest in crypto or NFTs, a recent study showed. College Finance, a company that provides information about student financing options, polled over 1.000 borrowers to investigate how are they preparing for …
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Going forward, Binance will be implementing a new automated protocol for removing Binance Coin (BNB) tokens from circulation–replacing the old quarterly burn procedure. The last BNB quarterly burn removed 1.335.888 tokens from circulation, according to the crypto exchange’s official blog announcement. Effective immediately According to the announcement, the decision to implement the new BNB auto-burn …
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Blockchain accelerator MouseBelt labs has recently filed a complaint against Coinbase CEO Brian Armstrong in California’s Supreme Court. The complaint comprises the blockchain accelerator accusing Armstrong of falsely stealing the work of one of its projects by pretending to be an investor in disguise. The lawsuit alleges that Armstrong offered to invest in Knowledgr, …
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The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hodling 122,478 bitcoins. Microstrategy’s CEO Expects Bitcoin to Hit $6 Million Microstrategy CEO Michael Saylor talked about his bitcoin strategy and BTC price …
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On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse. PWC Hong Kong Enters the Metaverse While land located next to Snoop Dogg’s Sandbox plot has sold …
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The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation.” The U.S. Department of Justice detailed: “As a result of this coordinated effort, investigators obtained the ‘private …
The Dogecoin Foundation has released a “trailmap” detailing its plans going forward. At the heart of the release is a declaration that the project is community-driven and run for the betterment of all stakeholders. “Dogecoin is a community-driven, consensus based open-source project and its direction is formed by the many individual and organisational contributors to …
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A year ago, on Wednesday, the SEC filed legal action against Ripple on charges of selling unregistered securities. With that, Ripple CEO Brad Garlinghouse saw it fitting to post a tweetstorm of his thoughts on the matter. Summing up, he reiterated that the lawsuit against his firm was an attack on the whole crypto industry. …
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The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped a low at 69 EH/s and since then, the hashpower has increased by 163% during the last 178 days, or five months ago. Bitcoin Hashrate …
In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves. Government Urged for Regulations as Study Shows Pakistanis Hold $20 Billion in Cryptocurrency The Pakistani nation …
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sponsored Ethair Market has listed ETHR token on Uniswap as a result of its first governance vote by the holders. Utilities of the token are directly tied to a user’s interaction with the marketplace. On top of the proprietary token, Ethair Market currently supports fiat and cryptocurrencies such as: Bitcoin, Ethereum, Litecoin, Stellar and USDC, …
According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of the Bitcoin Market” has found that illegal transactions, scams, and …
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The U.K. Advertising Standards Authority (ASA) has banned two ads promoting AFC, the fan token launched by famous football club Arsenal, ruling that the promos are “irresponsible” and “misleading.” “Because the ads trivialised investment in cryptoassets and took advantage of consumers’ inexperience or credulity by not making clear that CGT [capital gains tax] could be …
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Crypto information outlet Crypto Head created the Cryptocurrency Company Index–revealing the most lucrative businesses in the booming industry. While keeping tabs on the major players in the crypto space, the study, which included 50 of the most renowned and promising companies, highlighted the industry’s incredibly male-oriented makeup. Cryptocurrency Company Index Binance, Coinbase, Robinhood, FTX, and …
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