US judge Analisa Torres has denied the SEC’s appeal in the legal battle between Ripple and the regulatory agency. The trial, which is scheduled for April 23, 2024, is seen as a crucial event for the cryptocurrency sector and future regulations in the US. Ripple’s recent legal victories have also led to a surge in […]
Ripple and Stellar are making significant strides in revolutionizing cross-border payments, and their partnership with SWIFT is a major milestone in the financial industry. Despite their different designs, both payment protocols share a common goal of enabling real-time settlement and low-cost international transfers. Ripple aims to transform the financial system and the future of finance, […]
The Australian Freight & Trade Alliance (FTA) is considering a partnership with Ripple, a fintech company known for its blockchain-based payment solutions. FTA Director Paul Zalai expressed openness to collaboration with Ripple, and while no formal announcement has been made, the international trade sector in Australia is taking notice. Ripple had previously approached the FTA […]
Serious concerns have emerged regarding the financial support provided to Solana validators by the Solana Foundation and Alameda Research. Allegations claim that over 90% of validators are heavily subsidized by these entities, raising questions about the network’s autonomy and decentralization.Arixon.eth, a researcher, has found that the Solana network’s node count and validator numbers were artificially […]
A widely followed crypto analyst, TechDev, has suggested that Bitcoin’s bear market is over and an expansion upward is imminent. He shared a chart with monthly candles, Bollinger bands, and an additional indicator showing the logarithmic width between the bands relative to the 200-month moving average. The chart appears to suggest that Bitcoin’s Bollinger bands, […]
HTX (formerly Huobi) has recovered the crypto funds stolen by a hacker in late September and honored its 5% white hat bonus offer to the hacker. On September 25, the exchange was vulnerable and 5,000 ETH were drained from one of its hot wallets. HTX contacted the attacker and offered a 5% white hat bonus […]
David Schwartz, Ripple’s Chief Technical Officer (CTO), has called for XRP Ledger (XRPL) validators to support the Automated Market Maker (AMM) feature, but only if there is consensus within the community. On X (formerly known as Twitter), Schwartz initiated a discussion on the XRPL’s AMM feature, referring to it as an intriguing DeFi innovation. The […]
Binance recently released its 11th proof of reserves, revealing that the platform held 588,000 BTC assets, 3.83 million ETH assets, and 15.31 billion USDT assets. This disclosure comes amidst mounting pressure from regulators, and is intended to emphasize the exchange’s transparency with its users.BNB has been exhibiting accumulation trends since 22nd August, however, similar patterns […]
Ripple and the U.S. Securities and Exchange Commission (SEC) have been directed by U.S. District Judge Analisa Torres to work out a possible settlement. This is set for April 16, 2024, and both parties and their legal representatives are obligated to convene for an in-person meeting. The SEC stands to gain more with legal experts […]
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend. The pair recovered from a snap retest of $27,000 on Oct. 6, this coming thanks to surprise United […]
