Coinbase’s Battle with SEC Heats Up as Pro-XRP Lawyer Predicts Setback

Coinbase, a major player in the cryptocurrency space, is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC). According to lawyer John E. Deaton, who is known for his pro-XRP stance, the SEC may be on the brink of a major defeat. Deaton believes that Coinbase’s chances of success in its […]

Blockchain Analysis Reveals Dubious Interactions Between FTX and Alameda Before Collapse

Nansen, a blockchain analytics firm, has released a report that sheds light on the days leading up to the collapse of FTX, a cryptocurrency exchange founded by Sam Bankman-Fried. The report reveals that the collapse was likely sparked by initial reports that flagged the significant, 40 percent share of Alameda Research’s $14.6 billion in assets […]

MEXC Ventures Invests in TON, Partners with TON Foundation to Promote Web3 Accessibility

The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight-figure investment from MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, and the two have entered into a strategic partnership aiming to promote global […]

Bank of Korea Unveils Roadmap for Wholesale Central Bank Digital Currency

The Bank of Korea (BoK) has unveiled its roadmap for a wholesale central bank digital currency (CBDC). This initiative seeks to explore the Bank for International Settlements’ (BIS) Unified Ledger concept, which would allow both the CBDC and other tokenized assets to coexist on a singular network. The BoK is also looking to harness Korea’s […]

Bitcoin Exchange Transfers Show Growing Long-Term Investor Confidence

Bitcoin’s recent surge beyond $27,000 has caused a market reaction that could potentially reshape the Bitcoin landscape. As trading interest decreases, the total Bitcoin held on exchange addresses is showing a significant decrease, indicating a shift in investor behaviour. This could be a sign of growing long-term holding confidence, as investors are transferring their Bitcoin […]

Ripple Makes Fintech 100 List and Achieves Legal Victory Against SEC

Ripple, the company behind the XRP token, has been included in the Fintech 100 list for its work in modernizing cross-border payments. This recognition comes after the crypto firm achieved a legal victory against the US Securities and Exchange Commission (SEC). Ripple was also ranked 13th in Fortune Magazine’s “Best Workplace in Technology” for 2023 […]

Solana Maintains Stellar Growth as Ethereum Struggles

Solana has emerged as a leading favorite among investors, with its 27th week of net positive inflows this year amounting to $5 million. In stark contrast, Ethereum has experienced seven consecutive weeks of outflows, totaling $1.5 million.The previous week saw a reversal in the investment tide, attributed to a surge in price momentum and apprehensions […]

Ripple Secures Major Payments Institution License in Singapore, XRP Price Surges

Ripple, a blockchain startup, has achieved a major victory by securing a full license to offer digital token payment services in Singapore from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide digital token payment services in the country and marks an important step towards the adoption of digital assets.The news of […]