Ripple Wins UK’s PAY360 Award and Secures Victory in SEC Lawsuit

Ripple, a blockchain enterprise, has recently been making headlines. It won the UK’s PAY360 Awards for leadership in digital currencies, and a federal judge favored Ripple in a recent decision against the SEC. Additionally, Ripple was ranked 13th in Fortune’s “best workplace in technology” and was listed in People’s Magazine’s top caring companies. Sendi Young, […]

FTA Director Hints at Potential Ripple Partnership

Paul Zalai, Director of the Australian Freight & Trade Alliance (FTA), recently hinted at a potential collaboration with Ripple, the San Francisco-based fintech firm known for its blockchain-based payment solutions. In an interview with La Chang of YouTube channel TGL (Think Global Logistics), Zalai revealed that he doesn’t understand much about blockchain, but his son […]

IOTA and Onramp Money Join Forces to Revolutionize Payment Landscape

IOTA is on the brink of revolutionizing the trillion-dollar payment landscape. Onramp Money has formed an alliance with IOTA to enable seamless IOTA token purchases in seven significant markets, including India, Turkey, Nigeria, Indonesia, Vietnam, UAE, and Mexico. This joint venture aims to instigate unparalleled adoption of IOTA tokens, which are secured by a potent […]

Ledger Cuts 12% of Staff Amid Prolonged Crypto Winter

Ledger, a Paris-based cryptocurrency hardware wallet manufacturer, has announced a 12% reduction in its workforce due to macroeconomic headwinds and a prolonged bear market. The company had previously raised $109 million in a funding round to reach a valuation of around $1.4 billion. Ledger Chairman and CEO Paul Gauthier made the announcement in a letter […]

Canadian Securities Administrators Clarify Interim Approach to Stablecoins

The Canadian Securities Administrators (CSA) has provided guidance to exchanges and cryptocurrency issuers on its interim approach to value-referenced crypto assets, with a particular focus on stablecoins. The CSA published a clarification saying it may allow trading of certain cryptocurrencies that reference the value of a single fiat currency, subject to terms and conditions. In […]

Kraken Acquires Dutch Crypto Broker to Expand European Presence

Kraken, one of the world’s oldest crypto exchanges, is expanding its presence in Europe by acquiring Coin Meester B.V. (BCM), a Dutch crypto broker. The purchase will give Kraken a “sizable position in the Dutch market” and benefit the broker’s clients. BCM supports over 170 digital assets and is one of the oldest brokers in […]

Elon Musk Calls for SEC Overhaul After Agency Sues Him

Elon Musk has called for a “comprehensive overhaul” of the United States Securities and Exchange Commission (SEC) after the regulator sued him for failing to testify in its probe relating to his $44 billion Twitter purchase last October. Musk suggested that the SEC and the U.S. Department of Justice should be the ones probed instead. […]

Ledger Cuts 12% of Workforce Amid Crypto Industry Downturn

Ledger, a prominent hardware wallet manufacturer catering to crypto investors, has announced a 12% reduction in its workforce as part of a strategic effort to navigate an extended industry downturn. Ledger’s CEO and Chairman, Pascal Gauthier, highlighted the need to make difficult decisions in the face of prevailing market conditions. Gauthier acknowledged the impact of […]

Binance May Control $15.7 Billion in BNB Tokens: Report

An investigative report published by Forbes on October 5th has revealed that Binance, the world’s largest cryptocurrency exchange, may have overstated the success of its 2017 Initial Coin Offering (ICO) for Binance Coin (BNB). According to the report, Binance founder and CEO Changpeng Zhao declared the ICO a success, claiming it had raised $15 million […]