Uniswap Records Booming Activity as Crypto Market Bleeds

Coinbase is a trusted crypto exchange regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe. Uniswap has been recording booming activities as daily active users increase, signifying a growing interest in the ecosystem. Despite the current market downturn, Uniswap has seen an incredible surge in daily active users […]

Coinbase Revenue Forecast Lowered by Mizuho Analyst, Shares Down 1.0%

Mizuho lowered its quarterly revenue estimate for Coinbase Global Inc on Wednesday, causing its shares to drop 1.0%. Dan Dolev, a Mizuho analyst, now expects the crypto exchange to report revenue about 7.0% below his previous forecast for the third quarter. He believes that dwindling volumes combined with an expected drought in retail trading will […]

Ripple Secures Major Payment Institution License in Singapore, XRP Price Spikes 8%

Ripple has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, allowing the fintech firm to provide digital payment token services in the region. This comes after Coinbase secured a similar license in Singapore, highlighting the city state’s interest in becoming a major crypto hub in Asia. Ripple CEO Brad Garlinghouse […]

Crypto Star’s Fall From Grace: The Sam Bankman-Fried Story

Sam Bankman-Fried, the founder of FTX, was arrested in the Bahamas in December 2022 and extradited to the United States to face fraud and conspiracy charges. His trial has now started in the Southern district of New York.Sam was born to Stanford law professors who championed utilitarianism and embraced the principles of effective altruism. He […]

Ripple Defeats SEC’s Appeal, Lawsuit to Proceed Without Delay

Ripple, a prominent name in the crypto sector, has recently achieved another success in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). Judge Analisa Torres denied the SEC’s motion for certification of interlocutory appeal and dismissed their request for a stay. This means that the lawsuit will proceed without any further […]

MAS Approves Ripple’s License for Digital Payment Token Services in Singapore

Ripple Markets APAC Pte Ltd announced on Wednesday that its Singapore subsidiary has been granted a payments license from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide regulated digital payment token services in the city-state.Ripple received in-principle approval for its Major Payments Institution (MPI) license application from MAS earlier this year. […]

Chase Bank and HSBC Enable Crypto Payments for Loans and Credit Cards

Chase Bank, a subsidiary of JPMorgan Chase & Company, has partnered with the blockchain settlement system FCF Pay to allow customers to pay mortgages, credit cards, and loans in multiple cryptocurrencies. Supported coins include Ripple’s XRP, Shiba Inu (SHIB), Dogecoin (DOGE), Bitcoin (BTC), Ether (ETH), and more. HSBC has also recently enabled eligible customers to […]

Verasity Token Price Jumps 83% After Burn Event and Bybit Listing

Verasity’s native token VRA has seen a significant price increase of 83% since Sep. 27, following several bullish announcements from the platform. Verasity recently announced a burn event to remove 10 billion VRA tokens from circulation, capping the token’s circulating supply at 10 billion VRA. The project also announced the launch of its VRA/USDT perpetual […]

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 […]

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 […]