SEC Certification Request Denied: Ripple Argues Court Should Reject Appeal

Ripple has filed a motion requesting the court to deny the SEC’s certification request for an immediate appeal of a recent court ruling that went against the regulator in its case against the firm. The court ruled in July that automated open market sales of Ripple’s cryptocurrency XRP to the general public did not constitute […]

FTX Wallet Moves $10M in Digital Assets Amid Bankruptcy Proceedings

FTX, a bankrupt crypto exchange, has recently moved $10 million worth of digital assets from the Solana network to Ethereum, raising concerns that it could be the beginning of a series of token dumps. According to blockchain analytics platform Arkham Intelligence, the FTX wallet has transferred $6.23 million worth of Ether and more than $4 […]

Russian State-Sponsored Malware Targets Crypto Wallets and Exchanges

The US National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the UK National Cyber Security Centre (NCSC) have released a joint report warning users to be vigilant against a recently discovered malware that is targeting crypto wallets and exchanges.The advisory report revealed a malware campaign conducted by […]

Ripple’s Legal Victory: Wall Street Expert Optimistic About XRP IPO

Ripple Labs, the entity behind the XRP cryptocurrency, has not yet initiated the process for an initial public offering (IPO). However, back in 2022, Ripple’s CEO, Brad Garlinghouse, indicated to CNBC that the company would consider the possibility of an IPO once its legal battle with the Securities and Exchange Commission concluded. Ripple’s recent legal […]

Oman’s Crypto Investments Surge as Islamic Finance Embraces Bitcoin Spark

Oman is one of the Muslim-majority countries that is increasingly embracing digital currencies. Bitcoin Spark is a blockchain technology that is Sharia-compliant and follows the principles of Islamic law. It is based on risk and reward sharing, and encourages investments in socially responsible and morally acceptable ventures. It also prohibits transactions involving excessive uncertainty, ambiguity, […]

XRP Millionaires Show Resilience Despite Bearish Crypto Market

A small group of 1,987 XRP Millionaires currently hold an incredible 42.73 billion XRP, contributing to over 80 percent of the currency’s total circulating supply. Despite a bearish crypto market, specific categories of these “XRP Millionaires” are showing surprising resilience, even as others decline.The number of addresses holding between 5 and 10 million XRP increased […]

Grayscale Wins Court Battle Against SEC, Crypto Assets Surge

The U.S. Court of Appeals for the D.C. Circuit recently ruled in favor of digital asset management company Grayscale Investments in its lawsuit against the Securities and Exchange Commission (SEC). The court ordered the agency to review its rejection of Grayscale’s application to turn its flagship Grayscale Bitcoin Trust fund (GBTC) into a spot Bitcoin […]

Shiba Inu (SHIB) Gets Major Boost as Investors Diversify into Everlodge (ELDG)

The crypto market is abuzz with recent developments in the Ripple lawsuit and the price of XRP on the rise. Shiba Inu (SHIB) has also seen a major boost from Shibarium, while investors have been diversifying into Everlodge (ELDG) due to its massive potential. Unification will launch a Shibarium validator node soon, increasing confidence in […]