XRP price surges back as report shows CEO Coinbase Brian Armstrong, express strong support for ripple and XRP in the legal suit against the U.S security exchange. Earlier this year the legal war had made multiple crypto exchanges turn their back on Ripple. Major headlines have it that, Ripple in partnership with the Pyypl company The post XRP Price Prediction: XRP Maintains A...
Amid the ongoing wave of the global crypto crackdown, governments across the globe have been receiving considerable backlash from the community for imposing unrealistic taxation laws on crypto assets. However, in the latest update, Slovenia saw the Ministry of Finance send a bill regarding the tax on virtual currencies for public discussion this Tuesday by The post Slovenian government calls for public discussion...
Ethereum co-founder, Vitalik Buterin asserted the significance of Layer 2 scaling solutions on the Ethereum network to facilitate the safest and most sustainable way to scale Ethereum while preserving decentralization. Buterin spoke at the 2021 Shanghai International Blockchain Week, noting the urgent need for scalability and implementation of rollups. This came simultaneously with the upcoming The post Vitalik Buterin claims L2 importance in...
Jelena McWilliams, the Federal Deposit Insurance Corporation (FDIC) Chair, confirmed in an interview with Reuters earlier this week, that the U.S. bank regulators are carving out a framework to facilitate holding crypto assets in bank accounts, to further regulate the fast-developing asset class. She noted that authorities are making space for crypto while simultaneously “mitigating The post FDIC Chair confirms efforts toward Crypto...
The Ripple vs SEC lawsuit continues to drag further with both parties making key arguments. However, many crypto proponents believe Ripple has an upper hand in the case especially with the former SEC executive William Hinman's deposition and the glaring red flags on Ethereum getting a free pass with a similar business structure. Amid growing The post Coinbase CEO Claims Ripple Lawsuit is...
Meme cryptocurrency Shiba Inu (SHIB) continues with its unstoppable market rally. The Shiba Inu price has shot up another 28% hitting a new all-time high above $0.000050. As of press time, SHIB is trading at $0.00005357 as it topples Terra's LUNA for the spot of 11th largest cryptocurrency by market cap. The growing clamor around The post Shiba Inu (SHIB) Adds Another 28%...
The Korea Teacher's Credit Union, which is the largest mutual aid association in South Korea, responsible for approximately 40 trillion won ($34.3 billion) of assets as of June, has denied the market rumors about its investment in Bitcoin ETF. While Bitcoin ETF news came as a pleasant surprise to the crypto community in the nation, The post South Korea Crypto: The Largest Mutual...
Polygon recently set a new record for highest bounty paid in DeFi. The team at Polygon paid a two million US dollar worth of bounty to Gerhard Wagner, a white hat hacker who discovered a crucial vulnerability that had put around 850 million US dollars’ worth of capital at risk. So what type of vulnerability The post MATIC Price Analysis: Weekly and 4...
HBAR, the native token for the Hedera Hashgraph ecosystem maintains a bullish outlook following the recent launch of Circle’s USDC stablecoin on the HBAR ecosystem. Why, recently Circle’s VP of Product Joao Reginatto in an interview with CoinDesk, highlighted the need to prioritize the HBAR token ecosystem earlier this year, owing to its power for The post HBAR Price Prediction: Hedera Hashgraph (HBAR)...
Frances Haugen, the Facebook whistleblower currently in the headlines revealed she has crypto to thank for her survival during her refuge in Puerto Rico. Haugen is a former Facebook product manager who quit over the social media giant's incompetence to stop misinformation and unethical trade practice. Haugen also claimed to possess sensitive documents that show The post Here's How Crypto Investment Helped Facebook...
As China’s ban on virtual currencies nears...
Shiba Inu continues to rally despite Elon Musk confirming that he does not own any SHIB. Ethereum recoils from support around $3,900 as bulls push for gains above $4,400. The cryptocurrency market has continued to keep the bullish outlook intact. Following Bitcoin’s upswing to new all-time highs around $67,000, altcoins have been gaining ground. Last The post Shiba Inu, Ethereum Price Analysis: October...
The latest development in the Chinese crypto crackdown saw the authorities limit Non-Fungible Tokens (NFTs) to mere digital collectibles, i.e., they cannot be traded for-profit anymore, levying a ban on NFTs as part of the decentralized business. According to the Chinese Journalist, Colin Wu, the regulatory framework around NFTs is next in line with strengthened The post China Targets NFT Market After Blanket...
The latest update in the XRP lawsuit saw Ripple respond to SEC’s letter with the explanation for its privilege assertions along with a redacted version of the three additional documents requested by the defendants for in-camera review. Ripple has requested the court to disclose these documents to the defense and has further continued to argue The post XRP Lawsuit: Ripple appeals the Court...
Bank of Israel is reportedly set to start its CBDC pilot and they might go with Ethereum as the base blockchain on top of which it would work. The central bank reportedly did its first trial using blockchain but there is no confirmation from the Israeli Central Bank if Ethereum indeed would be a part The post Israel Looking at Ethereum Blockchain For...
The number of wallet addresses holding the SHIBA INU token has recently increased by over 9% in the last two weeks after breaching an earlier 738,000 address count. While in a sideways market range, retail demand for the SHIB token drew in over 60K of the new holder of the token, which accounts for a The post SHIB Price Analysis: SHIBUSDT Set to...
Ransomware groups, Darkside and BlackMatter recently moved multi-million dollars worth of Bitcoin upon getting the news of REvil’s servers getting hacked by a global coalition of law enforcement agencies. According to the authorities, 107 BTC, which amounts to $6.8 million were moved earlier today by splitting the amount into several different wallets. Furthermore, officials revealed The post This ransomware gang moved $6.8 million...
A recent surge in Ethereum transaction fees leads to an increase in layer-2 volumes for UNISWAP, the most famous and liquid decentralized crypto exchange. According to data sources from Nomics, a data analytics provider, UNISWAP V3 brought in 80 million USD in volume in Arbitrum compared to 14 million USD on Optimism. L2beat, a Layer-2 The post UNI Token Price Analysis: A Long-range...
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