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The US SEC opposes Ripple’s initiatives to lower its fines


“Ripple is agreeing to nothing”, the Securities and Exchange Commission indicated in its response to Ripple’s request for lower fines. The company has been constantly engaging in legal battles with the Securities and Exchange Commission since 2022. The Securities and Exchange Commission refuted...

Ethereum price drops after whale moves $20M to Kraken


Ethereum ($ETH) has breached the support level of $3,500 by trading at $3,438.76 at the press time. Bitcoin ($BTC) is leading the declining trend but ETH, specifically, has its downfall credited to an ICO whale who just moved tokens worth $20 million to Kraken. The whale was seen depositing 5.5k...

OKX joins hands with CertiK for Fast Pass Program


The Web3 tech company has recently announced a collaboration with CertiK, for a fast pass program. CertiK is a top-rated blockchain security establishment and it will bring enhanced security to the OKX wallet project. They will showcase a curated roster of premiere projects that went through...

Buyer demand rises for XRP amid hopes for SEC vs Ripple settlement


The value of XRP has gone up by 2.31% in the last 24 hours. This is largely credited to the hopes that the community members have. They stem from the speculation that the US Securities & Exchange Commission and Ripple may soon settle. While Ripple will have to shed a few bucks, the numbers...

WSPD & DigiFT team up for innovative Web3 payments


DigiFT has recently signed a remarkable partnership with WSPN, a globally recognized company in the digital payment business. This is the world’s first regulated exchange that is exclusively involved in the trade of real-world assets that are registered on blockchain technology, which is commonly...

Bitcoin tumbles to one-month low, but bulls stay hopeful for rebound


Bitcoin ($BTC) fell on Tuesday, and so did altcoins like Ethereum and Solana. It was a major hit for BTC since the flagship crypto touched a new monthly low. On Tuesday at 10:26 am, Singapore time, we witnessed it trading at around $65,300. At that time, it had fallen by 2.7%. Dogecoin also posted...

IOTA EVM endpoints are now part of Blast


Incorporating IOTA EVM endpoints into Blast is a game-changing development, and IOTA can address the scalability and efficiency issues of conventional blockchain systems. Its Tangle architecture features parallel transaction validation without the usual drawbacks of blocks and chains....

ZKSync’s ZK token airdrop has raised the hackles of investors


ZKSync’s ZK token airdrop has ruffled the feathers of many an investor, as well as the overall crypto community. Towards this, Binance has jumped in with a rescue team and suggested a fresh way of approaching the allocation scheme for pacifying the heckled users. Incidentally, ZK has fallen by more...

Trump may launch $DJT token on Solana, rumors suggest


Speculations are doing the rounds that Trump, a presidential candidate, has developed and will be releasing a token, $DJT on Solana.  This bit of information has been shared on X by a media house, Pirate Wires, which goes on to add that it will be Trump’s son, Barron, who will be responsible...

Pyth Network’s Pull Oracle has been positioned on Solana


Pyth Network’s Pull Oracle is currently live on Solana, allowing developers on the Solana mainnet beta to interact with Pyth’s Oracle pricing. This will be accomplished by transferring price revisions related to the Pythnet app chain to the Solana domain. Up until June 30, 2024, users...

Doodles to shift its Stoodio avatar customized platform to Base in July


Doodles plans to transfer its Stoodio avatar customized platform to Base, an Ethereum layer 2 upgrading network, uprooting itself from the Flow blockchain. This movement is slated for some time in the middle of July.  The intention behind this is to be able to utilize Base’s cost-effective...

Bitcoin dips, but key metrics hint at a bullish future


Bitcoin ($BTC) has slipped to a value lower than $66,000 at the time of writing this article; however, key metrics point to an optimistic future for the flagship cryptocurrency. Meaning there is a bull run on the horizon if factors align in favorable conditions. For starters, market liquidity...

Coinbase releases pre-launch markets on Coinbase exchange


Coinbase has recently announced support for pre-launch markets on Coinbase Advanced and Coinbase International Exchange. The tools will be made available for users in eligible areas outside of Canada, the UK, and the US. Pre-launch markets allow traders to undertake futures contracts for tokens...

Ternoa offers Polygon CDK-based Ethereum L2 zkEVM+ for security and privacy


In 2023, Ternoa released a decentralized privacy stack as a Polkadot SDK L1 chain. Now, the company is launching zkEVM+, an Ethereum L2 developed using Polygon CDK that focuses on security and privacy. Polycon CDK has been instrumental in the development of Ternoa’s zkEVM+, an L2 on Ethereum...

Tether launches Alloy: A Gold-backed revolution for digital assets


Tether has introduced Alloy. It is an open platform for creating digital assets. Tether Gold will back these assets, which may alternatively be known as tethered assets. Alloy is being brought to the market to reimagine digital economy stability. Recognized as an innovative approach, Alloy will...

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