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Ripple Says XRP Owners Have no Rights or Contract So Token is Not A Security
20.9.2022
Source: AdobeStock / MigrenArt
As US blockchain company Ripple continues its legal battle against the US Securities and Exchange Commission (SEC), the fintech intends to build its legal strategy on a claim that its token, Ripple (XRP), cannot...
One of S Korea’s Biggest Card Issuers Launches Blockchain-powered platform to Help Customers Spot Fake Goods
19.9.2022
Shinhan Card, South Korea's biggest credit card company and a global top-five credit card issuer, has launched a blockchain-powered digital warranty service used to certify the authenticity of products.
South Korean news outlet Money Today has reported that the warranty service is first coming...
What Went Wrong That Led to the Binance Helium $22 Million Accounting Mishap
19.9.2022
Four Binance.us customers have unexpectedly received a total of almost $22 million in cryptocurrency, after the crypto-exchange erroneously credited holders of Helium's new MOBILE token with the more valuable helium (HNT) token instead. It appears that most of the mistakenly credited HNT has been...
Crypto Prices Are Crashing Because of What’s Coming on Wednesday
19.9.2022
The week is off with bulk of the cryptocurrency market trading in the red, which is largely attributed to the upcoming rate hike announcement from the U.S. Federal Reserve Bank.
According to a report by Yahoo Finance, Fed officials are expected to deliver a third-straight 75-basis-point increase...
Joseph Lubin’s Infura Plans to Create an Amazon Web Services for Ethereum Nodes
19.9.2022
In response to the most complex upgrade to occur to Ethereum up to now, infrastructure provider Infura is developing a decentralized version of its service that provides scalable Ethereum infrastructure and Web3 developer application programing interfaces (APIs). The company is controlled by Joseph...
Ripple, SEC Seek Summary Judgement to End Case Soon and Why That’s Likely Bullish for XRP
19.9.2022
In another installment of the long-term legal battle pitting U.S. blockchain company Ripple against the U.S. Securities and Exchange Commission (SEC), both entities have asked for a swift judgment in the agency’s case against the company. ...
Read More: Ripple, SEC Seek Summary Judgement to...
Is the Biden Crypto Framework Bullish or Bearish for Crypto Prices?
17.9.2022
The administration of President Joe Biden has recently released a regulatory framework for digital assets, but key participants in the space do not believe it adequate.
A fact sheet describing the steps taken to regulate the cryptocurrency industry was made public by the White House on Friday....
Wall Street Backs New ‘Low Fees’ Crypto Exchange - Is This the Future and Should You Be Worried?
16.9.2022
A consortium of leading Wall Street broker-dealers, global market makers, and venture capital firms have announced the launch of a first-of-its-kind crypto exchange called EDX Markets (EDXM) that will be operated like a traditional stock exchange. ...
Read More: Wall Street Backs New ‘Low Fees’...
Coinbase U-Turns on Politics With New Tool to Promote Crypto-Friendly Politicians
16.9.2022
Coinbase has launched a new tool on its app that enables users to learn about how their elected officials view cryptocurrency. The tool is intended to help the exchange's customers reach out to US lawmakers and potentially exert an influence on how they vote with regards to crypto-...
CoinShares’ Meltem Demirors Tires of Crypto In-fighting, Sees Evolutionary Crypto Development Ahead
15.9.2022
Meltem Demirors, the chief strategy officer at publicly traded digital asset manager CoinShares, has called for the cryptocurrency industry to put its house in order and embrace regulations.
Speaking on the Chain Reaction podcast, she opined that the infighting by crypto market participants...
BNB Smart Chain Teams Up With Google Cloud to Accelerate Web3 Development
15.9.2022
BNB Smart Chain, the blockchain developed by major crypto exchange Binance, has announced a strategic partnership with Google Cloud, the cloud computing services arm of multinational tech conglomerate Google. ...
Read More: BNB Smart Chain Teams Up With Google Cloud to Accelerate Web3 Development
Now US Sanctions Addresses Associated With Iranian Military - Who’s Next?
15.9.2022
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed sanctions on 10 individuals and two entities affiliated with an arm of the Iranian armed forces called the Islamic Revolutionary Guard Corps (IRGC).
Per a press release, all properties fully or partially owned...
CZ Seals the Binance Love Affair With France - Says Paris is ‘Financial Hub for Crypto’ in Europe
15.9.2022
France and the leading cryptocurrency exchange Binance have continued to deepen their relationship through collaboration. Changpeng Zhao, founder and CEO of Binance, has described France's capital Paris as the financial hub of crypto in Europe. ...
Read More: CZ Seals the Binance Love Affair With...
Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax
15.9.2022
India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges, but some major players are benefiting from this trend. For Binance, the controversial levy has generated additional 429,000 downloads of the exchange’s app last August, its highest result...
SEC Chair Gary Gensler Has a 'Flexible' Way for Tokens to Register - Is this Good News for Crypto?
15.9.2022
Gary Gensler, Chair of the Securities and Exchange Commission (SEC), is intensifying the regulator’s work on extending regulation over the crypto industry. In his latest testimony at the U.S. Senate, the official declared he has a 'flexible' way for tokens to register with the agency, but...
Top 5 Trends Shaping Crypto Mining Future: What Awaits Miners
14.9.2022
As the Ethereum blockchain awaits the Merge and its full transition to proof-of-stake (PoS), a broader discussion about miners and their future has emerged. As things stand, the Ethereum blockchain market is incredibly fragmented. The Merge is expected to usher in a new era in which validators...
US Treasury - You Are Not Breaking Sanctions by Sharing Tornado Cash Code
14.9.2022
The U.S. Treasury Department has released further clarifications on the sanction placed on the popular cryptocurrency mixer, Tornado Cash. The department stated that the sanction does not affect the rights of individuals in the U.S. to view and disseminate the open-source Tornado Cash...
InterSwap Announces the Receiving of Grant from Polygon DAO
14.9.2022
InterSwap is indeed very glad to announce obtaining a grant from Polygon DAO. This will effectively assist in bringing cross-chain swaps and the easy transference of liquidity where the ecosystem is concerned. This joining hands and resources will also, in a huge way, achieve a much enhanced...
Alex Mashinsky Wants To Resurrect Failed Crypto Lender Celsius As A Custodian
14.9.2022
The downturn triggered by the bankrupt major crypto lender Celsius (CEL) continues to roll over numerous crypto businesses worldwide, but Alex Mashinsky, the firm's CEO, reportedly aims to revive the business as a custodian....
Read More: Alex Mashinsky Wants To Resurrect Failed Crypto Lender...
Fetch.ai Adds 40k Users from GMS With Further Plans of Launching a Utility Token
13.9.2022
Fetch.ai, a blockchain platform powered by machine learning and artificial intelligence, has onboarded over 40k new users from Get My Slice (GMS). GMS is a consumer-powered data marketplace that protects and allows users to monetize data generated from their social media activities. Overall...