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Ripple Resumes Programmatic XRP Sales, Citing ODL Growth


The so-called “programmatic sales” of XRP (essentially meaning open market exchange sales) have made another return – with major blockchain company Ripple once again claiming it's due to On-Demand Liquidity (ODL). In their May 6 report, Ripple wrote that, for "well over a year," they have...

Bitcoin and Ethereum Trend Higher, ADA, BCH, EOS, and ETC Rally


Bitcoin price has settled well above the USD 56,000 level. BTC is currently (12:00 PM UTC) showing positive signs and it might gain momentum above USD 58,000. Besides, most major altcoins are trading in a strong uptrend. ETH is rising and it might accelerate higher above USD 3,500. XRP/USD...

German Regulator Refuses to Budge in Binance Stock Token Dispute


Source: Instagram, Binance The Federal Financial Supervisory Authority (BaFin), the German financial markets regulator, has turned down a plea from the crypto exchange giant Binance to remove warnings about stock or inventory tokens – coins meant to represent shares in American stock market-listed...

XRP Holders Itching for Legal Battle in Protracted Ripple vs SEC War


Ripple’s long-running struggle against the American regulatory Securities and Exchange Commission (SEC) looks set to rumble on – although it could be set to take a new turn as the presiding judge is set to make a key decision, while XRP holders are itching to enter the legal area. The case centers...

Bitcoin and Ethereum Rise While DOGE Corrects Lower, BCH and LINK Shine


Bitcoin price is rising and trading above USD 54,000. BTC is currently (13:00 UTC) trading above USD 55,000, with a major hurdle at USD 56,000. A successful close above USD 56,000 could open the doors for a decent increase. Besides, most major altcoins are trading in a positive zone. ETH is rising...

Original Ethereum Outperforms ETH Despite Its 'Institutional Evolution'


The native token of the original Ethereum blockchain, Ethereum Classic (ETC), is rallying, rising nearly 50% in a day, outperforming Ethereum (ETH) despite its 'institutional evolution'. ETC, currently the 16th coin by market capitalization, is up by 47% in a day (7:20 UTC), almost reaching...

‘MLM Crypto Exchange’ Victims ‘Mainly Pensioners and Housewives’


Source: Adobe/Coloures-Pic Police in South Korea are continuing their investigation into the crypto exchange V Global, with some reports claiming that up to 40,000 investors may potentially have been left out of pocket – most of whom have been described as “elderly citizens and housewives.” Police...

TikToker Creates Joke ‘SCAM’ Coin – and People Are Buying it in Droves


A TikToker who made his own crypto token as a joke has been astounded to find that his coin has become an overnight success – and has apparently grown increasingly keen on his logic-defyingly popular creation. Andre Lewis aka Dre, who goes by the TikiTok handle of Dresuschrist, told Vice’s...

Crypto Exchange Raided on MLM Fraud Charges, USD 214M In Assets Frozen


V Global, a South Korean crypto exchange has been raided by police, with the firm’s CEO placed in custody, homes, and offices searched, and assets frozen – with the trading platform accused of masterminding a large-scale, illegal multi-level marketing operation. Police succeeded in obtaining court...

Crypto Listing and Delisting Announcements: Week 18


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Chia Network 'Opened Discussions' With Investors, Debuts On Exchanges


Bram Cohen, Founder of Chia. Source: A video screenshot, Youtube/Roger Royse Law Ahead of their mainnet launch, Chia Network, the developer of blockchain and "smart transaction" platform, was in discussions with investors to secure additional financing, according to a note to investors...

Coin Race: Top Winners/Losers of April 2021; The Month of Dogecoin


Happy crypto May everybody! Welcome to another month that's starting off green, but to see how we got here, we need to go back and take a look at what happened in the month before. April was by no means an unsuccessful month (price appreciation-wise) for either the top 10 coins by market...

Young South Korean Crypto Enthusiasts Ditch Youtube For TikTok


Young South Korean crypto enthusiasts are reportedly increasingly shunning YouTube – once their favorite resource for crypto investment advice and token-related talk – in favor of TikTok-based crypto content-makers. Per Chosun, Generation Z investors are increasingly looking to broaden their...

Ripple Execs Blast SEC’s 'Perplexing' Actions in String Of Interviews


Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg Technology As American blockchain company Ripple’s woes with the US Securities and Exchange Commission (SEC) continue, the company’s executives have appeared in a string of interviews with major broadcasters to flag what they...

Police: Suicide Linked to USD 180,000 Crypto Losses


Source: iStock/D-Keine A South Korean man aged in his twenties has committed suicide – and police claim that a crypto investment gone wrong likely drove him to take his own life. Police in Gangneung, Gangwon Province, said the man was found dead in the area on the afternoon of April 24. No suicide...

Paxos Raises USD 300M at USD 2.4B Valuation


Charles Cascarilla. Source: A video screenshot, Youtube/CNBC Television Regulated blockchain infrastructure platform Paxos (PAX) has raised USD 300m at USD 2.4bn valuation. The Series D round of funding was led by the US-based venture growth-equity fund Oak HC/FT, with USD 3.3bn in assets under...

Someone Paid USD 1.7M In Litecoin For Tom Brady Football Card


Source: Twitter/@GoldinAuctions In what is called one of the largest "hard asset" transactions to be paid entirely in cryptocurrency, an unknown buyer purchased an autographed Tom Brady football card for about USD 1.68m worth of litecoin (LTC) at an auction hosted by Goldin Auctions. The...

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