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Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse
22.12.2022
One of the biggest banks in America once again paid a billion-dollar-scaled fine for the illegal treatment of its customers
Elon Musk brings a new unique feature to financial Twitter
22.12.2022
Elon Musk has some time before he leaves the company as its Chief Executive Officer. He, however, looks on a determined path to bring long-lasting innovations during his tenure. The official Twitter handle of Twitter Business has announced one such move. The update sheds light on how users...
Worlds: Decentraland brings your own 3D space in Metaverse
22.12.2022
Decentraland Foundation is extremely pleased and excited to deliver its very own Worlds. It happens to be a concept akin to one owning one’s very own 3D space in the Metaverse. It is not possible, incidentally, to either sell or trade Worlds. The entire aim and intention behind this concept...
Superfluid is now live on Ethereum Mainnet
22.12.2022
Superfluid, the leading asset streaming protocol, took to Twitter to announce its collaboration with Ethereum Mainnet. Superfluid has been experimenting for two years across six L2s: Arbitrum, Avalanche, Binance Smart Chain, Gnosis Chain, Optimism, and Polygon. With the help of a strong ecosystem...
'Don't Regulate - Ban Crypto Before It Triggers Financial Crisis', Indian Central Bank Head Says
22.12.2022
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, suggested that cryptocurrencies should not be regulated - they should be banned altogether, lest they lead to the next financial crisis.
Speaking at the Business Standard BFSI Insight Summit on Wednesday, and asked about the war...
Polygon reaches out to the community to join the testnet
22.12.2022
Researchers who happen to be with Polygon have reached out to the community to gain their active involvement, so far as the testnet is concerned. However, this happens to be a step under the fundamental characteristic of Ethereum, which has always looked to collective contribution on all important...
Stablecoin settlements can surpass all major card networks in 2023: Data
22.12.2022
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things
Crypto-trading South Korean Soldier ‘Sold Fake Concert Tickets to Fuel Spending’
22.12.2022
South Korean police have charged a man in his twenties with embezzlement and fraud – claiming that, during his military service, he fueled his crypto trading habits by selling bogus concert tickets online.
The man, aged 22 but unnamed for legal reasons, was arrested at the Heungdeok Police Station...
Terra Luna Classic Price Prediction as LUNC Pumps Up 7.7% in 24 Hours – $1 LUNC Incoming?
22.12.2022
The Terra Luna Classic price has risen by 5% in the past 24 hours, reaching $0.00013703 as the wider cryptocurrency market barely budges in the same period. At one point today LUNC was up by as much as 7.7%, although its current price still means it's down by 17% in a week and by 10% in...
Cormac Dinan! Coinbase’s new director following the Central Bank of Ireland’s approval
22.12.2022
Coinbase has published a blog post on the official website to announce that it has received regulatory approval in Ireland after registering with the region’s Central Bank. The blog post further shares that Cormac Dinan is now on board with the platform as its Country Director in Ireland....
Alameda's Caroline Ellison escapes potentially 110 years in jail via plea deal
22.12.2022
Former Alameda Research CEO could be released on a $250,000 bail, but she's not allowed to leave the United States
One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry
22.12.2022
Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and skyrocketing energy prices, becoming the latest victim of the ongoing crypto winter.
On Wednesday, the firm filed for Chapter 11 bankruptcy protection in Texas....
Binance Launches Blockchain Education Program in Kazakhstan
22.12.2022
Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the government, the blockchain course will be added to the curricula of higher education institutions across the country. Binance Exchange to Help...
Federal Reserve raises interest rates by 0.5%. What does this mean for Chainlink (LINK) and crypto dark horse Orbeon Protocol (ORBN)?
22.12.2022
The US Federal Reserve has raised interest rates by 0.5%, a move that impacted Chainlink (LINK) heavily, as it struggled to find footing and slipped more than 11% following the FEDs decision. Orbeon Protocol (ORBN), a platform that mints fractionalized NFTs representing equity, is predicted to...
Frozen bank account triggers switch to Bitcoin salary for a whole year
22.12.2022
How a frozen bank account led one Bitcoin advocate to experiment with living on the Bitcoin Standard
Alameda's Caroline Ellison and FTX's Gary Wang hit with additional fraud charges
22.12.2022
Arrested crypto billionaire Sam Bankman-Fried's former entourage faces additional charges by key U.S. government agencies
Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...
Bitcoin Price and Ethereum Prediction; Paxful Delists Ethereum
22.12.2022
During the Asian session on December 22, Bitcoin price prediction remains bearish below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Similarly, Ethereum has also remained mostly unchanged at $1,220. Ethereum (ETH) has been delisted from...
British Columbia to halt new power connections for crypto miners
22.12.2022
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations
US senator Toomey introduces stablecoin bill as congressional session wraps up
22.12.2022
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session