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6,000+ XRP Holders Want to Testify, Bitcoin Stimulus + More News
15.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
The case of Ripple versus the United States regulators took a fresh turn as a group of XRP token holders asked the American court system...
Hoskinson: 100+ Companies Ready to Leave Ethereum for Cardano
15.3.2021
Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson
Cardano (ADA) supremo Charles Hoskinson claims that his project is poised to steal some of Ethereum (ETH)’s thunder – with claims that “more than 100 companies” are “in the pipeline,” and will shift to Cardano when...
China May Target Tether after Digital Yuan Launch – B2C2 Japan CEO
12.3.2021
Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games, an industry player has opined.
Speaking to Bloomberg (via Sankei Biz), Philip Gillespie, the CEO of...
Binance Investigated by CFTC - Report
12.3.2021
Source: Instagram, Binance
Major crypto exchange Binance is being investigated by the US Commodity Futures Trading Commission (CFTC) over concerns that it allowed Americans to place wagers that violated US rules, Bloomberg reported, citing undisclosed people familiar with the matter.
The CFTC...
Bitcoin Almost Unchanged, Ethereum, Altcoins Show Mixed Results
12.3.2021
Bitcoin price corrected lower from the USD 58,000 resistance. However, BTC is still trading above the USD 56,000 level and is almost unchanged in a day. The current (12:30 PM UTC) price action is positive, suggesting more possible upsides above the USD 57,500 and USD 58,000 levels.
Besides, most...
SEC ‘Wants to Know How Much We Spend on Groceries,’ Say Ripple Execs
12.3.2021
Brad Garlinghouse. Source: a video screenshot, Bloomberg
The long battle between the American regulatory Securities and Exchange Commission (SEC) and the XRP issuer Ripple has taken a personal turn – literally – with the SEC seeking personal financial information from banks on the company’s...
Video Cards, Crypto Mining Facility Demand Soars in Russia
11.3.2021
The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector.
Per a report from the media outlet Gazeta, data from the Russian e-commerce platform Avito revealed that last...
Bitcoin Still Consolidates, Ethereum and Altcoins Correct Lower
11.3.2021
Bitcoin price corrected lower from well above USD 57,000. BTC broke the USD 56,000 level and it even spiked below the USD 55,000 support. It is currently (12:30 PM UTC) recovering and is consolidating above the USD 55,000 support.
Conversely, most major altcoins extended their decline....
SEC Hits out at Ripple’s ‘Lack of Due Process’ in Letter to Judge
11.3.2021
Ripple’s regulatory woes have deepened again after the US Securities and Exchange Commission (SEC) petitioned the judge in the company’s legal battle to dismiss arguments in the company’s defense. The SEC claimed that Ripple has attempted to “divert the court’s attention” with invalid fair notice...
Ripple and YouTube End the Court Battle
10.3.2021
Ripple, an American blockchain company focusing on payments technologies, and major video platform YouTube have reached an agreement to end the court battle.
In a Twitter thread, the company CEO Brad Garlinghouse has announced that Ripple and YouTube have "now come to a resolution to work...
South Korea’s Shinhan, LG CNS Unveil CBDC Platform
10.3.2021
The South Korean commercial banking giant Shinhan and LG CNS, the IT services arm of the electronics conglomerate LG, have unveiled their joint pilot platform for central bank digital currencies (CBDC).
The two firms announced they would be partnering on the platform late last year, and...
XRP Jumps as Ripple's Partnership With MoneyGram Ends (For Now)
9.3.2021
XRP moved higher after US-based blockchain company Ripple announced that its partnership with the American money transfer firm MoneyGram has ended for now.
At the time of writing (05:24 UTC), XRP, ranked 7th by market capitalization, trades at USD 0.483 and is up by almost 4% in a day and 8% in...
Crypto Listing and Delisting Announcements: Week 10
8.3.2021
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...
Crypto Market Sentiment Unchanged; XRP Wins the Day, Loses the Week
8.3.2021
While the crypto prices have remained on similar levels over the past week, the market sentiment remained largely unchanged. After it had dropped out of the positive zone last week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins moved from 5.77 recorded...
PAID Crashes on Alleged Massive Exploit News
5.3.2021
PAID, the native token of PAID Network, a DeFi-focused protocol, crashed by almost 80% in less than an hour on major exploit news.
Per multiple comments on Twitter, the exploit is worth around USD 100m.
"Paid Network $PAID got exploited. Someone just printed 51M $PAID," ICO Analytics...
Novogratz Brands Dogecoin a ‘Joke,’ Tells Mark Cuban to Steer Clear
5.3.2021
Mike Novogratz. Michael Novogratz, the CEO of the crypto financial services firm Galaxy Digital, has dismissed dogecoin (DOGE) as a “joke” – and has hit out at the outspoken Shark Tank and new DeFi star, Dallas Mavericks supremo Mark Cuban for his association with the token.
Yesterday, Cuban...
Ripple Replies to SEC, Claims It Caused Damage to XRP Holders
5.3.2021
In an ongoing legal battle, San Francisco-based blockchain company Ripple filed a response to the US Securities and Exchange Commission (SEC), repeating that XRP is not a security nor was it necessary for its distribution and sale to be registered as such - stating that the regulator's complaint...
Larsen’s Lawyer Asks Court To Dismiss SEC’s Case Against Him
4.3.2021
Chris Larsen. Source: A video screenshot, Youtube/CfC St. Moritz
While Ripple’s legal woes continue to cast a shadow over the future of the company and XRP, an attorney representing Chris Larsen, the firm’s Co-founder and Executive Chairman, has filed a motion to a US federal judge in which...
Japan Edges Closer to its First IEO – an NFT Platform
4.3.2021
Japan is about to welcome its first initial exchange offering (IEO) – and yes, you guessed it, as with almost everything else that is currently happening in the crypto world, it’s non-fungible token (NFT)-flavored.
Per a press release from the crypto exchange Coincheck, which will host the IEO,...
Enjin New Solutions 'Bring Scaling to Ethereum, Remove Fees, Support NFTs'
3.3.2021
Source: A screenshot, Instagram/enjin
Ecosystem of blockchain software products Enjin (ENJ) has announced today a set of scaling solutions which they claim "remove gas fees from any blockchain" - the first of which is planned for launch early next month.
According to the team, this...