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XRP Price Prediction as USD Coin Overtakes XRP in Market Capitalization – What Happens Next?
14.9.2023
The total market cap of USD Coin (USDC), the world’s second-largest US dollar-pegged stablecoin by market capitalization which is issued by US fintech firm Circle, overtook XRP (XRP) in market cap on Thursday.
XRP is the cryptocurrency that powers the XRP Ledger, a decentralized layer-1 blockchain...
Binance.US Head of Legal and Chief Risk Officer Leaving the Crypto Exchange: WSJ
14.9.2023
The departure comes just days after the crypto exchange lost its CEO Brian Shroder
Hearing Date Set for Binance vs. SEC Lawsuit Motions in Ongoing Legal Battle – Here's What You Need to Know
14.9.2023
In the ongoing legal clash between Binance, the prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC), a significant hearing date has been scheduled for two crucial motions.
As per the recent court filing, Magistrate Judge Zia M. Faruqui has designated the hearing...
Dueling CBDC Bills Heading for U.S. Digital Dollar Debate in Congressional Hearing
14.9.2023
The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But Rep. Stephen Lynch (D-Mass.) reintroduced a bill Thursday calling for...
Genesis Has Ceased All Crypto Trading Services: Spokesperson
14.9.2023
Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO
14.9.2023
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month
Despite Crypto Market Rout in the US, “Clear Heads Will Prevail,” Says Ethereum Co-Founder
14.9.2023
Joseph Lubin, the co-founder of Ethereum and the CEO of blockchain firm ConsenSys, is optimistic about crypto adoption in the US, similar to embracing “previous technologies like the internet.”
In a recent interview on CNBC’s ‘Capital Connection,’ he said that “clear heads will prevail” in...
Today in Crypto: Deutsche Bank Partners With Taurus to Provide Crypto Custody for Institutional Clients, BTC Lender Delio May Sue S.Korean Regulator, EY is Developing AI-Powered Platform
14.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Deutsche Bank Partners With Taurus to Provide Crypto Custody for Institutional Clients, BTC Lender Delio...
Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin
14.9.2023
Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse...
Ether Staking Landscape Gets Boost as SSV Mainnet Seeks to Dispel Centralization Concerns
14.9.2023
The launch comes as staking landscape is dominated by centralized staking providers, which together hold more than 70% of the staked ether (ETH) supply
Shibarium Layer-2 RPC node breaks barriers for builders
14.9.2023
Shibairum, a layer-2 blockchain solution, has surpassed expectations with its RPC node. At the time of drafting this article, Shibarium had registered over 200k daily transfers, housed more than 2 million crypto wallets, and entered RPC Node by NOWNodes. It largely benefits builders who are looking...
Swift takes forward its CBDC innovation
14.9.2023
Swift has announced that it is starting the second phase of its CBDC innovation. The goal is to drive the interoperability aspect of CBDC by having participants get their hands on the innovation in the most real-world environment. Making this interesting is the fact that the second phase is...
Crypto Exchange Bybit Expected to Leave UK Market Amid Looming Regulations – What’s Going On?
14.9.2023
Digital asset exchange Bybit mulls a potential exit from the UK as new rules from the Financial Conduct Authority (FCA) swing into effect on Oct 8.
Bybit CEO Ben Zhou explained that the new marketing rules set to be enforced in a few weeks will tighten the market, possibly forcing the firm...
First Mover Americas: BTC Holds $26K; Hedera’s HBAR Jumps
14.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
European Parliament Supports DAC8 Crypto Tax Rule by an Overwhelming Margin
14.9.2023
Lawmakers in the European Parliament have expressed support for the eighth iteration of the Directive on Administrative Cooperation (DAC8), a measure that introduces tax reporting requirements for crypto transactions.
During a plenary session held in Strasbourg, France, on September 13,...
Lido’s Staked Ether Tokens Can Soon Be Used on Cosmos, IBC Blockchains
14.9.2023
Lido is the leading provider of liquid-staking solutions and its staking token, stETH, has a $13.8 billion market capitalization
SophiaVerse hires Logan Ryan as its CEO to drive growth
14.9.2023
SophiaVerse has announced the appointment of a Chief Executive Officer to drive its growth in the segment of Web3 decentralized AI. The person who will now chair the position is Logan Ryan Golema, also simply known as Logan. He has announced his arrival with a quote that says that he is here...
The Genesis will be positioned on the Chiliz Chain
14.9.2023
The Genesis, which is basically an NFT collection from Legend and Chiliz’s collaboration, will be the initial project that will be positioned on the Chiliz Chain. They have created an exceptional offer for the Chiliz community to commemorate the occasion. For a start, the NFT collection will...
SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation
14.9.2023
The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered...
Canadian Bitcoin Exchange Strikes Local Currency Conversion Partnership with Costa Rica’s Payment System
14.9.2023
Canadian Bitcoin (BTC), Bull Bitcoin has announced a partnership with Costa Rica’s most extensive payment system, SINPE Movil, and local wallet provider, Bitcoin Jungle.
According to a press release on Sept 14, the non-custodial Bitcoin exchange will give users the option to convert local...