In a recent blog post, Cuy Sheffield, the Head of Crypto at Visa, explored the transformative potential of blockchain technology. Drawing parallels between the early skepticism surrounding the internet and the current state of blockchain, Sheffield outlined what he sees as Visa’s ongoing initiatives and future plans in leveraging blockchain for global settlements, cross-border disbursements, […]
Young Software Engineer Loses $80,000 in Crypto: A Cautionary Tale on Margin Investing
Ethan Nguonly, a 22-year-old software engineer, reportedly began his investment journey at a young age with parental guidance. He has built a substantial financial portfolio, which includes nearly $135,000 in retirement and brokerage accounts, as well as two houses. However, Nguonly disclosed a significant financial mistake that led to an $80,000 loss in cryptocurrencies between […]
Beware of Fake News: BlackRock Not Buying Voyager Digital
Amidst the whirlwind of cryptocurrency rumors, separating fact from fiction is paramount in the case of BlackRock and Voyager Digital. Continue reading at DailyCoin.
Ripple Continues Its Acquisitive Streak With Deal To Acquire Crypto Infrastructure Startup Fortress Trust
Just a few months after splashing $250 million on Metaco, Ripple has announced the acquisition of Fortress Trust, a Nevada-headquartered chartered trust company with a crypto and Web3 focus. Today, we are announcing intent to acquire Fortress Trust, part of the @Fortress_io suite of companies. Fortress Trust’s financial and regulatory infrastructure complements and expands Ripple’s […]
This Week in Coins: Green Candles—But Barely—for Bitcoin and Ethereum as Global Adoption Grows
Bitcoin (BTC) and Ethereum (ETH) started the weekend with slightly higher prices than seven days ago. The world’s biggest cryptocurrency currently trades for $25,815, which is an increase of about 0.6% over the week, while its closest runner-up grew 0.8% to change hands at $1,630. Many other leading cryptocurrencies have also posted similar small gains. […]
CFTC’s Enforcement Blitz on DeFi Protocols Attracts Backlash
The Commodity Futures Trading Commission (CFTC) announced that it had initiated and successfully settled legal actions against the Opyn, ZeroEx, and Deridex platforms. The three decentralized finance protocols allegedly failed to register various derivatives trading offerings. As stated in the official press release, Deridex and Opyn faced allegations of not registering as a swap execution […]
SEC Responds to Ripple Filing, Doubles Down on Appeal Bid
The regulator claims judge’s summary judgment order raises “knotty legal problems” worthy of appellate review
This Week in Coins: Green Candles—But Barely—for Bitcoin and Ethereum as Global Adoption Grows
Also, a member of the European Central Bank’s executive board criticized PayPal USD and shilled the digital euro.
September Forecasts: Will Borroe.Finance ($ROE), Dogecoin ($DOGE), or Polygon ($MATIC) Surge First?
Three tokens that have come under the radar are Borroe.Finance ($ROE), Dogecoin ($DOGE) and Polygon. $DOGE has just been listed on Robinhood wallets, while Polygon is anticipating a partnership with the fast-rising Shibarium. However, most analysts say they will be outdone by Borroe.Finance ($ROE), which has already recorded a 25% increase. Can $ROE become one […]
Everything you need to know about LFi and CEO Luiz Góes
CEO Luiz Góes is an expert in business management and fintech. He aims to drive more growth in LFi