XRP, an eminent cryptocurrency backed by Ripple Labs, once again curated a cyclone of speculative buzz across the global crypto landscape on Monday following significant whale transfers noted by the token. As per recent on-chain data unveiled by a blockchain tracking platform, the Ripple-backed appears to have noted the shifting of a whopping 126.7 million […]
CPI: JPMorgan, Other Banks Estimates Higher Inflation, Bitcoin To Fall Below $60,000?
The Consumer Price Index (CPI) for March by the U.S. Bureau of Labor Statistics is the most influential data for the U.S. Federal Reserve to likely settle the debate around the timing of Fed rate cuts. However, Wallet Street banks estimate a rise in inflation before it starts to cool again. The latest data indicated […]
Bit24.cash Security Flaw Exposes KYC Data of 230K Users
Bit24.cash, an Iranian crypto trading platform, has reportedly exposed sensitive data belonging to almost 230,000 users. This incident, uncovered by Cybernews, raises serious concerns about the security measures implemented by digital currency exchanges, particularly in the realm of user data protection. Details of the Security Breach The investigation by Cybernews revealed that Bit24.cash had a […]
XRP Lawyer Criques Senator Warren Over Stablecoin Letter
XRP lawyer John Deaton has expressed his views on platform X on Wednesday, raising concerns over a letter penned by Senator Elizabeth Warren to House Financial Services Committee Chair Patrick McHenry and Representative Maxine Waters. The letter to the U.S. Federal Reserve, which concerns the possible risks from stablecoins, has ignited a discussion in the […]
Crypto Promoter Rodney Burton Arrested, Charges Include Unlicensed Money Transmission
Crypto promotor Rodney Burton has been arrested and charged in the US, according to a report by The Guardian. Court documents state that Burton was a member of a network that provided investors and potential investors with “fraudulent promotional presentations”. Crypto Advocate Rodney Burton taken into custody in the U.S. Rodney Burton, also known as […]
Bitcoin Halving Diverges from Past Trends, Galaxy Reports
Billionaire Mike Novogratz‘s firm Galaxy Digital has released some thoughts about the coming Bitcoin halving event. The firm identifies a shift from historic patterns. Generally, Bitcoin would break its earlier highs after a halving. However, this trend has changed. Galaxy Digital analyses the way the Bitcoin halving event is altering. Galaxy Digital Notes Shift in […]