A mix of upward and downward trends characterizes the crypto market. But some crypto projects experience a trading flat where they neither rise nor decline in value. Bitcoin (BTC), a virtual currency for making payments without the control of third-party interference in financial transactions, has been trading flat. While this situation signals low volatility for […]
XRP Verdict: Ripple’s Garlinghouse On Taking Down the ‘Bully’ Amid Wake-Up Call for Congress to Regulate
Just days after the major legal victory, Ripple Labs CEO Brad Garlinghouse spoke with CNBC on the recent court decision in the legal battle with the U.S. Securities and Exchange Commission (SEC). Garlinghouse emphasized that the verdict in the lawsuit is good for the whole crypto industry, not just Ripple. He stated, “I think this […]
What is Worldcoin: the iris-scanning crypto project that sparks privacy debates
Worldcoin, by OpenAI’s Sam Altman, combines blockchain and UBI, igniting privacy and security debates. Will this iris-scanning global financial network shape socio-economic reform? The internet has always been a breeding ground for the bizarre and the extraordinary. As AI technologies…
Ripple decision is ‘troublesome on multiple fronts’, says former SEC official
According to John Reed Stark, former attorney in the SEC’s Enforcement Division, the ruling in favor of Ripple Labs “resides on shaky ground”.
More Than 3.46 Million Ethereum Burned Post London Hard Fork
At the current ETH exchange rate, the total value of the destroyed ether is $6.68 billion. More than 230,000 ether has been burnt in NFT transactions on Opensea. It’s been almost two years since the London hard fork, which saw the deployment of EIP 1559. As a result of this major update, the base fee […]
TerraUSD Classic (USTC) Witnesses 20% Surge in Price
CMC reports a 24-hour increase in value of 20.18% for the stablecoin TerraUSD Classic. The stablecoin’s 24-hour trading volume has increased by 409%. The algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, TerraUSD Classic (USTC), is on a meteoric rise today, demonstrating a tremendous upsurge of interest in the stablecoin. CMC reports a 24-hour increase […]
Can VC Spectra (SPCT) and AAVE Surpass BNB in the Charts as BNB Experiences Sideways Movement?
As Binance (BNB) navigates through its ongoing lawsuit, adherents are closely monitoring the performance of other intriguing cryptocurrencies. VC Spectra (SPCT) has captured attention by raising an impressive $2.4 million in just two weeks through its private seed sale, setting the stage for ambitious growth targets. Meanwhile, Aave (AAVE) is actively pooling and managing assets, […]
Bitcoin price support at $30K opens the door for gains from UNI, ARB, AAVE and MKR
BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher.
CZ Admits to Involuntary Terminations Within Binance But Disagrees With Reported Numbers
Several traditional media outlets reported recently that Binance, the world’s largest crypto exchange, has or will have to dismiss thousands of employees in the wake of its legal battle with US regulators. The company’s CEO confirmed the layoffs but disagreed with the “FUD” reported numbers of terminated staff members. CNBC, WSJ Reports Citing a person […]
Ripple v. SEC: $1 Billion Question About Potential Fine
Ripple, the company behind the cryptocurrency XRP, faces potential fines of up to $1 billion following its legal dispute with the Securities and Exchange Commission (SEC)