Ripple has run into problems once again with the United States Securities and Exchange Commission (SEC) following the announcement of its highly anticipated stablecoin. The stablecoin, which is to be pegged to the US dollar, is expected to give established stablecoins such as Tether’s USDT and Circle’s USDC a run for their money. However, the SEC

Charles Hoskinson, founder of the Cardano blockchain, has confirmed the integration of Cardano Improvement Proposal (CIP) 69 into the upcoming Chang hard fork. This announcement was made via X, emphasizing the adaptation to community feedback and aligning with the demands of the Cardano Foundation (CF). Hoskinson detailed the decision process and its implications: “I saw

Litecoin has become the new king of cryptocurrency payments, as more users are increasingly adopting this popular digital currency over Bitcoin to execute transactions on the crypto payments platform, Bitpay.  Litecoin Surpasses Bitcoin In Crypto Payments In a recent X (formerly Twitter) post, the Litecoin team announced that LTC has become the number one cryptocurrency

The EU securities regulator is reviewing whether to allow Bitcoin assets into its €12 trillion mutual fund market, potentially opening the door to major mainstream adoption.

Ethereum, the second-largest digital asset by market capitalization, has been under the spotlight once again. Recent movements of ETH by the Ethereum Foundation have stirred concerns among market observers, igniting debates about potential volatility in Ethereum’s price. Related Reading: Transaction Fees To The Rescue! Bitcoin Miners Find Solace In Network Activity Foundation’s Massive ETH Transfers

As Robinhood continues to traverse the complexity of the financial regulatory landscape, Vlad Tenev the company’s Chief Executive Officer (CEO), has taken center stage to address the Wells Notice receipt from the United States Securities and Exchange Commission (SEC) regarding its cryptocurrency business. Tenev’s response to the SEC’s Wells Notice highlights the firm’s commitment to

K9 Finance, the liquid staking solution for the Shiba Inu ecosystem, recently announced two major updates: a live demo for its Bone Crusher platform and its integration into Shibarium’s test network, Puppynet. Shiba Inu’s Staking Solution Is Coming The latest update from K9 Finance includes a detailed tutorial video that showcases forthcoming features set to

On late Wednesday, Donald Trump, the former President and Republican frontrunner, declared his support for cryptocurrencies. This announcement came during a notable gathering at his Mar-a-Lago resort in Palm Beach, Florida, dubbed the Trump Cards NFT Gala, attended by supporters who are holders of NFTs depicting Trump’s name and likeness. During the event, Trump criticized

Nigeria has rejected bribery allegations made by Binance, the world’s largest cryptocurrency exchange, labeling them as a “tactic to divert” attention from the exchange’s activities.  The statement comes in response to a blog post by Binance’s newly appointed CEO, Richard Teng, who claimed that the Nigerian government demanded a $150 million cryptocurrency payment to settle

Binance CEO Richard Teng recently denounced the Nigerian authorities’ abuse of power and mistreatment of the crypto exchange executives, including still-detained Tigran Gambaryan. Teng considers it’s time to highlight the implications of the saga between the crypto exchange and the Nigerian regulators on behalf of the business community. Related Reading: SEC Chair Gensler: Crypto Represents

In a surprising turn of events, bankrupt cryptocurrency exchange FTX recently announced a new repayment plan to reimburse creditors and customers in full. The plan also includes a substantial compensation offer to account for the time value of their investments.  While customers initially expected to be the primary beneficiaries, the biggest winners in this repayment

In a post on X, one analyst now claims traditional fiat-backed stablecoins like USDT and USDC should prepare for a “major” attack due to the increasing popularity of Ethena’s USDe. The warning follows Ethena and USDe’s integration with Bybit, a crypto exchange allowing perpetual trading. Ethena Partners With ByBit USDe is not fiat-backed like other popular stablecoins.

Crypto analyst Jonathan Carter has predicted that the XRP price could rise to $1.68. The analyst, however, noted what needs to happen before the crypto token can attain such heights.  How XRP Price Will Rise To $1.68 Carter noted in an X (formerly Twitter) post that the XRP price was “bouncing from the lower trendline

In a significant move into the digital asset space, British banking app Revolut has unveiled Revolut X, a dedicated crypto trading platform for UK retail customers.  According to a Fortune Magazine report, the launch of the new platform signifies Revolut’s commitment to the crypto industry and positions the company to compete with major players like

On-chain data shows that Bitcoin investors holding between 100 and 1,000 BTC have been on an unprecedented buying spree in the past two months. Bitcoin Supply Held By Sharks Has Sharply Gone Up Recently As analyst Willy Woo explains in a new post on X, a group of high-net-worth Bitcoin investors has been buying heavily

Solana had previously touched $200 earlier in the year but this was only for a brief period before declining back down to $150. At this point, the Solana indicators are beginning to flash bullish, prompting crypto analysts to predict a resurgence above $200 for the altcoin. Solana Shows Growth On D1 Timeframe Crypto analyst Maximilian

The crypto sector continues to exhibit strong growth and resilience, as evidenced by the consistent influx of venture capital (VC), surpassing the $1 billion mark for the second consecutive month. This sustained flow of investment highlights the market’s ongoing expansion and the increasing confidence of investors in the potential of blockchain technologies and digital assets.

Bitcoin is looking to enter into the $65,000 price terrain again amidst price volatility in the past 24 hours. The latest numbers from two different metrics suggest this could become a reality soon and Bitcoin could be on track to going on a price rally. As noted by a crypto analyst on social media, the

Ethereum co-founder Vitalik Buterin, along with collaborators Sam Wilson, Ansgar Dietrichs, and Matt Garnett, has proposed a new Ethereum Improvement Proposal (EIP) numbered 7702, designed to significantly enhance the functionality of Ethereum’s externally owned accounts (EOAs). EIP-7702 aims to integrate smart contract functionalities temporarily into EOAs, a transformative concept that might redefine user interactions on

Nigeria’s once-tepid stance on cryptocurrency has taken a sharp turn towards prohibition. The Nigerian government, citing concerns over Naira manipulation, is proposing a ban on P2P (Peer-to-Peer) trading platforms that utilize the local currency. This move, coupled with ongoing legal battles with major exchanges, throws the future of Nigerian crypto into uncertainty. Related Reading: Analyst

Bankrupt cryptocurrency exchange, FTX has unveiled a new repayment plan aimed at reimbursing creditors and customers in full and offering billions in the form of compensation for the time value of their investment.  FTX To Reimburse Customers In Full In a press release on May 7, FTX disclosed that it would be repaying 98% of

Tom Lee, co-founder of research firm Fundstrat, has ignited fresh bullish sentiment in the cryptocurrency world with his prediction of a Bitcoin price surge to $150,000 by the year’s end. Lee, a prominent Bitcoin advocate, remains confident despite a recent price dip and ongoing inflation concerns. Related Reading: Marathon Digital Mints Massive Market Cap Gain:

In a shocking development, American-based cryptocurrency asset management giant Grayscale Investments has withdrawn its Ethereum Spot Exchange-Traded Fund (ETF) proposal with the United States Securities and Exchange Commission (SEC). This ruling is made against the backdrop of regulatory ambiguity that surrounds exchange-traded funds in the US that are based on digital assets. Grayscale Takes Back

Genesis Digital Assets Limited (GDA), a leading force in the global Bitcoin mining sector, has partnered with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, both partners have established a new Bitcoin mining facility that capitalizes on an innovative energy resource: stranded gas from oil fields. Argentina Will Mine Bitcoin This facility,

The Securities and Exchange Commission (SEC) has submitted its remedies reply brief in its ongoing legal battle with Ripple Labs, accompanied by supporting exhibits. This filing marks a pivotal moment in the litigation as it is the final brief before Judge Torres will make her remedies ruling. SEC Files Final Brief As Decision Day Looms For

Reports unveiled that part of the stolen funds from crypto exchange Poloniex have been moved for the first time. After six months, one of the identified accounts where the exploit proceedings were sent in November 2023 transferred $3.5 million to a crypto mixer. Related Reading: Dark Bling: Heir To Jewelry Giant Cartier Indicted In Cocaine

In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his concerns regarding the crypto industry, emphasizing its alleged association with scams, fraud, and compliance issues within the broader market.  Compliance With Securities Laws In Crypto Gensler began by acknowledging that while cryptocurrencies constitute a relatively small segment of the