On Friday, a day after the court stated that the U.S SEC may present its argument, the regulatory agency filed for permission to appeal the judge’s judgment that XRP sales via exchanges did not violate securities legislation. The filing read: “The rulings that the SEC seeks to appeal were legal
August 19, 2023 2 mins read
Despite its fast expansion and widely dispersed remote workforce, little is known about Binance, the biggest cryptocurrency exchange in the world. Binance continued to be a key participant in the cryptocurrency industry in 2022, despite the bear market, with an average daily trading volume of $65 billion. A lot of
August 17, 2023 2 mins read
The National Agency for Prospective Projects (NAPP) in Uzbekistan has granted permission to two private banks, Kapital Bank and Ravnaq Bank, to test crypto regulations in a “digital sandbox.” Moreover, Mastercard-powered crypto cards will be issued by the banks. The NAPP announced on August 14 that Ravnaq Bank has been
August 16, 2023 1 min read
Dubai has begun granting commercial licenses to AI and Web3 businesses at a 90% subsidy. This is part of an effort to build an unparalleled hub of cutting-edge technology enterprises in the MENA region, Emerging tech center Dubai AI and Web 3.0 Campus has decided to subsidize licenses for businesses
August 16, 2023 1 min read
One month prior, the price of XRP almost doubled in a short span of time, and this was likely due in large part to developments in the Ripple vs SEC lawsuit. However, the US SEC had recently submitted an interlocutory brief, suggesting that it intends to appeal a previous judgment
August 15, 2023 2 mins read
Orbs, a Layer-3 infrastructure network for decentralized applications, has teamed up with Axelar Network to provide users an easy and secure option to bridge their ORBS tokens to other popular blockchains like Ethereum and BNB Chain. Previously, ORBS tokens could be bridged on other networks thanks to the Multichain cross-chain protocol. However, after “unusual
August 14, 2023 2 mins read
After experiencing an assault on its “zStables” pools on Curve Finance, Zunami Protocol has warned users not to purchase any of its Zunami Ether (zETH) or Zunami USD (UZD) stablecoins. Please do not buy zETH and UZD at the moment, their emission has been attacked. — Zunami Protocol (@ZunamiProtocol) August
August 14, 2023 1 min read
The FLOKI Community is excited over the recent update. The FlokiFi Locker has been deployed on the opBNB testnet as per the recent update by the team. By providing cheaper fees and better throughput, opBNB from BNBchain is a high-performance layer-2 solution that liberates its full potential. By making its
August 12, 2023 2 mins read
Slivingland, a metaverse experience created by Paris Hilton’s 11:11 Media, has recently been released on the online gaming platform Roblox. The developers of Roblox are banking on Hilton’s massive social media following (70 million users) to use and cherish the venue. Hilton, in 2019, invented the phrase “slivingland” by merging
August 12, 2023 1 min read
Riot Platforms, a Bitcoin mining company headquartered out of Colorado, cut its quarterly net loss to $27.7 million as it increased Bitcoin output and hit record hash rate capacity. A 27% year-over-year rise in Bitcoin output, although being somewhat offset by a fall in Bitcoin prices, led to the cryptocurrency
August 10, 2023 1 min read
