Both parties had submitted their requests for summary judgement. More and more firms have come out in favor of Ripple in the past few days. The number of people using XRP grows as confidence among investors stays high. The number of XRP wallets has risen beyond 4 million, as shown
October 3, 2022 2 mins read
StakeWise, a proof-of-stake app, will collaborate with Deutsche Telekom’s MMS. Ethereum’s proof-of-work consensus method was replaced with a proof-of-stake model. German telecom giant Deutsche Telekom, T-Mobile’s parent firm, has committed to operating a validator to facilitate staking on the Ethereum network. The news was officially announced by the German telecoms
October 1, 2022 2 mins read
A few hours after the lawsuit was filed, DGTX dropped 12% to a value of zero. In October of 2018, DGTX hit a record high price of $0.16. Digitex’s founder, Adam Todd, has been sued by the CFTC for allegedly operating an unlicensed exchange for crypto derivatives. The CFTC claims
October 1, 2022 2 mins read
The court ordered the SEC to provide relevant Hinman records. Christy Romero insists that the CFTC still considers Ethereum to be a commodity. Even with the switch to proof-of-stake (PoS), Ethereum is still seen as a commodity, according to CFTC Commissioner Christy Romero. On Wednesday, Rostin Behnam, chairman of the
September 30, 2022 2 mins read
Binance continues its expansion spree despite the bearish market conditions. The CEO has said that New Zealand is an intriguing market. Binance has confirmed that it has completed the necessary steps to become a registered Financial Service Provider with the New Zealand Ministry of Business, Innovation, and Employment. On Thursday,
September 30, 2022 2 mins read
The market cap of USDC has dropped by 5% as per CMC. Anxiety sparked when Binance first announced the change earlier this month. Binance starts conversion of TrueUSD, Pax Dollar, and USDC from Circle, to the exchange’s own stablecoin, Binance USD. It has already begun to have an impact on
September 29, 2022 1 min read
The exchange must disclose how much money was collected via the sale of tokens. Parent Firm 2TM criticized Brazil’s governing bodies on the regulation of crypto. Securities authorities in Brazil have demanded details on the digital tokens produced by Mercado Bitcoin. The largest cryptocurrency exchange in Latin America. Mercado Bitcoin
September 29, 2022 1 min read
On Monday, Snowden officially became a Russian citizen. Snowden has been an advocate of BTC and has been involved in development of Zcash. U.S. cyberattacks and abroad surveillance operations have continued for over a decade after whistleblower Edward Snowden revealed the US government’s extensive surveillance infrastructure to spy on Americans
September 28, 2022 2 mins read
The round was spearheaded by the bitcoin-focused investing group Ten31. The funds will be used to branch out and form new alliances. According to a press release, Strike, a major payment provider for the Bitcoin Lightning Network has secured $80 million in a series B fundraising round spearheaded by the
September 28, 2022 2 mins read
Over 1% was lost by the S&P 500, while 0.5% was lost by the NASDAQ-100. In the last 24 hours, BTC has risen by more than 5%, trading at $20.2K now. Astoundingly, the cryptocurrency market has surged. Bitcoin’s price has risen from the $18,000-$19,000 level to the $20,000 mark. Over
September 27, 2022 1 min read