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Ripple, the company behind the leading cryptocurrency XRP, has obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its blockchain-based payment services in the United Arab Emirates (UAE). According to the official announcement, this approval would lead Ripple to operate from the Dubai International Financial Centre (DIFC).
October 1, 2024 2 mins read
The global crypto market starts October, often called “Uptober,” with optimism, but it’s not without challenges. Also, many cryptocurrencies ended September on some positive note, and XRP was no exception, closing in the $0.65 zone—a level it last seen during the March bull rally. Further, Ripple’s ongoing battle with the
October 1, 2024 2 mins read
The Shiba Inu team has shared the most-awaited announcement about “Shib The Metaverse,” a virtual space within the SHIB ecosystem that has caught the attention of many in the SHIB Army. Lucie, the marketing lead for Shiba Inu, has hinted that the launch of this metaverse is drawing nearer, sparking
September 30, 2024 2 mins read
Former Binance CEO Changpeng Zhao, popularly known as CZ, has made his first public statement since his release from US custody. In a post on social media platform X on Sep 29, Zhao, a prominent figure in the crypto world, pledged to continue investing in sectors like blockchain/DeFi projects, artificial
September 30, 2024 2 mins read
FTX Token (FTT), linked to the bankrupt crypto exchange FTX, saw a dramatic surge on Sunday, gaining over 110% in just 24 hours. Alongside this price spike, trading volume also saw a jaw-dropping increase of 3653%, bringing FTT back to levels it hadn’t seen since January of this year. According
September 30, 2024 2 mins read
The XRP Ledger (XRPL) is making significant strides with its latest updates, sparking enthusiasm within the crypto community. Recently, the protocol introduced two major amendments named “fixEmptyDID” and “fixPreviousTxnID.” These updates were successfully approved by 31 validators, surpassing the required threshold for implementation. Ripple has also been actively working on
September 28, 2024 2 mins read
The U.S. Securities and Exchange Commission (SEC) declared a settlement with Solana-based DeFi platform Mango DAO and Blockworks Foundation for selling unregistered crypto assets known as “MNGO” tokens. This settlement also involved Mango Labs, which was accused of engaging in unregistered broker activities related to the sale of various cryptocurrencies
September 28, 2024 2 mins read
Bitcoin (BTC) has been making a notable comeback this week, peaking at $66,376—an increase of 1.29% against the U.S. dollar on the day and a solid 5% gain over the past week. After nearly two months of consolidation, Bitcoin appears to be entering a more favorable trend. On September 27,
September 28, 2024 2 mins read
Dogecoin (DOGE) is showing positive momentum as it recovers from recent lows, with a significant price surge of over 10% in the past 24 hours. After hitting a low of $0.1135, it climbed to a high of $0.1248. This marks a notable shift after months of consolidation, as DOGE has
September 27, 2024 2 mins read
Robinhood Markets Inc. and Revolut Ltd., two prominent fintech firms, are reportedly exploring the possibility of launching their own stablecoins, as per a Bloomberg report. If they entered the stablecoin market, the companies would follow the path of other financial giants like PayPal, which introduced its PYUSD stablecoin last year.
September 27, 2024 2 mins read
