In what may signal a resurgence of high Bitcoin transaction fees, an anonymous whale just spent 83.65 BTC (over $3.14 million) in miner fees to facilitate a single BTC transaction. According to the crypto analytics platform BitinfoCharts, the exorbitant charge occurred with the transfer of 55.76998378 BTC from the sender’s
November 23, 2023 1 min read
News of a confidential SEC meeting this week covering enforcement proceedings and litigation actions has revived settlement speculation within the Ripple community. The undisclosed November 30th agenda comes amidst key phases in Ripple’s ongoing legal battle with the regulatory body over XRP’s status. While no parties are named, the slated
November 22, 2023 2 mins read
The price of meme-favorite crypto Dogecoin fell over 2% on Wednesday, even as network activity reignited and technical signals flashed bullish. Blockchain trackers spotted a landmark “golden cross” chart pattern for the first time in a year, along with growing wallet use. However, DOGE has yet to respond positively as
November 22, 2023 1 min read
The Cardano Foundation is mobilizing over 11 million ADA to support an upcoming vote central to decentralizing the blockchain’s decision-making. The nonprofit pledged its backing for the so-called “Catalytic Governance” changes while urging community participation. In a seven-part Twitter thread, the Foundation announced it will vote “Yes” in the imminent
November 22, 2023 2 mins read
Ripple chief technology officer David Schwartz sparked intrigue this week with a tweet declaring his love for the Ripple team. The post mimicked language used by ousted OpenAI CEO Sam Altman amid leadership turmoil at the artificial intelligence startup. Following Altman’s controversial removal, he tweeted, “I love the OpenAI team
November 20, 2023 1 min read
Tether, the company behind the popular stablecoin USDT, announced it will launch a euro-pegged cryptocurrency on Bitunix, a new Europe-focused digital asset exchange. In a recent tweet, Tether stated it would soon release Euro Tether (EUR₮) on Bitunix. This represents Tether’s latest expansion into fiat-pegged stablecoins beyond its flagship USDT
November 20, 2023 2 mins read
Stablecoin firm Tether froze over $225 million worth of its USDT token following a U.S. investigation into an international human trafficking operation. The freeze represents the largest ever for a stablecoin and resulted from Tether’s collaboration with law enforcement. The U.S. Department of Justice (DOJ) had been investigating the Southeast
November 20, 2023 1 min read
The XRP Ledger, the blockchain behind the XRP cryptocurrency, has reached a new milestone by closing its 84 millionth ledger transaction. According to data from analytics platform XRPScan, the XRP Ledger’s current ledger count stands at over 84 million. This comes just six weeks after the ledger closed its 83
November 19, 2023 1 min read
The cryptocurrency ecosystem around the popular meme token Shiba Inu (SHIB) has seen an uptick in the rate of tokens being burned or permanently removed from circulation. However, this increase has not corresponded with any major price movement for the SHIB token itself within the past day. Burning tokens is
November 19, 2023 2 mins read
The metaverse and Web3 are two of the most talked-about technologies today, with many believing they will shape the future of the internet. But what exactly are they, and how can people access and get involved with them? This article aims to provide a neutral, well-researched overview. What is the
November 18, 2023 3 mins read