Tue, November 19

Search Results for: litecoin

Ripple’s Liquidity Hub Excludes XRP Owing to Its SEC Lawsuit?

Ripple has announced the official launch of Liquidity Hub, a new business service. According to the company’s official statement, it plans on getting onboard the first generation of users after a protracted stress-testing exercise.  The first iterations of the liquidity hub will support the digital currencies Bitcoin (BTC), Ethereum (ETH),

April 15, 2023 1 min read

U.S CFTC Yet Again Claims Crypto as Commodities in Recent Lawsuit

Former Deutsche Bank investment banker Rashawn Russell is the subject of a civil enforcement action brought by the U.S Commodities Futures Trading Commission (CFTC) in the United States District Court for the Eastern District of New York. Furthermore, Russell is accused of defrauding investors out of at least $1 million.

April 12, 2023 1 min read

Ripple CTO Mocks SEC and CFTC Regulation Updates

David Schwartz, Ripple CTO’s mockery about the US government institutions has gained various stakeholders’ attention. Commodity Futures Trading Commission’s (CFTC) recent activity of suing Binance and its CEO, CZ is really affecting the crypto market.  Additionally, CFTC proposed Bitcoin, Ethereum, and Litecoin to be commodities. Whereas, U.S. Securities and Exchange

March 29, 2023 2 mins read

THORChain Temporarily Halts Network Operations Amid Possible Breach

In light of recent concerns about a possible network vulnerability, THORChain has temporarily suspended network operations. Following concerns of a possible vulnerability with a THORChain dependency that may harm the network, THORChain went to Twitter on March 28 to say it has paused all trade. THORChain stated the move was

March 28, 2023 1 min read

Fashion House Gucci Enters Into Multi-year Collaboration With Yuga Labs

A multi-year relationship between Gucci and Yuga Labs, the firm behind well-known NFT lines including Meebits, Bored Ape Yacht Club (BAYC), and CryptoPunks, was recently revealed. A press announcement states that the connection between fashion and entertainment in the Metaverse will be the primary focus. The new initiative further establishes

March 28, 2023 2 mins read

CFTC Labels Bitcoin and Ethereum as Commodities in Binance Lawsuit

U.S. officials have accused Binance, the biggest cryptocurrency exchange in the world, of breaking the law in an attempt to step up their crackdown on the cryptocurrency industry. The cryptocurrency sector has been quick to focus on the CFTC’s designation of cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities. One

March 28, 2023 1 min read

Winz.io Earns Multiple Nominations for Prestigious Gambling Awards

Winz.io, a leading online casino renowned for its exceptional gaming experiences worldwide, has recently been nominated for multiple gambling awards, cementing its status as a prominent player in the online gambling industry. Nominated for its exceptional performance in the past year, Winz.io’s recognition across multiple categories serves as a testament

March 24, 2023 3 mins read

Anchorage Digital Fires 20% Staff Announcing Strategic Layoff

Due to the drastic previous year and collapse of multiple behemoths including FTX, Anchorage Digital is the latest cryptocurrency company to announce strategic layoffs. The firm has had to lay off around 75 employees, or 20% of the total workforce. A corporate spokesperson informed that the layoffs are unconnected to

March 15, 2023 1 min read

Here’s Why Coinbase’s Layer 2 Blockchain Launch Powers Optimism ($OP) Token!

Coinbase’s recently launched its Layer 2 blockchain technology. However, the launch has met with excitement and optimism, particularly for the $OP token. The technology is a major step forward for the digital payments industry, allowing for more efficient transactions and faster transfer speeds.  Coinbase’s Layer 2 blockchain supports multiple blockchains,

February 24, 2023 2 mins read