History Latinoamérica’s (@HistoryLA) Twitter account was hacked. And used to spread a hoax concerning Ripple CEO Brad Garlinghouse and the cryptocurrency XRP. A picture of Garlinghouse and the word “VICTORY!!” were tweeted with a bogus link from the hijacked account. Authorities and individuals alike are becoming concerned about the prevalence
Bitcoin (BTC), also known as the queen of cryptocurrency and the leading cryptocurrency by market capitalization, has recently attracted the attention of investors in the crypto market. The reason for this recent buzz in the cryptocurrency market is that Bitcoin has managed to push its price up by over 6%
The Central Bank of Montenegro (CBCG) has agreed to work with cryptocurrency and blockchain solutions provider Ripple to create a plan and pilot project to introduce the nation’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Montenegrin Prime Minister Dritan Abazovic first
To increase throughput and decrease transaction costs for token swaps, Cross-chain automated marker maker Symbiosis has integrated the layer-2 scaling protocol zkSync. In March 2022, the DEX (decentralized exchange) went live. It offers single-sided stablecoin pools that allow liquid suppliers to incur zero impermanent loss. It also allows users to
Coinbase’s head of exchange, Vishal Gupta, is allegedly departing the company after more than two years. Coinbase is the largest cryptocurrency exchange in the United States. Bloomberg reported on April 10 that Gupta had decided to leave Coinbase but would continue in the cryptocurrency industry, leading some to speculate that
PODGORICA, Montenegro–(BUSINESS WIRE)–The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with
A new proposal has been submitted by the Arbitrum community, which asks the Arbitrum Foundation to transfer 700,000,000 ARB tokens back to the DAO Treasury. In March, the Arbitrum Foundation moved the money without consulting the community beforehand. The suggestion states that the foundation’s financial plan should continue only when
Decentralized Finance (DeFi) has been a hot topic in the financial industry over the past few years, and for a good reason. Significantly, the opportunities within the DeFi space are still massive, and the potential for disruption in traditional finance is undeniable. With the rise of blockchain technology, DeFi has
The biennial Digital Monetary Institute Symposium in London is one of the most prominent gatherings of central bank digital currency (CBDC) industry leaders. For the year 2023, Ripple is the first platinum partner. Ripple, a San Francisco-based digital firm that develops infrastructure for global payments, has become the first platinum
Authorities in Singapore are making a concerted effort to provide recommendations for banks on verifying cryptocurrency clients. Banks in the city-state have been collaborating with regulators over the last six months. In order to develop industry-wide guidelines for vetting cryptocurrency consumers. Singapore’s monetary authority, the Monetary Authority of Singapore (MAS),
