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
CoinGecko, a leading crypto tracking platform, has acquired Zash, a NFT data infrastructure platform, in order to expand its data offering. Moreover, CoinGecko stated that it will include Zash’s NFT data into its API by the second quarter of 2024; however, financial details of the arrangement were not shared. CoinGecko
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
A suspected exit fraud has investors of the Yearn.Finance governance token YFI on edge. There was a decline of nearly $300 million in market capitalization, according to statistics from CoinMarketCap, as the price of YFI plummeted dramatically. The YFI token dropped from $15,570 to $8,654 within a short duration. The
In his last remarks at the recently ended Ripple Swell Conference in Dubai, Ripple Labs Inc. CEO Brad Garlinghouse hinted at what he sees as the next step for the cryptocurrency sector. According to Garlinghouse, the regulatory pattern chosen over the crypto business in the U.S SEC needs to alter.
By increasing the Tobin tax to 100%, the Terra Luna Classic community has voted to halt USTC minting. Several repeg USTC initiatives have been launched by the community and developers, all of which should help bring the Terra Luna Classic chain and LUNC token back on track. The previous 48
Michael Saylor, co-founder of MicroStrategy, predicts that BTC demand might increase by a factor of 10 by the end of 2024, thanks in large part to the next Bitcoin halving. On November 10th, Saylor spoke at the 2023 Australia Crypto Convention, where he was asked to forecast the future of
In the past 24 hours, the broader cryptocurrency market has displayed a significant comeback, surging by an additional 2%. The total market capitalization has now surpassed the $1.4 trillion mark, indicating that the crypto sector continues to exhibit substantial strength. This bullish trend persists despite recent statements from Federal Reserve
SEBA Bank AG, a cryptocurrency bank located in Switzerland, said that its Hong Kong branch, SEBA Hong Kong, has been granted a digital asset license by the Hong Kong Securities and Futures Commission (SFC). With this license, the SEBA Group has taken the first step towards realizing its strategic goals
Partnership will enhance speed and efficiency of payments between the Middle East, the UK, Australia and Africa LONDON & JOHANNESBURG & DUBAI, United Arab Emirates–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, and leading payments fintech Onafriq, previously MFS Africa, announced today that they are partnering to facilitate
