ARCHIVED NEWS
Ripple Explains Why Enterprises Seek Its Solutions Amid Economic Uncertainty
2023-09-27 23:04:00
Global businesses are confronting significant headwinds as cross-border payment volumes have rebounded to pre-pandemic levels while grappling with the looming challenges of escalating interest rates. Amidst these complexities, Ripple Labs’ latest insights into the shifting economic landscape reveal their crypto-enabled payment solutions as a countermeasure. Major Pain Points In The Economic Landscape In their recent […]
Trouble For Bitcoin Miners? Hashprice Falls To All-Time Lows
2023-09-27 22:22:00
Data shows the Bitcoin miner “hashprice” has fallen towards all-time lows, a sign that these chain validators could be coming under pressure. Bitcoin Miners Are On The Brink Of Becoming Unprofitable In its latest weekly report, the on-chain analytics firm Glassnode has looked into some miner-related metrics to see how they are doing in terms […]
Chainlink Major Momentum Change Poised To Skyrocket Prices
2023-09-27 21:58:00
Chainlink has traded over 500 days in a tight range between $5 and $9. While it might feel as though there is no end in sight to the sideways price action in LINK, a high time frame momentum change could finally send prices out of this range ands soaring higher. Here’s why. Chainlink On The […]
XRP, DOGE, And SHIB Make Their Way Into TradFi With New HSBC Partnership
2023-09-27 20:41:00
XRP, DOGE, and SHIB have been some of the cryptocurrencies that have been undeterred by the persistent crypto winter as they have continued to appear in partnerships that promote mainstream adoption. This time around, all of these cryptocurrencies are making their way into the traditional finance market with a new partnership. Pay Your Mortgage And […]
YieldFlow: Secure, Anonymous, and Decentralized Crypto Portfolio Growth at Your Fingertips
2023-09-27 20:22:01
YieldFlow is a platform worth considering if you’re looking for a way to make money off of your idle cryptocurrency assets in a user-friendly, decentralized ecosystem. We shall examine the variety of instruments that this platform offers that are of interest in the ensuing in-depth evaluation of YieldFlow. In addition, we will evaluate the platform’s […]
Ripple Appoints White House Veteran For Policy Leadership Role
2023-09-27 19:42:30
Ripple Labs, a prominent blockchain technology firm, has recently appointed Lauren Belive, a former US White House staff member, as Head of US Public Policy and Government. This appointment comes at a crucial juncture as Ripple executives have publicly voiced their concerns and criticisms regarding the US government’s recent position on cryptocurrencies. In response, Ripple […]
Why Is Robert Kiyosaki Saying ‘BYE BYE’ To Bitcoin?
2023-09-27 19:31:10
Renowned author Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” has sparked a debate within the cryptocurrency and financial communities with his recent musings on the future of Bitcoin (BTC) and the US dollar. Kiyosaki’s contemplation arose in response to an announcement by Citibank regarding their foray into blockchain technology. Citibank, a […]
A Look Into Sam Bankman Fried’s $40 Million Penthouse, What Did This Journalist Discovered?
2023-09-27 18:32:30
The founder of failed crypto exchange FTX, Sam Bankman Fried (SBF), has become controversial in the crypto space. In a recent report by Rolling Stone, reporter Tracy Wang looked at his $40 million penthouse in his former home in the Bahamas. Related Reading: Why Amazon Will Invest $4 Billion In This FTX-Backed AI Startup Sam […]
Mixin Network Offers Hacker $20 Million Bug Bounty To Return Stolen Assets
2023-09-27 18:28:00
Cross-chain protocol Mixin Network has offered the hacker behind the $200 million exploit a $20 million bug bounty reward to return the stolen assets. Mixin Woos Hacker With $20 Million Bug Bounty According to blockchain security firm Peckshield, the bug bounty offer was communicated as an on-chain message, with Mixin urging the bad actor to […]
Ethereum Foundation Insider Calls Lido A ‘System Threat’, Here’s Why
2023-09-27 16:01:45
Recent comments by Danny Ryan, often referred to as the beacon chain’s mastermind, have sent ripples through the Ethereum community. In a candid interview, Ryan called out Lido and similar protocols, claiming they pose a systemic threat to Ethereum’s foundational values and its core consensus mechanisms. The crux of Ryan’s concern revolves around Lido’s growth. […]
SEC’s Gensler Will Testify In Front Of House Committee Today, Here’s What To Expect
2023-09-27 15:02:30
The SEC chairman Gary Gensler is set to testify in front of the US House of Representatives Committee on Financial Services on September 27, and his answers could give us a glimpse into how the SEC may treat the crypto industry under his leadership. Here are some of the things to expect from the testimony. […]
Crypto Payments Not A Preferred Choice, According To This Survey
2023-09-27 14:07:30
Crypto compensation in the digital asset industry is undergoing a major transformation, as revealed by a comprehensive survey conducted by crypto fund Pantera Capital. The report paints a picture of a predominantly remote workforce, with a staggering 87% of digital asset professionals opting for remote roles. However, what stands out is that a mere 3% […]
Court Draws Out Boundaries For FTX’s Sam Bankman-Fried Ahead Of Trial
2023-09-27 13:58:10
Ahead of Sam Bankman-Fried’s (SBF) trial, which begins next week, Judge Lewis Kaplan, the Judge in charge of the case, has laid out certain orders in response to the Prosecution and Defendant’s in limine motions. Illegal Campaign Scheme Integral In Sam Bankman-Fried Trial As part of its in limine motion, the prosecution requested that the […]
Bitcoin Spot ETF: Bloomberg Analyst Reevaluates Odds After Ark’s Delay
2023-09-27 11:23:45
In a surprise move, the US Securities and Exchange Commission (SEC) announced an early delay of ARK Invest’s and 21Shares Bitcoin spot ETF application on Tuesday, September 26, which was originally scheduled to be decided by November 11. At the same time, the regulator postponed GlobalX ETF’s application, which was to be decided on October […]
Binance Belgium Resumes Operations Three Months After Regulatory Ban
2023-09-27 10:27:30
Binance Belgium, the Belgian wing of the world’s largest crypto exchange, has reopened its operations three months following a ban from the nation’s financial market regulator. On June 23, Belgium’s Financial Services and Markets Authority (FSMA) directed the exchange to cease offering services to the Belgian market because it operates from nations outside the European […]
US Targets Crypto Wallet In Crackdown On Mexican Cartel’s Fentanyl Trade
2023-09-27 09:57:15
The Office of Foreign Assets Control of the United States government blacklisted a Mexican drug dealer for utilizing crypto to import the strong and deadly synthetic opioid narcotic fentanyl into the country. On Sept. 26, the US Treasury made an announcement stating that it has imposed sanctions on 10 individuals, several of whom had affiliations with the notorious Sinaloa […]
Developer: Ethereum Is Not Slow Because Of Geth Client
2023-09-27 04:22:00
Péter Szilágyi, a software engineer, contends that the widespread adoption of Geth, an Ethereum client he helped develop, is not why the dominant smart contract platform is “slow.” Szilágyi responded to a thread on social media platform X discussing Solana’s high throughput, stating, “Geth does not control all factors affecting processing speed.” Geth Is The Most […]
This Analyst Thinks Solana Is Paying Exorbitantly For Higher Bandwidth
2023-09-27 03:11:00
David Hoffman, a crypto analyst and Ethereum influencer, has picked out a concerning disconnect in Solana relating to the number of SOL issued and the fees the network captures. Taking to X, the social media platform, Hoffman said Solana distributes roughly $1.8 million worth of SOL daily while only capturing a fraction in fees at approximately $40,000. […]
Binance And CEO ‘CZ’ On The Brink Of Criminal Charges In DOJ Investigation?
2023-09-27 02:38:00
Binance, one of the largest cryptocurrency exchanges, faces mounting challenges as it navigates a complex legal landscape with the US Department of Justice (DOJ). According to a report by The Wall Street Journal, Binance’s empire is “under threat,” leading to significant consequences for the crypto industry as a whole. Related Reading: Taiwan Rolls Out 10-Point […]
Resurrecting The Dead: Can This Terra Classic Proposal Send USTC To $1?
2023-09-27 01:16:00
It’s been more than a year since the historic Terra LUNA crash saw USTC de-peg but the community has still not given up on the cryptocurrency. The latest development comes in the form of a proposal that wants to stop the minting of new USTC, which could end up being a positive for the price. […]
Chase Bank Bans Crypto Payments Amid Soaring Fraud Risks From October 16
2023-09-27 00:02:00
JPMorgan’s British retail bank, Chase Bank, has recently revealed plans to ban cryptocurrency-related payments for its British customers starting from October 16, according to a report by Reuters. The decision comes as the banking giant seeks to address the “mounting concerns” surrounding fraud and scams associated with cryptocurrencies. Chase Bank Shuts Door On Crypto Transactions […]
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