Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has expressed confidence in the SEC vs Ripple lawsuit being settled this year, noting that a final ruling might come before June 30. Speaking on the sidelines of the World Economic Forum in Devos, the Ripple executive revealed that he […]

California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.” In a Jan. 27 announcement, the firm stated that it is halting “the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order to preserve capital.” The company outlined […]

Grayscale Investments, a crypto asset management company, is preparing for a prolonged legal battle with the Securities and Exchange Commission over the creation of a spot bitcoin exchange-traded fund. The SEC rejected Grayscale’s application to convert its flagship Grayscale Bitcoin Trust (GBTC.PK) (GBTC) into an ETF in June, claiming that […]

On Thursday (26 January 2023), Jeremy Hogan, a partner at the American law firm Hogan & Hogan, who has been closely following and commenting on the U.S. SEC’s lawsuit against Ripple, explained how the XRP Ledger (XRPL) could work with central bank digital currencies (CBDCs). The XRP Ledger was created in 2012 by David […]

Andy Greenberg – a technology journalist – has a new book coming out called “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.” Andy Greenberg Has a New BTC Book Coming Out The book details the early 2021 incident in which the Colonial Pipeline was hacked […]

The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its clients without the proper qualifications. A Jan. 26 Reuters report citing “three sources with knowledge of the inquiry” said the SEC’s investigation has been going […]

At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong.  Fong, a follower of Celsius developments who shot to fame after several exclusive interviews with Sam Bankman-Fried following its collapse, […]

APT, the utility token of the Aptos network, has gained over 130% in the past seven days, tapping an all-time high.  PankcakeSwap’s community commitment to the network and its recent integration into Atomic wallet are linked to the token’s surge.  Fantom and Hedera also enter the weekly top gainers list […]

Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer Michael Kondoudis said while many people may think big corporations are just jumping onto the NFT trend as […]

Credit rating firm Moody’s is allegedly developing a scoring system for stablecoins, with analysis for up to 20 digital assets, Bloomberg reported on Jan. 26, citing unnamed sources.  The system, which appears to be in the early stages of development, will evaluate and rate the quality of the attestations of stablecoin […]