Following the conviction of Sam-Bankman-Fried, two cryptocurrency giants, Binance and Tether, are now under close scrutiny by the U.S. Department of Justice (DOJ). They are accused of having links to supporting terrorism, particularly Hamas, a designated terrorist group. The allegations against Binance and Tether are serious and far-reaching. The days […]

Pro-XRP lawyer John Deaton recently reiterated his belief that Ripple is committed to the cryptocurrency and will not abandon it. Deaton pointed out the mathematical evidence supporting Ripple’s commitment by tracing the company’s valuation history. Deaton highlighted Ripple’s financial journey. In 2015, during its Series A funding round, Ripple was […]

The Dubai International Financial Centre (DIFC), a premier financial hub in the Middle East, has expanded its virtual assets framework to include XRP. This move positions the DIFC as a forward-thinking entity in the global financial landscape, particularly in the blockchain and crypto space. According to a press release issued […]

PayPal’s new PYUSD stablecoin is under investigation by the SEC. Regulators are increasingly focused on stablecoins, particularly after the troubles at FTX. The slow growth of PYUSD may dampen the SEC’s investigation. PayPal, a major player in online payments, is now in the spotlight as the U.S. Securities and Exchange […]

Ripple chief legal officer Stuart Alderoty has expressed reservations about the recent string of legal defeats suffered by the United States Securities and Exchange Commission during Gary Gensler’s tenure. These remarks follow another setback for the SEC in the Fifth Circuit Court after Ripple’s victory in the XRP lawsuit in […]

The U.S. Securities and Exchange Commission (SEC) is facing a tough time. It all began when a court’s decision about XRP in July 2023 left things hanging in the balance. And then, the Grayscale win added more to the SEC’s woes.  A judge even said the SEC’s denial of Grayscale’s […]

A wallet address turned nearly 1.9 million FTM worth $280,000 to $1.9 million within hours of exploiting the long-frozen Multichain Bridge opening momentarily, leading to insider job speculations among the crypto community. The Multichain Bridge, frozen since its exploit in July 2023, opened momentarily and closed again on Nov. 1. […]

Elon Musk, Tesla’s CEO, recently took the stage on The Joe Rogan Experience, casting a critical eye on the world of non-fungible tokens (NFTs) and inadvertently shedding light on the unique advantages of Bitcoin Ordinals.  During the podcast, Musk didn’t hold back, pointing out a critical flaw in the current […]

Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom.  Information From Official Data According to official FCA data, PayPal has been registered to offer “certain crypto asset activities” in the U.K. since Oct. 31, 2023. According to the […]

Ripple has unveiled a groundbreaking partnership with the leading Web3 financial platform, Uphold, in a strategic move aimed at bolstering its cross-border payment infrastructure. Notably, the partnership promises to unlock new possibilities in the cross-border payments landscape, enabling businesses to access efficient crypto-to-fiat transfers and bank payouts, all while building […]