Ripple Lab’s XRP token holdings have dropped below 50% of the total circulating supply for the first time in the company’s history. Ripple has faced criticism in the past by some that have raised questions over the firm’s significantly large ownership of XRP tokens, arguing that it gives the company […]

Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its flow-on effects as an example of how contagion risks within crypto markets are similar to those experienced by the traditional financial (TradFi) system during the global financial crisis (GFC) of 2008.  […]

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin remains above $20k, as U.S. GDP for Q3 is recorded as 2.6%, beating the expected 2.4% and coming in significantly higher than the previous decline of 0.6%. So far, the market has responded positively to this news, potentially due to […]

The worlds of luxury travel and crypto are beginning to fuse even deeper into one another as several hotels out there have announced plans to accept digital currency payments for stays and other services. Hotels Seem to Like Crypto a Lot More The move is pushing the goals of bitcoin and […]

Wirex, a leading crypto payments platform, has announced the list of women on their 2022 Rising Women in Crypto Power List. In partnership with The Cryptonomist, over the past month, they’ve collected over 200 nominations of women from across the industry doing incredible things. The Women in Crypto campaign was created in […]

Social media giant Reddit has been making waves in Web3 thanks to the recent spike of interest in its NFT-based Collectible Avatars. Through seamless onboarding and vibrant artwork, Reddit Avatars have won the hearts of many, including non-NFT enthusiasts. With that, some are beginning to speculate that the forum-based website […]

Arthur Hayes, the former CEO of crypto derivatives giant BitMEX, believes the next crypto bull run will start when China moves back into the market, and Hong Kong has a vital part to play in this process.  In his Oct. 26 blog post titled “Comeback”, Hayes outlined why he thinks […]

South Korean prosecutors are seeking an eight years sentence for the founder of Bithumb, Lee Jung-hoon, on charges that he defrauded the chairman of cosmetic surgery company BK Group, Kim Byung Gun, of 100 billion won (around $70 million).  Yonhap News Agency, a local news outlet, reports that prosecutors are […]

Prometheum Ember ATS announced the launch of its alternative trading system (ATS) on Oct. 26. The new ATS is registered by the United States Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority. Prometheum Ember ATS will offer digital asset securities trading, clearing, settlement […]

In this week’s newsletter, read about how Apple released its first-ever set of rules for nonfungible tokens (NFTs), including a 30% “tax” and limits on how NFTs can be bought and exchanged. Check out how NFTs have the potential to change museum experiences in the future and how OpenSea revised […]