The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has garnered significant attention within the cryptocurrency community. While some analysts have expressed skepticism about XRP’s future prospects, there are several macro and micro factors that could potentially influence the price of the token. Significance of Judge Analisa Torres’ Ruling Judge
The World Federation of Exchanges (WFE) has recently shared its recommendations for the digital asset sectors amidst increasing user adoption and regulatory concerns. The exchange body emphasized the need for regulators to address the fears of users and adopt standards that benefit all stakeholders in the industry. This article examines the recommendations put forth by
In a recent development, an individual in China was fined 1.06 million yuan ($144,907) for using a virtual private network (VPN) to access restricted websites. This incident has raised concerns among China’s IT and Web3 circles, as VPNs are often relied upon for remote-work tasks. This article will explore the details of the case and
Crypto exchange Coinbase has achieved a significant milestone with their international exchange receiving regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures to non-U.S. retail customers. This article explores the implications of this approval and the potential benefits it brings to Coinbase and its users. Users of the Coinbase platform can now
Pepe Coin (PEPE), the breakout memecoin of 2023, has recently experienced a resurgence in market interest. After a decline in popularity, PEPE has managed to climb back to the top 30 cryptocurrencies by trading volume, with a 24-hour increase of 91%. This article delves into the reasons behind PEPE’s recent bounce back and explores its
BitMEX, a popular crypto derivatives trading platform, announced plans to reallocate funds worth up to $100 million from its insurance fund. The reallocation would involve assets such as Tether (USDT) and Ethereum (ETH), which will be converted into U.S. Dollars and held in the custody accounts of the platform’s banking partners. This article will analyze
Payments and cryptocurrency exchange Crypto.com has taken a significant step towards broader crypto adoption by integrating PayPal USD (PYUSD) as a “preferred” exchange for the stablecoin. The partnership between Crypto.com, payments giant PayPal, and blockchain infrastructure company Paxos aims to drive the global adoption of cryptocurrencies. The CEO of Crypto.com, Kris Marszalek, expressed his enthusiasm
Hong Kong-based cryptocurrency exchange Hashkey has recently announced its support for the trading of Avalanche (AVAX) tokens on its platform. This move is expected to bring increased opportunities to the crypto market. However, there are certain requirements that traders must meet in order to interact with this specific cryptocurrency on the exchange. One interesting requirement
In a surprising move, Binance, one of the world’s largest cryptocurrency exchanges, has sold its entire Russia business to CommEX, a newly launched crypto platform. The financial details of the deal remain undisclosed, raising questions about the reasoning behind this decision. Binance announced that it will gradually redirect new user registrations from Russia to CommEX
The multichain project Moonbeam (GLMR) has been making waves in the crypto markets, experiencing a substantial pump of 17%. This surge comes as the project gears up for its upcoming incentive program, which is expected to drive activity on the Polkadot network to new heights. Moonbeam’s ERC-20-compatible smart contract parachain has witnessed impressive growth recently,