Nynu V Jamal
Animoca Brands Joins ZetaChain, Backs NFTs Over Meme Coin Hype
Animoca Brands chairman Yat Siu believes NFTs have staying power, even during the current meme coin craze. Siu shared his insights at the Foresight 2024 event, highlighting the unique value...
El Salvador Secures $1.6B for Bitcoin City Port Transformation
El Salvador has secured a historic $1.6 billion investment from Turkish company Yilport Holdings to transform a key port into the future home of its ambitious Bitcoin City project. This...
Coinbase CLO Pleads for Court Relief in SEC Document Standoff
American-crypto exchange Coinbase is pushing back against the Securities and Exchange Commission (SEC) in their ongoing legal dispute. The company is seeking crucial documents from the SEC through a discovery...
Internet Crackdown in Venezuela: Binance, X, & More Blocked
Amidst uncertainties following the Venezuelan Presidential election, Binance, the world’s largest crypto exchange, is facing access restrictions. While the Venezuelan government’s Internet Service Provider (ISP), CANTV, has reportedly blocked public...
Coinbase Pushes Back on CFTC’s Prediction Market Ban
Coinbase, a major cryptocurrency exchange in the United States, has responded to the Commodity Futures Trading Commission’s (CFTC) Notice of Proposed Rulemaking issued in May 2024. The company has called...
Ripple Seeks RLUSD’s Regulatory Approval While Many Unregulated Stablecoins Exist
Bill Morgan, a prominent XRP advocate, has recently drawn attention to Ripple’s efforts to obtain regulatory approval for its stablecoin RLUSD, while many well-known stablecoins exist without the approval. Ripple...
Gemini Questions CFTC’s Regulatory Authority To Ban Crypto Prediction Markets
Gemini, a prominent American-based crypto exchange, has recently criticized the Commodity Futures Trading Commission’s (CFTC) Notice of Proposed Rulemaking, urging them to withdraw it. While the proposal intends to ban...
Celsius Files a Lawsuit Against Tether; Tether Fights Back: Report
In a recent development, the defunct crypto exchange Celsius filed a lawsuit against the blockchain platform Tether, alleging misappropriation of assets. In response, Tether has decided to fight against what...
Santa Monica Goes Big on Bitcoin with New City Office
Santa Monica city council unanimously approved the launch of an official “Bitcoin Office.” The aim is to build upon the city’s interest in exploring Bitcoin’s potential, both as an investment...
Ripple Bets on Stablecoins: RLUSD Testing Kicks Off on XRPL & Ethereum
Ripple has initiated beta testing of its US Dollar-backed stablecoin, Ripple USD (RLUSD), on both the XRP Ledger (XRPL) and Ethereum mainnets. In an official X post on August 9,...
Ripple’s Partial SEC Win: ODL’s Future in Spotlight
Ripple scored a partial win in its legal battle with the SEC, with a judge ordering a $120 million penalty instead of the $2 billion sought by the regulator. The...
‘We Will Miss You Tremendously,’ Says Altman on Schulman’s Departure
John Schulman, the co-founder of the artificial intelligence (AI) startup OpenAI, has announced his departure from the company after almost nine years of service. His resignation follows his decision to...
Binance CEO’s Words Solace Community: Cryptocurrencies Surge
An unforeseen economic slump has shaken the crypto space, with cryptocurrencies witnessing multi-month lows. Amidst fear and uncertainty, Binance CEO Richard Teng has solaced the community by asserting that the...
Telegram’s Hamster Kombat: The Rise of Tap-to-Earn Era and Fall of Play-to-Earn
Imagine a crypto game that is so addictive, it has attracted millions of players faster than you can say ‘blockchain.’ Meet Hamster Kombat, a Telegram-based gaming platform reaching cult status...
TRON’s Justin Sun: $110M USDT Move Explained
Reports spotted Justin Sun moving about 110 million USDT to the cryptocurrency exchange HTX, potentially to purchase Ether (ETH) at its current bearish price. As of press time, ETH was...
Crypto Crash: Ethereum Plunges as US, Japan Stocks Slide
Crypto reporter Colin Wu highlighted Binance’s insights on the unexpected ETH price drop, which saw Ether (ETH) plummet as low as $2,111. As of press time, ETH is trading at...
Amber Group and HashKey Capital Question ZKX’s Abrupt Closure
Amber Group addresses itself as the investor of ZKX, holding nearly 3 million ZKX tokens. ZKX recently closed its platform, citing minimal user engagement and revenue decline. HashKey Capital and...
Ripple Introduces Webpage for RLUSD: Stablecoin Launch Date Yet Unrevealed
Ripple released an exclusive webpage for its stablecoin RLUSD, which has not yet been launched. The webpage release showcases Ripple’s efforts to establish RLUSD’s roots in the stablecoin market. Despite...
Morgan Stanley Bets on Bitcoin with ETF Offering for Clients
Morgan Stanley, a leading investment bank, has taken a significant step in acknowledging the growing demand for spot Bitcoin exchange-traded funds (ETFs). According to a CNBC report on August 2,...
Ripple Q2 Report Out: XRP Dips, Adoption Up
Following the much-anticipated launch of the first U.S. spot Ether ETFs in July, Ripple announced increased institutional adoption in Q2 of 2024. Ripple’s Q2 report shed light on the platform’s...
South Korea Crypto Tax: New ‘Quasi-Tax’ Imposed on Exchanges
The Financial Services Commission (FSC) of South Korea has announced an updated regulatory framework following the implementation of the groundbreaking Virtual Asset User Protection Act. The official announcement on August...
Brazil’s Fenasbac Chooses Ripple’s XRP Ledger for Fintech Innovation
Ripple, a leader in enterprise blockchain and crypto solutions, has partnered with Brazil’s National Federation of Associations of Central Bank Servers (Fenasbac) to drive fintech innovation in the country. The...
SEC Amends Binance Lawsuit, Excluding Solana from Security Classification
The SEC has amended its lawsuit against Binance, removing Solana from the list of cryptocurrencies it alleged were securities. This move follows a recent court ruling that determined secondary sales...
Terra Luna Classic Transitions To V3.1.3; Bybit Supports the Upgrade
Terra Luna Classic has successfully completed its upgrade to v3.1.3, which revises the burn tax distribution as a means to enhance staking rewards. The upgrade, implemented on July 29 at...
