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Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...
Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17
17.7.2023
Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020
Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed
17.7.2023
According to its creator, a new protocol allowing the creation and sharing of digital objects on Ethereum has experienced a significant setback due to a major hack in its main marketplace.
Ethscriptions, a novel method to create Ethereum assets launched last month by Tom Lehman, co-founder...
Major Crypto Exchange Introduces Zero Trading Fees for XRP, DOGE, ADA, The Demand for DigiToads Presale Explodes
17.7.2023
Bittrex Global, one of the major crypto exchanges, recently introduced zero-fee trading for DOGE, ADA, and XRP. New crypto projects are constantly emerging, looking to grab the financial attention of crypto enthusiasts. One such project that has been making waves recently is DigiToads (TOADS),...
Ripple case: SEC appeal unlikely as it gains from 'current confusion' — Haun Ventures CEO
17.7.2023
An immediate appeal could only jeopardize the SEC’s “entire enforcement agenda,” said Katie Haun of Haun Ventures
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
Major Nelson Is Leaving Xbox After Two Decades
14.7.2023
Xbox’s Director of Programming and long-time public figure in the company’s history, Larry ‘Major Nelson’ Hryb has announced he’s leaving Microsoft after 22 years at the company.Read more
XRP Trading Volume Surges 1,351% as Major Crypto Exchanges Embrace the Token
14.7.2023
The spike in trading activity came after a partial win in a lawsuit against the SEC
Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report
14.7.2023
Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which also tracks its geographical distribution. Spot...
This rapidly growing Shiba Inu competitor draws the attention of major crypto investors
13.7.2023
In the competitive landscape of meme coins, DigiToads (TOADS) has emerged as a formidable contender, capturing the attention of investors and even competing with established projects like Shiba Inu. In this article, we explore the factors that contribute to DigiToads rise and success, have a look...
BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
13.7.2023
The upgrade will push security measures immediately on the occasion of a blockchain exploit to safeguard user assets
IMF Highlights Climate Change and DAOs as Major Threats to the Marshall Islands
12.7.2023
The International Monetary Fund (IMF) has identified climate change and decentralized autonomous organizations (DAOs) as potential threats to the Republic of Marshall Islands. Therefore, the IMF urges reforms in light of these challenges.
On July 9, the IMF published its disclosure titled...
India Poised to Leapfrog Major Economies, Becoming World’s Second-Largest by 2075, Goldman Sachs Report Predicts
11.7.2023
In a recent report, Goldman Sachs Research details that India is set to outpace Japan, Germany, and the U.S. to become the world’s second-largest economy by 2075. The financial institution’s researchers predict a dramatic expansion in India’s gross domestic product. Economic...
SEC States Coinbase Misinteprets Howey Test, Misuses Major Questions Doctrine
10.7.2023
The U.S. Securities and Exchange Commission (SEC) answered the latest filing of Coinbase by shooting down the arguments presented by the exchange to throw out the ongoing lawsuit. The filing reaffirms the institution’s jurisdiction on securities laws, explaining that Coinbase misinterprets...
CZ Says News of Exec Departures at Binance Is FUD
9.7.2023
Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading...
Coinbase CLO Paul Grewal: SEC’s Interpretation of ‘Investment Contract’ Violates Law
6.7.2023
Paul Grewal, CLO of Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has accused the U.S. Securities and Exchange Commission (SEC) of violating the law by assessing what constitutes an investment contract. Grewal’s reasoning comes from the Supreme Court of the United...
Bitcoin Leaves Major Assets in the Dust: Surges 80% in the First Half of 2023, Soars to 12th Largest Global Asset
5.7.2023
In the first half of 2023, eye-opening statistics reveal that bitcoin (BTC), the leading cryptocurrency, demonstrated remarkable performance by surpassing various significant assets such as the Nasdaq Index, Nikkei 225 Index, Dow Jones, S&P 500, Russell 2000, spot gold, the U.S. Dollar Index...
The High Rate Environment — Bank of America Faces Paper Losses Exceeding $100 Billion
4.7.2023
Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit Insurance Corporation (FDIC) reporting that...
CoinShares Report: Bitcoin Receives Major Investor Attention Amidst New Highs for 2023
4.7.2023
Bitcoin (BTC) remains the top target for institutional investors in the past two weeks as the market continues its uphill form this year.
A new report from CoinShares shows Bitcoin’s investment products have attracted $310 million in inflows over 14 days amid skepticism over the approval of...
Binance Reportedly Denied Crypto License in Germany
1.7.2023
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....