Darewise Entertainment, a subsidiary of Animoca Brands, has partnered with Horizen Labs to launch the first-ever metaverse ecosystem token on the Bitcoin blockchain. This partnership aims to usher in a new era of possibilities for gaming, brands, and real-life experiences within the Bitcoin ecosystem. Bitcoin’s First Metaverse Ecosystem Token Darewise Entertainment, known for its visionary...Read More
Binance CEO Changpeng Zhao (CZ) published a tweet re-encouraging followers to “ignore FUD” – this time surrounding rotating management at his exchange’s U.S. subsidiary, Binance.US. The statement follows three executive departures from the exchange this week, mimicking earlier, similar behavior from top brass at the international exchange. In his tweet, CZ noted speculation regarding recent...Read More
German financial giant Deutsche Bank announced signing a global partnership agreement with Swiss startup Taurus to establish digital asset custody and tokenization services for its clients. According to the official announcement, Deutsche Bank, boasting a total assets exceeding $1.4 trillion, plans to tap Taurus’ custody and tokenization technology to manage cryptocurrencies, tokenized assets, and digital...Read More
Citi Securities Services recently hit a groundbreaking milestone by becoming the first digital custodian participant of the BondbloX Bond Exchange network. The partnership, announced via a press statement on Sept. 14, will enable Citi to make bond trading more accessible to a larger part of the investor community. Citi’s Love Affair with Bondblox Launched in...Read More
The case between Ripple and the United States Securities and Exchange Commission has surely done a lot of damage to the company and its cryptocurrency – XRP. In fact, a lawyer who represents tens of thousands of XRP holders recently took it to X to outline the damage that the lawsuit has caused the company....Read More
Delio, a South Korea-based Bitcoin lender, is reportedly planning to launch an administrative lawsuit against local financial regulators, citing poor and incorrect interpretation of the law. This new lawsuit comes after an investigation and fine imposed on the Bitcoin lending firm by the South Korean watchdog. Delio to Sue South Korean Watchdogs Earlier this month,...Read More
According to a Sept. 14 report from on-chain analytics provider Chainalysis, the total amount of cryptocurrency stolen is estimated at $3.54 billion. North Korea “continues to be an incubator for hacking activities and remains one of the largest active threats in the cybercrime landscape,” it stated. Moreover, the Democratic People’s Republic of Korea (DPRK)-linked hacking...Read More
While the cryptocurrency market experienced a welcome upswing this week, reaching a high of $26,500 for Bitcoin, PEPE’s price didn’t follow suit. It remained cold, unable to capture the bullish momentum, thereby keeping the price in a bearish zone. As the week draws to a close with PEPE still on a downward trend, holders of...Read More
Attorney John Deaton, known for his representation of XRP token holders involved in the legal battle against the US Securities Exchange Commission (SEC), has officially filed a formal notice of appearance as an Amicus Curiae in the LBRY lawsuit. This recent development follows LBRY’s filing of an appeal notice to the United States Court of...Read More
In a well-coordinated attack, Remitano Crypto Exchange allegedly suffered a major security breach, resulting in a loss of about $2.7 million across various cryptocurrencies. This attack was picked up on the radar on Sept. 14, when major withdrawals and suspicious activities began to ripple across the exchange, raising the eyebrows of several blockchain analytics networks....Read More
Despite securing a recent favorable ruling in its ongoing lawsuit with the SEC, Ripple’s native token, XRP, continues to face what appears to be a relentless series of attacks. According to Ashley PROSPER, XRP is the subject of a well-orchestrated assault. He has raised a series of indicators that suggest that not all is well...Read More
Ripple Labs, the fintech company behind the popular payments protocol, has expanded its liquidity hub to new regions as the platform continues to meet the crypto demands of customers. In a blog post, Ripple’s head of liquidity products, Brad Chase, revealed that the company has opened up the liquidity hub for customers in Brazil and...Read More
[PRESS RELEASE – Gurgaon, India, September 15th, 2023] Introducing the ‘Transcend Beyond’ Global Accelerator Alliance — a new initiative powered by ScalingX. This visionary initiative is poised to create a powerful nexus connecting the world of potential Web3 startups, regional incubators, and expansive global accelerator network. ScalingX firmly believe that while startup networking and community...Read More
Roni Cohen-Pavon, a former executive at the bankrupt cryptocurrency lender Celsius Network, pleaded guilty to criminal charges in the United States. Notably, Cohen-Pavon has also agreed to collaborate with investigators in their ongoing investigation. Cohen-Pavon Pleads Guilty During a hearing held on Wednesday before U.S. District Judge John Koeltl in Manhattan, Cohen-Pavon confessed to four...Read More
With about two weeks to go until the start of Sam Bankman-Fried’s trial, yet another trove of documents replete with everything from his early life to unverifiable attempts at exonerating himself has surfaced. Lots of Words, Little Substance Sticking to the tone of his lengthy – yet ultimately trite – substack posts and interactions with...Read More
Data from the Artemis Terminal reveals that Ethereum (ETH), the second-largest blockchain network by market capitalization, has surpassed Bitcoin (BTC) in terms of daily active addresses. According to the latest statistics, Ethereum boasts 1.03 million daily active addresses, while Bitcoin stands at 743,800. Santiment’s Insights into Ethereum’s On-Chain Activity According to a report by market...Read More
Ripple’s XRP has long been one of the tokens subjected to heavy speculation on behalf of both its own community and the broader cryptocurrency market. That’s perhaps to be expected. It’s one of the O.G. cryptocurrencies, and it’s been around for multiple years. More importantly, it’s been around as part of the top 10 largest...Read More
