Crypto
Analysts at investment bank JMP Securities have said that an approval received by Coinbase to offer crypto futures trading can be taken as evidence of crypto’s resilience in the US.In a note to clients that was cited by The Block, the analysts said the approval “adds validation” to the domestic…
On August 17, Binance, the world’s largest cryptocurrency exchange, received notification from payment processor Checkout.com about the termination of their contract due to regulatory concerns. However, according to Forbes’ report, Binnace expressed disagreement with Checkout’s grounds for contract termination and mentioned potential legal action. Binance spokesperson Dewi Mustajab stated, ‘We’ve made significant…
Ripple’s (XRP) price has recently been trading at around $0.50, which is good news for those hoping for a price increase. However, its value has dropped significantly in the past months due to an ongoing legal issue with the SEC and Ripple Labs, the company behind XRP.Currently priced at $0.50, stability…
Bankrupt crypto lender Celsius is set to hold a vote on a plan to sell its asset to Fahrenheit Group following the approval by a judge as the proceeding winds down.Celsius will send its creditors ballots to vote on the proposal between Aug 24 and Sept 22 and if approved,…
Despite broader anxieties in the market, Toncoin (TON) is on the climb, after a +10% bounce off the 20DMA leaves price poised for technical rally.TON is the native token for ‘The Open Network’; an ecosystem for decentralised apps (dApps) and services built using scalable sharding blockchain technology.TON Price Analysis: Is…
Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club (BAYC), is set to halt support for OpenSea due to a change in the platform’s royalty model. In a Saturday tweet, Yuga Labs announced that it plans to wind down support for OpenSea following the upcoming removal of Operator Filter, an on-chain…
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________CBDC newsGlobal payments giant Mastercard is forming a central bank digital currency (CBDC) program with Ripple and blockchain development firm Consensys as initial partners. Mastercard is convening this group…
An exciting new crypto project called Chimpzee offers its users three innovative ways to ways to earn while they make a difference to the environment.Chimpzee is building a first-of-its-kind conservation-focused web3 platform that will feature a shop-to-earn and donate merchandise store, a high-yielding collection of NFTs and a play-to-earn game…
A new report from blockchain analytics firm TRM Labs noted that North Korean hackers have stolen more than $2 billion in cryptocurrencies in the past five years. It estimated around $200 million in crypto heists this year alone.According to TRM Labs insights, the stolen amount accounts for 30 hacks so…
FTX co-founder Sam Bankman-Fried is seeking temporary release from jail in order to work on his defense with his lawyers at the federal courthouse in Manhattan. On Friday, Bankman-Fried’s lawyers sent a letter to US District Judge Lewis Kaplan, stating that their client was unable to adequately review the extensive documents related to his case while detained…