Crypto
In recent developments, the ever-volatile Bitcoin price has witnessed a 4.6% dip, prompting investors and market enthusiasts to question: Is this the opportune moment to buy the dip? As of now, Bitcoin is priced at $25,619, with an impressive 24-hour trading volume of $18.8 billion. Retaining its top position on CoinMarketCap, Bitcoin…
In the ever-evolving world of cryptocurrencies, Ripple (XRP) finds itself at a pivotal juncture. Having breached the crucial $0.50 support level, market enthusiasts and traders alike are wondering if XRP’s descent will continue or if a resurgence is on the horizon. As of today, XRP is trading at a nail-biting $0.497. Despite…
In a world increasingly reliant on internet connectivity, a Florida-based startup is breaking new ground by enabling Bitcoin (BTC) Lightning Network transactions even when there’s no access to the web.The company, called LNMesh, leverages local “mesh networks” to facilitate Bitcoin payments offline, crypto news outlet Decrypt reported on Thursday.The idea…
As traders and investors grapple with market unpredictability, yPredict, a project currently under development, is preparing to offer a blend of traditional and modern analytical tools. The project has raised an initial $3.69 million for its native token, $YPRED, and is setting the stage for beta releases in late 2023…
Ripple Labs has objected to the Securities and Exchange Commission’s (SEC) request to appeal a federal judge’s ruling that the XRP token is not a security when sold to the public. On Friday, Ripple filed a request with US District Judge Analisa Torres in New York, urging her to deny the SEC’s plea, according to a report from…
During an interview at the Intersekt Fintech conference in Melbourne, Australia, on August 31, Ben Rose, General Manager of Binance Australia, expressed strong confidence in the ability of Australian regulators to make informed decisions regarding digital asset regulations in the country.Rose’s optimism contrasts with the recent challenges and regulatory scrutiny…
The cryptocurrency market is once again filled with dramatic twists and turns. While Bitcoin price faces headwinds, largely due to the US Securities and Exchange Commission’s (SEC) recent decision to delay approvals for spot bitcoin exchange-traded fund (ETF) applications, there’s a palpable buzz in the meme coin sector. Leading financial players,…
Chief Financial Officer (CFO) and General Counsel at crypto venture capital firm Paradigm are set the leave the company this month.Nathan Apsel, CFO of Paradigm, and Reena Jashnani-Slusarz, the company’s General Counsel, are expected to depart by mid-September, according to an internal email from the company. The email detailed that the departure of Apsel and…
Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service
On August 30, Robinhood entered into a $605.7 million (HOOD) share buyback agreement with the US Marshal Service (USMS) to reclaim shares formerly held by Same Bankman-Fried (SBF) through Emergent Fidelity Technologies.At the beginning of this year, the US government took possession of the 55 million HOOD shares owned by…
Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network. While there is no confirmation, the malware is suspected to be the work of Sandworm, a Russian agency. The Functioning…