The path of least resistance for Ripple’s XRP may be on the higher side due to bullish developments within the token’s ecosystem. According to blockchain firm Ripple, the Dubai Financial Services Authority (DFSA) has granted XRP approval for deployment within the Dubai International Financial Centre (DIFC). XRP joins the ranks of Bitcoin (BTC), Ether (ETH), and Litecoin (LTC) for use […]

Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in the late hours of Nov. 2. The jury delivered its verdict in less than 10 minutes after nearly 4 hours of deliberation, leaving his parents to fall silent in the crowded courtroom at the Southern District Court of New York.  Over the course […]

Web3 tools powered by layer-1 blockchain Solana are driving tangible returns and delivering deep customer data insights, according to prominent mainstream brands and companies that attended Solana Breakpoint. The four-day conference in Amsterdam attracted a wide variety of businesses and projects from Web2, Web3 and traditional backgrounds. A prominent takeaway was the adoption of Solana-based tools and services, innovating payments […]

As Dubai prepares for the Ripple Swell on November 8 and 9, Ripple experts and community members have more substantial hopes than ever for the event.  Probable IPO and License Announcement  The “XRP Captain,” a well-known member of the XRP community, posted on X a picture that quickly gained attention. The picture shows the Ripple Swell event, which is scheduled […]

The United Kingdom’s global summit on artificial intelligence safety, the AI Safety Summit, concluded on Nov. 2 with a one-on-one chat between U.K. Prime Minister Rishi Sunak and billionaire Elon Musk.  Musk was one of the many big names to attend the summit, including heads of OpenAI, Meta, Google and its AI division DeepMind, along with leaders from 27 countries. […]

Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations. The firm had $5.62 billion in revenue in the third quarter of 2023, boosted by solid revenue growth in Cash App and Square, with $44 million in profit on its Bitcoin (BTC) holdings thanks to a price […]

The National Bank of Georgia (NBG) has selected blockchain payments network Ripple Labs as the official technology partner for developing digital lari, its central bank digital currency (CBDC) project. In a statement, Ripple said the partnership would include implementing and deploying the digital lari pilot initiative through the Ripple CBDC Platform. The NBG will utilize this innovative CBDC platform to evaluate […]

Marathon Digital has begun mining Bitcoin (BTC) using power generated from methane gas siphoned off a landfill. The 280-kW off-grid pilot project is operating in Utah. Marathon teamed up with Nodal Power on the project. Nodal Power was launched in November 2022 and produces energy from landfill gas in the southeastern United States and Texas. It raised $13 million in […]

After posting impressive gains in the second half of October, Bitcoin and other cryptocurrencies seem to have taken a pause, sparking concerns about a potential pullback. Notably, some experts have attributed this pause to profit-taking, while others believe it’s “a return to normalcy” following the election of a new house speaker, considering crypto was a key topic of discussion during […]