The National Bank of Georgia (NBG) has embarked on a pioneering journey into the digital currency space by selecting Ripple, a prominent enterprise blockchain and crypto solutions provider, as its partner for the Digital Lari pilot project. This collaboration is set to explore the capabilities of Ripple’s Central Bank Digital Currency (CBDC) platform, assessing its potential to revolutionize the public […]

Closing arguments for the criminal trial of Sam Bankman Fried (SBF), the disgraced founder of crypto exchange FTX, have officially concluded with U.S. Southern District of New York Judge Lewis Kaplan moving to jury instructions. As per the indictment from last December, Bankman-Fried faces a total of seven charges, including two counts of wire fraud conspiracy, two counts of wire […]

Five cryptocurrencies showing the biggest price fall of the week are Mina, Maker, Stacks, Bitcoin SV, OKB. Cryptocurrency analysis by Coinidol.com. The cryptocurrencies listed below are the worst performing altcoins this week. The altcoins did not make good moves due to their continued downtrend. Other altcoins have continued to fall to new lows.  Mina The price of Mina (MINA) has […]

As artificial intelligence (AI) continues to permeate various sectors worldwide, the music industry has been receptive to its transformative capabilities while remaining cautious about the risks to artists.  In a recent survey released by the private music studio house Pirate, 53% of respondents said they have “concerns about how their audience might perceive music created with the assistance of AI.” The […]

Ripple’s Chief Legal Officer is criticizing the SEC and its Chair, Gary Gensler, for their recent legal defeats and questionable actions. SEC has been accused of violating the Administrative Procedure Act and acting arbitrarily and capriciously. The Government Accountability Office’s revelation that the SEC’s SAB 121 rule was drafted without input from regulators. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, […]

The decentralized finance project SafeMoon, which was exploited in March, resulting in a net loss of $8.9 million in BNB (BNB), has been charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud. The funds associated with the exploit have been on the move via centralized exchanges (CEXs), with blockchain analytic firm Match Systems believing the […]

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) continued to rise and broke through the $0.30 resistance level. Cardano price long-term forecast: bullish The bullish momentum was initially stalled at the $0.30 resistance level, but buyers eventually overcame it. On the upside, the crypto has the potential to regain its previous highs of $0.32 and $0.36. Nevertheless, the […]

Solana (SOL) is on a tear. The seventh-largest digital asset by market cap surged over 13.6% during the past 24 hours, hitting $46 at its peak — a level not seen since August 2022. More impressive: SOL is up nearly 81% in a matter of weeks. News of the testnet launch of Firedancer yesterday further fuelled the price of the […]

The Tether (USDT) stablecoin issuer is raising the bet on Bitcoin (BTC) mining by issuing a major debt facility to German-based BTC mining company Northern Data AG. Northern Data AG has secured a 575-million-euro ($610 million) debt financing facility from Tether to drive further investments across its businesses, according to an announcement on Nov. 2. The debt capital specifically aims […]