On Friday (9 August 2022), crypto investor and analyst Miles Deutscher explained why he wants Ripple to win even though he is not a “huge fan” of digital asset $XRP. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that […]

The Nomad token bridge announced its relaunch guide after fixing the contract vulnerability that led to a $190 million exploit in August. According to a blog post from Dec. 7, the Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds.  A redesign for the token bridge was also implemented by the Nomad […]

American fintech company ZELF has introduced an anonymous Visa debit card to be accepted at any of Visa’s 80 million locations worldwide.  ZELF’s latest initiative will allow users to open up a U.S. dollar checking account with only their name, email, and phone number, sparing them from having to provide documentation such as a social security number and proof of […]

PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both former collaborators of the firm, and their company Sequentia AG incorporated in Liechtenstein. This will be the first time […]

A Dallas man and the digital currency company he created are in hot water after being charged with defrauding a financial program introduced during the COVID era that was designed to keep businesses afloat. Crypto Company Fraud Thanks to COVID John Corbin Corona, age 35, was indicted in mid-November on counts of both money laundering and wire fraud for allegedly inflating the […]

Crypto tax firm Koinly announced cuts of up to 14% of its global team in response to the “intensifying bear market” — but many employees have pushed back against this narrative. In a Dec. 6 announcement, Koinly founder and CEO Robin Singh said the crypto market downturn coupled with fewer people reporting crypto on their tax returns had contributed to […]

Gene Hoffman, chief operating officer at blockchain company Chia Network, believes Ripple will lose against the Securities and Exchange Commission (SEC). Hoffman made the prediction in a tweet, noting an excerpt from the SEC’s summary judgment filing where the regulator argued that its former director of corporate finance, Bill Hinman, told Ripple executives back in 2019 that in his opinion, […]

The Japanese financial group Sumitomo Mitsui Financial Group (SMBC) is moving to explore the benefits of Web3 by issuing soulbond tokens (SBTs). Proposed by Ethereum creator Vitalik Buterin, SBTs refer to digital identity tokens that represent the characteristics or reputation of a person or entity, or a “soul.” Such tokens are non-transferable and are designed for the decentralized society and […]