Ripple boss Brad Garlinghouse has beefed up his legal team amid the ongoing legal turmoil between the payments firm and the U.S. Securities and Exchange Commission (SEC). Garlinghouse Secures New Defense Counsel Ripple’s Brad Garlinghouse has welcomed a new lawyer to fight the SEC lawsuit. Renowned attorney Rahul Mukhi, a partner at Cleary Gottlieb Steen & Hamilton LLP, Mukhi, on […]

Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new service will be more cost effective and reduce settlement times relative to traditional solutions. Bank ABC will at first use the U.S. dollar in transactions involving Bahrain, the United States, United Kingdom, Singapore and Hong Kong. The partners are […]

Cryptocurrency influencer Ben Armstrong arrested outside the home of a consultant linked to Hit Network. Armstrong accused the consultant of life-threatening intentions and has ongoing litigation against Hit Network for allegedly plotting to snatch away his company. Armstrong has a history of conflicts with Hit Network and the crypto community is divided on his arrest. In an unexpected twist that […]

Two masterminds on one project—is this what bothers SEC, or are there deeper concerns? The SEC only blocks retail investor benefits while ignoring FTX and other instances. Legal experts are analyzing the SEC’s move to object to a US company and what the SEC is up to. Coinbase CEO Brian Armstrong and Chief Legal Officer Paul Grewal questioned the SEC’s […]

Ethereum price is attempting a recovery wave from $1,565 against the US Dollar. ETH could struggle to recover above $1,600 and might resume its decline. Ethereum is slowly moving higher toward the $1,600 resistance zone. The price is trading below $1,600 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $1,595 on […]

Bitcoin price is struggling below the $26,500 resistance. BTC could accelerate lower if there is a close below the $26,000 support in the near term. Bitcoin is struggling and trading well below the $27,500 resistance. The price is trading below $26,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $26,420 […]

Crypto exchange Binance has reopened registrations and access to its products and services for its Belgian crypto users again —  three months after the exchange was ordered by Belgium’s finance regulator to cease cryptocurrency-related services. “New registrations of Belgian residents are welcome on our platform once again,” Binance confirmed in a Sept. 25 post on X (formerly Twitter). Binance said […]

Decentralized finance peer-to-peer service Mixin network, experienced an attack on Saturday, September 23, 2023, leading to $200 million worth of crypto funds lost as a result of the attack. $200 Million In Crypto Lost In The Attack The decentralized finance (DeFi) network Mixin network revealed that the attack was caused by a compromise in the network’s cloud service provider database. […]

The crypto market cap has declined over 1% in the last 24 hours, transmitting losses across the market. Top coins like Bitcoin and Ethereum have taken the hit, losing 3% and 4% of their past week’s gains, respectively.  However, Chainlink (LINK) resisted the prevailing bearish market forces amid this onslaught, holding 6.51% gains on the weekly chart. Also, the token […]