Ripple case with SEC to ‘likely’ reach a conclusion in 2022, says CEO

The long-standing feud between distributed ledger technology firm Ripple and the United States Securities and Exchange Commission (SEC) is nearing its end, according to Ripple’s CEO. Brad Garlinghouse highlighted the progress made in the case “despite a slow-moving judicial process.” Speaking to CNBC, he predicted that the Ripple case would likely conclude in 2022. “Clearly, we’re seeing good questions asked […]

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Ardana partners with Near protocol on Cardano bridge infrastructure

Ardana, Cardano’s growing stablecoin hub, announced a strategic partnership with Near protocol on Nov. 23. The partnership allows for asset transfer between the two protocols in which Ardana will provide the bridging infrastructure. Ardana is a decentralized stablecoin hub built on the Cardano network. While Ardana (DANA) is its governance token, it will use dUSD as verified on-chain collateral to […]

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Staking Contract of ETH 2.0 Reaches $35 Billion Worth of Coins

Ethereum struggled in terms of price during the last seven days, but the crypto community kept pouring their ETH assets into the deposit contract of its network upgrade (ETH 2.0). Since the introduction of Beacon Chain in December 2020, the ETH community has staked more than 8.3 million coins under Ethereum 2.0. During the same period, the price of the […]

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Biggest Latin American Company MercadoLibre Floats Crypto Investments Through Digital Wallet

E-commerce giant MercadoLibre is stepping up its foray into crypto this time by allowing Brazilians to buy hold and sell cryptocurrencies using its Mercado Pago Digital Payments App. This is according to a Tuesday disclosure by the app’s Vice President, Tulio Oliveira, during an exclusive interview with Bloomberg. “We took the time to study and learn before deciding to step […]

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Binance Approaches Sovereign Wealth Funds for Investment

Binance is in talks with several sovereign wealth funds to pursue them in taking stakes in the crypto exchange, the Founder and Chief Executive, Changpeng Zhao revealed. In an interview with Financial Times, Zhao detailed that the move to approach the sovereign wealth funds came as the exchange is facing regulatory backlash in many jurisdictions. The exchange is expecting to […]

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Cardano (ADA) Price Analysis: Risk of More Losses Below $1.75

Cardano price is struggling below the $2.00 resistance against the US Dollar, unlike bitcoin. ADA price must clear $2.00 to start a fresh increase. Cardano Price Analysis After a close below $2.00, cardano price started another major decline against the US Dollar. The ADA/USD pair traded below the $1.92 support level to enter a bearish zone. The bears gained strength […]

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