As Ripple prepares for its “community celebration” on September 29 in New York City, speculation has been rife about whether the event will feature significant announcements like an IPO or a full settlement with the U.S. Securities and Exchange Commission (SEC). John Deaton, an American who has been closely monitoring the SEC v. Ripple Labs lawsuit (initiated in December 2020), […]

The government of South Korea is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets that are used to fund illicit weapons programs.  According to a report by a local media outlet, the Korea JoongAng Daily, multiple anonymous government sources confirmed on Aug. 3 that the bill is in the works. A […]

Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, has filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine requests.  The memorandum, penned by SBF’s lawyer Mark Cohen, calls the requests filed by the United States Department of Justice (DOJ) “unfounded and overbroad,” among other things in its argument. He argues […]

Cryptocurrency exchange Binance continues to lose some of its key executives amid increasing scrutiny of the platform from regulators around the world. Binance head of product Mayur Kamat has confirmed he is leaving the crypto exchange after nearly two years. “It is time for me to step down and transition product leadership to Binance’s next-gen leaders. I have worked closely […]

Pepe Coin, the meme-inspired cryptocurrency, has faced a recent setback as it failed to sustain support at $0.00000078, casting doubts on its short-term rally prospects. The sellers’ inability to follow through on their downward pressure hints at some wavering in their conviction. The crucial question now is whether the uncertainty will pave the way for buyers to reclaim higher ground […]

Bitcoin price tested the $25,350 zone and is currently recovering. BTC must clear the $26,200 resistance to start a decent increase in the near term. Bitcoin is attempting a recovery wave from the $25,350 zone. The price is trading below $26,200 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance […]

Ethereum price tested the $1,600 zone and is currently recovering against the US Dollar. ETH is facing many hurdles near $1,650 and $1,670. Ethereum started a recovery wave from the $1,600 support level. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $1,665 on the hourly […]

According to a report by Olga Kharif and James Tarmy for Bloomberg, the Non-Fungible Token (NFT) market is undergoing a severe downturn characterized by plummeting trading volumes and dwindling investor enthusiasm. Daniel Maegaard, a prominent NFT collector known by the pseudonym Seedphrase, has apparently been reducing his collection as the market has “completely tanked.” Data from DappRadar, as cited by […]

Ivan Bianco, a Brazil-based YouTuber (the host of the “Fraternidade Crypto” channel) who focuses on blockchain gaming, apparently suffered a significant loss of nearly $60,000 in cryptocurrency and NFTs. The loss allegedly occurred after he unintentionally displayed his crypto wallets’ seed phrases during a live broadcast. His channel has a following of around 34,000 subscribers and has garnered over 2.2 […]