Alan Chang, the Chief Revenue Officer of Revolut, is reportedly leaving the UK fintech company with plans to raise funds in the millions of dollars for a new cryptocurrency initiative. $100 Million in Funding for New Crypto Venture According to Bloomberg, Chang is set to leave Revolut after working as one of the company’s executives...Read More
The ever-evolving world of cryptocurrencies has been on a quest for a run with the bulls, to historic highs. Whilst the industry has been moving at snail’s space, which is very different from the traits of the industry. Folks from the industry are now inkling towards high-yielding assets which have led an astounding rally in...Read More
In a bid to spread awareness and bolster usage, the Jamaican Government is all set to airdrop $16 (2500 Jamaican dollars) to the first 100,000 citizens setting up Central Bank Digital Currency (CBDC) wallets after April 1st. Jamaica Digital Exchange (JAM-DEX) While delivering the opening presentation in the 2022/23 Budget Debate in the House of...Read More
The crypto town has awaken to a bright sunny morning, as the industry’s biggest lawsuit comes across a major win. Ripple in its legal brawl is seeing its efforts bearing fruits, following its hardships. Whilst the defendants move to strike an impermissible rebuttal report. Advertisement The court denies the SEC’s motion to strike Ripple’s fair...Read More
The Lower House of Russia’s Parliament – State Duma – has reportedly called upon establishing a regulatory framework on cryptocurrencies rather than imposing a blanket ban on them. The authorities joined the likes of the Finance Ministry, which urged for the same thing. The Never-Ending Saga Earlier this year, the Bank of Russia – the...Read More
According to a recent report, some of the notorious Mexican drug cartels are increasingly using bitcoin for their illicit operations. Among these organizations are Jalisco New Generation Cartel and Sinaloa Cartel. Drug Kingpins Turn to Bitcoin Despite their various merits and numerous proponents, cryptocurrencies have their opponents, too. Those often claim that criminals use bitcoin...Read More
As the broader crypto market continues to decline, the world’s wealthiest Ethereum (ETH) whales are accumulating a top ETH competitor. Advertisement Fantom (FTM), a scalable smart contract-enabled blockchain, was the top target of the 500 largest ETH addresses on record over a 24-hour period this week, according to WhaleStats on Twitter, flipping popular dog-themed joke...Read More
