The world’s largest country by landmass is set to roll out a digital ruble next week after Russian President Vladimir Putin greenlighted the project on Thursday. The text of the bill amends Russia’s Civil Code to allow the digital ruble to be used for payments, while empowering Russia’s central bank to let real citizens use...Read More
South Korean digital asset savings and lending firm Delio has plunged into a deeper crisis more than a month after suspending user withdrawals. The authorities seized Delio’s assets on July 18th, which reportedly disrupted its operations. According to the latest update, the actions by the South Korean regulator have made it “difficult for the company...Read More
According to a recent report by blockchain analytics firm TRM Labs, terrorist groups globally, including those linked to ISIS, frequently utilize cryptocurrency for fundraising purposes. In certain instances, these terrorist organizations have been able to attract supporters and bolster their operations. TRM Labs revealed observing “mounting on-chain evidence” over the past 12 months that pro-ISIS...Read More
Ethereum co-founder Vitalik Buterin published a blog post on Monday discussing “decentralized proof-of-personhood” – an ambitious concept at the center of OpenAI CEO Sam Altman’s newly launched “Worldcoin” (WLD) project. While noting benefits the benefits of the concept at large, the developer highlighted four potential flaws in Worldcoin’s approach that have popular voices in crypto...Read More
After a series of days stuck under the $30K line, Bitcoin has finally shown a clear trend, though it’s not the one bulls were hoping for. Bitcoin slipped below its monthly support of $29K, and it didn’t stop there, continuing to slide down to the $28.8K mark. This severe bearish swing led to a massive...Read More
InQubeta (QUBE) is expected to be a top 50 cryptocurrency once its presale is over and its $QUBE tokens are launched on exchanges. The InQubeta presale has already raised $1.7 million early on and it’s set to meet all its targets for the event as investors dive at the chance to grow their investments by...Read More
John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has slammed haters and critics of Judge Analisa Torres, insisting that her recent decision in the ongoing case is “very sound.” In a lengthy Twitter thread, Deaton outlined why Judge Torres’ decision...Read More
WorldCoin is soon available for trading on BitMEX via a new listing – WLDUSD, with up to 50x leverage, making this new contract one of the highest max position sizes in the industry. WLDUSD will begin trading on BitMEX on 25 July 2023 at 04:00 UTC. What is WorldCoin? The Worldcoin token (WLD) is the...Read More
Worldcoin – one of the most controversial projects in the digital asset space – announced the launch of its WLD token. The company plans to distribute WLD to over two million people across the world. Besides multiple delays, Worldcoin has faced some serious concerns regarding potential privacy risks since it involves a biometric verification device...Read More
[PRESS RELEASE – Willemstad, Curacao, July 24th, 2023] Last year, the Fairspin platform launched two associated loyalty programs: Play To Earn and Hold To Earn. Within the first one, it is possible to receive TFS tokens as a rakeback; using the second one, it is possible to increase them thanks to the holding without any...Read More
[PRESS RELEASE – Zug, Switzerland, July 24th, 2023] Özcan Köme, a seasoned DeFi expert whose crypto roots date back to 2016, shares a balanced perspective on the potential of the Decentralized Finance Landscape. In the face of CeFi’s limitations, Özcan Köme believes that DeFi stands as a revolutionary concept, reshaping how financial services are accessed...Read More
A Bitcoin wallet that was inactive for more than a decade has recently sent out more than $30 million worth of BTC to another address. The whale received the stash in mid-April 2012 when the USD valuation of the primary cryptocurrency was south of $5. As revealed by Lookonchain, the mysterious whale who was hibernating...Read More
The Ripple boss has lambasted the federal regulator after its expressed intentions to appeal the recent ruling. Late last week, the SEC said the decision made by Judge Torres that XRP sold to retail traders was not a security needs a “review.” This has largely been viewed as intent to appeal the court ruling and...Read More
The XRP price continues to display strong upward momentum, with a target of retesting its 2021 highs at around $1.9. The recent judgment summary provided some clarity on investment contracts for the Ripple-backed digital asset, leading to increased trading volume. Furthermore, the coin has regained listing on almost all centralized digital asset exchanges that had...Read More
As John J Ray III and his team scramble to recoup as much value as possible for FTX creditors, new evidence of willful wrongdoings surface as the troves of disorganized information on FTX’s interior dealings are combed through. At Least $8 Billion Could Not Be Repaid The new lawsuit filed against FTX’s former C-suite –...Read More
