Others News

The crypto market is currently witnessing a significant shift in liquidity as investors transfer large amounts of capital into stablecoins amid growing uncertainty.

Ripple CEO Brad Garlinghouse recently provided an update on the company’s future plans and the broader crypto landscape, revealing both optimistic and cautious perspectives.

Last Friday, Nvidia’s stock continued its downward trend, dropping more than 4% to $102.83.

Despite the growing prominence of cryptocurrencies, Bank of New York Mellon CEO Robin Vince is confident that the US dollar will retain its lead in the global financial arena.

The saga of the FTX cryptocurrency exchange, which once boasted a valuation of $32 billion, is nearing its conclusion. As both criminal and bankruptcy proceedings wrap up, former FTX users are eagerly awaiting the return of their funds.

The OpenAI business segment, which includes the ChatGPT Enterprise, Team and Edu products, has increased its paid user base by nearly 67% since April, surpassing one million users as of September 5.

Asset manager WisdomTree has asked the U.S. Securities and Exchange Commission (SEC) to withdraw its S-1 application for a spot Ethereum exchange-traded fund (ETF), more than three years after it was originally filed.

India’s Financial Intelligence Unit (FIU) is considering the reactivation of operations for two additional international crypto exchanges.

Late on Thursday, Telegram users noticed that the app had changed its frequently asked questions (FAQ) by removing a section for moderating private group chats.

This week has been bearish for the crypto market and Friday was no exception. Today, Bitcoin and most altcoins experienced significant declines, following the U.S. jobs report.

Binance is on track to become Kazakhstan’s first fully regulated cryptocurrency exchange.

Blockchain analytics firm Chainalysis reports that the Central Bank of Russia (CBR) is spearheading efforts to incorporate cryptocurrency into the country’s financial infrastructure, aiming to facilitate cross-border transactions and bypass Western sanctions.

As artificial intelligence continues to evolve, analysts at Bernstein emphasize that integrating cryptocurrency micropayments is crucial to avoid financial limitations in the AI sector.

Chris Larsen, co-founder of Ripple, has added his name to a distinguished list of business leaders endorsing Vice President Kamala Harris for the 2024 presidential election.

Former hedge fund manager and Republican politician Vivek Ramaswamy has sharply criticized the Federal Reserve and U.S. regulatory practices.

On September 5, at the Economic Club of New York, former President Donald Trump reiterated his commitment to the cryptocurrency sector and proposed that Elon Musk lead a new government task force if he wins the presidency.

Riot Platforms has increased its Bitcoin reserves to more than 10,000 coins, marking a 37% rise from last year.

Trump Media & Technology Group (DJT), which operates Truth Social, has seen its stock value drop dramatically by 69% since its debut in March.

Ethereum co-founder Vitalik Buterin has addressed speculation regarding his recent crypto transactions, revealing that he plans to donate all Layer-2 and other project tokens to support public goods within the Ethereum ecosystem.

On Friday, Ripple, a prominent American blockchain payments firm, executed a significant transfer of 100 million XRP, valued at approximately $54 million.

Cardano’s blockchain has recently undergone a major overhaul with the launch of the “Chang” hard fork, which represents a pivotal move towards enhanced decentralized governance.

Changpeng Zhao, known as CZ and the former CEO of Binance, has been banned from the company for life.

Binance Loans has launched a new feature offering fixed-rate loans, which aims to provide users with predictable borrowing costs.

On September 5, crypto researcher ZachXBT voiced concerns about the effectiveness of block trackers for various Layer 1 blockchains.

Telegram CEO Pavel Durov, recently detained in France, has broken his silence following his release, sharing a detailed message on Telegram that outlines his perspective on the events leading up to his arrest and the challenges facing the tech industry.

Worldcoin is aiming to achieve widespread adoption by distributing its iris-scanning Orbs globally, similar to the reach of PayPal and Facebook, according to CEO Alex Blania.

Ripple’s CTO, David Schwartz, has addressed recent speculation that Ripple might unilaterally alter the XRP Ledger.

At a recent New York conference, Coinbase CFO Alesia Haas announced that Kamala Harris, the Democratic presidential candidate, is now accepting cryptocurrency donations through Coinbase Commerce.

Robert Kiyosaki, the well-known author of Rich Dad Poor Dad and a prominent figure in the business world, recently praised Elon Musk following a major SpaceX milestone.

Robinhood’s crypto division has wrapped up an investigation into its past practices, agreeing to pay a $3.9 million fine following allegations that it did not allow customers to withdraw cryptocurrency from 2018 to 2022.

On Wednesday, the Federal Reserve issued an order suspending United Texas Bank in Dallas, citing significant deficiencies in the bank’s compliance with anti-money laundering (AML) regulations related to its cryptocurrency customers.

The legal team defending Ripple Labs against the U.S. Securities and Exchange Commission (SEC) has requested a stay of the monetary portion of the judgment requiring Ripple to pay $125 million.

Nvidia has denied rumors of receiving a subpoena from the US Department of Justice (DOJ) regarding antitrust issues.

South Korea’s Financial Supervisory Service (FSS) is set to crack down on virtual asset exchanges, focusing on uncovering illegal or suspicious activities.

John Deaton, a prominent advocate for cryptocurrency, has clinched the Republican nomination for the U.S. Senate seat from Massachusetts and is set to compete against incumbent Democratic Senator Elizabeth Warren in the general election this November.

The U.S. Commodity Futures Trading Commission (CFTC) has managed to recover $18 million in cryptocurrency connected to a fraudulent commodity pool scheme.

Former Mt. Gox CEO Mark Karpeles plans to launch a new cryptocurrency exchange EllipX later this month, focusing on transparency and user-friendliness.

The Bill & Melinda Gates Foundation (BMGF) has been a major player in global philanthropy, distributing over $77 billion in grants since its establishment.

In a notable development in the cryptocurrency sector, Conflux Network has unveiled a new collaboration with Alibaba Cloud.

At Korea Blockchain Week in Seoul, Ripple CEO Brad Garlinghouse shared that the company is nearing the launch of its new stablecoin, Ripple USD (RLUSD), which will be pegged to the U.S. dollar.

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with Galois Capital Management, a cryptocurrency-focused investment advisory firm based in Florida.

For several weeks, Donald Trump and his sons have hinted at an upcoming cryptocurrency initiative, although they have yet to share many details publicly.

Over two years have elapsed since the dramatic collapse of Terra-UST, which significantly impacted the Bitcoin and broader cryptocurrency markets.

Justin Sun, the founder of Tron, has revealed a major change for the SunPump meme token.

Jeremy Allaire, CEO of Circle, envisions digital currencies triggering a profound change in money velocity similar to the internet’s impact on information and software.

TON Accelerator has unveiled a new initiative, aimed at fostering the development of early-stage startups utilizing the TON blockchain.

TD Bank is setting aside an additional $2.6 billion as it braces for a significant penalty from regulators.

The recent drop in crypto whale activity, especially in Bitcoin and Ethereum, has sparked discussion in the community.

Ripple has announced plans to enhance the programmability of the XRP Ledger by introducing smart contracts next year.

Elon Musk’s recent announcement caused considerable hype by highlighting his continued support for Dogecoin and his vision for integrating digital assets into everyday commerce

Circle CEO Jeremy Allaire believes the crypto industry has not yet seen its most significant developments.

JPMorgan’s latest comments have raised alarm among traders and investors, as the firm downplays the chances of a bull market despite widespread expectations for Federal Reserve rate cuts.

In August 2024, sales of non-fungible tokens (NFTs) fell to $374 million, marking the lowest monthly total of the year and the first time sales have dipped below $400 million in 2024.

Centralized crypto exchanges (CEXs) witnessed a notable 13.7% rise in legitimate spot trading volume in August, reaching $877.5 billion.

OKX has recently secured a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its operations in the region.

Metaplanet Inc., now recognized as Japan’s equivalent to MicroStrategy, has forged a key partnership with SBI Group, known for its involvement with Ripple Labs in the cryptocurrency sector.

A recent submission by the SEC cautions FTX that the agency may oppose any efforts to repay creditors using stablecoins or other digital currencies.

The Solana-based platform Pump.fun has achieved $100 million in revenue just eight months after its launch, marking a notable success in the memecoin space.

An increasing number of US banks are being accused of deceptive practices aimed at generating substantial profits at the expense of their customers.

A new survey reveals that the majority of cryptocurrency holders in the US prefer Donald Trump over Kamala Harris for the 2024 presidential election, despite Trump trailing in overall national polls.