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The case of the U.S. Securities and Exchange Commission against Ripple continues to have negative impacts on the company. The number of firms terminating XRP purchases is increasing. A few days ago cryptocurrency exchange platform Bitstamp announced halting XRP purchases for an indefinite time....
Bitcoin gets closer and closer to $30.000. Today, on Dec. 28, it reached another all-time high surpassing $28000. Its market cap is above $524 B. This means the BTC price increased around $4000 within two days and 20% during the last week. The growth of the BTC price started in October when the...
Ethereum price has hit $711, which is the highest rate since May 2018. The cryptocurrency's market cap has surged $79.8 B. This follows after Bitcoin's rally, the price of which has already surpassed $28000. Many analysts assume that the Eth price will go much higher in 2021 and the coming year...
Luxembourg-based cryptocurrency exchange platform Bitstamp announced stopping XRP transactions for an indefinite time. The company tweeted, informing users that such a decision was made because of the SEC's lawsuit against Ripple. US customers will not be able to trade and deposit XRP from January...
After hitting $24,000 about a week ago, now Bitcoin makes another record, surging $25000. Community members celebrated the event. Many Bitcoiners were waiting for the new heights as recent months have been pretty bullish for the cryptocurrency. Bitcoin proved itself to be resilient to...
California-based digital asset trust and security firm BitGo informed about its custodial funds reaching 16 B. Market analysts indicate that most likely this is a result of institutional investors needing to ensure security for custody. Among BitGo's customers are Galaxy Digital, Goldman Sachs, and...
On December 24, authorities announced that the US Securities and Exchange Commission has a new chairman. Elad Roisman will replace Jay Clayton. Meanwhile, XRP saw price growth. Are these two events connected? Well, Roisman considered being a possible ally for the crypto industry. The new chairman...
Ripple's two major partners SBI Holdings and MoneyGram commented on SEC's recent lawsuit against the company. Yoshitaka Kitao, the CEO of the SBI Group, published a statement supporting Ripple and its executives. Kitao said that despite SEC’s allegations of XRP security, SBI will continue to use...
Decentralized protocol MahaDAO teamed up with Ferrum to deliver a staking forum that will enable users to stake Maha's governance token. The MAHA token was issued on Dec. 17 in an Initial Dex Offering managed by Polkastarter DEX. It got sold out within three minutes due to which primary...
On Tuesday, New York-based crypto asset management firm Grayscale added 12.319 Bitcoins. A day earlier, the company announced suspending fund acceptance temporarily. This refers to Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and several other coins. Although, apparently, the company's customers...
Today, December 23, the US Securities and Exchange Commission (SEC) officially took legal actions against Ripple Labs and its corporate executive Christian Larsen and the present CEO Brad Garlinghouse. The market authority claims that the Silicon Valley-based fintech has earned $1.3 B through...
On December 21, business analytics firm MicroStrategy informed about a new Bitcoin deal. The platform acquired 29,646 BTC for $ 650 M. Presently, the company holds 70,470 BTC overall. The average cost of one asset would be $ 15,964. Due to this, MicroStrategy became the fifth-largest individual...
India's most popular cryptocurrency market CoinDCX soared $ 13.9 M in a Series B funding stage headed by Block.one, the creator of the EOS project. Among the participants were Temasek, Jump Capital, Coinbase Ventures, and Bain Capital. In March 2020, CoinDCX reached $3 M in a Series A from ...
Tesla and SpaceX CEO expressed sympathy for Dogecoin on Twitter and entered into a discussion about Bitcoin with MicroStrategy CEO Michael Sailor. On December 20, the successful businessman wrote on Twitter: "One word: Doge." Following this, Dogecoin quickly soared 25% reaching 0.0047,...
Hackers managed to access the Ledger database and get information about over 270,000 wallet users. There were mentioned such personal details as names and physical addresses. All these data then appeared on RaidForums, a marketplace for trading and sharing hacked information. In late June, ...
Bitcoin as any other currency can be denominated in minor values. You can buy a whole bitcoin, but you can also buy fractions of one bitcoin. Small values make BTC activities easier to manage and make transactions readable. Let's see what are they? Satoshi (Sat) The smallest and also the most used...
American rapper Lil Pump is launching a cryptocurrency on blockchain-powered tokenization platform Fyooz. Fyooz site informs that PumpCoin token owner will be able to play Call of Duty or NBA 2k21 live and 1:1 with Lil Pump. Earlier Grammy-nominated rapper Lil Yachty issued digital currency on...
Lending and borrowing DeFi protocol Compound announced the launch of Compound Chain. This took place a few months later, the platform moved from being a centralized performer to a fully community-governed protocol. The introduced research paper explains how the company has developed a...
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