The most well-known cryptocurrency exchange in America, Coinbase, will stop offering XRP as of next week. The Coinbase wallet will no longer support Ripple’s native coin as of December 5, 2022, according to the exchange’s official website. XRP Won’t Be…
Brazil Has Approved A Cryptocurrency Bill that Accepts Bitcoin As A Form Of Payment.
Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. Brazilians will be able to use Bitcoin as a payment mechanism if the legislation is implemented, and digital assets will…
Sony Music Is the Newest Company In the Entertainment Industry to Adopt NFTs.
Sony Music has submitted a trademark application to utilize the Columbia Records logo for non-fungible token-backed (NFT) media. Legitimizing Its Digital Products If approved, Sony Music would be permitted to use the recognizable logo for podcast and music creation, artist…
New Research Shows Smaller Bitcoin Investors Are Buying As Whales Sell Off
According to on-chain data, some non-whale Bitcoin investors appear to have had no problems with the cryptocurrency bear market or the fear, uncertainty, and doubt (FUD) surrounding the demise of FTX. A Tale of Shrimps and Crabs According to research…
Dominica And Huobi Jointly Launch Digital Identity Program As Major Crypto Firms Eye the Caribbean
Cryptocurrency exchange Huobi has teamed up with the Commonwealth of Dominica to launch a digital identification and national token service that promises the West Indian island nation’s digital citizenship. Metaverse and Web3 In the Caribbean Dominica, which is not to…
FTX Employees Set to Be Paid As Bankruptcy Proceedings Continue
FTX appears to be moving on since news broke that it was filing for bankruptcy. The insolvent exchange will pay its employees and contractors after several weeks of uncertainty and bad news. The bulk of FTX subsidiaries worldwide has reportedly resumed…
Bahamas Attorney Gen Defends Authorities’ Action in the FTX Bankruptcy
On November 27, Bahamas Attorney General and Minister of Legal Affairs Ryan Pinder, released a national statement that seems to justify the actions of Bahamian authorities in the FTX collapse. The 23-minute video made a strong argument that the Bahamas…
FTX Founder Sam Bankman- Fried Could Be Looking At Jail Time, Mark Cuban Says
FTX founder Sam Bankman-Fried should be concerned about going to jail, according to Mark Cuban. The billionaire majority owner of the Dallas Mavericks also believes that cryptocurrencies are here to stay despite the FTX debacle. SBF Has Left A lasting…
Bahamian Authorities Place FTX Under An “Active and Ongoing” Investigation
The defunct crypto exchange FTX is the subject of an “active and ongoing” investigation, according to the Bahamas Attorney General (AG) and Minister of Legal Affairs Ryan Pinder. Multi-agency Inquiry Into FTX Pinder stated in a national address that was…
US State Regulators Launch Genesis Global Capital Investigation Citing FTX-Related Contagion Fears
Genesis, a well-known cryptocurrency lender ranked among the top lenders worldwide, is reportedly being scrutinized by regulators in the state of Alabama and other US states. A thorough investigation is being conducted by the state securities department into issues related…
Why Did North Korean Hackers Steal $1.3 Billion in Crypto in 2024?
North Korean hackers have increasingly targeted cryptocurrency platforms, stealing significant amounts and using advanced methods…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
