More XRP owners are now complaining to the SEC that its litigation caused them to suffer significant losses. In a class action lawsuit brought against the Securities and Exchange Commission, John Deaton is defending more and more Ripple (XRP) holders.…
October Already the Biggest Month In Crypto Hacks According to Chainalysis
According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches. $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…
Chainalysis Report: Ukraine War Accelerated Russian Stablecoin Adoption
The war in Ukraine has affected the world in several ways, which include rising gas and food prices as well as increased political activism. It has also affected Russia’s economy negatively, with Russian investors scrambling to protect their assets. Following…
Ripple Defies Bear Market and Court Case To Make Big Moves In France and Sweden
Cryptocurrency payments company Ripple Labs continues to defiantly beat the odds as it seeks to beat the SEC case and reestablish itself in the crypto space. The company has established new relationships in France and Sweden, advancing farther into Europe…
Solana-Based Decentralized Finance Platform Mango Has Been Hacked For $100 Million
The Solana blockchain-based decentralized finance platform Mango has been exploited for over $100 million. Blockchain auditors OtterSec first posted about the hack on Twitter, claiming that “the attacker was able to alter their Mango collateral.” Attackers Inflated Mango’s Token According to…
Elon Musk Promotes New Fragrance With Dogecoin Among Accepted Payment Options
Elon Musk advertised the “Burnt Hair” cologne from The Boring Company in a tweet today, highlighting that customers can pay with Dogecoin. “Best Scent On Earth” Will Cost You $100 According to Musk, it is “the best scent on Earth!”…
PayPal Forced to Backtrack on Stance That Would Have Boosted Crypto Adoption
PayPal has been on the news lately for the wrong reasons. The payments giant had made it public that it would adopt a policy against misinformation. If the policy had seen the light of day, it would have seen users…
New and Disruptive International Crypto Rules Proposed by Influential Finance Watchdog
The ongoing crypto winter has caught the eye of financial watchdogs and some disruption is brewing. After the recent turmoil in the cryptocurrency market, the Financial Stability Board, a watchdog organization and standard-setter for the global financial system supported by…
Minnesota Congressman Calls Bitcoin Revolutionary, Vows to Keep Making a Case for Cryptos
Minnesota representative Tom Emmer says he fully supports and stands with Bitcoin, the blockchain, and crypto-currencies in general and is working diligently to help the sector expand. Tom Emmer chairs the US congressional Blockchain caucus, and terms Bitcoin as revolutionary…
Visa Fintech is Building a Crypto Team,announce Key Job Opening
Popular American multinational financial services cooperation, Visa Inc., is reportedly secretly building a new team that will likely be dedicated to the crypto ecosystem. According to the firm’s new hiring announcement for a technical product manager, Visa is building, and…