Ripple hack solved? XRP whales deposit $15M as price rebound begins 1. Ripple Hack: The recent hack on Ripple, a popular cryptocurrency, has been successfully solved by the company’s security team. The hack had resulted in a significant amount of XRP (the cryptocurrency associated with …
Hong Kong announces consultation on crypto and fiat swaps In an effort to explore the potential of cryptocurrencies and their interaction with traditional fiat currencies, the Hong Kong government has announced a consultation on crypto and fiat swaps. The consultation aims to gather insights and …
Bitcoin Price Jumps Above $44,000, Here Are The Factors Driving It 1. Institutional adoption: One of the key factors driving the recent price surge of Bitcoin is the increasing adoption of the cryptocurrency by institutional investors. Many large financial institutions and corporations have started to …
Institutional adoption of crypto is growing. What can boost it further? In order to further boost institutional adoption of cryptocurrencies, several factors can play a significant role: 1. Regulatory Clarity: Clear and comprehensive regulations that address concerns around investor protection, security, taxation, and anti-money laundering …
NBA, Mark Cuban Sued Over Voyager Crypto Deal 1. Background on Voyager Digital: Voyager Digital is a cryptocurrency brokerage platform that provides retail and institutional investors with a secure and regulated way to trade various cryptocurrencies. It offers easy access to multiple exchanges and competitive …
What is Farcaster, and why are people excited about it? Farcaster is a groundbreaking technology that allows for instantaneous communication across vast distances in space. It is essentially a highly advanced communication device that enables real-time communication between different locations in the universe. People are …
Wemade investigated for dodging reporting duties Wemade Entertainment, a South Korean video game company, is currently under investigation for allegedly evading its reporting duties. The investigation is being conducted by the Financial Supervisory Service (FSS) and the Korea Exchange. According to the authorities, Wemade is …
Dogecoin stalls; more whales exploring AI-focused crypto projects In recent news, Dogecoin, the popular meme-based cryptocurrency, has been experiencing a period of stagnation in its price and adoption. Despite the hype and excitement surrounding Dogecoin earlier this year, it seems that the momentum has stalled, …
Crypto ransomware payments surpassed $1b in 2023, Chainalysis says Chainalysis, a leading blockchain analysis company, has reported that crypto ransomware payments have surged past $1 billion in 2023. This alarming milestone highlights the significant growth of cybercriminals’ use of ransomware attacks and the adoption of …
India’s Reserve Bank looking to introduce offline CBDC functionality for remote areas India’s Reserve Bank is actively exploring the introduction of offline Central Bank Digital Currency (CBDC) functionality to cater to remote areas where internet connectivity is limited or not available. This move aims to …