Ripple CEO: Hinman documents are worth the wait
On June 13, 2023, Ripple CEO Bradley Kent Garlinghouse tweeted, assuring the crypto community that upcoming Hinman’s documents are worth the wait. He hinted that the documents played a huge role in tipping the case in Ripple’s favor and concluding it.
China reverses policy rate as post-Covid recovery slows down
China is in for an easier time as the People’s Bank of China (PBOC) reverses key monetary policies. The bank cut a key short-term policy following disappointing data from the economy after the nation failed to rise as expected following the Covid-19 reopening.
Tether CTO clarifies the minting of a new $1B worth of USDT on the ETH network
Tether CTO Paolo Ardoino has taken to Twitter to clarify why the issuer has minted a billion USD coins. He says the new coins will facilitate chain swaps and won’t mix with the issued market cap.
UBS completes the takeover of Credit Suisse
UBS, a Swiss banking giant, has completed the takeover of Credit Suisse following its collapse in March 2023. The bank will now be in charge of a balance sheet worth over $1.6T and a workforce of around 120K professionals.
Vitalik Buterin: These three features are the pivots of Ethereum
Vitalik Buterin, Ethereum network co-founder and core developer, has outlined wallet security, layer 2 scaling and privacy-preserving features as key Ethereum pivots.
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Hot Stories
Crypto adoption check-May 2023: Banks are slowly catching up
Crypto adoption has been accelerating lately despite the recent market turns proving that the industry may already be beyond the point of return. As such, large financial institutions previously objecting to legalizing crypto technology are slowly warming up to it, with the likes of Goldman Sachs, Bank of America, and JP Morgan Chase Banks even offering custodial services
Crypto and finance experts reflect on U.S. crypto regulation efforts
Crypto regulations in the U.S. have been a hot discussion point in the past months, with specialists citing harsh regulation. In under 6 months, the U.S. regulators, including but not limited to SEC and CFTC, have charged numerous high-profile individuals and organizations in the U.S.
LG Electronics unveils groundbreaking NFT technology!
LG Electronics, a leading technology company, has recently made a significant move into the world of non-fungible tokens (NFTs) by filing a patent for its Smart TV.
DRC-20 tokens drive record-breaking surge in Dogecoin transactions! Is Elon Musk getting involved?
The introduction of the DRC-20 token standard has caused a surge in daily transactions on the Dogecoin chain, surpassing Bitcoin and Litecoin at its peak.
Report: Unveiling the progression of NFT financialization
A new report published by Reflexivity Research highlights the rapid pace at which the financialization of non-fungible tokens (NFTs) is progressing. It urges more caution when dealing with the industry as it is still arguably young but very promising which makes it a target for scammers.
NFTfi launches Earn season 1: Empowering responsible NFT lending”
NFTfi, a leading NFT lending platform, has announced the launch of Earn Season 1, the next phase of its loyalty program, NFTfi Rewards.