Ripple’s CTO, David “JoelKatz” Schwartz, recently dropped a bombshell at the XRP Las Vegas conference. He admitted that Ripple’s products, including the XRP Ledger (XRPL), essentially form a complete financial system. But he also threw some cold water on the idea that the XRPL’s success automatically translates to a higher XRP price. A Financial System…
Korean media company K Wave Media (KWM) is making headlines by planning to invest a massive $500 million in Bitcoin. This isn’t just a casual investment; they’re building a whole Bitcoin-centric ecosystem, letting users buy concert tickets, albums, and even vote using Bitcoin. KWM’s Bitcoin Bet and the Asian Market KWM, calling itself Korea’s “Metaplanet,”…
Web3 startups face a significant hurdle: navigating the complex regulatory landscape set by the Securities and Exchange Commission (SEC). One misstep can lead to costly legal battles, as seen with projects like Ripple. This guide provides strategies to minimize SEC scrutiny and build a sustainable business. Understanding the SEC’s Role The SEC’s primary goal is…
A Pennsylvania woman is facing charges after allegedly stealing tens of thousands of dollars from her elderly mother’s bank account. A Senior’s Savings Vanish Lynn Dewey, 55, was arrested by Grove City Police following an investigation into fraudulent activity on her 80-year-old mother’s PNC bank account. The mother, who requires assistance with daily living and…
Lagrange (LA), a cryptocurrency using zero-knowledge (ZK) proof technology, has seen a massive price jump after being added to Coinbase, a major US cryptocurrency exchange. Coinbase Adds Lagrange Coinbase announced it was listing LA, but with an “experimental” label, meaning it’s for less liquid tokens. Coinbase users can now buy, sell, and trade LA through…
The ongoing feud between President Trump and Elon Musk sent shockwaves through the crypto market, leading to a massive liquidation of Bitcoin and other cryptocurrencies. A Twitter War and Market Mayhem The drama started with Musk’s outspoken criticism of a new spending bill, calling it a “disgusting abomination.” Trump retaliated with threats to cut Musk’s…
Bitcoin’s price has been pretty flat lately, but the network is buzzing with activity! Let’s dive into the details. New Wallets Galore A huge number of new Bitcoin wallets were created recently. On May 29th, almost 557,000 new wallets popped up – the most since December 2023! This shows a lot of people are getting…
Russia’s Moscow Exchange (MOEX) is making a big move into the world of cryptocurrency by offering Bitcoin futures contracts. This is a significant step in Russia’s gradual embrace of digital assets. How it Works These new contracts track the price of BlackRock’s Bitcoin ETF, a fund currently holding over $72 billion. The contracts themselves are…
The US Department of Justice (DOJ) just dealt a major blow to the dark web. They shut down BidenCash, a massive illegal online marketplace, seizing its cryptocurrency and 145 websites. What was BidenCash? BidenCash was a darknet market where criminals bought and sold stolen credit card info and personal data. It quickly gained popularity, boasting…
Bitcoin’s price has been stuck around $105,000, but a closer look at the network reveals some exciting news. On-chain data shows a significant increase in activity, suggesting something interesting is happening behind the scenes. Bitcoin Network: A Surge in Activity According to Santiment, a blockchain analytics firm, Bitcoin’s network activity has seen a massive jump…
