Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its...
Day: May 8, 2023
Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500...
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies...
Paxful restarts marketplace operations for the first time since April
Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of...
Bitcoin Bull Run In Jeopardy As Parabolic SAR Flips Bearish On Daily Chart
Bitcoin (BTC), the world’s largest cryptocurrency, is facing a potential correction as it loses support at a critical level and...
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure...
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
Chinese tech company iFlytek recently made waves with the launch of its “Spark Model,” an AI system it says will...
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw...
South Korean lawmaker allegedly cashed out while legislating on crypto: Report
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a...
Pro-XRP Lawyer Weighs In On The Ongoing Lawsuit Ruling
Bill Morgan has weighed in on discussions regarding the XRP lawsuit while the crypto community awaits the judge’s ruling. Morgan...
Binance Records Highest BTC Outflows In its History; What’s the Catch?
The latest report by on-chain tracker Whalewire shows Binance is experiencing unusual Bitcoin outflows over the past 24 hours, the...
Study Reveals Top Countries Fueling Meme Coin Interest in 2023
In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about...
Crypto remains hopeful as market moves sideways: Report
BTC continues to trade in a narrow range, and memecoins steal the limelight from NFTs as views on the macroeconomic...
Sui DEX Cetus’ IDO oversubscribed by 650%
According to developers, the fundraising goal of the initial DEX offering was reached in less than one minute. Just hours...
‘No other options’: Hong Kong moving forward with crypto licensing, FinTech chair says
Neil Tan, chair of the FinTech Association of Hong Kong, says the opening of the financial industry to digital assets...
