XRP

Australia’s financial regulator has issued a stark warning to Australian crypto asset providers amid launching civil proceedings against Australian firm BPS Financial Pty Ltd (BPS) over “misleading” representations concerning its Qoin token.  In an Oct. 25 announcement, the Australian Securities and Investments Commission (ASIC) said it has commenced civil penalty proceedings against BPS Financial for
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The legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) is taking major steps towards a final ruling after almost two years now. As Bitcoinist reported, Ripple Labs already published its brief rejecting a summary judgment on Friday. Shortly thereafter, the SEC followed suit with its judicial adversary. Both briefs are only
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The past eighty days have been moderately bearish for cryptocurrencies as the altcoin market capitalization declined by 16%. The downside movement can be partially explained by the United States Federal Reserve’s quantitative tightening, rising interest rates and the halting of asset purchases. Although they are aimed at curbing inflationary pressure, the policy also increases borrowing
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Even though the hype around non-fungible tokens (NFTs) has died down considerably over the past few bear market months, Ripple NFTs developer community continues to invest in this promising market segment of the crypto space. In late September, Ripple announced a $250 million fund to support tokenization innovation that will enable the creation of functional
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Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series. The Top 10 Equal-Weighted Index will monitor the performance of the industry’s top 10 cryptocurrencies by market capitalization, such as Bitcoin (BTC) and Ethereum (ETH). Binance indices will utilize pricing information
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early 2023, Coinbase’s payment service, Coinbase Commerce, will
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SushiSwap, a decentralized exchange (DEX), recently appointed Jared Grey as its Head Chef. But shortly after his election, Grey is faced with heaps of accusations. Unfortunately, the level of allegations has been raging another storm for the DEX ecosystem and community. The new action from SushiSwap in its executive position was to create a more
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Minor inflows for digital asset investment products over the last few weeks suggest a “continued hesitancy” toward crypto among institutional investors amid a slowdown in the United States economy.  In the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, CoinShares head of research James Butterfill highlighted stand-offish institutional sentiment toward crypto investment products,
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In the ongoing legal case between the SEC and Ripple Labs, the commission declared XRP as a security. However, there seem to be some twists through the unfolding events in the lawsuit. The US Securities and Exchange Commission is one of the notable regulators in the crypto space. However, as crypto assets’ adoption and acceptance
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To support the Terra community’s efforts to revive the Terra (LUNA) — now renamed Terra Classic (LUNC) — token, crypto exchange Binance announced an off-chain burning mechanism last week. However, after receiving mixed reactions from community members, the exchange revised its burning approach.  On Sept. 23, Binance CEO Changpeng Zhao wrote that the exchange will
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