Tag: crypto
-
US Appeals Court Finalizes Forfeiture of 69,370 Bitcoin in Silk Road Case
Final Chapter in Silk Road Saga Silk Road, a now-defunct dark web marketplace, became synonymous with BTC during its early days. The recent development reported confirms that efforts to hold accountable those involved with Silk Road have made significant progress. This latest confirmation follows the US Department of Justice’s initial seizure of these assets back […]
-
Confidentiality Orders Shape Landmark SEC vs. Terraform Labs Trial
Significance of the Protective Order The agreement on the protective order, reached by the legal teams representing both the SEC and Terraform Labs, including its co-founder Do Kwon, highlights the complexity and high stakes of this case. Currently detained in Montenegro, Do Kwon has been at the center of the legal storm ever since the […]
-
Phantom Wallet: Revolutionizing Crypto Management with Bitcoin Integration
A Game-Changer for Phantom Wallet Users Phantom Wallet, known for its advanced Web3 capabilities, has taken a bold step into the world of Bitcoin. This expansion, which already includes support for Ethereum and Polygon, demonstrates the wallet’s commitment to catering to a wider user base and improving its overall utility. With this new feature, Phantom […]
-
Ripple’s Irish Subsidiary Receives License for Virtual Asset Services from Central Bank
Ripple Markets Ireland Granted License for Crypto Operations In an exciting development, Ripple announced that its subsidiary, Ripple Markets Ireland Limited, has been granted a license by the Central Bank of Ireland (CBI) to operate as a Virtual Asset Service Provider (VASP). This license allows Ripple Markets Ireland to engage in a range of crypto […]
-
Ripple Labs’ Massive XRP Transfers Coincides with Crypto’s Comeback
Ripple Transfers XRP Tokens to Exchanges Blockchain-based payment company Ripple Labs has been observed making large XRP transactions as the crypto asset rebounds from a recent decline. According to reports from on-chain crypto tracker Whale Alert, Ripple recently performed three massive transfers of XRP. The tracker took to X (formerly Twitter) to alert the crypto […]
-
Worldcoin’s Orb-verification services halted in India, Brazil, and France due to regulatory hurdles
Expansion into new markets: Limited and Short-Lived The Tools for Humanity foundation, overseeing Worldcoin’s development, clarified that the expansion of the Orb into these markets was intended for “limited time access.” Despite this initial intention, the sudden retreat has left many people questioning the reasons behind it, particularly in the context of Worldcoin’s active engagement […]
-
Bitcoin: The Path to Millionaire Status and Institutional Investors’ Growing Interest
1. Looking Beyond Digital Gold: Bitcoin’s Potential Often perceived solely as digital gold, Bitcoin was initially proposed by the pseudonymous Satoshi Nakamoto in the form of a peer-to-peer electronic cash system. However, in its Big Ideas 2023 report, Ark Invest identifies eight potential uses for Bitcoin that, when combined with future growth projections, could result […]
-
Solana Skyrockets: Up 782% in 2023 and Poised for More Growth
Solana Shines Among Cryptocurrencies with a 782% Gain As we approach the end of 2023, optimism is returning to the cryptocurrency industry, and some assets are garnering more attention than others. Solana (SOL) has emerged as one of the top performers, showcasing remarkable results both recently and since the beginning of the year. In fact, […]
-
Regulators Seek Global Crypto Oversight: FSS Head to Meet SEC Chair
Regulatory Cooperation Aims at Global Crypto Oversight Lee Bok-hyun, head of South Korea’s Financial Supervisory Service (FSS), is scheduled to discuss the regulation of cryptocurrencies with the United States Securities and Exchange Commission (SEC) chair, Gary Gensler. The upcoming meeting, set for January, aims to address the evolving landscape of the crypto market and the […]
-
Trader Turns $454 into $2.19 Million in Two Weeks with COQ and WBTC
COQ Acquisition Turns Into Millions On-chain data tracker Lookonchain has identified an impressive trading feat where a trader turned a mere $500 investment into a staggering $2.19 million within a two-week span. The trader achieved this success by acquiring a substantial stack of Coq Inu (COQ), a memecoin that operates on the Avalanche (AVAX) network. […]