Ikemefula Aruogu
Feds Governor Foresees Continued Pause With Interest Rate Cuts in 2024
According to reports, Federal Reserve Governor Michelle Bowman said she doesn’t expect the Fed to cut interest rates in 2024. Bowman cited persistent inflation in the first several months of...
BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown
BlockFi, the now-bankrupt digital asset lender, has announced adopting Coinbase as a distribution partner. In a recent blog post, the former crypto platform noted that working with Coinbase will ensure...
Kraken Asks The Court to Dismiss The SEC’s Case in Recent Filing
Kraken, a United States-based cryptocurrency exchange, has filed a motion asking the court to dismiss a case filed against it by the U.S. Securities and Exchange Commission (SEC). According to...
SBI VC Set To Become a Validator On The XRP Ledger From May 10
SBI VC, a foremost cryptocurrency exchange operator in Japan, has announced that it will begin operating nodes as a validator on the XRP ledger from May 10, 2024. According to...
BSV and XRP Supporter Argue Over Altcoins’ Superiority
A prominent crypto user identified as Mr. Huber on X has engaged an XRP critic in a debate. Point by point, Mr. Huber attempted to debunk the points raised by...
Lawyer Questions Claims That Ripple’s ODL Agreement Satisfies The Howey Test
Renowned crypto lawyer Bill Morgan has questioned the claim that Ripple’s ODL agreement satisfies the Howey Test. In a recent post on X, the prominent crypto personality shared his findings...
Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow
The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that...
The Best Quantum Computing Strategies Piggyback on Recursive STARKs – Buterin
Ethereum co-founder Vitalik Buterin believes all of the best strategies for quantum-proofing piggyback on recursive STARKs. In a recent post on X, Buterin noted that the best thing to do...
3 American Celebrities Agree to Pay $2.42M in Voyager Lawsuit Settlement
Three American sports celebrities have agreed to pay $2.425 million in monetary relief as settlements over the allegation that they promoted the now-bankrupt cryptocurrency exchange, Voyager Digital. A publicized agreement...
The SEC Urges The Court To Pass Its Proposed Final Judgment in Latest Reply Brief
The U.S. Securities and Exchange Commission (SEC) has officially filed its redacted remedies reply brief and supporting exhibits in the ongoing case against Ripple. The filing is now publicly available...
Australian Taxation Office Embarks on Crypto Scrutiny, Targets 1.2 Million Accounts
The Australian Taxation Office (ATO) is scrutinizing an estimated 1.2 million crypto-related accounts for potential tax discrepancies. According to reports, this action comes amid increasing crypto awareness in the country,...
Crypto Industry Reacts Over The SEC’s Wells Notice to Robinhood
Renowned crypto lawyer Bill Morgan thinks there is a lot of bad blood between the crypto industry and the U.S. Securities and Exchange Commission (SEC) that could degenerate into a...
The SEC Files Remedies Reply Brief, Other Filings To Follow
According to James Filan, a renowned defense lawyer, the U.S. Securities and Exchange Commission (SEC) has filed, under seal, its remedies reply brief and supporting evidence in the ongoing case...
Solv Protocol Partners With Babylon to Bridge Native Restaking Yields on SolvBTC
Foremost Chinese blockchain and crypto reporter Colin Wu has highlighted the impressive growth of SolvBTC, a Bitcoin-based cryptocurrency protocol. In a recent post on X, Wu described SolvBTC as a...
Binance Futures Set To Delist 5 Perpetual Contract Pairs Next Week
According to a recent announcement, Binance Futures will delist and update the leverage and margin tiers of several USDT perpetual contracts. Based on its recent publication, the leading crypto exchange...
There is “A Lot of Noise” in the Widespread Stablecoin Data – Visa
According to Cuy Sheffield, Head of Crypto at Visa, his company has created an Onchain Analytics Dashboard that aims to provide accurate information about the growth of stablecoins. Sheffield made...
Vodafone Plans To Use SIM Card Tech For Blockchain-based Digital Wallets
David Palmer underscored the importance of leveraging SIM card technology for blockchain integration. Existing Reports show that 8 billion mobile devices will be in use by 2030. Digital wallets on...
Bitfinex CTO Debunks Data Breach Rumors On The Crypto Exchange
Bitfinex’s CTO has debunked rumors of a suspected data breach on the crypto exchange’s platform. Ardoino highlighted irregularities contained in the claim by the acclaimed hackers. According to Ardoino, only...
XRP Plunges Ahead Of The SEC’s Upcoming Reply Brief On May 6
XRP pulled back on Saturday as users anticipate the SEC’s reply brief on May 6. The brief will follow up on the ongoing case between the SEC and Ripple. The...
Pension Funds Are Eyeing Opportunities in Crypto Investment – Fidelity
According to Manuel Nordeste, vice president at Fidelity Digital Assets, defined benefit plans and other pension funds have started talking to their investment committees about crypto assets. Nordeste made the...
Friend.tech’s Token Plunge 98% Amid Chaotic Airdrop Claim Process
Several crypto users have decried the unprecedented drop in the price of the recently launched FRIEND token of the blockchain SocialFi project friend.tech. Most users involved in the project’s airdrop...
XRP Surged Amid Increased Activity In The Ongoing Case Between the SEC and Ripple
Increased activity in the ongoing case between the U.S. Securities and Exchange Commission (SEC) and Ripple triggered investors’ interest in XRP this week. The embattled altcoin experienced notable volatility, returning...
There Is No Option of Parole For Sam Bankman-Fried – Defense Attorney
Renowned Crypto Criminal Defense Lawyer Carlo D’Angelo has aired his view on developments surrounding the sentencing of former FTX CEO Sam Bankman-Fried. D’Angelo spoke extensively with Tiffany Fong, a renowned...
Ripple Will Lose Motion To Stop The SEC’s Opposition Filing – Lawyer
Foremost crypto lawyer Bill Morgan thinks Ripple will lose its “Motion to Strike” filing in the ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). Morgan highlighted this in...
