Nynu V Jamal
Standard Chartered Launches Crypto Custody in UAE, Eyes Institutional Market
Standard Chartered launches digital asset custodial services in the UAE. The bank secured the license from the Dubai Financial Services Authority. Via Brevan Howard Digital,…
Taiwan’s Tech Exports Boom, Driven by AI and U.S. Demand
Taiwan’s exports saw a massive surge of 16.8% to reach $44 billion in August. The notable hike is driven by the growing demand for chips…
Crypto Scams Cost Americans $5.6 Billion in 2023: FBI Report
The FBI reports that the US citizens lost about $5.6 billion in crypto frauds in 2023, up 45% from 2022. The report identified that the…
Ethereum Advisor Sues Law Firm for $100 Million Over Mishandled Case
Steven Nerayoff files a lawsuit against the law firm Covington & Burling. The case alleges that the firm mishandled Nerayoff’s defense in a 2019 extortion…
Ripple’s RLUSD: Institutions-Only at Launch, CTO Confirms
Ripple CTO David Schwartz asserts that RLUSD will be initially accessible only to institutions. Schwartz guarantees RLUSD will be less vulnerable to market manipulators and…
Crypto’s Correlation with Equities: A Closer Look at Market Trends
The crypto market is highly correlated with the stock market, moving in tandem with the latter. The US job report cites reduced unemployment rates, to…
Crypto’s Banking Access Shrinks: United Texas Bank Latest Casualty
The US Fed issues a cease and desist order against United Texas Bank. David Schwartz slams it as an indirect attack on the crypto sector.…
India’s Crypto Market to Expand: Two More Global Exchanges to Get Approval
India’s FIU is planning to approve two more offshore crypto exchanges to join Binance and KuCoin. The approval follows a rigorous evaluation of features, including…
Robinhood Crypto Settles with California for $3.9M Over Withdrawal Issues
Robinhood LLC settles with the State of California for $3.9 million. The settlement resolves allegations of freezing crypto withdrawals from 2018 to 2022. The firm…
XRP Price Unfazed by Ripple’s Upcoming RLUSD and Smart Contracts
XRP remains unaffected by the recent developments in the Ripple ecosystem. RLUSD stablecoins will be launched soon, and XRPL will see smart contract functionalities. Bill…
