Rawan Alamin
SEC Stymies XRP’s Attempt to Build Use Case for on Demand Liquidity
The SEC’s need to mention XRP’s inherent value in its motion is controversial, according to lawyer Bill Morgan. This SEC attempt is seen as a…
Crypto Lawyer Exposes SEC’s Financial Interests: Are Regulations Biased?
John Deaton questioned many SEC seniors' ethics and mentioned instances of conflicts of interest. Former SEC director William Hinman benefited financially from a law firm…
OpenSea Ranks First in the Top 10 NFT Marketplaces by Number of Traders
Crypto Rank shared the top 10 NFT marketplaces by number of 30-days active traders. OpenSea stood on top of the list with a total of…
$13.3M Is Stolen as a Result of SIM Swap Scams, ZachXBT Claimed
ZachXBT shared that more than $13.3 million has been stolen in the past four months as a result of 54 SIM swap scams. Most of…
Base Exceeds Ethereum Daily Transactions, Thanks to FriendTech
According to Brian Armstrong, Base reached 16 transactions per second, thanks to FriendTech. Base’s daily transactions exceeded Ethereum’s transactions on August 21, 2023. People were…
Binance Shuts Down Crypto Payment Services on August 16
Binance Connect, a global payment infrastructure by Binance, will shut down on August 16. The company’s spokesperson stated that this decision is in alignment with…
FTX Former Executive Ryan Salame Refuses To Testify Under Oath
Ryan Salame, FTX’s former co-chief executive, was declared unavailable to testify and, if subpoenaed, would invoke his right against self-incrimination. Salame allegedly donated more than…
Web3 Games on the Rise; $297 Million Investment Pours Into Gaming
$297 million in investment funding went to Web3 games in July 2023. The blockchain gaming sector accounted for 41% of the industry’s engagement. Google Play…
PayPal’s Stablecoin Is Harshly Criticized by Top Democrats
Maxine Waters criticized PayPal’s new stablecoin and believed that PayPal launched the stablecoin in the absence of US regulations. Without legislation, consumers are at greater…
China’s Blockchain-based Project Threatens US $7T Dominance
China’s latest project threatens the US dollar’s dominance over foreign exchange flows. Critics expressed concern over evading sanctions, taxes, and rules on money laundering. The…
