Project Mariana, an initiative whose goal was to explore the application of central bank digital currencies (CBDCs) in enhancing the efficiency and security of cross-border payments, has been successfully concluded, the Bank of France has confirmed. Even as this pilot comes to an end, one developer notes that the Bank of International Settlements (BIS) reportedly utilized the public … Read more
Coinbase, the renowned cryptocurrency trading platform, has announced that its Bermuda-based entity, Coinbase International Exchange, has received regulatory approval from the Bermuda Monetary Authority (BAM) to offer perpetual futures to retail customers outside the United States. The move marks Coinbase’s entry into the rapidly growing market for perpetual futures, which have become dominant in cryptocurrency … Read more
Ethereum, the second largest cryptocurrency by market capitalization, is showing signs of life after a period of stagnation. The asset has recently seen a significant rebound, raising eyebrows and hopes alike. While the exact numbers cannot be obtained at this moment, general sentiment around Ethereum is turning bullish. According to recent data, ETH is priced … Read more
After having given an early decision on the ARK Invest 21Shares spot Bitcoin Exchange Traded Fund (ETF) filing, the U.S. Securities and Exchange Commission (SEC) has in a fresh development delayed the filings from Blackrock and Bitwise. Hence, the chances of a spot Bitcoin ETF approval in 2023 may effectively be nullified. Blackrock Dominance The … Read more
Prominent investment manager VanEck has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). Interestingly, this development comes a few hours following news that the US Securities and Exchange Commission (SEC) was looking to fast-track the approval of some Ether futures ETF applications ahead of a US government shutdown. VanEcK Set To Launch Ethereum … Read more
One word to describe the current state of the community when it comes to the XRP price is ‘bullish’. This extreme state of bullishness is spurred on by crypto analysts far and wide presenting various bullish scenarios, with some expecting the XRP price to reach as high as $10,000. Once again, crypto analysts are seeing … Read more
Google and Microsoft-supported AI enterprise AlphaSense recently announced a successful $150 million Series E funding round. Hence, the company’s valuation has soared to an impressive $2.5 billion. This milestone comes after its June 2023 Series D round, where it secured $225 million, placing its valuation at $1.7 billion. What Sets AlphaSense Apart? Unlike the broad … Read more
XRP holder’s lawyer, John Deaton has once again called out the United States Securities and Exchange Commission (SEC) for its unrepentant approach toward the lawsuit filed against blockchain payments firm, Ripple Labs Inc. The Deaton Exception According to the highly vocal crypto lawyer, the Gary Gensler-led regulator is so comfortable with its own version of … Read more
Sam Bankman-Fried (SBF), former CEO of the now-defunct FTX exchange, will attend his trial from behind bars after the latest court decision on Thursday. Why Sam-Bankman Fried Will Remain In Jail Until Trial According to various reports, on September 28, US District Judge Lewis Kaplan denied a request from SBF’s lawyers asking for the FTX … Read more
Ripple’s Chief Technology Officer (CTO) David Schwartz has further clarified the actual use case of his company’s XRP Ledger and its utility token XRP following comments that put the network’s reputation in question. XRP’s Actual Utility A particular X page (@EthereumThaila1), which seems to be a pro-Ethereum user, had ignited this particular X thread following … Read more