In the most recent report on cryptocurrency fund flows from CoinShares, there’s been a significant change in the investment landscape for digital currencies. Among all the assets, XRP has stood out with an impressive gain. While there was a total withdrawal of $126 million from investment products for digital assets last week, XRP-focused funds have … Read more
Today, the Hong Kong Securities and Futures Commission (SFC) gave its approval for two Bitcoin and Ethereum exchange-traded funds (ETFs) to be listed for trading within the next fortnight. This news has sparked significant excitement in the cryptocurrency world, indicating a growing acceptance of crypto investment vehicles. Nevertheless, a pressing concern among investors is whether … Read more
Beginning in July, the UK will strictly enforce its new crypto and stablecoin laws, as announced by Economic Secretary Bim Afolami. In an effort to establish the UK as a leading crypto hub, the government is introducing these regulations. The implementation of these rules aligns with the global push for improved cryptocurrency regulation. UK Crypto … Read more
On Monday, the Hong Kong Securities and Futures Commission (SFC) made public its approval of several Spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs), enabling their trading. This development, which had been eagerly anticipated in crypto circles, came after a significant delay. True to form, this announcement sparked a bullish market response, leading to a noticeable … Read more
Vitalik Buterin has carried out a series of transactions that have raised some eyebrows. Using the Railgun privacy protocol, Buterin transferred 100 ETH, equivalent to around $325,000, with no apparent explanation. Using Railgun, users can now enjoy enhanced privacy in the DeFi sector. This innovative technology conceals details such as token type, quantity, and transaction … Read more
In simple terms, the monetary structure of Germany is poised for a major shift as its biggest federal bank intends to enter the cryptocurrency sector, focusing on attracting institutional investors. This significant action by the bank demonstrates the increasing recognition and integration of digital assets into the conventional financial system. Based on Bloomberg’s report, Germany’s … Read more
On Sundays, the crypto market showed signs of tranquility after significant losses and damaging sell-offs that occurred on Friday. The price of Bitcoin dipped down to a low of $61,000 due to the market’s response to geopolitical uncertainties in the Middle East towards the end of last week. In spite of investors experiencing significant losses, … Read more
Neil Hartner, a former senior software engineer at Ripple Labs, explained the ongoing issue with the USDC/XRP Automated Market Maker (AMM) pool in simple terms. During a recent discussion on this topic, he went into detail about the technical complexities causing the imbalance. Furthermore, he answered users’ questions and clarified how AMMs function. Ripple Alum … Read more
Elon Musk, nicknamed the “Dogefather,” is considering laying off approximately 15,000 Tesla employees in an attempt to reduce costs substantially and enhance productivity within his company. Concurrently, Dogecoin, a cryptocurrency linked to Musk through memes, experienced a minor price drop according to Trading View data. This incident highlights Musk’s considerable impact on DOGE and emphasizes … Read more
The Terra Luna Classic community has rejected a suggestion for forming a central team to oversee all developments on the Terra Luna Classic blockchain. Although the proposal holds potential, many community members and validators believe it is insufficiently detailed and contradicts the pay-per-job (PPJ) principle. Terra Luna Classic Community Rejects Core Team Proposal Proposal 12093, … Read more