Altcoins

If there’s ever been an artist suited for the digital renaissance of putting art on the blockchain, it would be Matt Kane — a traditional artist who transitioned into digital art by writing his own software and pushing boundaries impossible in the physical art world.  Kane is most known for his collection “Gazers,” which launched

Ripple has clinched two prestigious awards at Juniper Research’s Future Digital Awards for Fintech & Payments 2023. Juniper Research revealed yesterday, on October 3, that the fintech company has been honored with the “Sustainability in Fintech Innovation of the Year”  and the “CBDC Innovation” award. Ripple Impresses With Its CDBC Initiatives The “Sustainability in Fintech

Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols.  In blockchain technology, mining algorithms are necessary for transaction verification and network security. A mining algorithm instructs miners’ computers to follow a set of rules to generate a valid block.  Proof-of-work (PoW) is the well-known consensus algorithm used by

Decentralized social media (DeSo) application Stars Arena has caused a major uptick in activity on Avalanche’s C-chain network. As network activity increased, so did the price of the network’s native AVAX (AVAX) token, which has gained more than 8% in the last 24 hours.  Launched in late September, the Friend.tech-inspired Stars Arena has seen the

United States 10-year Treasury yields soared above 4.8% on Oct. 3, their highest level since 2007. DoubleLine Capital CEO Jeffrey Gundlach said in a post on X (formerly Twitter) that the spread between the 2-year and 10-year Treasury yields has narrowed from 109 basis points a few months ago to 35 basis points. He cautioned

The United States Securities and Exchange Commission (SEC) has been dealt another setback in its ongoing legal battle against Ripple Labs. District Court Judge Analisa Torres has dismissed the SEC’s interlocutory appeal motion. On October 3, Judge Torres based her decision on the regulator’s failure to convincingly demonstrate “controlling questions of law” and “substantial grounds

In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow investors to lock up crypto collateral and mint fiat-pegged stablecoins, including a U.S. dollar-based token called dUSD. It raised $10 million from investors that year, but it suddenly closed up shop in

Cryptocurrency assets experienced inflows for the first time in six weeks during the week of Sep. 22-28, according to the latest Digital Asset Fund Flows Weekly Report from European digital assets management firm CoinShares. Bitcoin was the biggest gainer with inflows in the amount of $20.4 million for the week. Good week, everyone. Here are

Pro-XRP legal expert John Deaton has again come for the US Securities and Commission’s (SEC) Chairman Gary Gensler in its battle against Ripple. This time, he questions Gensler’s competence and calls for his dismissal from the Commission. Gensler Doesn’t Know What Security Means In a tweet shared on his X (formerly Twitter) platform, Deaton stated that

The United States legislators in the House and Senate came to a temporary agreement on Sep. 30 and averted a government shutdown for 45 days. This news could have acted as a catalyst for Bitcoin’s (BTC) sharp rally on Oct. 1. Additionally, the historically strong performance of Bitcoin in October could have boosted sentiment further.

Ripple Labs, a prominent blockchain technology firm, has recently appointed Lauren Belive, a former US White House staff member, as Head of US Public Policy and Government. This appointment comes at a crucial juncture as Ripple executives have publicly voiced their concerns and criticisms regarding the US government’s recent position on cryptocurrencies.  In response, Ripple

Following Judge Analisa Torres’s ruling that programmatic XRP sales did not qualify as securities, the SEC filed an interlocutory appeal with the court. This meant that the US Securities and Exchange Commission (SEC) did not agree with the ruling, and while the interlocutory appeal has been approved by the court, pro-XRP lawyer John Deaton has

In a significant announcement, the National Bank of Georgia (NBG) has shortlisted Ripple Labs alongside eight other firms as potential technology partners for its Central Bank Digital Currency (CBDC) pilot project titled “Digital GEL.” Ripple Is In The Shortlist Of Nine In an official press release dated September 28, 2023, the NBG disclosed its intent

Bitcoin (BTC) is attempting to trade above $27,000 which is a positive sign. In the past few days, Bitcoin’s price held up above $26,000 in adverse conditions when the United States dollar index (DXY) was rising sharply and the S&P 500 index (SPX) was plunging. This suggests that selling dries up at lower levels. The

In a surprising turn of events, Ripple CEO Brad Garlinghouse announced that the company has decided to abandon its direct acquisition of financial institution Fortress Trust.  The decision marks a significant departure from Ripple’s earlier intention to acquire the firm, as they had signed a letter of intent just a few weeks ago.  However, Garlinghouse

Global businesses are confronting significant headwinds as cross-border payment volumes have rebounded to pre-pandemic levels while grappling with the looming challenges of escalating interest rates. Amidst these complexities, Ripple Labs’ latest insights into the shifting economic landscape reveal their crypto-enabled payment solutions as a countermeasure. Major Pain Points In The Economic Landscape In their recent