In a recent analysis by data agency CCData, the South Korean digital asset platform, Upbit has surpassed leading global exchanges, Coinbase and OKX, in spot trading volume. This shift coincides with the ongoing regulatory challenges faced by Binance, the largest
Brian Armstrong, CEO of Coinbase, has clarified the exchange’s intent to potentially integrate the Lightning Network, Bitcoin’s prominent Layer-2 scaling solution. In response to Jack Dorsey’s criticism, co-founder of financial services company Block Inc., Armstrong allayed concerns over Bitcoin and
The XRP community, which recently rejoiced over a decision in the ongoing Ripple versus SEC case, may need to prepare for a fresh round of legal battles. Judge Jed Rakoff of the Southern District of New York issued an order
The third halving of Litecoin, one of the earliest cryptocurrencies, will occur on August 2, 2023. Litecoin, introduced in October 2011 as a Bitcoin competitor, has established itself in the cryptocurrency industry, sometimes called Bitcoin’s “silver.” This upcoming halving event will further
Mark Zuckerberg’s Reality Labs division has lost $40 billion since 2021, but that won’t stop Meta from plowing even more money into the project. The revelations came with the release of Meta’s second-quarter results for 2023. The end of the
FTX founder Sam Bankman-Fried has been accused of intimidating witnesses ahead of his upcoming fraud trial in a new twist to the unfolding legal drama. Consequently, prosecutors now argue that he must face jail time. They present this pressing argument
After months of contentious bankruptcy proceedings, embattled cryptocurrency firms FTX and Genesis Global Capital are on the verge of a settlement. Recent court filings indicate that the two parties, embroiled in a dispute worth billions of dollars, have achieved a
In the rapidly evolving landscape of cryptocurrencies, the unexpected death of influential personalities can send ripples across the industry. This tragic reality was underscored by the shocking death of Fernando Pérez Algaba, a crypto influencer, and entrepreneur, whose dismembered body
On July 26, a United States House panel granted preliminary approval to two potentially transformative cryptocurrency regulatory bills. This significant stride considered a massive victory for the American crypto industry, hints at the emergence of much-needed regulatory clarity in the
Despite the ongoing ambiguity within the U.S. legislative landscape concerning cryptos, Senators Cynthia Lummis and Kirsten Gillibrand’s proposed bill addressing the matter has been met with resistance from influential figures within the crypto space. Mr. Huber, a voice within the
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