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Day: October 7, 2023

  1. Home
  2. 2023
  3. October
  4. 07
  5. Page 3
XRP Could See 58x Surge, Comparable to Ethereum’s Historic Performance
  • bob
  • 2023-10-07
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • North America

XRP Could See 58x Surge, Comparable to Ethereum’s Historic Performance

Crypto analyst EGRAG CRYPTO recently suggested that XRP could experience a 58x surge, similar to Ethereum’s historical performance. XRP is currently valued at $0.5215 and if it were to follow Ethereum’s trajectory, it could reach an impressive $30.2. XRP has experienced dramatic growth in the past, with a 1,104x surge from $0.003 to an all-time […]

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PayPal Moves Toward Blockchain Ecosystem with NFT Patent Filing, Mythos Chain Surpasses Polygon and Solana in NFT Trading Volume
  • bob
  • 2023-10-07
  • Company News
  • Cryptocurrency Innovations
  • Investment Insights
  • North America

PayPal Moves Toward Blockchain Ecosystem with NFT Patent Filing, Mythos Chain Surpasses Polygon and Solana in NFT Trading Volume

Yuga Labs has announced a restructuring that has seen several roles “eliminated across the company”. CEO Daniel Alegre suggested the firm had taken on too many projects that were ultimately distracting it from its “core priorities”. Moving forward, Alegre outlined that the firm will ramp up its focus on community building, “going all-in” on its […]

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SBF Trial: Emotional Toll on Parents, Financial Blow to FTX, and Uncertain Outcome
  • bob
  • 2023-10-07
  • Company News
  • Financial Scams and Security
  • North America
  • Regulatory Developments

SBF Trial: Emotional Toll on Parents, Financial Blow to FTX, and Uncertain Outcome

The highly anticipated trial of disgraced FTX founder Sam Bankman-Fried (SBF) has not gone well for the former billionaire. The U.S. Department of Justice (DOJ) is leading the prosecution, portraying Bankman-Fried as a central player in a fraudulent scheme. Key testimonies, especially those from FTX’s current leadership, have proven particularly damaging.Gary Wang, FTX co-founder, confessed […]

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DOJ Accuses SBF of Misleading Investors: Bankman-Fried Trial Begins with Defense Denial of Secret Transactions
  • bob
  • 2023-10-07
  • Company News
  • Cryptocurrency Exchanges
  • North America
  • Regulatory Developments

DOJ Accuses SBF of Misleading Investors: Bankman-Fried Trial Begins with Defense Denial of Secret Transactions

The Sam Bankman-Fried trial began on October 4th, with the United States Department of Justice (DOJ) and the former FTX CEO’s defense presenting their arguments to the 12-person jury. The DOJ accused Bankman-Fried of deliberately lying to investors to enrich himself and expand his crypto empire, while the defense argued that he was a young […]

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Alameda Research Granted Special Privileges at FTX Exchange: Gary Wang Testifies
  • bob
  • 2023-10-07
  • Company News
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • North America

Alameda Research Granted Special Privileges at FTX Exchange: Gary Wang Testifies

Gary Wang, co-founder of FTX, revealed more details of Alameda Research’s corrupt relationship with his exchange during Sam Bankman-Fried’s fraud trial on Friday. Wang claimed that the function required for Alameda to steal client funds had been baked into FTX’s computer systems back in 2019. Alameda was granted three special privileges at FTX compared to […]

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Tron Surpasses Ethereum and Bitcoin in Daily Active Addresses
  • bob
  • 2023-10-07
  • Cryptocurrency Innovations
  • Cryptocurrency Market Analysis
  • Investment Insights
  • World

Tron Surpasses Ethereum and Bitcoin in Daily Active Addresses

Tron, a platform for deploying smart contracts and running decentralized applications (dapps), is rapidly growing its daily active addresses (DAA). According to Token Terminal, Tron has over 1.9 million DAA, more than twice those in the BNB Chain, which stood at 915,000. Ethereum and Polygon had 320,000 and 301,000 respectively, trailing Bitcoin, which had 570,000 […]

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Kraken Acquires Dutch Crypto Broker BCM to Expand European Footprint
  • bob
  • 2023-10-07
  • Company News
  • Europe
  • Mergers and Acquisitions (M&A)
  • Regulatory Developments

Kraken Acquires Dutch Crypto Broker BCM to Expand European Footprint

Kraken, a prominent virtual currency exchange network, has declared its intention to acquire Coin Meester B.V. (BCM), a respected crypto broker based in the Netherlands. This strategic acquisition aims to cement Kraken’s foothold in the European region while enhancing compliance with the changing regulatory climate.BCM was established in 2017 and has already listed 170 different […]

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