FTX Debtors have recently revealed a series of financial statements that show any transactions that benefited company executives prior to the major cryptocurrency exchange’s collapse in November 2022. The filing with the United States Bankruptcy Court for the District of Delaware disclosed payments or property transfers that directly benefited senior company executives at FTX and […]
The Securities and Exchange Commission (SEC) and Ripple Labs are engaged in a legal battle over the regulatory status of XRP. Last week, the SEC attempted to appeal a court decision allowing Ripple to use a “fair notice” defense. However, prominent lawyers have predicted the appeal’s inevitable rejection. Ripple’s chief counsel, James K. Filan, and […]
Swift, a global financial messaging network, has successfully conducted a variety of blockchain interoperability tests with multiple financial institutions such as Citi, SIX Digital Exchange (SDX), BNP Paribas, and BNY Mellon. The tests were conducted using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This is part of Swift’s strategy to ensure secure, global interoperability as new technologies […]
Bitcoin had a turbulent week, with prices surging after Grayscale’s legal victory against the SEC on Tuesday, only to lose all those gains after the regulator delayed a decision on approving seven spot Bitcoin ETFs on Thursday. The dominant cryptocurrency is currently trading at $25,798, down 0.8% in the past 24 hours.The bearish trend is […]
Dogecoin (DOGE) is currently trading at $0.063423 USD, with a 24-hour trading volume of $224,697,203 USD. It is ranked #8 on CoinMarketCap, with a live market capitalization of USD 8,932,585,099. Despite a slight decrease of 0.84% in the past 24 hours, Dogecoin continues to capture the attention of crypto enthusiasts worldwide.Wall Street Memes is a […]
Sonik Coin, a new meme coin, is set to be listed on Uniswap next week and is projected to spark a new craze in the crypto space. The presale of Sonik Coin is nearing its final three days and has already secured over $1 million, nearing its $2 million target. The coin is valued at […]
CyberConnect (CYBER) has seen a remarkable increase in its native asset, with CYBER reaching an all-time high of $15.36 on Friday. This is a 308.9% increase from one week ago, and a 77% increase in the past 24 hours. The project aims to enable developers to create social apps where users own their digital identities […]
FTX, a collapsed crypto exchange, has moved almost $10 million in altcoins from Solana to Ethereum since Aug. 31 for undisclosed reasons. The tokens include LINK, SUSHI, LUNA, and YFI, and the transfers were conducted through Wormhole Bridge. It is unclear if the transfers are connected to the exchange’s bankruptcy proceedings or its recent request […]
Western Union, a global leader in money transfer services, has announced its adoption of Ripple’s blockchain technology and XRP token. This partnership is set to revolutionize the way Western Union handles cross-border payments by leveraging the advantages of blockchain and digital assets. RippleNet, Ripple’s proprietary blockchain platform, is renowned for its low-cost, fast, and reliable […]
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the approval of spot-based Bitcoin (BTC) exchange-traded funds (ETFs) until October. This includes bids from financial firms Invesco, WisdomTree and Valkyrie. A Bitcoin ETF would give investors exposure to the crypto asset through brokerages, much like precious metals such as gold and silver. […]
