MEXC Ventures Invests in The Open Network, Partners with TON Foundation

MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network (TON), the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision of both companies in promoting global […]

MKR Surges 185% YTD, Network Activity Hits 10-Week High

MKR, the native token of MakerDAO, has seen a significant 185% increase in its value year-to-date (YTD). This surge is attributed to the successful implementation of incentive schemes aimed at increasing the supply of Dai, such as the Dai Savings Rate and the allocation of US T-Bills by the DAO.The active addresses of MKR have […]

Ripple Secures Major Payments Institution License from Singapore MAS

Ripple, a global payments provider, has been granted a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide regulated digital payment token services in Singapore, and to continue driving the adoption of its crypto-enabled payments solutions in the Asia Pacific region.The license approval comes after MAS […]

Ripple Wins Partial Victory in Legal Battle Against SEC

Ripple, a company that seeks to enable global financial institutions to “move, manage and tokenize value”, has recently won a partial victory against the U.S. Securities and Exchange Commission (SEC). The legal case had been a source of uncertainty for the company, but a federal judge has already ruled against the SEC’s plan to appeal […]

EOS Network Foundation CEO Shares Insights on $4 Billion ICO, Technical Advances, and Challenges

Yves La Rose, the CEO of the EOS Network Foundation, recently shared his insights into the evolution of EOS, its technical advancements, and the challenges it faces in the latest episode of CryptoPotato’s podcast. La Rose began his foray into the crypto realm in 2010 and returned in 2017 to become associated with EOS. He […]

MEXC Ventures Invests in TON, Partners with TON Foundation to Promote Web3 Accessibility

The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight-figure investment from MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, and the two have entered into a strategic partnership aiming to promote global […]

Bank of Korea Unveils Roadmap for Wholesale Central Bank Digital Currency

The Bank of Korea (BoK) has unveiled its roadmap for a wholesale central bank digital currency (CBDC). This initiative seeks to explore the Bank for International Settlements’ (BIS) Unified Ledger concept, which would allow both the CBDC and other tokenized assets to coexist on a singular network. The BoK is also looking to harness Korea’s […]

Ripple Makes Fintech 100 List and Achieves Legal Victory Against SEC

Ripple, the company behind the XRP token, has been included in the Fintech 100 list for its work in modernizing cross-border payments. This recognition comes after the crypto firm achieved a legal victory against the US Securities and Exchange Commission (SEC). Ripple was also ranked 13th in Fortune Magazine’s “Best Workplace in Technology” for 2023 […]

Ripple Secures Major Payments Institution License in Singapore, XRP Price Surges

Ripple, a blockchain startup, has achieved a major victory by securing a full license to offer digital token payment services in Singapore from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide digital token payment services in the country and marks an important step towards the adoption of digital assets.The news of […]