Coinbase-backed Base has seen a substantial drop in decentralized finance activities on the network, with the total value of assets locked (TVL) dropping by around 30% in the last two months. Data from DeFillama shows that the Ethereum (ETH) layer2 network’s TVL has dropped by more than 30% to $284.59 million from its September peak […]
The Italian asset manager Azimut has been targeted by the international ransomware group BlackCat, Reuters reported on July 24. Reuters said that the company disclosed the cyberattack on the same day and added that the firm has rejected any demand for a ransom payment. The company suggested that the attack did not harm client data, […]
Ripple’s top lawyer is urging U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce to speak out sooner and louder against the regulator’s hostile approach toward the crypto industry. Last week, Peirce released a statement of dissent regarding the SEC’s lawsuit against the blockchain-based file-sharing payment network LBRY, which the regulator filed in 2021 under […]
Ripple announced on Nov. 2 that the XRP token has been approved under the Dubai Financial Services Authority (DFSA)’s virtual assets regime. That approval means that virtual asset firms will be able to make use of XRP if they are licensed within the Dubai International Financial Centre (DIFC) area — a special economic zone and […]
Binance said it would delist privacy coins for users in unnamed jurisdictions from June 26, according to an emailed statement to CryptoSlate. “As part of Binance’s ongoing compliance processes, we have reached out to affected users, to notify them that they will no longer be able to purchase or trade privacy tokens on our platform […]
An altcoin with a long and storied history, Monero is currently running to the upside in a way it never has before. After closing higher for twelve consecutive days – a new record for the privacy-focused altcoin – Monero looks poised to once again make history with a thirteenth straight higher close. What’s happened after […]
In a recent speech at the DC Fintech Week conference, Ripple CEO Brad Garlinghouse addressed the company’s regulatory hurdles. He expressed his views on the cryptocurrency landscape in the United States. Ripple CEO Warns Of US Risking Market Share Loss According to a Fortune Magazine report, Garlinghouse acknowledged during his speech that despite Ripple’s success […]
Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday. Source link
It aims to create three blockchain-based payment corridors between users in Africa, UK, the GCC, and Australia. Optimism has been growing around Ripple since the partial win against the SEC. Ripple [XRP] has partnered with payments fintech Onafriq to expand its remittance capabilities, reaching customers in Africa and several Gulf nations, the United Kingdom, and […]
Payments platform Ripple Labs is collaborating with the central bank of Georgia to create the nation’s first central bank digital currency (CBDC) pilot program. In a new company blog post, Ripple says that The National Bank of Georgia (NGB) has chosen to partner with Ripple for its digital Lari (GEL) pilot project. “The pilot will […]
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