Brian Armstrong, the co-founder and CEO of leading American cryptocurrency exchange Coinbase, believes the U.S. Securities and Exchange Commission (SEC) is on a lone crusade in the push for regulatory clarity in the country, as the agency’s stance on the matter is different from that of Congress and other federal regulators. During a Monday interview with CNBC, the CEO insisted that SEC chair Gary Gensler is attempting to regulate the American digital asset industry from an...
Read More »Not Everyone Is Convinced Bitcoin Is Moving in the Right Direction
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has soared following the bank crisis that occurred earlier in the year, but many analysts – despite clear evidence that the world’s number one digital currency has risen exponentially – don’t think the asset is moving in the right direction or think it’s doing as well as so many of their peers believe....
Read More »The Web3.Conference Will Gather Web3 Builders and Creators this May in Amsterdam
[PRESS RELEASE – Amsterdam, Netherlands, May 8th, 2023] The Web3.Conference is the premier event to guide you around the fascinating world of Web3. Participants can explore, learn, network, and gain insights into the latest trends and use cases emerging within this new internet standard. With a lineup of famous speakers, industry leaders, marketers, developers, investors, and entrepreneurs, the conference promises a day packed with insightful talks and networking. Key topics...
Read More »Ripple to Expand to Dubai, Says CEO Brad Garlinghouse
Ripple is opening an office in the heart of Dubai International Financial Centre (DIFC) and acquiring Swell Global 2023. Ripple, one of the most popular cryptocurrency firms, has announced its expansion in other countries. The company is all set to expand to Dubai, according to Chief Executive Officer Brad Garlinghouse. Garlinghouse also disclosed the development at the Dubai Fintech Summit that is happening today and talked passionately about the customer base in the Middle East....
Read More »Immutable Launches Decentralized Blockchain Payment Solution for Digital Goods
Immutable Checkout boasts a one-stop-shop payment solution for digital products like in-game items and NFTs. Immutable has introduced a new payment solution for decentralized games and the Web3 marketplace. Reports state that the blockchain gaming firm’s new scheme promises to make payments more seamless and straightforward. The consensus is that the solution, called Immutable Checkout, will also revolutionize online transactions involving digital goods. This will happen because the...
Read More »NFT Traders Sell BAYC Below Floor Price to Buy PEPE
Certain traders have recently sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a discount to invest in the now-trending memecoin – PEPE. The asset has been among the best performers in the crypto market lately, as its price has surged by over 600% over the last two weeks before cooling off in the past 24 hours. Shifting From NFTs to PEPE The popular Twitter user Cirrus revealed recently that some traders had sold 14 BAYC NFTs below their floor price during the...
Read More »PacWest Cuts Dividend as Regional Banks Recovery Deepens
Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods. PacWest Bancorp (NASDAQ: PACW), an American regional bank with headquarters in Beverly Hills, California has reduced its shareholder’s dividends amid the current banking crisis. This bold gesture has helped ticked the sheer recovery in the shares of the regional bank. As reported by...
Read More »Ripple CEO Brad Garlinghouse Reveals Legal Cost of Fighting SEC at Dubai Fintech Summit
Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year. The SEC vs Ripple Labs lawsuit is slated to be one of the largest legal fights for blockchain and cryptocurrency development in the United States for the next decades. Already, hundreds of projects on Ethereum using the ERC-20 standard, and other Layer One blockchains that undertook initial coin offerings (ICO) in the United States are eagerly waiting for the final ruling by...
Read More »Q1 of 2023 Was the Best Quarter for Bitcoin in 2 Years
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up For bitcoin, 2023 has been a year of vast turnaround. A report was issued in late March showing that the world’s number one digital currency enjoyed three straight months of solid gains, and the asset doesn’t appear to be showing serious signs of slowing down. Bitcoin Has Had a Great Year Thus Far This is a...
Read More »TUSD Readies Operation Plan for International Transition
[PRESS RELEASE – Singapore, Singapore, May 8th, 2023] TrueUSD (TUSD), a leading stablecoin provider, announced its intention to implement a plan for the international transition of its management services, reflecting an emerging industry trend of international expansion. Since its inception in 2018, TUSD has led industry innovation in the stablecoin sector with a strong emphasis on client due diligence and regulatory compliance while growing its reserve portfolios in...
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