There’s been a rumor circling cryptocurrency-oriented social media circles throughout the past couple of days, that Ripple is planning to buy back 10 billion XRP tokens, currently worth just shy of $5 billion. The first to question the rumors was John Deaton, a lawyer representing thousands of XRP holders, who said he doesn’t believe it until the company itself confirms it. The rumors were spreading like wildfire, though, as it tends to oftentimes be the case. David Schwartz,...
Read More »Apple to Launch New Products Including iPhone 15 and Watch Ultra This Year
Apple would likely go ahead with a fall release for the iPhone 15, along with a few other new products slated for this year and 2024. Apple has a few new products in its roadmap for 2023 and well into 2024. The expected new products include the iPhone 15 and a new Apple Watch, among others. A Bloomberg report has highlighted products Apple lovers should expect following the company’s Vision Pro mixed-reality headset debut. For instance, Apple intends to release the iPhone 15 sometime in...
Read More »Gemini Allows Voyager Victims to Claim Funds: Report
In a major relief for the customers impacted by the Voyager bankruptcy, crypto exchange Gemini has announced the enabling of withdrawals. The crypto transfer window will end on July 23, 2023. In a recent blog post, Gemini confirmed allowing withdrawals for victims of the Voyager bankruptcy case while simultaneously offering a promotional welcome to all Voyager customers who join the crypto exchange. The exchange plans to offer $5 in BTC to new US customers from the bankrupt...
Read More »Bitcoin Gains New Technical Stability, Implying More Gains Are Coming
Positive signs are emerging for bitcoin on technical charts. The world’s number one digital currency by market cap is holding a key support level that could insinuate bullish trends will again emerge for the asset in the coming weeks and months. Bitcoin Gains Traction Bitcoin fell by nearly six percent in mid-May. However, the asset – at the time of writing – has since risen by more than one percent and is trading in the low $27K range. Some believe this is because bitcoin has been largely...
Read More »Japan’s National Tax Agency Says Crypto Startups Will Not Pay for Unrealized Gains
The move is expected to attract crypto investors who had fled the country following the heavy burdens caused by taxations of unrealized profits. Undeniably, the cryptocurrency and blockchain markets have turned out to be a huge backbone for the development of economic growth prospects in many markets around the world. By now, it is safe to bet that countries have a clear understanding that the cryptocurrency and blockchain industries are here to stay and thus prudent to tap into their...
Read More »Terra Classic Engineers Working on Major Revival Plan with ‘Six Samurai’ Proposal
The ‘Six Samurai’ proposal presents roadmap to important components such as the migration from Columbus-5 to Columbus-6 and an upgrade to the Cosmos SDK. Six engineers working on the Terra Classic ecosystem have proposed a ‘Six Samurai’ plan for the complete revival of the blockchain ecosystem. This development comes as some community members of Terra have been looking to break away entirely from the shadows of disgraced founder Do Kwon and bring new life to the LUNC ecosystem. Terra...
Read More »Singapore’s Central Bank Proposes Interoperable Network Design for Tokenizing Assets
Singapore’s MAS created the report with 11 banking giants to run several pilots improve market issuance by tokenizing assets. The Monetary Authority of Singapore (MAS) is proposing a framework to develop open and interoperable networks for tokenizing assets. On Monday, the central bank published a report containing details of its proposal, called Project Guardian. The publication states that the MAS is already collaborating with 11 organizations working to develop and test tokenization...
Read More »HSBC Approves Bitcoin and Ethereum ETF Trading in Hong Kong
In conjunction with its decision to allow Bitcoin and Ethereum ETF trading, HSBC has launched the Virtual Asset Investor Education Centre. HSBC Holdings plc (LON: HSBA), the largest bank in Hong Kong, has made history by becoming the first bank in the region to offer crypto trading services to its customers. As revealed by Independent Chinese Journalist, Wu Blockchain, customers can now buy and sell Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) listed on the Hong Kong...
Read More »Bitcoin Is Finding New Support Thanks to Meme Tokens
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin is being driven crazy by a new standard known as BRC-20, which basically enables the establishment of new tokens like meme currencies on its blockchain. Bitcoin and Meme Tokens… A Perfect Match? Bitcoin has always been a straight-up digital asset. While it has a blockchain network supporting it (like...
Read More »Web3 Security Platform Redefine Partners with Safe for Blockchain Transaction Security
Self-custody infrastructure provider Safe (formerly known as Gnosis) has announced a strategic partnership with blockchain security firm Redefine. The main aim is to enable users to transact with “more confidence” by diligently checking each transaction which can be achieved by integrating Redefine’s pre-transaction risk assessment tool DeFirewall into Safe’s user interface. Enhancing Blockchain Security According to the official press release shared with CryptoPotato, the...
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