The crypto market has turned bearish since the SEC charged Binance and Coinbase with listing unregistered securities last week. The cryptocurrency market is in a crucial growth phase that could significantly determine the winners of blockchain mainstream adoption. The fact that different countries are coming up with respective crypto policies is a true testament that there is a need for an update on the decades-old financial systems. Notably, Europe, Hong Kong, Middle East countries, El...
Read More »Orbs Debuts Permissionless Beta Launch of DAO Solution – TON.Vote
As the permissionless beta launch of TON.Vote. goes live, Orbs’ L3 Guardians technology will be required to boost security. Layer-3 infrastructure network for Decentralized Applications (DApps) Orbs has announced the permissionless beta launch of TON.Vote. According to the Press Release shared with Coinspeaker, TON.Vote is the new Decentralized Autonomous Organization (DAO)-based governance solution for The Open Network (TON). According to Orbs, any TON-based project focused on infusing...
Read More »Ripple v. SEC and the Hinman Speech: What Happened Behind the Scenes
The U.S. Securities and Exchange Commission (SEC) has released its long-awaited internal documents related to former commissioner William Hinman’s speech on digital assets in 2018. The reveal incited fury from Ripple CEO Brad Garlinghouse, who has now accused the SEC of willingly throwing “an entire industry into chaos” by releasing the speech. Hinman Ignored All Warnings According to now publicly available emails from the SEC, the agency warned Hinman multiple times that...
Read More »Atomic Wallet Hackers Used OFAC-Sanctioned Garantex to Launder Stolen $35M: Report
The crypto assets stolen during the Atomic Wallet hack have found their way to the sanctioned Russia-based cryptocurrency exchange Garantex, with the attackers trading the tokens for Bitcoin (BTC). According to a tweet from blockchain analytics provider Elliptic, the hackers, believed to be part of the North Korean notorious Lazarus Group, have turned to Garantex as several crypto exchanges are working together to freeze funds related to the hack. Atomic Wallet Hackers Turn...
Read More »Generative AI Video Platform Synthesia Raises $90 Million at $1 Billion Valuation
Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide. Synthesia, a leading artificial intelligence (AI) company based in London, has successfully raised $90 million in a series C funding round, bringing its total valuation to $1 billion. The company’s groundbreaking AI technology, Synthesia, enables enterprise users, including HR professionals and marketers, to create high-quality video content in 15 minutes...
Read More »The Fed Could Hike Rates Again; What Will Happen to BTC?
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin, Ethereum, and many other assets have experienced certain degrees of healing in the year 2023, a big turnaround from the previous 12 months, though the fact remains that the Fed is still looking into hiking rates, and another rate jump could be right around the corner. The Fed Could Hike Rates Again It...
Read More »SEC Chief Gary Gensler Called BTC, ETH ‘Not Securities’ in 2018
A newly-surfaced video that dates back to 2018 showed that the current Chairman of the US Securities and Exchange Commission (SEC) – Gary Gensler – classified several cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), as “not securities.” His stance from nearly five years ago contrasts with his nowadays vision. Gensler has argued several times that the only digital asset which could categorize as a commodity is BTC. Gensler’s View Before Becoming SEC Chair The...
Read More »Bitcoin Price Stabilizes in $26K Range Following Recent Regulatory-Induced Volatility
The price of Bitcoin is now experiencing some stability after heavy volatility following last week’s events in the crypto sector. The price of Bitcoin (BTC) seems to have stabilized as the world’s largest cryptocurrency by market cap recovers from recent volatility. Throughout last week, Bitcoin was unstable following regulatory issues that plagued the crypto industry and caused uncertainty and doubt. According to CoinMarketCap data, Bitcoin is trading at $26,147 after climbing less...
Read More »Biden Wants to Tax Crypto Mining Companies at 30%
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Biden and his fellow group of nation haters are once again setting their sights on cryptocurrency. Biden is asking Congress to pass a new 30 percent tax on all crypto mining operations. Biden is Again Attacking Crypto The goal is to allegedly prevent climate change and stop the crypto mining arena from having a...
Read More »Fortune Ranks Ripple as One of Best Places to Work in Bay Area
After the analysis of thousands of feedback from employees across various workplaces in the Bay Area, Ripple was named among the top 10 in the Fortune Magazine ranking of the best workplaces in 2023. The Great Place to Work ranking is based on employees’ experiences and general feedback about their workplaces. The data is usually gathered to see how companies can improve based on the information derived about specific needs. In conducting the analysis, they use a Trust Index survey to get...
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