Tag Archives: Cryptocurrency News

CoinspeakerRipple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity

CoinspeakerBrazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX The DREX CBDC will utilize distributed ledger technology (DLT) for settling wholesale interbank transactions, and retail access will rely on tokenized bank deposits. Brazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX

CoinspeakerBinance Traded USDC In for BTC and ETH Following Silvergate Collapse The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1. Binance Traded USDC In for BTC and ETH Following Silvergate Collapse

CoinspeakerSingapore Grants Blockchain.com Major Payment Institution License The new MPI license makes it possible for Blockchain.com to offer regulated digital payment token services to institutions and accredited investors. Singapore Grants Blockchain.com Major Payment Institution License

CoinspeakerCathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions. Cathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC

CoinspeakerBitstamp to Expand Derivatives Trading in Europe amid Fundraise Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year. Bitstamp to Expand Derivatives Trading in Europe amid Fundraise

CoinspeakerKenyan Authorities Raid Worldcoin Warehouse in Nairobi Following Last Week’s Suspension Worldcoin has lost its documents and machines in Nairobi to Kenyan police and other authorities in a recent raid. Kenyan Authorities Raid Worldcoin Warehouse in Nairobi Following Last Week’s Suspension

CoinspeakerPayPal Launches Its Native Stablecoin PayPal USD (PYUSD) PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens. PayPal Launches Its Native Stablecoin PayPal USD (PYUSD)

CoinspeakerFBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers Crypto scammers are trapping gullible investors by creating replica websites and social media accounts of real-life projects. Later they ask the users to connect their wallets, and siphon off the funds. FBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers

CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally