Tag Archives: News

CoinspeakerSony Bank to Conduct Stablecoin Trial on Polygon Sony’s attempt to perform its stablecoin trial on Polygon’s blockchain is significant as the network boasts a huge user base, thus allowing the firm to optimize the advancement and potency of the project. Sony Bank to Conduct Stablecoin Trial on Polygon

CoinspeakerPhilippines SEC Moves on eToro, Says Platform Offers Unregistered Securities Despite eToro's giant status and popularity, the Philippine finance regulator would not allow unregulated crypto business. Philippines SEC Moves on eToro, Says Platform Offers Unregistered Securities

CoinspeakerTerraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions Terraform Labs is set to deliver their final arguments in a civil fraud trial accused of defrauding investors with the TerraUSD stablecoin, which led to $40 billion in losses and wider crypto market havoc in 2022. Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions

CoinspeakerThe Resurgence of Crypto Investments in Q1 2024 The first quarter of 2024 has marked a significant turning point for the crypto industry, with venture capital (VC) investments witnessing a substantial rebound, breaking a two-year downtrend. The Resurgence of Crypto Investments in Q1 2024

CoinspeakerBinance to Restrict Accounts Without KYC Binance Exchange has detailed its plans to restrict the accounts of many of its customers, a move it believes will aid its compliance efforts. Binance to Restrict Accounts Without KYC

CoinspeakerGrayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week Grayscale Investments, a subsidiary of Digital Currency Group (DCG), announced on Thursday that it has henceforth dropped ADA and ATOM from its Grayscale Digital Large Cup Fund. Grayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week

Bitcoin cash started a strong increase above the $550 and $580 levels against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4 hours). There is also a key bullish trend line forming with support at $625 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $695 and $700 to continue higher in the near term. Bitcoin cash price is climbing above $620 against the US Dollar, like Bitcoin....

CoinspeakerRipple Announces Plan to Launch a Multichain USD-backed Stablecoin The new Ripple-backed stablecoin on the XRPL and Ethereum networks will significantly improve XRP’s liquidity through the recently unveiled AMM. Ripple Announces Plan to Launch a Multichain USD-backed Stablecoin

CoinspeakerBitcoin Supply Shortage Scare Deepens amid US Bank’s Demand This surge in direct demand from financial institutions on the miners has created a spike in the volume of shortage of Bitcoin on centralized exchanges. Bitcoin Supply Shortage Scare Deepens amid US Bank’s Demand

CoinspeakerGoogle Sues Crypto Scammers for Fake Apps on Android App Store Google, one of the world's leading technology giants, has filed a lawsuit against a group of crypto scammers for allegedly defrauding over 100,000 individuals on its app store.  Google Sues Crypto Scammers for Fake Apps on Android App Store