Bitcoin Supporter Says Ripple is a “ponzi scheme”
Outspoken bitcoin maximalist Max Keiser has made a controversial allegation, branding Ripple as a “Ponzi scheme,” adding that the millions of dollars spent by its CEO, Brad Garlinghouse, have failed…
Amazon Improves venture on AI by Investing $100 Million
Ai is going to be “the next big thing that pushes even more customers to want to be in the cloud,” CEO Selipsky forecasted. Amazon Web Services (AWS) – the…
Robinhood Acquires Credit Card Firm X1 for Whopping $95 Million
X1 announced $50M in monthly volume and $1 billion in annualized spending last year. This is the seventh fintech company Robinhood has purchased in the last four years.By purchasing X1,…
Cardano Founder Denies Rumors of Working Earlier for Ripple.
Hoskinson has made it clear that he has never done any kind of work for Ripple.Vitalik Buterin reportedly said in 2013 that he applied to be an intern at Ripple.After…
South Korea’s Telecom Giant KT to Invest $5.3B in AI by 2027.
This week, KT conducted a press conference at the Novotel Ambassador Dongdaemun.The whole industry is expected to be worth a mind-boggling $15.7 trillion by 2030.South Korean telecom giant KT, previously…
Yuga Labs Announces Launch of Official Book on CryptoPunks.
Yuga Labs has announced a new collaboration with Zak Group for the book launch.The book will have “untold stories” related to the project, as promised by Yuga.CryptoPunks, which launched six…
Crypto Wrap of the Week: Traditional Banking Giants Make Crypto Moves.
BlackRock and Deutsche Bank amplify institutional interest in cryptocurrencies.Bitcoin value rebounds, driven by increasing institutional investments.Traditional finance is progressively embracing digital asset strategies.According to reports, just five years ago, BlackRock…
TrueUSD Announces Having No Business With Failing Prime Trust
Prime Trust allegedly froze all fiat and cryptocurrency deposits and withdrawals.TUSD deviated from its dollar peg in the early hours of June 10.On June 22, TrueUSD tweeted that its TUSD…
Celsius Creditors Blame Wintermute for Assisting Wash Trading.
Celsius investors claim assistance of market maker in Wash Trading,Wintermute rejects claims of involvement in improper trading.The bankrupt cryptocurrency lending platform has leveled allegations against Wintermute, a prominent crypto market…
U.S SEC Postpones $30M Penalty Payment of Insolvent BlockFi
A $50 million settlement with the regulator was reached in February 2022.On May 11th, a federal court authorized BlockFi to refund $297 million to clients.For the time being, Insolvent crypto…