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…
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…
JPMorgan Introduces Euro-Based Payments System With JPM Coin.
In 2019, JPM Coin, a digital currency used to transact US dollars, was released.So far, JPM Coin has handled over $300 billion in transactions.JPMorgan Chase & Co., a major financial…
Crypto Analyst Reveals Bitcoin to Reach $43,000.
Bitcoin’s multi-timeframe analysis suggests a potential bullish rally. Technical patterns indicate a positive outlook for Bitcoin’s price movement. Caution is advised due to cryptocurrency market volatility and unforeseen events. In…
BITX Becomes First SEC-Approved Leveraged Crypto ETF.
The SEC has approved the first leveraged Bitcoin futures ETF. Leveraged crypto ETFs offer more accessible investment opportunities. The U.S. Securities and Exchange Commission has approved the first leveraged Bitcoin…
Killing Crypto is Not Effective in the Long Term ~ IMF
The International Monetary Fund (IMF) has released a report on the growing interest in Central Bank Digital Currencies (CBDCs) while acknowledging that banning cryptocurrencies is not a sustainable solution.On June…