Canary Capital follows Bitwise in filing for spot XRP ETF

"A digital euro could be a complement to, not a substitute for, cash," Lagarde said. Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde.Speaking at an online meeting of the Franco-German Parliamentary Assembly on Sept. 21, Lagarde stated that the bank…

We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional returns on your investment. NFTs have become even more attractive due to this development.More and…

The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. 323 Total views 2 Total shares The United States Department of Treasury and Internal Revenue Service (IRS) have filed 45 claims worth $44 billion against bankrupt cryptocurrency exchange FTX and its subsidiaries.In what appears to be a tax…

A former executive of a Hollywood-based digital marketing firm has admitted to embezzling $22 million from his employer to buy digital currency.The United States Attorney’s Office of the Central District of California announced on Nov. 22 that Dennis Blieden had pleaded guilty to wire fraud and identity theft. Blieden embezzled over $22 million from his…

Exodus’ donation to the political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”

In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged stablecoin PayPal USD (PYUSD). In line with expectations, the launch has ignited a complex debate within the crypto community.Ethereum’s daily active user base hovers between 300,000 to 400,000, which is a fraction of PayPal’s colossal user…

Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators. Per an interpretive letter from the U.S. Office of the Comptroller of the Currency released on Monday, national banks will be free to hold reserve currencies for stablecoins.The new guidance reads, "We conclude that a national bank may…

Bitcoin (BTC) fell below $17,000 on Nov. 9 as rumors spread over crypto exchange Binance exiting a deal to buy embattled competitor FTX.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance CEO: "Do not trade FTT"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $16,936 on Bitstamp before rebounding.The latest dive hit an already shaky market, which…

Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks. One project that has benefitted from the growth of the L2 scaling solutions is Synthetix (SNX),…