Deutsche Bank joins Singapore's asset tokenization project

There is new movement in a class-action lawsuit originally filed in May 2018, centered around allegations that Ripple violated the Securities Act through a 2013 initial coin offering (ICO) of the XRP token. On March 25, an amended complaint accuses Ripple CEO Brad Garlinghouse of touting the token to prospective investors while silently liquidating his holdings. Garlinghouse…

Bitcoin arouses passion, curiosity and has received more and more media attention, especially after having climbed the ranks of the best financial asset of the decade. However, whenever its price goes up, many doubts and questions arise, mainly around its origin and the energy expenditure by miners.The Bitcoin protocol has created a unique digital assetTo…

The funding will be used to develop debit and credit card payment rails in Asia. 2162 Total views 13 Total shares Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region.The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding…

Despite tensions flaring among Bitcoin Cash developers over the protocol’s difficulty algorithm, another chain split seems unlikely. The Bitcoin Cash (BCH) community is divided over whether to change the cryptocurrency’s difficulty adjustment algorithm, with a recent developer meeting reportedly concluding with attendees storming out of the event.On August 4, Chris Pacia, the lead developer of…

Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022. 686 Total views 21 Total shares In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC,” and make…

The collapse of Terra’s ecosystem — namely, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the wider blockchain and cryptocurrency ecosystem. Not only did Terra-ecosystem tokens (such as Anchor’s ANC) collapse in value, but the widespread fear, uncertainty and doubt sent market-leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) below $27,000 and $1,800, respectively,…

The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very concerned that price manipulation via pump and dump schemes…

The office of the New York Attorney General (OAG) has claimed that crypto exchange Bitfinex and stablecoin firm Tether have been operating in New York into 2019, according to official documents filed in the New York State Courts on June 8.The OAG has submitted these documents to fight Bitfinex and Tether’s motion to dismiss the…

After being robbed of $196 million in a flash loan attack, Euler Finance has convinced its hacker to return most of the funds. The outcome resulted from numerous back-and-forths over 23 days, eventually leading the hacker to do “the right thing.”On March 13, the Euler Finance hacker carried out multiple transactions, each draining millions of…