JPMorgan Tests Private Blockchain to Track Auto Dealer Inventory
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Ripple CEO Garlinghouse Intends to ‘Press Our Advantage’ With New Investments
news Blockchain payments startup Ripple is looking to make new investments and acquisitions, with a few deals reportedly underway, according to the company CEO. This announcement comes in light of Ripple’s Q2 report, which detailed the company’s total sales of its native token XRP increasing by nearly 48 percent to $251 million. This growth was…

Bitcoin’s 3-Day Price Charts Point to an Impending ‘Golden Cross’
markets A bitcoin price indicator is about to turn bullish for the first time since the early stages of the 2016-17 bull market. The 50-candle moving average (MA) on bitcoin’s three-day chart is in a solid upward trajectory and looks set to cross above the 200-candle MA in the next few days. That would be…

Ripple’s General Counsel Exits Startup, Spokesperson Says
Ripple general counsel Brynly Llyr has exited the blockchain payments startup, a spokesperson told CoinDesk on Friday. Llyr joined the company in 2016 as its top legal officer, remaining a part of the team for two and half years. While no reason was provided for her departure, a Ripple spokesperson told CoinDesk that her leaving…

SEC Sues Consensys Over MetaMask Staking, Broker Allegations
The U.S. Securities and Exchange Commission sued Ethereum software provider Consensys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that "engaged in the offer and sale of securities." MetaMask also offered an unregistered securities program through its staking service, the SEC alleged in a filing in the courthouse in the

Chillguy Creator Threatens Legal Action as Crypto Trenches Scour TikTok
Phillip Banks, the creator of the "Chill Guy" meme, said he's copyrighted the character and plans to issue takedown notices for any for-profit use. Notable figures in the crypto community responded by humorously suggesting Banks accepts tokens or money through a Solana address. The CHILLGUY token's popularity was supposedly fueled by its viral spread on

Orchid Tops $43 Million Raised in Token Sale for Crypto Tor Alternative
news The project behind a blockchain protocol designed to enable private internet browsing has raised another $7 million in funding, CoinDesk has learned. According to the company, Orchid Labs has now raised a total of $43 million on an offered $125 million in a pre-sale of a token that will power its still-in-development technology. “Orchid Labs’ mission…

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Go Sour
The Edmonton Oilers and Dallas Mavericks are both down 3-0 after another round of losses.Drake bet $500,000 on each team to win the National Hockey League and National Basketball Association finals.Drake placed the bets using bitcoin on crypto casino Stake.04:30FC Barcelona to Create Its Own Cryptocurrency and Metaverse05:07Could Chainlink Be the Driver for DeFi’s Growth?

Sam Bankman-Fried Asks Court to Cut Prison Time to 63-78 Months
Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a ‘just' sentence of 63 to 78 months, according to a court filing submitted Tuesday.Bankman-Fried’s lawyers objected to the Presentence Investigation Report (PSR), which recommends a sentence of 100 years in