Judge finds Ripple Labs liable for $125M penalty in SEC case
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds.
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Travala launches decentralized home-sharing service — will it be the next Airbnb?
The site claims to repair "the broken relationship between hosts and guests created by existing centralized home-sharing platforms." 156 Total views 2 Total shares Pro-crypto travel booking agency Travala.com is releasing a decentralized property rental service.In a Wednesday announcement, Travala said it had partnered with former executives from Airbnb, Expedia, and other companies to launch…
BNB DApp volumes down 25% in a week — Will BNB price follow?
BNB price staged a mild recovery, but could lackluster network activity and less-than-stellar Binance launchpad results put a cap on the gains?
Gas-free transactions will revolutionize Web3
Scalability is one of the main hindrances within decentralized finance (DeFi) applications and has created huge barriers to entry. Closely linked to this has been the issue of high gas fees, which continues to be a major pain point for newcomers to the Web3 space. When Web3 goes mainstream, these gas costs will become minimal.…
Cryptocurrency and Blockchain News From Brazil: Oct. 28-Nov. 3 in Review
Brazil has seen another tumultuous week in the cryptocurrency industry, as the alleged pyramid scheme Atlas Quantum upsets it customers yet again, another six individuals linked to the Unick Forest crypto scheme are arrested, and the founder of A2 Trader challenges Brazilian regulators to shut down his trading website.Here is the past week of cryptocurrency…
Opinion: Europe Must Embrace Blockchain to Avoid “Cybercolonization”
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com.On September 27, the EU Competitiveness Council met in Brussels to discuss how to support Europe’s digitization, particularly with regard to artificial intelligence — an area that has tremendous potential, but also faces extreme global competition.…
JP Morgan executes first DeFi trade on public blockchain
Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain.The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in wholesale…
Hong Kong establishes task force to advance Web3 development
The task force will advise on the “sustainable and responsible” development of Web3 in Hong Kong, according to the statement. As part of Hong Kong's ongoing commitment to embrace the "megatrend" of Web3 development, it has established a diverse group of industry and government officials to supervise the progress of Web3 in the region.According to…
Miami mayor says city employees should be able to take their salaries in Bitcoin
Miami city employees could soon choose to get their salaries paid in Bitcoin rather than USD. In an interview with Forbes, Mayor Francis Suarez said tangible paths to expand Bitcoin's adoption throughout the city included enabling city employee salaries to be paid in BTC.Major figures in the cryptocurrency world have responded positively to the idea,…