Ledger key recovery service paused amid backlash, will open-source code
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Ripple reports XRP holdings below 50% for the first time
The firm emphasized that its rather large XRP ownership is decreasing and that it only “operates 4 out of 130+ validator nodes on the XRPL.” 1466 Total views 15 Total shares Ripple Lab’s XRP token holdings have dropped below 50% of the total circulating supply for the first time in the company’s history. Ripple has…
Fed money printer goes into reverse: What does it mean for crypto?
What will happen to the crypto markets when quantitative tightening takes full effect and the Federal Reserve shelves the money printer? 703 Total views 13 Total shares The Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move called Quantitative Tightening (QT). Analysts from…
Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half.
China: New Guidance to Implement Blockchain in Agriculture Finance Sector
The Chinese government has issued the “Guiding Opinions on Rural Service Revitalization of Financial Services,” according to an official announcement on Feb. 11. The new framework is part of a plan to improve the efficiency of financial services for the country’s rural revitalization program.The guidance will purportedly help promote the application of new technologies in…
Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
Estonian regulator wants to revoke all crypto exchange licenses
About 400 crypto businesses in Estonia still hold licenses after the state revoked nearly 2,000 licenses last year. 883 Total views 4 Total shares Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew.Matis Mäeker, head of the Estonian Financial…
Binance customers represented by entity, citing inadequate representation
Eeon seeks compensation from both Binance and the US SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day. 203 Total views 14 Total shares A third-party entity named "Eeon" has stepped forward to intervene in the case, representing the interests of Binance's customers regarding the lawsuit filed…
DeFi Pulse unveils safety ratings to allow users to compare risk
DeFi Pulse and Gauntlet have released a new tool to improve users’ risk awareness of major DeFi projects. 2920 Total views 21 Total shares Decentralized finance (DeFi) analytics platform DeFi Pulse has launched new safety ratings in alpha to enable users to compare the risks of on-chain protocols. However, the ratings system is still in…