Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growth

A United Kingdom High Court ordered a proprietary injunction on Bitcoin (BTC) obtained through a ransomware attack on a Canadian insurance company. A proprietary injunction is an order which prevents a person from dealing with their own assets when it is subject of a proprietary claim.On Jan. 17, the UK High Court released documents concerning…

While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty. 422 Total views 19 Total shares The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry.Profits from crypto trading in Thailand are…

Dubai-based crypto market maker and investor DWF Labs launched a $250 million Liquid Fund to accelerate the growth of mid- and large-cap blockchain projects and drive real-world adoption of Web3 technologies. DWF Labs is set to sign two investment deals worth $25 million and $10 million as part of the fund. The initiative aims to

A DappRadar report found that while trading volumes have taken a sharp hit during Q3, the average number of NFT sales for these 10 projects only decreased by 11.55%. 345 Total views 5 Total shares Third-quarter trading volume for the top 10 Metaverse projects may have fallen 80% compared to the second quarter, but analytics…

Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too. Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with…

SoFi started offering crypto services even before becoming a bank, and its banking license might change how it hodls crypto. 515 Total views 11 Total shares The San Fransico-based SoFi bank holds almost $170 million in crypto on its balance sheet, according to its second quarter (Q2) earnings report. The United States bank, which serves…

Coinbase will transition to a permanent “remote-first” future after the quarantine is over. 1160 Total views 47 Total shares U.S. crypto exchange Coinbase has announced it will transition to a “remote-first” workplace after the pandemic lockdown is over in an effort to guard against location-centric risks and to improve decentralization.In an open letter to all…

The Australian Securities Exchange (ASX) has made new partners to apply blockchain to its registry, settlement and clearing systems (CHESS) in 2021.VMware and Digital Asset step inThe ASX confirmed its anticipation of delivering the CHESS replacement system by 2021, following a new agreement with NYSE-listed tech firm VMware and Digital Asset Holding (DA), according to…