Republic First Bank closed by US regulators — crypto community reacts
Republic First Bank’s 32 branches across the United States will reportedly reopen under Fulton Bank starting next week.
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Fujitsu Backs IOTA as ‘New Protocol Standard’ for Audit Trails, Markets React
Japanese ICT conglomerate Fujitsu is launching an IOTA-based proof-of-concept (PoC) for audit trail processes in the manufacturing industry, according to an official notice released August 25. The notice says the company will use the IOTA protocol as an “immutable data storage medium” for audit trails across “industrial production environments and supply chains,” with the aim…

Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold: Analyst
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse.

Bitcoin looks ripe for a rebound, and so do ETH, DOGE, LTC, and XMR
Bitcoin’s volatility is expected to pick up after the US elections, and charts suggest that ETH, DOGE, LTC and XMR could be the first to follow.

Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says
Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries.According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi said:“The full adoption of digital technologies such as blockchain is expected to accelerate the digital transformation and upgrade its…

Chinese City in Hunan Province Launches Blockchain Platform for Real Estate Data
The Chinese city of Loudi has launched a blockchain platform to store real estate data, the Chinese Communist Party’s official newspaper, People’s Daily, reports Nov. 13.The platform is backed by land, tax and real estate departments in the city, which is located in central Hunan province. Starting Nov. 15, the new system will let citizens…

Ripple Likely Sold XRP in an Unregistered Securities Offering
In recent months, a number of class-action lawsuits have been filed against Ripple for selling its XRP token in an unregistered securities offering. So far, the United States Securities and Exchange Commission has not published any official statement on this, which has kept everyone guessing.To help put an end to the uncertainty, Chris Giancarlo, former…

Coinbase finds flawed analysis in SEC's proposed exchange definition
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.

Fallout from crypto contagion subsides but no market reversal just yet
The blockchain industry showed some surprising resilience in July, which may point to a period of greater fundamental support for the crypto space overall in the short term. In looking at a wide variety of indicators, including Bitcoin’s (BTC) price action, open interest on Ether (ETH) and activity in GameFi, there are some strong signals…