Ripple ‘made a mistake’ not talking to regulators early, says CEO

The recent banking crisis in the United States seems to have shaken the belief of some customers in the legacy banking system. According to Federal Reserve data, customers pulled nearly $100 billion in deposits in the week ending March 15.American venture capital investor and entrepreneur Tim Draper said in a March 25 report that “founders…

An article in the Wall Street Journal has claimed sales of non-fungible tokens (NFTs) are “flatlining” — in the same week that the top five collections alone accounted for more than $1 billion in primary and secondary sales.The article cited data from NFT market analysis platform Nonfungible suggesting the number of NFT sales has fallen…

Saturday, Nov. 2 — most of the top 20 cryptocurrencies are reporting moderate gains on the day at press time, after Bitcoin (BTC) broke the $9,300 mark again.Market visualization courtesy of Coin360Bitcoin price is currently up by 2.06% on the day, trading at around $9,326 at press time, according to Coin360. Looking at its weekly…

Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium. Tyler Winklevoss announced the new hire in an official blog post on Aug. 19. According to the blog, Damato previously created and led…

The price of Bitcoin (BTC) is facing an intense period of volatility since moving from a $52,950 top on Sept. 7 to a $42,800 low just two hours later. More recently, the $45,000 support was held for a couple of days despite being heavily tested, and this triggered a $3,400 up- and down-swing on Sept.…

Grayscale Investments' GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.

Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs)…

China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security. 366 Total views 17 Total shares Residents in three major Chinese cities have begun paying tax, stamp duty and social security premiums using the country’s central bank digital currency — the digital yuan (e-CNY). According…

On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on digital assets. While the tone of the conversation was largely proclaimatory, the industry reacted with an optimistic buzz — it seems that crypto is bound to become a hot topic…