Ripple’s XRP surges to 2024 high amid Trump win, stablecoin optimism
Donald Trump’s election victory, an anticipated conclusion to the SEC lawsuit and an expected stablecoin project may have contributed to the XRP price surge.
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CEO of Alleged $16M Cryptocurrency Scam Declared Bankrupt
VaultAge Solutions CEO has been tracked down by South African authorities and angered investors. 1416 Total views 35 Total shares Willie Breedt, a South African national accused of stealing up to $16.3 million from around 2,000 investors via his VaultAge Solutions scheme, has reportedly been forced into bankruptcy by a local court.According to a recent…

South Korean internet giant Naver reportedly joins Bithumb stake race
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange. 2943 Total views 20 Total shares Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country’s largest cryptocurrency exchange, Bithumb.Naver has discussed a potential equity…

Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. 2802 Total views 12 Total shares The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional…

Major Philippines Bank Union Bank Launches Two-Way Crypto ATM: Report
Major Philippines bank Union Bank is launching the country’s first two-way cryptocurrency ATM, local media outlet Philstar reported Feb. 6.The move will reportedly let customers buy and sell cryptocurrencies for cash via the ATM as part of the bank’s “sandbox” — a framework for conducting experiments in a controlled environment.The report did not specify which…

Doubts mount over Huobi’s future as harsh layoff rumors denied
Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange. 544 Total views 48 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTSpeculation on Twitter that crypto exchange Huobi has laid off staff and shuttered internal communications have prompted the…

Japanese public firm Metaplanet buys another $2.5M of Bitcoin
After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin.

Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham's data suggests the assets are still under the firm's control.

Tezos Rallies Following Coinbase Announcement, Major Tokens Up Slightly
Tuesday, July 30 — Top cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and XRP are all trading slightly up at press time.Market visualization. Source: Coin360Bitcoin has been trading between $9,000 and $10,000 this week, and was showing little action on the day. At press time the coin i sup 2.37% to trade at $9,652.Squawk Box co-host Joe…