XRP price chart eyes 30% drop to $1.50 as open interest tumbles to 8-week lows

Once again, the question of whether digital assets constitute securities is under question. 77 Total views 13 Total shares A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict. GAW Miners investor Stuart Fraser was cleared of liability in a fraudulent operation co-opted…

The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper. 280 Total views 3 Total shares Blockchain analytics firm Chainalysis has reduced its headcount by another 15% this week, citing the need to reduce expenses due to continued bear market blues.On Oct. 3, Chainalysis confirmed to Cointelegraph that it had

A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government, local media outlet The Economic Times reported on April 25.An official familiar with the matter reportedly told the Economic Times that the government has begun inter-ministerial consultations on the “Banning of Cryptocurrencies and Regulation of Official Digital…

A less scrupulous figurehead would probably have said yes. Amid skyrocketing prices in decentralized finance, also known as DeFi — a current hyped niche of crypto — one project offered half a million dollars as payment for media visibility.  An unnamed DeFi project contacted trader and YouTuber Tone Vays, offering $500,000 for advertisement, Vays detailed in…

The major American theater chain wants to let customers buy movie tickets with crypto by 2022. 866 Total views 23 Total shares American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards.AMC customers can now buy digital gift cards with cryptocurrencies…

For wine collectors, provenance is everything. With as much as 20% of all wine circulating the globe deemed to be fake, it’s hardly surprising. In days past, sniffing out a bogus burgundy required a good nose and an eye for detail. Now, thanks to blockchain technology, the problem is being resolved at its root —…

Many of the National Stadium retailers allowing purchases with China’s CBDC were outside the Olympics' quarantine bubble for athletes, journalists, and staff. 380 Total views 2 Total shares On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those…