XRP rockets 26% as Ripple execs hail $125M penalty as ‘victory’

Are cryptocurrency games innocent fun? Or are they Ponzi schemes facing an imminent crackdown by regulators in the United States?Tokens related to cryptocurrency games — known colloquially as “GameFi” — were worth a cumulative total of nearly $10 billion as of mid-August, give or take a few billion. (The number may vary depending on whether…

Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures. 62 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Economic and Monetary Affairs Committee of the European Parliament has…

Bitcoin (BTC) continued to battle major resistance on Sep. 13 as markets prepared for United States inflation numbers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Serious" whales present new BTC price hurdlData from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it sought to push through $22,500.Bulls had attempted to vanquish a wall of seller interest in…

Brad Garlinghouse said tech companies have an obligation to contribute to solving societal issues. 1081 Total views 12 Total shares Brad Garlinghouse, the CEO of blockchain-based payments firm Ripple, disagrees with Coinbase’s new policy restricting its employees from engaging in political discussions at work.Coinbase CEO Brian Armstrong first announced the ‘apolitical’ policy in a blog…

Chinese internet giant Tencent will work with a local disruptor insurance company to develop new blockchain solutions, Bloomberg reported on April 30.Waterdrop, which forms part of China’s rapidly-expanding crowdfunded health insurance industry, will leverage Tencent’s existing presence and experience in the field to create as yet undefined blockchain tools.The move follows the closure of Waterdrop’s…

CEO of global payment giant Visa Al Kelly stated that cryptocurrency does not pose a challenge to the company’s dominance in the payment sphere in the “short to medium-term,” in an interview on CNBC's Mad Money Oct. 25.When asked if “crypto [is] a real challenge to Visa’s hegemony in this business,” Kelly told Mad Money…

Tanzania’s president wants the country’s central bank to begin exploring Bitcoin and digital assets. 554 Total views 7 Total shares Tanzania appears to be the latest emerging economy poised to embrace Bitcoin and crypto assets.On June 14, Tanzanian president Samia Suluhu Hassan urged the country’s central bank to begin exploring crypto assets. Hassan emphasized the…

In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive income. It is not surprising that…

The account has made multiple posts promising a token giveaway and ushers users to a copycat website to connect their crypto wallet. 151 Total views 2 Total shares The X (Twitter) account of crypto-focused venture capital firm Blockchain Capital has seemingly been taken over by scammers attempting to lure users with the promise of a…