ARCHIVED NEWS
Jamaican Taxis Go Digital As Drivers Gear Up To Embrace Jam-Dex CBDC
2023-08-30 23:36:00
Jamaica’s quest for digital financial transformation is gaining momentum, and its homegrown Central Bank Digital Currency (CBDC), Jam-Dex, is at the heart of this change. Recent developments suggest that the transportation sector, particularly bus and taxi drivers, is looking to leverage the benefits of Jam-Dex. Such an inclination points towards a larger narrative: Jamaica’s aggressive […]
These Crypto Analysts Saw The Grayscale Victory Before Anyone Else
2023-08-30 22:16:00
On Tuesday, the United States Court of Appeals for the District of Columbia Circuit granted Grayscale a significant win over the SEC by revoking the SEC’s foregoing order to turn the GBTC into a Bitcoin Spot ETF. However, Grayscale’s victory over the Securities and Exchange Commission (SEC) was no surprise to some crypto stakeholders as […]
Crypto Shorts See $120 Million Squeeze As Bitcoin Shoots Up
2023-08-30 21:38:00
Data shows the crypto futures market has seen a large amount of liquidations on Wednesday as Bitcoin has registered a sharp surge. Crypto Liquidations Total At $170 Million During Past 24 Hours On Tuesday, August 29, news broke out that Grayscale has emerged victorious against the United States Securities and Exchange Commission (SEC) in its […]
Circle Introduces USDC Payment To Chilean Customers With This New Partnership
2023-08-30 20:26:00
Stablecoin company Circle seems to be making good strides in its goal of global USD Coin (USDC) adoption, having struck a new partnership deal with Mercado Pago, the “largest fintech company in the Latin American (LATAM) region”. This payment platform is a subsidiary outfit of retail giant Mercado Libre, which Circle CEO Jeremy Allaire referred […]
Binance Ditches Third-Party Banks As It Unveils Its Own Crypto-To-Cash Off-Ramp Service
2023-08-30 17:10:00
Amid regulatory scrutiny and potential legal repercussions, Binance moves forward with its developmental processes by launching a new crypto-to-cash bank service in Latin America. Binance Launches “Send Cash” In Latin America Binance, the world’s leading crypto exchange has shocked the industry after announcing the launch of a new crypto-to-bank payment platform, Send Cash in nine […]
Don’t Know How To Move Funds From Shibarium To Ethereum
2023-08-30 14:42:00
With Shibarium’s popularity growing with new users registered daily, a Shiba Inu team member influencer has disclosed detailed steps on how to withdraw digital assets from Shibarium to Ethereum. How-To Guide For Shibarium To Ethereum Withdrawals Unveiled Shiba Inu marketing strategist Lucie released a three-part guide on Tuesday, August 29 in an X (formerly Twitter) […]
Bitcoin Advocate US Presidential Candidate Drops Out Of Race – Here’s Why
2023-08-30 13:42:00
Bitcoin proponent and Miami Mayor Francis Suarez declared his White House candidacy with conditions, vowing to exit if he failed to meet GOP thresholds. Although he asserted qualification, he was absent from the Milwaukee debate. The question remains: Will Suarez persist with his low-support campaign? On Tuesday, the public got an answer: The commander-in-chief wannabe […]
Former SEC Legal Expert Reveals The SEC Could Be Going After Binance With Renewed Vigor
2023-08-30 11:47:30
On August 28, the US Securities and Exchange Commission (SEC) filed a sealed motion for leave to file documents under seal in its ongoing case against Binance. Following this, former SEC attorney John Reed Stark has revealed what this could mean for the world’s largest crypto exchange by trading volume. An Impending Criminal Case Against […]
Ripple-Funded Research Proposes How To Speed Up XRP Ledger
2023-08-30 10:46:30
In an academic paper, researchers from the University of Luxembourg have unveiled a novel approach to enhance the communication efficiency of Ripple’s XRP Ledger. The research, supported by the Luxembourg National Research Fund and Ripple’s University Blockchain Research Initiative (UBRI), delves into the intricacies of Named Data Networking (NDN) as an overlay to optimize the […]
Grayscale’s Roadmap To A Bitcoin Spot ETF Following SEC Triumph
2023-08-30 07:14:55
In a seismic shift for the Bitcoin industry, the DC Circuit court has ruled in favor of Grayscale Investments yesterday, effectively vacating the US Securities and Exchange Commission’s (SEC) previous denial of Grayscale’s Bitcoin spot ETF proposal. The decision has set the stage for a new chapter in the long-standing saga of Bitcoin spot ETFs, […]
It’s A Go! Twitter (X) Gets License To Enable Crypto Payments
2023-08-30 06:26:25
Striving to evolve X (formerly Twitter) into a multifaceted community platform replete with diverse functionalities, the Elon Musk-led company has successfully secured the necessary authorization to function as a payment hub in the United States. This action follows Grayscale’s victory on August 29 over the US Securities and Exchange Commission. Additionally, it follows the social […]
SEC Files Sealed Motion In Binance Case: Unveiling A ‘Rare’ Legal Maneuver
2023-08-30 05:33:00
In a surprising turn of events, the United States Securities and Exchange Commission (SEC) has filed a sealed motion in its ongoing litigation against Binance, the world’s largest cryptocurrency exchange. This rare legal maneuver, which aims to file documents under seal, has drawn attention and speculation within the legal and cryptocurrency communities. Former SEC official […]
Ethereum Spikes, Whales Swiftly Scoops 8,000 ETH: More Gains Incoming?
2023-08-30 03:31:30
Immediately after Ethereum spiked on August 29, a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. ETH prices continue to rise, trading at around $1,740 when writing. The coin may post even more gains in the sessions following a shift in trader sentiment after a favorable appellate court ruling in the case pitting Grayscale, […]
Ethereum Spikes, Whales Swiftly Scoop 8,000 ETH: More Gains Incoming?
2023-08-30 03:31:30
Immediately after Ethereum spiked on August 29, a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. ETH prices continue to rise, trading at around $1,740 when writing. The coin may post even more gains in the sessions following a shift in trader sentiment after a favorable appellate court ruling in the case pitting Grayscale, […]
Binance Directs Belgian Users To Polish Arm Following Regulatory Clampdown
2023-08-30 00:53:00
Prominent cryptocurrency exchange Binance has devised a strategy to save its Belgian market following a suspension order by Belgium’s financial market regulator in June. The world’s largest exchange was ordered to cease its operations in Belgium because it offered crypto services from countries outside the European Economic Area (EEA). Related Reading: Bitcoin Lightning Network On […]
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