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Simar Marwaha

Simar Marwaha

Simar is an avid traveller, eater, and shopping maniac. She enjoys discovering new places, and she lives for a laid-back weekend watching all the episodes of her favorite show. She is a passionate reader and read more

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As the Ripple lawsuit nears conclusion, XRP whales increase their holdings

As the Ripple lawsuit nears conclusion, XRP whales increase their holdings

The CEO of Ripple also mentioned that the company would expand through acquisitions in regions that welcomed cryptocurrencies.

May 27, 2023 08:02 PM
Chinese city publishes proposed metaverse industry development strategy

Chinese city publishes proposed metaverse industry development strategy

According to a government announcement, metaverse businesses who decide to move their headquarters to Zhengzhou would be eligible to receive initial capital investments of up to 200 million yuan. Find out more about it below.

May 26, 2023 06:31 PM
Bitcoin will launch its first USD-pegged stablecoin soon

Bitcoin will launch its first USD-pegged stablecoin soon

Stablecoin-as-a-service (SCaaS) provider Stably has introduced Stably USD, the first USD-backed stablecoin on the Bitcoin network.

May 26, 2023 05:07 PM
Ripple Vs SEC: Should XRP traders take the safe route now?

Ripple Vs SEC: Should XRP traders take the safe route now?

The Ripple v. SEC battle might be coming to an end. But what does it mean for XRP and its numerous traders? Let's learn as much as we can about it!

May 26, 2023 12:34 PM
Visa, Microsoft, and others participate in the Brazilian CBDC pilot

Visa, Microsoft, and others participate in the Brazilian CBDC pilot

There are 14 participants in all, albeit several are business associations. For instance, one of the 14 participants consists of the American IT giant Microsoft, the Brazilian bank Banco Inter, and the digital technology firm

May 26, 2023 12:20 PM
Binance Expands NFT Initiative with New Loan Feature

Binance Expands NFT Initiative with New Loan Feature

This revolutionary feature is especially designed for those who presently own NFTs yet want quick access to cash. In order to increase the security of the process, it proposes a "Peer to Pool" technique in

May 26, 2023 12:12 PM
Bank run on Stablecoins might happen, says EU regulator

Bank run on Stablecoins might happen, says EU regulator

The ESRB recommends strengthening the European Union's capacity to monitor the cryptocurrency market and the ties between it and the larger financial sector.

May 25, 2023 05:33 PM
Binance supported US authorities to freeze $4.4M linked to North Korea

Binance supported US authorities to freeze $4.4M linked to North Korea

A representative for Binance said when asked whether the firm has any other cooperative projects in the works that it is "constantly monitoring our platform for nefarious nation state actors and collaborating with law enforcement."

May 25, 2023 01:01 PM
Tornado Cash bans should be lifted, according to a Coinbase-backed proposal

Tornado Cash bans should be lifted, according to a Coinbase-backed proposal

Paul Grewal, summed up the arguments shortly after in a Twitter conversation, asserting that the government is violating the language of the law by seeking to criminalise open-source software using the property sanctions act.

May 25, 2023 09:16 AM
Prosecutors in Montenegro appealed, Do Kwon's bail was revoked: Report

Prosecutors in Montenegro appealed, Do Kwon's bail was revoked: Report

Kwon is currently wanted by both South Korean and American officials for extradition, and he is also being looked into in Singapore. US officials have charged Kwon with eight charges, including commodities fraud, securities fraud,

May 25, 2023 02:52 AM
Ripple buys Pantera's Bitstamp stake

Ripple buys Pantera's Bitstamp stake

Bitstamp and Ripple have been together for a long time. The exchange formerly served as a gateway for Ripple's XRP token.

May 24, 2023 10:50 PM
Chinese city establishes government-backed metaverse platform

Chinese city establishes government-backed metaverse platform

The purpose of this platform is to combine the financial might of Chinese corporations and academic institutions to fund research initiatives in fields related to the metaverse.

May 24, 2023 06:02 PM
South Korea's ruling party wants crypto disclosure regulations

South Korea's ruling party wants crypto disclosure regulations

South Korean authorities have hastened the regulation of cryptocurrencies and related digital assets since Do Kwon's Terra ecosystem crashed in May of last year.

May 24, 2023 09:50 AM
Binance disputes claims of financial misuse, calling them "conspiracy theory"

Binance disputes claims of financial misuse, calling them "conspiracy theory"

Binance allegedly informed Silvergate that the Key Vision account's primary goal was to collect money from non-American customers.

May 23, 2023 05:46 PM
Is FTX 2.0 set to debut soon? Court filing shows a reboot plan in making

Is FTX 2.0 set to debut soon? Court filing shows a reboot plan in making

A story from April claimed that the exchange had recovered $7.3 billion in assets, and that the FTX team intended to restart the market by the second quarter of 2024.

May 23, 2023 04:20 PM
Russian legislators provide changes to the digital ruble CBDC bill

Russian legislators provide changes to the digital ruble CBDC bill

The revised drafts also advises enabling non-resident access to the CBDC platform via foreign banks that have been given authorization to utilise it. It also claims that non-residents shouldn't encounter any limitations when using the

May 23, 2023 03:28 PM
'Moving America Forward' national crypto campaign to launch on Coinbase

'Moving America Forward' national crypto campaign to launch on Coinbase

Participants in this event will lobby their respective members of Congress for "crypto-friendly policies" on July 19 in Washington, D.C.

May 23, 2023 03:04 PM
Blockchain firm: Decline in crypto hacks in Q1 is only a "temporary reprieve"

Blockchain firm: Decline in crypto hacks in Q1 is only a "temporary reprieve"

Data from Chainalysis earlier this year showed that the greatest cryptocurrency hacking year ever saw an estimated $3.8 billion stolen, mostly leveraging decentralised finance (DeFi) protocols and criminals with links to North Korea.

May 22, 2023 01:49 PM
SEC Lawsuit's Ripple Effects May Strengthen Coinbase Litigation

SEC Lawsuit's Ripple Effects May Strengthen Coinbase Litigation

Future legal claims made by Coinbase against the SEC may be supported by the Hinman documents. Compared to XRP, Coinbase may have a far better fair notice defence.

May 22, 2023 11:34 AM
Buterin advises against overburdening the Ethereum consensus

Buterin advises against overburdening the Ethereum consensus

Buterin claims that a certain group of these tactics might expose the ecosystem to "high systemic risks" like faults or a purposeful 51% attack.

May 22, 2023 08:17 AM
What Is Bitcoin Pizza Day?

What Is Bitcoin Pizza Day?

Laszlo Hanyecz agreed to pay 10,000 Bitcoins on May 22, 2010, which is now recognised as Bitcoin Pizza Day, and that's how it all started! Continue reading to learn more!

May 20, 2023 10:25 PM
Brazil-based Binance provider gets payment institution approval

Brazil-based Binance provider gets payment institution approval

Brazil's market of over 214 million people has attracted bitcoin companies. Binance and Mastercard launched a prepaid cryptocurrency card in the country in January, allowing users to pay bills and make transactions using more than

May 20, 2023 09:00 PM
Michael Lewis, author of "The Big Short," will soon release a book about SBF

Michael Lewis, author of "The Big Short," will soon release a book about SBF

When Lewis spoke at the 2023 Bitcoin Conference in Miami on May 19, he didn't specify a publishing date but did state that he wanted the book to be out around the time the criminal

May 20, 2023 07:26 AM
IMF finds space for eNaira improvement in its first-year evaluation

IMF finds space for eNaira improvement in its first-year evaluation

IMF researchers believe that the Central Bank of Nigeria's uneven execution of the CBDC's two main aims of facilitating remittances and extending financial inclusion to the unbanked has delayed them.

May 19, 2023 05:19 PM
ASX formally drops plans for blockchain: Report

ASX formally drops plans for blockchain: Report

Market participants were irate when the Australian Securities Exchange (ASX) decided to "pause" the rebuilding of its entire trading, settlement, and clearing software based on decentralised computing in November.

May 19, 2023 05:03 PM
FTX pursuing $244 million clawback from 'wildly inflated' Embed acquisition deal 

FTX pursuing $244 million clawback from 'wildly inflated' Embed acquisition deal 

Sam Bankman-Fried, the previous CEO of FTX, and other top executives are the targets of a lawsuit filed on May 17 over the purchase of Embed, which the company's current leadership believes was made without

May 19, 2023 02:36 PM
Australian exchanges eliminate debanking fears amid Binance saga, but risks remain

Australian exchanges eliminate debanking fears amid Binance saga, but risks remain

Several CEOs saw a significant rise in users, downloads, or registrations on their businesses as Binance clients apparently search for alternative exchanges with AUD payment ramps.

May 19, 2023 10:49 AM
Blockchain developers create a $50 million fund to encourage Wormhole use

Blockchain developers create a $50 million fund to encourage Wormhole use

Wormhole is a cross-chain communication technique. It makes it possible to move assets between different blockchain networks and permits communication between them.

May 19, 2023 02:30 AM
Prosecutors in Montenegro are appealing Do Kwon's bail conditions

Prosecutors in Montenegro are appealing Do Kwon's bail conditions

Kwon still has personal assets frozen totalling more than 233.3 billion Korean won ($176 million) as part of ongoing criminal proceedings.

May 19, 2023 01:00 AM
Coinbase Cloud integrates with the Chainlink oracle network to boost smart contract stability

Coinbase Cloud integrates with the Chainlink oracle network to boost smart contract stability

Surojit Chatterjee, chief product officer at Coinbase, emphasised the company's goal of being the Amazon Web Services of the cryptocurrency industry.

May 18, 2023 05:54 PM
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