Category: Cryptocurrency News

A selection of leading artists and creators are set to provide novel creations and assets through the launch of the 3D NFT marketplace MetaMundo.

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A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way.

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A master plan that aims to see the number of Dubai’s blockchain and metaverse companies grow from the current 1,000 to 5,000 in five years, was recently launched by the kingdom’s Crown Prince Sheikh Hamdan. Known as the Dubai Metaverse Strategy, the plan also seeks to create 40,000 jobs and bring in $4 billion to […]

Since December 2020, Ripple hasn’t rested from negative anticipations of a crash. Instead, the crypto that seemed promising from inception started plummeting when the United States Securities and Exchange Commission (SEC) sued it. The accusation was that the company raised more than $1.3 billion illegitimately. As a result, SEC held the co-founder Christian Larsen and Bradley Garlinghouse, the CEO, accountable for the illegal gains. The court case has already lasted for more than one year. But, surprisingly, on April 14, Ripple CEO Brad Garlinghouse stated that the fight had gone very well. Moreover, his statements and results seem to have yielded favorable fruits for the crypto. Related Reading | Liquidations Cross $230 Million As Ethereum Barrels Past $1,400 In recent news, Ripple co-creator Jed McCaleb declared his intentions to stop dumping XRP. McCaleb is also the founder of Stellar and holds at least 5 million Ripple coins as of writing. In the past, McCaleb had already sold most of his 9 billion XRP holdings. He continued selling his XRPs until it now remains 5 million only. But recently, have decided to keep the remaining coins to secure his family. The Ripple CTO jokingly told sources that he wouldn’t be selling his XRP coins. Instead, he will hold them awaiting when the coins spikes in price. According to him, if 1 XRP sells at $589, he will become a rich man. Another news revealed that the CTO had earlier sold more than half of his remaining 5 million XRP. But after a few days, he bought another 2.8 million coins to top it. McCaleb mentioned that his decision to add up to the coin was sudden. However, he disclosed that his mind wouldn’t rest until he replaced the coins. In his statement, there’s a possibility that his remaining XRP coins will provide the security he needs for his family in the future. Ripple And SEC Court Issues Continue Amid all these, the battle between SEC and Ripple is still ongoing. A recent report revealed that the presiding magistrate rejected the SEC’s attorney-client privilege claims. Instead, Judge Sarah Netburn refused the claims and mandated that every document must be disclosed. The Securities and Exchange Commission insisted on concealing documents about William Hinman’s speech. But the Judge refused such a notion, instead calling the act hypocritical. SEC maintains that the document is irrelevant to cryptocurrency regulation while implying that Hinman depends on SEC counsel for advice. Related Reading | TA: Ethereum Outpaces Bitcoin, Why ETH Could Rise To $1,500 The document they seek to hide carries where Bill Hinman declared that Ethereum isn’t a security. These documents and others like it will help Ripple fight against SEC. That’s why the commission is fighting to conceal it. Featured image from NewsBTC, chart from TradingView.com

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The network has launched its ninth shadow fork to test Ethereum’s impending move from a proof-of-work consensus paradigm. Ethereum has been experiencing a series of test forks replicating the data from the main network to a test environment network in preparation for its fusion with the proof-of-stake Beacon Chain. After a clean break over $1,350…
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The cross-chain liquidity protocol has put special focus on user experience with a simple user interface without them having to deal with complex virtual networks.