Pierre Rochard, VP of Research at Riot Platforms, a major Bitcoin mining firm, has voiced strong criticisms of Ripple’s XRP Ledger (XRPL), suggesting that Ripple has the potential to undermine its decentralization. Rochard argued that Ripple could easily...
xPortal, an AI-powered DeFi super-app, has acquired Berlin-based Web3 startup Alphalink to enhance its platform’s ability to simplify cryptocurrency and financial investing. This move supports xPortal’s goal of expanding its ecosystem, which now has over 2.5 million users...
The crypto markets reacted with restrained enthusiasm following the inauguration of Donald Trump as president, according to a joint report released by cryptocurrency exchange Bybit and analytics firm Block Scholes. Despite initial speculation surrounding potential crypto-friendly policies, the...
Algorand Foundation has launched a groundbreaking staking rewards program following its latest consensus mechanism upgrade. Validators on the Algorand blockchain will now receive real-time block rewards, starting at 10 ALGO per block, with a 1% decay every millionth...
Ripple CEO Brad Garlinghouse responded to the accusations by Pierre Rochard, Vice President at Riot Platforms, that Ripple is leading a lobbying campaign to block the launch of the Strategic Bitcoin Reserve initiative in the United States. Garlinghouse...
Vitalik Buterin has raised concerns about profit-driven models, such as those seen with protocols on the Solana blcockhain, cautioning that they could undermine Ethereum’s core principles. In a January 23 blog post, the Ethereum co-founder emphasized the importance...
Cathie Wood, CEO and Chief Investment Officer of ARK Invest believes that former U.S. President Donald Trump is essential in advancing the cryptocurrency revolution's next phase. In an interview with Bloomberg, Wood shared her thoughts on the launch...
Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) has issued a severe warning regarding the increasing use of cryptocurrencies to launder proceeds from synthetic fentanyl and opioid trafficking. In its latest "Operational Alert", published on January 23, 2025,...
OKX has achieved pre-authorization under the European Union's Markets in Crypto-Assets Regulation (MiCA), marking a significant milestone in its expansion across Europe. This development, announced in a press release on January 23, 2025, paves the way for the...
The U.S. Securities and Exchange Commission (SEC) has introduced Staff Accounting Bulletin No. 122 (SAB 122), which replaces the controversial SAB 121 guidance for accounting practices related to custodial crypto assets. The update provides regulated banks and financial...
