Reddit community tokens, including MOON, DONUT, and BRICK, have shed a significant percentage of their values following news of Community Points cancellation. According to Santiment, the three tokens have begun trending as discussions about their future fill Reddit. As reported by TechCrunch, Reddit is set to discontinue its blockchain-based Community Points program, with plans to replace it…
The U.S. regulatory agency has earmarked the digital asset industry for further scrutiny in the coming year. The United States Securities and Exchange Commission (SEC) may not be done with its ongoing clampdown against the digital asset industry. Earlier this week, the regulatory body published its examination priorities for the coming fiscal year, mentioning the…
Travelex, a notable FX company and partner to Ripple, has revealed a new collaboration with the National Bank of Cambodia to open trades involving the Khmer Riel (KHR), Cambodia’s currency. With the trades slated to happen at Changi Airport in Singapore, this marks a historic milestone, as disclosed by The Paypers. It’s the first time the Riel…
Crypto analyst Mason Versluis criticizes Ripple’s revenue model, claiming the firm sells XRP to support its business. In a recent discussion about his exit strategy for cryptocurrencies like XRP, prominent crypto analyst Mason Versluis attacked Ripple and other crypto-based payment firms that have a digital asset associated with them. Specifically, Versluis argued that payment firms…
Shiba Inu whales have continued to move large amounts of SHIB tokens, as Whale Alert reports the movement of a massive $31.6 trillion worth of SHIB. In a startling development, an anonymous whale moved a jaw-dropping amount of Shiba Inu (SHIB) tokens. 4.57T SHIB on the Move According to data shared by Whale Alert, the…
A new hearing scheduled by the Financial Services Committee hopes to address the SEC’s agenda and its impact on capital markets. The United States House Financial Services Committee (FSC), a Committee within the U.S. Congress, has announced a hearing scheduled for Tuesday, Oct. 24. The is to review the “U.S. SEC’s agenda and its unintended…
Attorney Deaton recounts how TapJets leveraged XRP to solve the Friday/weekend problem, saying XRP is the choice crypto for payments. Attorney John Deaton, a pro-XRP lawyer and founder of Crypto-Law, has highlighted XRP’s prowess as a payment method. In a yesterday X post, Attorney Deaton asserted that “XRP is the choice crypto for payments.” TapJets Leverages…
Ethereum co-founder Vitalik Buterin recently disclosed that he has not sold any ETH for personal gains since 2018 despite recent reports suggesting the contrary. Vitalik spoke up about his involvement around token sales following news making the rounds on related moves in recent times. Vitalik Buterin’s Mega Donations According to his Warpcast post, Vitalik noted that…
John Deaton calls for a more accurate representation of XRP, advising against referring to it as “Ripple’s XRP.” The prominent attorney known for his XRP advocacy has recently expressed his hopes about how the crypto market participants should refer to XRP without ascribing the digital asset to Ripple. In a tweet on Tuesday, Deaton addressed…
Forbes reveals BlackRock and JPMorgan’s plan to lead a major XRP bull run in the crypto market. XRP struggles to reclaim the $0.5 price point despite the current Bitcoin rally propping up the crypto market. Meanwhile, in a recent publication, Billy Bambrough, a Senior Forbes Contributor, noted that the XRP market is primed for a…