Category: Blockchain

Early this week, U.S. district judge Analisa Torres has passed a positive ruling for XRP defendants, stating that a group of individuals who own the digital currency associated with Ripple Labs Inc can provide their meaningful perspectives in the case launched by the U.S. Securities and Exchange Commission accusing the firm of violating securities law.

The authorities in Kyrgyzstan recently revised their Medium-Term Tariff Policy (MTTP) for electricity and heating, leading to power tariffs in the nation for cryptocurrency mining increase by 12.5%. The authorities have made such decisions due to the huge energy consumption required in the cryptocurrency mining process. The administration announced the Medium-Term Tariff Policy for Electricity

Marathon Digital Holdings Inc, a US-based cryptocurrency mining firm, has On Monday, October 4, Marathon Digital announced that it obtained the $100 million credit line from crypto-friendly Silvergate bank on Friday October 1. The firm stated that it will use the credit to buy more Bitcoin mining equipment and fund its mining operations.     Marathon

Although Ken Griffin, the founder and CEO of Citadel Securities LLC company, is not a fan of cryptocurrencies, that is the reason why the firm does not trade digital assets. In an interview with the Economic Club of Chicago, Griffin stated that Citadel does not trade in crypto assets because of regulatory uncertainties around them.

Bank of America (BoA) follows the trend of cryptocurrency in response to the increasing user transaction demand and institutions’ interest. Bank of America announced to initiate research on this powerful digital asset system. According to a Bloomberg report on Monday, Candace Browning, head of global research at Bank of America Securities, said in an interview that the

Bitcoin (BTC) was a stone’s throw away from the psychological price of $50K during intraday trading. The leading cryptocurrency was up by 3.4% in the last 24 hours to hit $49,404, according to CoinMarketCap. On-chain analyst Will Clemente believes this is the tip of the iceberg because Bitcoin might witness a significant price appreciation in

Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi or the Genesis Collection for a whopping $6 million. Nick Jushchyshyn, a program director for virtual reality and immersive media at Drexel University, welcomed the move and said: “These prices are not surprising. You have world-renowned

A joint strike action between Europol and other international crime enforcement agencies has nabbed two ransomware gang members, coming off as the latest sting operation involving multiple operatives. The crackdown efforts also involved the French National Gendarmerie, the Ukrainian National Police, the United States Federal Bureau of Investigation (FBI), and the INTERPOL Cyber Fusion Centre.

The Qatari National Bank (QNB) is set to launch a cross-border payment solution powered by blockchain payments firm Ripple Labs Inc and will see cash movements to Turkey. As reported by Pymnts, the partnership will see QNB pilot Ripple’s financial technology network, RippleNet, with QNB Finansbank in Turkey in a group rollout. The deal is

The Hong Kong Monetary Authority (HKMA) has published a Technical Whitepaper to discuss the possibility of the digital Hong Kong Dollars (e-HKD) issue as part of its efforts to come up with an initial view regarding the prospects of its proposed Central Bank Digital Currency (CBDC) by the middle of next year. The Whitepaper is part