Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its...
Month: May 2023
FTX founder Sam Bankman-Fried urges court to dismiss charges
Lawyers representing Sam Bankman-Fried want all but three charges against him dismissed in a filing on May 8. FTX founder...
Bittrex files for Chapter 11 bankruptcy just weeks after SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500...
Canada’s central bank asks citizens what they want in a digital dollar
Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no...
Worth it? Trader spends $120K on gas buying $155K worth of a memecoin
A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade. A...
Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500...
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies...
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw...
Study Reveals Top Countries Fueling Meme Coin Interest in 2023
In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about...
Biggest Movers: XRP, SOL Move 5% Lower to Start the Week
Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market...
Paxful restarts marketplace operations for the first time since April
Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of...
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure...
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
Chinese tech company iFlytek recently made waves with the launch of its “Spark Model,” an AI system it says will...
Cetus DEX’s IDO oversubscribed after Sui mainnet launch
According to developers, the fundraising goal of the initial DEX offering was reached in less than one minute. Just hours...
Bitcoin Bearish Warning After Meme Coin Frenzy, FLOKI, PEPE, STX, May. 8
BTC Bitcoin has been the subject of bearish warnings after a surge in meme coin trading volumes to two-year highs....
