XRP Price Prediction as SEC Plans $2 Billion Fine Against Ripple Labs – Last Hurdle Before Big Rally?
XRP Price Prediction Amidst escalating legal tensions, Ripple Labs is confronted with a $2 billion fine proposed by the SEC, an announcement that has rippled through the cryptocurrency market. Ripple’s CEO, Brad Garlinghouse, and CLO, Stuart Alderoty, shared their insights on March
Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today
Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI. In an announcement, the firms said the Hashdex Bitcoin Futures ETF has been converted to the
House Republicans Demand SEC Clarify Its Position Regarding Prometheum
House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security. U.S. crypto securities platform Prometheum planned to begin custody of ETH but these plans are
Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms
Crypto miner Bitdeer is in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity. Bloomberg reported Wednesday that talks are still ongoing, with details yet to be finalized. Bitdeer is among the largest bitcoin miners
KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US
Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws. The US Department
Bitcoin Price Prediction: ETF Launch & Halving Event Eye $75,000 Rally?
Bitcoin Price Prediction Bitcoin price steady around $70,355, marking a 0.45% increase, showcases its resilience and potential for growth. As enthusiasts and investors keenly observe, the integration of new financial products like Hashdex’s Spot Bitcoin ETF hints at an expanding horizon
Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca
Web3 gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures. The funding will be used to develop new games
Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT
The web3 gaming platform Munchables experienced a significant security breach, losing $62.5 million in Ethereum due to an exploit on the Blast network. Munchables confirmed the exploit through a post on social media, stating the loss occurred on March 26. “Munchables
HSBC Launches Gold Token Service for Retail Investors in Hong Kong
Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. HSBC’s new gold investment is available through the bank’s online banking service and app, it said Wednesday. It’s the first time HSBC has used
Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe
A South Korean court has released the son of software giant Hancom Group’s Chairman on bail as prosecutors continue to probe an alleged “crypto slush fund.” Officials have been investigating allegations since 2021, when reports began surfacing surrounding the Hancom Group