Crypto Bank Meld to Launch Tokenized RWAs to Retail Investors
Crypto online banking company Meld, which received a VASP license in Lithuania, is set to launch tokenized real-world assets (RWA) for retail investors. The bank will launch borrowing and lending services against tokenized RWA in partnership with German-licensed DeFi platform Swarm
Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus
Bankrupt crypto lender Celsius has begun demanding customers who made major withdrawals in the three months preceding its bankruptcy to return their funds or face legal action. A committee-supervised administrator has sent letters to customers who withdrew more than $100,000 each
Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election
The U.S. House Financial Services Committee Chair Rep. Patrick McHenry (R-NC) has suggested upcoming advancements in stablecoin legislation before the election. Speaking at a Coinbase event in Washington on March 20, McHenry noted that despite recent Congressional disruptions, a stablecoin bill
XRP Price Prediction as Solana Overtakes Ripple – What’s Going On?
XRP, Ripple’s native token, has recently seen a dipped below the key $0.60 support level, a move primarily driven by the ongoing SEC lawsuit against Ripple. This legal entanglement has stirred investor anxiety, contributing to XRP’s decline, but for the movement,
South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto
South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500. Tax officers said they had seized a whopping $567,000 of the total from one single individual. The move is
Enterprise Ethereum Use Cases Expected to Increase in 2024
Investors are not the only ones interested in Ethereum (ETH). An increasing number of businesses also plan to leverage Ethereum this year. While large companies have previously dabbled in Ethereum, industry experts believe that enterprise Ethereum is finally gaining momentum. Data from
Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for
Bitcoin Price Pumps Back Above $67,000, Up 10% from Intra-day Lows Following Dovish Fed
The Bitcoin (BTC) price is pumping in the wake of the latest Fed policy announcement, which saw the bank leave interest rates unchanged at 5.25-5.5% for a fifth successive meeting and continue to forecast three rate cuts in 2024. Bitcoin was
SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports
The United States Securities and Exchange Commission (SEC) is reportedly serving subpoenas to several U.S. businesses as part of a “legal campaign” to formally classify Ethereum as a security, a Tuesday article from Fortune reveals. Crypto Firms Subpoenaed By SEC in
Do Kwon Appeal On Extradition To South Korea Denied by Montenegro Court
A Montenegro appeal court denied Do Kwon’s appeal on Wednesday to overturn a ruling mandating his extradition to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to