The ongoing case between Ripple Labs and the United States Securities and Exchange Commission is currently in its trial phase. This stage of the lawsuit is typically where a resolution is expected, but the timeline for the conclusion remains uncertain. Recent developments have unfolded as of June 27th, shedding light on the progress of the
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The recent distributed denial of service (DDoS) attack on the Cardano network has sparked both concern and praise from investors. The attack, aimed at disrupting operations, was effectively mitigated by the network’s mechanisms and decentralized structure. According to industry expert Jaromir Tesar, the attack demonstrated Cardano’s ability to withstand and thwart malicious activities. Most services,
The gaming industry has seen exponential growth with the introduction of MetalCore, a sci-fi mech shooter metalcore game set on the distant planet of Kerberos. This massively multiplayer online game (MMO) offers players thrilling PvPvE battles and a player-driven economy that shapes the course of gameplay. With its focus on strategic combat and immersive gameplay,
Dalmas Ngetich is not your average crypto reporter. His background in mechanical engineering and over a decade of experience in journalism sets him apart in the industry. Specializing in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, Dalmas has crafted over 10,000 news and feature articles, showcasing his in-depth knowledge and expertise in the field.
Stablecoins have been making waves in the financial world, with Token Terminal data indicating a massive surge in monthly transfer volumes. From a mere $100 billion in October 2020, the volume has skyrocketed to over $1.68 trillion in April, marking a significant 16-fold increase. The data also highlights the growing relevance of stablecoins in revolutionizing
In the realm of cryptocurrency, Bitcoin has long been viewed as a key player influencing market trends. Its movements often serve as a primary indicator for other digital assets, setting the tone for the overall market sentiment. However, recent data suggests a shift in this traditional narrative, particularly in the behavior of long-term holders of
Telegram, often known as a messaging app, has evolved into a multifaceted gaming platform that offers users a plethora of mini-games. These games range from puzzles and arcades to strategy games and quizzes, ensuring that there is something for everyone. The platform has successfully blended communication and entertainment, creating a unique gaming experience for its
The aftermath of the FTX collapse has led to a new legal battle over millions of dollars in assets seized from Sam Bankman-Fried (SBF), the former CEO sentenced to 24 years in prison. Various parties are now vying for control of the assets seized from SBF and former FTX executives. These assets range from airplanes
Ripple is set to introduce a new stablecoin called Ripple USD (RLUSD) in 2024 on both the XRP Ledger and Ethereum platforms. This stablecoin is designed to act as a link between traditional finance and the cryptocurrency industry. Despite the promising prospect of RLUSD, the United States Securities and Exchange Commission (SEC) has already criticized
The concept of asset tokenization in the financial sector has been gaining traction in recent years as a way to revolutionize securities and asset management. SEC commissioner Mark Uyeda, in a recent statement, highlighted the potential benefits of asset tokenization, emphasizing the advantages of representing asset rights with digital tokens on a blockchain. Uyeda pointed