Congress urges the SEC to create clear regulations for the cryptocurrency industry following the XRP lawsuit, raising questions about the future direction of crypto regulation. Key Points In the world of XRP, there is a new buzz surrounding the calls from Congress for the U.S. Securities and Exchange Commission (SEC) to create comprehensive and efficient…
Attorney Bill Morgan counters Max Keiser’s criticism of XRP, citing its regulatory clarity after Ripple’s victory against the SEC, indicating a promising future for the token. Key Points In the ongoing Ripple vs. SEC lawsuit, there has been no shortage of opinions and criticisms from both sides. One notable critic of XRP is Max Keiser,…
Indosuez Wealth Management introduces Le Clu3, an NFT loyalty program targeting tech-savvy clients in private banking. Key Points Indosuez Wealth Management, a division of Crédit Agricole, has launched Le Clu3, an NFT loyalty program for its exclusive clientele in the world of private banking. Developed by SiaXperience and METAV.RS, Le Clu3 targets tech-savvy clients in…
The Ripple vs SEC lawsuit nears its final ruling, generating anticipation for regulatory clarity and the broader impact on the crypto industry. Key Points The Ripple Vs SEC lawsuit is nearing its final phase, and the anticipation for the final ruling is high within the cryptocurrency industry. This case holds significant importance as it is…
Circle CEO suggests China should consider using CNY-backed stablecoins to promote the internationalization of its currency, emphasizing their potential effectiveness over CBDCs. Key Points In a recent interview with the South China Morning Post, Jeremy Allaire, CEO of Circle, suggested that the Chinese government should consider allowing Chinese Yuan (CNY)-backed stablecoins as a means to…
ZachXBT’s investigation into the Boneheads NFT rug pull leads to legal action in Canada over the scam worth $3.1 million. Key Points Crypto detective ZachXBT’s investigation into the infamous Boneheads NFT rug pull has made waves in the Canadian legal system. The lawsuit, which centers around the project’s scam of over $3.1 million, relies heavily…
Coca-Cola partners with SolSea for an exclusive NFT collaboration at the EXIT Festival in Serbia, offering attendees the opportunity to acquire limited edition Coca-Cola merchandise and NFTs. Key Points Coca-Cola has exciting news for all music and NFT enthusiasts! The renowned company has joined forces with SolSea, a leading NFT platform, for a special collaboration…
Luminex unveils the BRC69 Ordinals standard, simplifying customization and potentially revolutionizing Bitcoin Ordinals for content creators and traders. Key Points Luminex, a web3 launchpad, has unveiled a new standard called BRC69 Ordinals, which could potentially revolutionize Bitcoin Ordinals for content creators and traders. This standard offers a cost-effective solution for creators to develop Recursive Ordinals…
Kraken founder Jesse Powell faces FBI investigation over cyber-hacking and stalking allegations, adding to legal scrutiny and regulatory challenges for cryptocurrency exchanges. Key Points The founder of Kraken, a well-known cryptocurrency exchange, is currently the subject of an intense investigation as the Federal Bureau of Investigation (FBI) conducts a search of his Los Angeles home….
A surge in XRP burns, resulting from account deletions on the XRP Ledger network, raises questions and speculation within the crypto community. Key Points A surge in XRP burns has captured the attention of the cryptocurrency community. Approximately 247,000 XRP tokens were mysteriously burned, leading to confusion among crypto enthusiasts. This is mostly the result…
