In an era where digital assets increasingly permeate daily life and economics, voters across the United States are evolving their political stances to encompass cryptocurrency as a pivotal issue. According to a recent survey conducted by ConsenSys and HarrisX, approximately 49% of voters underscore the importance of a pro-crypto perspective when contemplating political candidates. These
Crypto
In a groundbreaking move to protect blockchain innovators, the Cryptocurrency Open Patent Alliance (COPA) has joined forces with Unified Patents to establish the Blockchain Zone. This initiative is aptly designed to act as a bulwark against “patent trolls,” which are notorious for exploiting the legal system to extort settlements from cryptocurrency developers and companies. By
In recent weeks, the cryptocurrency landscape has weathered significant storms triggered by escalating geopolitical tensions, particularly following recent missile strikes from Iran targeting Israel. Such incidents often send ripples through financial markets, and the crypto sector is no exception. Notably, Bitcoin, the leading digital asset, saw its price dip below the critical threshold of $60,500.
In the volatile landscape of cryptocurrency, recent market corrections have posed challenges, particularly for altcoins like Polkadot (DOT). As geopolitical tensions escalate globally, the impact on digital currencies has become evident, leading to substantial price adjustments. This week, Polkadot’s value plummeted to $4.04, marking a notable decline of over 14% in just three days. Such
The recent announcement of Gurbir Grewal’s resignation from his post as the Director of Enforcement at the U.S. Securities and Exchange Commission (SEC) has sent ripples through the financial and cryptocurrency communities. Set to leave the agency on October 11, 2024, Grewal’s departure, which was made public via an official press statement on October 2,
In recent times, the cryptocurrency landscape has witnessed significant developments, particularly concerning XRP, the digital asset native to the Ripple network. This week marked a pivotal moment when Bitwise Asset Management registered a trust for an “XRP ETF” in Delaware, signaling its ambitions to bring a new level of legitimacy to this asset. The following
In a significant development for the cryptocurrency sector, Bitwise Asset Management has taken a decisive step by filing for an XRP exchange-traded fund (ETF) in Delaware. This action marks a pivotal moment for institutional investment in the blockchain space, particularly for Ripple’s native currency, XRP. As various reports emerged highlighting the legitimacy of this filing,
In a startling revelation that underscores the vulnerabilities in the cryptocurrency space, a 21-year-old man from Lebanon, Indiana, has confessed to orchestrating a vast theft exceeding $37 million. Evan Frederick Light’s scheme, which targeted a Sioux Falls, South Dakota investment firm, reflects the increasing sophistication of cybercrimes in a rapidly evolving digital landscape. He appeared
In a significant development in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the agency has filed a notice of appeal seeking to reverse a 2023 ruling that largely favored Ripple. The ruling, made by Judge Analisa Torres, determined that the secondary sales of Ripple’s XRP token do
The recent missile strike by Iran on Israel has had a significant shockwave effect on the cryptocurrency markets, particularly Bitcoin, which traditionally attracts a lot of attention during periods of geopolitical instability. On October 1, following news of the missile strike, Bitcoin’s price saw a sharp decline of nearly $4,000 within a mere 24 hours,