Tenity launches the XRPL Accelerator in Singapore for early-stage startups
Tenity, a leading global innovation ecosystem and early-stage investor for FinTech & InsurTech, announced today that it has become the first program partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific with the launch of a Singapore-based cohort. The 12-week program will support bold, visionary entrepreneurs building cutting-edge products and new use cases for blockchain and […]
Could Bitcoin’s 10 Week losing Streak Finally Be Broken?
Despite the SEC’s ongoing crackdown on Web3, it seems that the largest cryptocurrency by market capitalization, Bitcoin, may finally be breaking out of a multi-month downtrend. Despite a notable 76% surge from the yearly open to April, Bitcoin has since retraced, surrendering some of its gains and entering into a downtrend. Aligned with this observation, […]
Binance and SEC Settle Differences Temporarily: US Assets To Stay Put
Late last week, A United States District Court Judge approved an agreement between Binance, Binance US, as well as the SEC to dismiss an order that would freeze all assets on the Binance U.S. platform. This followed a Temporary Restraining Order (TRO), which the SEC filed on the 7th of June as part of its […]
Navigating Crypto Chemotherapy: Understanding Operation Chokepoint 2.0 and the Shifting SEC Landscape
Could the collapse of regional US banks be a foretaste of things to come as the SEC intensifies its efforts to de-bank crypto? Both Silvergate and Signature Bank were the primary banks in the US that bridged the traditional banking system with crypto, providing on and off ramp services for crypto businesses. While one might […]
Web3 Has a Messaging Problem, and it Matters more than you think
We’re gradually navigating through the third year of the web3 bear market, a landscape that feels paradoxically bizarre yet thrilling. This oxymoronic state of being towers almost proudly at the forefront of this fiery mix of revolutionary technology, reshaped social governance models and a bigger-than-ever ease to scam money away from overly excitable young visionaries. […]
Investment Giant BlackRock Files For Bitcoin SPOT ETF: Here’s Everything You Need To Know
BlackRock, a global leader in asset management and investment services boasting an impressive $9 trillion in assets, has officially filed for a Bitcoin SPOT ETF. A Bitcoin SPOT ETF, or Exchange-Traded Fund, is a financial instrument that tracks the price of its underlying asset, allowing investors to gain exposure to the world’s largest cryptocurrency without […]
A Bear Market Unicorn? Here’s All You Need To Know About Radiant Capital ($RDNT)
At the height of the DeFi boom, money markets played a crucial role in every ecosystem, offering traders a way to utilize their capital without liquidating their existing assets. One such market, Radiant Capital, emerged as a significant player during this period. For example, instead of selling off longer-term holdings for access to spare capital, […]
Unveiling Cosmos’ App-Chain Security Solutions: A Deep Dive into Interchain Alliance & Rollapps
Following our previous article, this will be the final part of a two-part series on the security solutions for Cosmos, where we’ll jump right into the basics of Interchain Alliance and ‘Rollapps’. Also Read: Exploring Cosmos’ Security Solutions for App-Chains: Replicated and Mesh What is the Interchain Alliance? Interchain Alliance is an open-source solution developed […]
What are the Hinman Documents and How Does it Affect Crypto, Ripple, and Ethereum?
Whether you’re a newcomer or a crypto veteran, you have likely heard of the SEC’s long-standing lawsuit against Ripple and it’s native token XRP. Dating all the way back to December 2020, the lawsuit alleged that Rippled had conducted an unregistered securities offering by selling XRP, and that Ripple should have registered it with the […]
Binance’s Netflow Soars to $500 Million Amid Mounting SEC Pressure
According to data from Scope Protocol’s Web3 analytics tool, centralized exchange Binance has experienced positive netflow despite the SEC’s ongoing lawsuit against them. Despite almost $6bn in user assets being withdrawn from the platform over the last week, Binance has seen a surge in deposits over the last 24 hours, with stablecoins and Ether leading […]
4 Market-Moving Crypto News Stories You Might Have Overlooked This Week
With the spotlight fixed on The SEC, Binance, and Coinbase this week and dominating social media platforms, it’s no surprise that some noteworthy happenings in the Web3 space have slipped under the radar. Despite not capturing the same level of attention within the crypto community as the recent lawsuits, these developments undoubtedly hold the capacity […]
a16z’s London Expansion: Is the UK Set to Become the Next Crypto Hub?
As the United States Securities and Exchange Commission persists in its crackdown on cryptocurrency, numerous industry experts are voicing their discontent with the nation’s approach to managing the crypto landscape. Brian Armstrong, the CEO of Coinbase, has repeatedly pointed out that the SEC’s lack of transparency in implementing regulations for Web3 has been a cause […]