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UK's Financial Industry Supports Digital Securities Sandbox Initiative
December 21, 2023
The UK Treasury's recent consultation on the implementation of a regulatory framework for digital assets, specifically known as the Digital Securities Sandbox (DSS), has concluded with significant positive feedback from …
Read moreBitcoin Powers Ahead with 160% Surge in 2023; Could Reach $160K in 2024
December 21, 2023
Snapshot In an incredibly robust performance in 2023, Bitcoin surged forwards with a 160% return, showing stark differences in global markets. Notably, U.S. trading sessions spearheaded this growth with an …
Read moreLedger Commits to Full Compensation for $600K ConnectKit Exploit Victims
December 21, 2023
Following a recent security exploit that compromised its ConnectKit library, hardware wallet provider Ledger has committed to reimbursing affected users fully for the approximately $600,000 loss in digital assets. The …
Read moreLearn Concept: The Critical Importance of Timely Cryptocurrency Wallet Updates
December 21, 2023
Ensuring the security and functionality of your cryptocurrency wallet is paramount to safeguarding your assets. This may sometimes mean promptly addressing vulnerabilities and releasing frequent updates, as seen in the …
Read moreCourt Turns Down Bankman-Fried's Request for Sentencing Extension
December 21, 2023
Former FTX CEO, Sam Bankman-Fried's request for a four- to six-week extension for his sentencing initially scheduled in late March has been rejected. This refusal finds its basis in a …
Read moreSolana Surpasses XRP Becoming the Fifth-Largest Cryptocurrency
December 21, 2023
Solana has taken over the position of the fifth-largest cryptocurrency in the market, leapfrogging XRP, previously closely associated with Ripple. This new standing as noted on Dec. 20, is effective …
Read moreChina Aims at Clarifying Web3 and NFT Growth Strategy
December 20, 2023
China is currently setting into motion its national framework to boost the adoption and growth of Web3 related services within the country. This involves fostering the development of new business …
Read moreSEC Holds Meetings with BlackRock and Nasdaq Over Bitcoin ETF
December 20, 2023
The U.S. Securities and Exchange Commission (SEC) had a discussion with major financial institutions BlackRock and Nasdaq regarding the proposal of a spot Bitcoin ETF. This marks a series of …
Read moreRipple Gains Ireland VASP License, XRP and XLM Price Actions Exhibit Unusual Correlation
December 20, 2023
Ripple's Irish subsidiary, Ripple Markets Ireland Limited, was recently granted a Virtual Asset Service Provider (VASP) license by The Central Bank of Ireland (CBI). This development allows Ripple to scale …
Read moreLearn Concept: Understanding the Digital Securities Sandbox
December 20, 2023
The learning concept deals with the Digital Securities Sandbox (DSS), an initiative by the UK Treasury to foster innovation in emerging technologies such as blockchain. The DSS rules allow for …
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