Potential $5M Investment from Binance Could Revitalize Terra Classic
The Terra Classic network, which used to be very popular in the decentralized finance world and had promised to offer large-scale decentralized finance services, has lost its reputation over time. Although the community remains optimistic about its revival, its primary challenge is obtaining financial support for development. According to a Medium blog post by Terra […]
Bitboy’s Shiba Inu Tattoo Promise: If Mentioned in Lawsuit, He Vows to Follow Through
This month’s reports have emphasized that Bitboy, a well-known crypto content creator on YouTube, has been experiencing difficulties with the Shiba Inu community. The friction has been escalating in recent weeks, leading to verbal confrontations between Bitboy and the lead developer of Shiba Inu. The famous crypto influencer, Bitboy, has promised to get a tattoo […]
Ripple CEO Sheds Light on $10M XRP Exposure to FTX
In a recent fireside interview on CNBC’s Tech Transformers at Davos, Ripple CEO Brad Garlinghouse revealed that the blockchain payments company had exposure to FTX. Garlinghouse disclosed that the now-bankrupt cryptocurrency exchange received a $10 million XRP lease from Ripple. “… we did have some exposure to FTX,” the Ripple chief said. “I think … […]
‘Cautiously Optimistic’ Ripple CEO Anticipates Congress Clarity on Crypto in 2023
Brad Garlinghouse, the CEO of Ripple, expressed cautious hope in a discussion on Twitter yesterday that the US Congress will pass a framework for regulating cryptocurrencies in 2023. Garlinghouse emphasized that Congress is not starting from zero because other organizations have introduced a bill that addresses various facets of the developing sector. Although the Ripple […]
FTX & DCG Accused by 3AC Creator For Leading Terra to its Demise
2022 was one of the most difficult years in the history of cryptocurrency. Terra’s demise ended with Digital Currency Group, or DCG. Similar hypotheses were developed. Su Zhu, the founder of 3AC, the first business to fail due to Terra’s demise, has developed his idea. The failure of FTX had a significant impact on Genesis […]
Deaton and Ripple CTO Slams “Mr. Wonderful” For Criticizing Binance For FTX Crash
During yesterday’s Senate Banking Committee hearing on the FTX collapse, Shark Tank investor and serial entrepreneur Kevin O’Leary, aka Mr. Wonderful, blamed rival cryptocurrency exchange Binance for the financial disaster of the exchange. O’Leary asserts that Binance forced FTX out of business. Despite Sam Bankman-Fried’s recent arrest on fraud charges and a separate complaint from […]
Whale Anonymously Withdraws 4 Billion XRP From Bittrex
Data provided by Whale Alert indicates that significant XRP outflows have occurred from the renowned cryptocurrency exchange, Bittrex. In a single hour, the mysterious XRP whale withdrew 4,124,254,650 (4.12 billion) XRP from an address on the Bittrex cryptocurrency exchange. It’s noteworthy that the Bittrex user transferred a substantial amount of XRP coins to various external […]
154.3 Billion Terra Classic LUNC FTX Wallet Holding Discovered – How Will This Impact LUNC Burn and Value?
A wallet containing a large number of Terra Classic tokens on the already bankrupt FTX exchange has recently been discovered, giving several community members reason to believe that the circulating supply of LUNC is about to be drastically reduced. A self-proclaimed Terra Classic whale #LUNC Wolfy, the head of LINK Digital Bank, took to Twitter […]
Blame SEC for BlockFi Bankruptcy, Says Ripple General Counsel
In a few tweets on Sunday, Ripple General Counsel Stuart Alderoty blamed the US Securities and Exchange Commission for the imminent collapse of BlockFi, establishing a trend of the regulation harming customers. Read: After Embarrassingly Bad Performance, Ripple General Counsel Talks to SEC Cops Alderoty claims that it is unclear if the SEC performed its […]
FTX Fall Lesson Most Likely Ignored By People, Says Ripple CTO
The CTO of Ripple, David Schwartz, claimed today on Twitter that there are numerous things we can take from the failure of FTX. Nevertheless, Schwartz contends that people are most inclined to overlook the obvious. If there are no checks to stop you, according to Schwartz, it is impossible to resist the urge to speculate […]