Potential $5M Investment from Binance Could Revitalize Terra Classic

Terra Classic Community Proposes Bold Plan: Binance to Burn 50% of USTC Trading Fees

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

6.08 Trillion SHIB Transfers to Coinbase Leave Questions Unanswered

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

Ripple CEO Criticizes SEC on Recent Court Rulings

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

Ripple CEO Brad Garlinghouse

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

The Terra Community May Give Up Burn Tax Now to Boost Utility

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

XRP Dips Below $0.55 Amid Legal Updates and Market Turmoil: 3 Key Reasons

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 […]

Blame SEC for BlockFi Bankruptcy, Says Ripple General Counsel

XRP Adoption Surges: BitPay Enables Seamless Payments and Storage Across the Globe

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

David Schwartz, 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 […]