Today marks one year since Judge Analisa Torres’ pivotal ruling that XRP is not a security. The decision reshaped the landscape for Ripple and the broader cryptocurrency sector. Reflecting on this landmark anniversary, Ripple’s chief legal officer Stuart Alderoty shared his insights on the ruling’s impact and broader implications for the industry: “It was a
Author: letsdoh
Tether’s USDT stablecoin’s market share on centralized exchanges (CEXs) has decreased from 82% to 74% so far this year. This decline in dominance highlights the growing competition in the stablecoin market and the potential regulatory challenges facing Tether. EU regulations and new competitors Notwithstanding the drop in market share, Tether (USDT) remains the most widely
China and Kazakhstan have entered into a strategic partnership to collaborate on Central Bank Digital Currency (CBDC) research. The initiative focuses on enhancing knowledge sharing, expertise, and employee competencies through joint training and research projects. The People’s Bank of China (PBoC) and the National Bank of Kazakhstan (NBK) partnership comes as global interest in CBDCs
Spot Bitcoin (BTC) exchange-traded funds (ETFs) witnessed a significant surge on July 12, with inflows surpassing $310 million—the highest since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) led the inflows, bringing in $120.03 million and $115.14 million respectively, as per information from SoSoValue. The Bitwise Bitcoin ETF
Abra, the digital assets and wealth management platform, purchased Tron (TRX) and Zilliqa (ZIL) among other private crypto trusts from Valkyrie Investments. Bloomberg reported on Friday that Abra acquired the private trusts just before its settlement with 25 U.S. state regulators over charges of operating without required licenses. Abra Capital Management LP, a US Securities
Former U.S. president Donald Trump’s probability of retaking the White House jumped to an all-time high Saturday after he was injured from a shooting at a rally in Pennsylvania, according to traders on Polymarket. A Secret Service spokesman said the Republican presidential candidate was “safe” after the shooting, according to The New York Times. A
The core question at the heart of the U.S. Department of Justice’s case against Tornado Cash developer Roman Storm is whether he created software or controlled a service. Storm’s attorneys sparred with prosecutors Friday during a three-hour-long hearing on his motion to dismiss the government’s case against him, with Judge Katherine Polk Failla of the
Thursday’s CPI report showed further signs of cooling prices although inflation is far from the Fed’s 2% goal. However, the Fed might be more focused on the labor market, which could become a threat if it slows down significantly more. Odds for a rate cut in September have increased to nearly 95%. Markets, including crypto
July 11: Pyth, a blockchain oracle protocol, has officially launched its newest product, Express Relay, on mainnet, according to the team: “The launch introduces a novel decentralized solution to the long-standing problem of MEV in processing liquidations and market-efficiency enhancing transactions in DeFi – once thought to be an inevitable characteristic of on-chain finance. The
MakerDAO announced on Thursday an open competition to invest $1 billion in tokenized U.S. Treasury offerings. Top issuers such as BlackRock with Securitize, Ondo Finance and Superstate are planning to apply, they told CoinDesk. Maker’s governance token (MKR) jumped 5% on the news. 06:22 Philippines Taps Blockchain 04:56 BlackRock CEO Predicts Tokenization Is the Future