Crypto Braces for Unprecedented Turbulence: The Impact of a Recession
This article analyzes the impact of an economic recession on the cryptocurrency market, considering the influence of the Fed's monetary policies and interest rates. It explores the role of cryptocurrencies as a safe haven, the importance of stablecoins, and the effects of interest rates on DeFi platforms. Additionally, it examines how institutional investors may affect crypto market volatility during a recession.
Ripple CEO Accuses US Regulator of ‘Hypocrisy’ on Twitter
Ripple CEO Brad Garlinghouse took to Twitter to express his criticism of the US Securities and Exchange Commission (SEC) for what he perceives as hypocrisy in their public statements regarding the cryptocurrency industry.
Scam Alert: Mysten Labs Warns of Token Spam on Sui Wallets
Mysten Labs has released a cautionary statement to inform the general public and its ecosystem regarding an ongoing scam targeting Sui Wallet users.
Binance halting operations in Canada
Earlier this year, Canadian regulators commenced the implementation of new regulations.
Coinbase Apologizes For Calling PEPE A “Hate Symbol”
The Chief Legal Officer of Coinbase issued a public apology to all supporters of the PEPE meme, following a newsletter where it was incorrectly associated with an Alt-Right group and deemed a "hate symbol."
Ripple Exec Bids For EU’s MiCA Amid US SEC Crackdown; Ripple Moving Out?
The International Policy Counsel at Ripple emphasized that concerns about innovation shifting to other countries are not exaggerated.
Bittrex to receive 250 BTC loan valued at $7M to start bankruptcy case
The loan's total worth could potentially increase to $19 million if a subsequent request is made.
Crypto exchange Bittrex files for bankruptcy after SEC complaint
Bittrex Inc, a cryptocurrency exchange, filed for bankruptcy protection on Monday, following allegations by the U.S. Securities and Exchange Commission (SEC) that it was running an unregistered securities exchange. This occurred three weeks after the SEC's accusation against Bittrex.
Ripple’s Legal Brawl With SEC Could Cost About $200M
According to Ripple's CEO, Brad Garlinghouse, the firm would have spent approximately $200 million in legal fees to fight against the SEC.
Federal Government Approves the Use of Blockchain in Nigeria
The Federal Government of Nigeria has approved the implementation of a National Blockchain policy, which allows for the use of Blockchain in the country.
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