This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service. Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing banking crisis. Tether’s latest audit report shows that the stablecoin issuer withdrew over...Continue Reading

In an interview with Cointelegraph during the Bitcoin 2023, Fred Pye spoke about how Canada’s advanced regulation for crypto trading is drawing investors to the digital assets market. As the hype around Bitcoin (BTC) has faded, institutional investors and portfolio managers have begun looking at the major cryptocurrency as a “serious venue” to invest in,...Continue Reading

Binance’s partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil. Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country’s central bank to operate as a payment institution and electronic money issuer on May 19, according to...Continue Reading

Conditions are ripe for a Bitcoin range breakout, but fears among traders are that a deep correction is due. Bitcoin (BTC) remained stuck inside a narrow range into May 20 as cryptocurrency markets shook off United States macro triggers. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Powell leaves market with “tons of uncertainty” Data...Continue Reading

The total number of Bitcoin Ordinals has surpassed 8 million since its inception in January. According to a report compiled by @dgtl_assets of Dune Analytics, the total network fees paid for the minting of Bitcoin Ordinals reached 1,414 Bitcoin (BTC), or $38.2 million, on May 20, representing an increase of 700% from April 20 and...Continue Reading

A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market. A crypto fund is an investment fund that primarily focuses on investing in cryptocurrencies or digital assets. It allows investors to gain exposure to the crypto market without having to purchase...Continue Reading

Ever wondered who invented nonfungible tokens — aka NFTs? The timeline includes colored coins, quantum, CryptoPunks and a lot more. Revival and resurgence: NFT market rebounds and issuance of Bitcoin-native NFTs The sector took a plunge in 2022 but regained an upward trend in 2023, bringing the joy back to NFT aficionados. For much of...Continue Reading

It’s always been possible to store arbitrary data alongside blockchain transactions, but NFTs on Monero introduce a slew of new concerns. Nonfungible tokens (NFTs) are finally on the most infamous privacy-focused blockchain, but not everyone is happy about it. Mordinals, or Monero Ordinals, are similar to Bitcoin Ordinals in that they allow anyone to inscribe...Continue Reading

Learn how to maximize the benefits of cloud storage by organizing files, securing data and syncing across devices effectively. Cloud storage has revolutionized the way we store, access and share data. It has evolved into a vital resource for both individuals and companies because of its many benefits, including scalability, accessibility and cost-effectiveness. However, it...Continue Reading

The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day. The ongoing case of the Securities and Exchange Commission v Ripple Labs could have a significant impact on the future of cryptocurrency regulations.  Ripple first popped up...Continue Reading