According to John Reed Stark, former attorney in the SEC’s Enforcement Division, the ruling in favor of Ripple Labs “resides on shaky ground”. Former Securities and Exchange Commission official John Reed Stark spoke out against the recent ruling on Ripple Lab’s case, calling the decision “troublesome on multiple fronts” in a LinkedIn analysis. Stark broke...Continue Reading

BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher. Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13 following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled...Continue Reading

According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain. CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.  According to a proposal discussion...Continue Reading

Bitcoin on-chain data confirms the significance of $30,000 as a point of interest for BTC accumlation. Bitcoin (BTC) at $30,000 is the most popular “buy” level ever, the latest on-chain data suggests. According to figures from crypto analytics firm Glassnode, a record amount of BTC changed hands near current spot price. Bitcoin: “Big move coming”...Continue Reading

Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology. The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.  Recent findings from...Continue Reading

From real estate to franchising, and from renewable energy to Hollywood, tokenization has the potential to transform the way we do business. Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential...Continue Reading

The IDF has reportedly employed AI extensively and has increasingly implemented these systems in various units to establish itself as a global leader in autonomous weaponry. As tensions rise in the occupied territories and with Iran, the Israel Defense Forces are reportedly utilizing artificial intelligence (AI) to choose targets for air strikes and manage logistics...Continue Reading

US-based crypto startups attracted 45% of all venture capital funding invested in the crypto industry, followed by the United Kingdom claiming 7.7% and Singapore with 5.7%. Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards U.S. crypto businesses, according to a recent...Continue Reading

The outcome of this case could establish a precedent that shapes the regulatory landscape for various digital assets within the United States. Senator Cynthia Lummis, a Republican from Wyoming, has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres, which declared that the Ripple-associated token XRP should not...Continue Reading

According to Ripple CEO Brad Garlinghouse, the filing of an appeal by the U.S. Securities and Exchange Commission would “only further” solidify Judge Torres decision that XRP is not a security. Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to appeal...Continue Reading