XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56. XRP Ledger reduced base reserve requirements from 10 XRP ($25.60 at current XRP prices) to just 1 XRP ($2.56) on Dec. 2, blockchain data shows. This allows new network users to fund their wallets with...Continue Reading
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets. German fintech 21X, one of the four applicants for a blockchain trading infrastructure under the European Union’s DLT Pilot Regime, has secured regulatory approval to launch a tokenization platform. 21X has received a license to operate...Continue Reading
Yuga Labs strengthens its NFT infrastructure with Tokenproof’s tech team, aiming to enhance accessibility and utility in the Web3 space. Yuga Labs, the blockchain company behind the popular ape-themed non-fungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC) and ApeCoin, has acquired the tech team of Tokenproof, a Web3 tokenization service. On Dec. 3, Tokenproof...Continue Reading
Zach Rynes, also known as “ChainkLinkGod,” said that XRP is a “banker-themed memecoin” that failed to get traction. Chainlink’s native token, LINK, jumped 29% as community members positioned it as the real “bank coin,” contrasting it with XRP. On Dec. 3, the Chainlink (LINK) token rose to $25.32, marking an almost 30% increase in 24...Continue Reading
“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery. Crypto industry executives were quick to point out the folly of the United States government’s decision to transfer $1.9 billion of Bitcoin to Coinbase, with some calling it a...Continue Reading
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress. Top lawmakers in the United States have introduced a bill that would require federal regulators to conduct studies on how artificial intelligence impacts the financial services and housing industries. Congresswoman...Continue Reading
The SEC’s former crypto unit chief Jorge Tenreiro is now the agency’s chief litigation counsel, leading its lawsuits and legal probes across the US. The acting chief of the United States Securities and Exchange Commission’s crypto and cyber unit is now heading the agency’s overall litigation efforts, getting in just weeks before the Trump administration...Continue Reading
South Korean retail traders were frenzying over “high momentum” tokens including XRP, DOGE, ENS, and HBAR on Dec. 2 trading. Retail trading volumes for crypto assets in South Korea surged to $18 billion in the last 24 hours, outperforming the country’s entire stock market by 22%, according to a new report from 10x Research. In...Continue Reading
Crypto exchange executives said growing regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November. Monthly crypto exchange volume hit a three-year high in November, sparked by Donald Trump’s election win at the start of the month, along with renewed hopes of more favorable crypto regulations. According...Continue Reading
DOGS has also entered into a partnership with Best Friends Animal Society, a nonprofit dedicated to animal welfare in the US. DOGS, a memecoin built on The Open Network (TON), plans to donate over 6 billion tokens worth approximately $4.5 million to nonprofit organizations worldwide following the launch of a charity portal in late November....Continue Reading
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