The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the week ahead of a $30 million token unlock. According to data from tokenomics platform Token Unlocks, 24.16 million OP tokens, which account for roughly 3% of the circulating supply — are scheduled to
XRP
In the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC), John Deaton, a prominent lawyer supporting XRP, has recently shed light on potential conflicts of interest and regulatory capture that may have influenced the SEC’s decision to take legal action against Ripple. Ethereum is at the epicenter of these allegations.
Bitcoin (BTC) has been trading in a tight range for the past three days even as the S&P 500 fell for the last four days of the week. This is a positive sign as it shows that cryptocurrency traders are not panicking and rushing to the exit. Bitcoin’s supply seems to be gradually shifting to
The Federal Reserve did not hike interest rates in its meeting on Sep. 20 but hinted that rates could remain higher for longer. At the post-meeting press conference, Fed Chair Jerome Powell cautioned that “the process of getting inflation sustainably down to 2% has a long way to go.” This possible scenario may have triggered
In a recent development, pro-XRP legal experts Bill Morgan and John Deaton have taken a swipe at the US Securities and Exchange Commission’s (SEC) Chair Gary Gensler following his recent comments, which show his stance on the Ripple Case. Ripple Case: Gensler a “Megalomaniac” In a tweet shared on his X (formerly Twitter) platform, Deaton
Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed. Leon Lee, founder and CEO of Only1 — a decentralized version of OnlyFans — tells Cointelegraph there has been a recent power shift from intermediaries to content creators, thanks to
Ethereum layer-2 scaling solution Optimism has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management purposes. At current prices, the sale will see $159 million worth of OP tokens change hands. Starting today, there will be several transactions totaling approximately 116M OP tokens. We’re sharing as a heads up
Bitcoin’s (BTC) recovery is facing selling above $27,000, indicating near-term nervousness due to the Federal Reserve’s meeting on Sep. 20. However, long-term investors are unfazed and they have continued to accumulate. Glassnode data shows that Bitcoin’s inactive supply has been at all-time highs since July. This bullish temperament is not reflected in institutional activity, however.
Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently “under an attack.” The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer’s protocol until further notice. The balancer frontend is under an attack. The issue is currently under investigation. Please do NOT
Ripple’s XRP token is believed to boast huge potential, but many have wondered how valuable the token can become. Ripple’s CEO Brad Garlinghouse seems to have an answer as he claims the token could become the next Bitcoin. How XRP Can Become The Next Bitcoin A prominent figure in the XRP community, JackTheRippler, shared a
Prominent figures in the crypto community have continued to give their takes on why and how a settlement between Ripple and the US Securities and Exchange Commission is likely to happen. This time around, Crypto influencer Zach Rector has stated why he believes a “settlement is guaranteed.” Ripple And SEC Guaranteed To Settle In a
In a series of tweets that have captured the attention of the crypto community, John E Deaton, a lawyer known for his pro-XRP stance, alluded to the existence of damning information about ETH Gate that could be disclosed soon. His comments come in the wake of tweets from Steven Nerayoff, an early adviser to the
Cryptocurrency users frequently fall prey to online hacks with Mark Cuban being just the latest high-profile example how nearly a million dollars can leave your digital wallet. It is possible to substantially bolster the security of your funds by heeding three simple guidelines that will be outlined in this article. But before delving into these, it’s
There have been several debates on the likelihood of the court granting the US Securities and Exchange Commission’s (SEC) motion for an interlocutory appeal in its legal battle against Ripple Labs. Following this, a former SEC official has come out to give his opinion on the likelihood of this happening. Will The SEC’s Motion Be
In a strategic move to solidify its position in the crypto industry, Ripple has announced a comprehensive expansion of its Liquidity Hub. This expansion underscores Ripple’s dedication to enhancing user experience, diversifying its asset offerings, and broadening its global presence. Here’s What’s New At Liquidity Hub Ripple’s Liquidity Hub, known for its user-centric approach, is
In a recent interview with Bloomberg’s Annabelle Droulers at the Singapore Token2049 conference, Ripple CEO Brad Garlinghouse shared his insights on the ongoing appeal by the Securities and Exchange Commission (SEC) regarding a court decision by Judge Analisa Torres. Garlinghouse expressed his frustration with the SEC’s persistence, stating, “Well, on one hand, it’s frustrating. You
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