The National Bank of Georgia is piloting the Digital Lari using Ripple’s CBDC Platform. Natia Turnava of the NBG has endorsed Ripple for their technical expertise in blockchain technology. The pilot is set to test Ripple’s CBDC platform in real-world applications, as Ripple progresses with similar initiatives in numerous countries. Ripple’s Selection in Competitive Process […]

In an outcome that won’t surprise observers, Sam Bankman-Fried, the Founder and former CEO of collapsed crypto exchange FTX, has been found guilty of all seven charges for which he was on trial and now faces up to a maximum of 110 years in prison. Those charges include wire fraud, conspiracy to commit fraud, and […]

Sam Bankman-Fried gambled with a cryptocurrency scam and lost. His guilty verdicts make the rest of us into winners.

Crypto analyst Egrag recently delved into the XRP price charts and spotlighted signs that suggest a possible rally of more than 1,500% is on the horizon. The focus of this analysis is the ASO (Average Sentiment Oscillator), a metric that traders employ to determine market sentiment. XRP Price Rally Of 1,500%+ Ahead? Egrag’s monthly XRP/USD […]

The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network.

This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency is still up throughout the past seven days, but not as much as last week. SBF was found guilty, Solana (SOL) is exploding, and whatnot. […]

Multiproduct cryptocurrency ecosystem TrustSwap names new CEO and shares further strategic plans

Northern Data AG, a Germany-based Bitcoin mining company, has secured a significant debt financing facility from Tether, the issuer of the world’s largest stablecoin by market capitalization, USDT. The debt financing facility amounts to 575 million euros (approximately $610 million), marking a major investment in the Bitcoin mining sector. This move is seen as Tether […]

SOL retreated 10% after recent highs, yet investors remain bullish on Solana. Arthur Hayes publicly admitted to buying Solana, mixing criticism and FOMO-driven excitement. Crypto asset prices often increase before conferences like Solana’s Breakpoint, driven by the  anticipation of significant announcements. SOL Retraces After Initial Gains After making impressive gains over the past few weeks […]

The Solana Firedance: Up 80% in the last 30-Days Just 12 months ago, Solana was a mere US $8 token, as it crawled out from the FTX wreckage. Fast forward to today, and it’s experiencing a resurgence with an impressive 80% gain over the past 30 days, with a 30% surge in just the last […]

In a move that showcases the expanding demand for Bitcoin, St. Galler Kantonalbank (SGKB) has become the latest major Swiss bank to offer Bitcoin and crypto buying services. Announced Thursday, SGKB partnered with SEBA Bank to offer its retail customers cryptocurrency trading and custody services, a venture that marks another step in the expanding world […]

ProShares, one of the biggest issuers of exchange-traded funds (ETFs), has added another Ethereum-related ETF to its growing offerings following the launch of the “world’s first Short Ether-Linked ETF” on November 2.  ProShares Short Ethereum Strategy ETF In its announcement, the asset manager mentioned that the ProShares Short Ether Strategy ETF trading under the ticker […]

Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue.

A widely followed crypto analyst says that Bitcoin (BTC) is entering an “explosive” phase as the king crypto’s long-term metrics reverse course. In a new thread, pseudonymous crypto strategist TechDev tells his 420,200 followers on the social media platform X that one signal comes around every 3-3.5 years which points to “several months” of growth […]

Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document, PayPal says that the regulatory agency has issued a subpoena over PYUSD, the firm’s dollar-backed stablecoin which launched earlier this year. “On November 1, 2023, we received a subpoena […]

He was extradited to the United States last December from the Bahamas, where he had operated the FTX cryptocurrency exchange and a hedge fund, among …

Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan agreement. The facility, operating under standard market conditions, is unsecured and set to mature on January 1, 2030, and is expected to […]

Shiba Inu price chart prints green candle, while mysterious whale buys 34 billion SHIB

The founder of SkyBridge Capital says that Bitcoin (BTC) and one Ethereum (ETH) competitor have helped the firm see strong returns on its investments. In a new interview on Bloomberg Television, Anthony Scaramucci says that October 2023 was the best month SkyBridge Capital has had on record due to BTC and smart contract platform Solana […]

Sam Bankman-Fried has been found guilty of spearheading a billion-dollar fraud against customers and investors at the crypto exchange FTX and trading firm Alameda Research. A jury has found Bankman-Fried guilty on all seven charges against him, including wire fraud and conspiracy to commit wire fraud against FTX’s customers, wire fraud and conspiracy to commit […]

The crypto world has evolved greatly in the last few years as people become more interested in finding something new to fiat money. But because cryptocurrencies increased in popularity, so did the risks people are exposed to. This is because plenty of scams have appeared, so now people have a hard time knowing if an […]

MicroStrategy, the software firm led by prominent Bitcoin evangelist Michael Saylor, is once again demonstrating the potential of Bitcoin as a store of value. With a strategic approach to accumulating the Bitcoin through the entirety of the most recent bear market, the company is now sitting on a nearly $1 billion gain. MicroStrategy’s journey into […]

Bitcoin (BTC) is currently experiencing a notable surge in its value, effectively propelling the entire cryptocurrency market upwards. The recent upswing has drawn the attention of various experts in the field, one of whom is the pseudonymous crypto strategist known as TechDev.  In a recent post on the popular social media platform X, TechDev emphasized […]

Bitcoin is due to hit $45,000 by the end of 2023, with post-halving BTC price targets reaching a giant $250,000.

Bankman-Fried was convicted in a landmark fraud case, with the jury swiftly reaching a unanimous verdict on the misappropriation of US $8 billion from FTX customers. Within hours after closing arguments framed Bankman-Fried as either a deceitful schemer or a besieged entrepreneur, the jury delivered the verdict. Bankman-Fried, who could serve up to 115 years […]

A top crypto strategist predicts that one altcoin focused on artificial intelligence (AI) will double up while updating his outlook on decentralized oracle provider Chainlink (LINK). Pseudonymous crypto trader Bluntz tells his 226,200 followers on the social media platform X that Ocean Protocol (OCEAN), a data-sharing digital asset with a focus on AI, will see […]

PayPal has recently gone under the scrutiny of the United States Securities and Exchange Commission (SEC) as the Enforcement division issued a subpoena related to its US dollar-pegged stablecoin. The revelation of the SEC’s action came to light on November 2, according to a report by Reuters. SEC Inquiry Follows PayPal’s PYUSD Stablecoin Launch This […]

A jury unanimously found the former golden boy of cryptocurrency, Sam Bankman-Fried, guilty on all counts on Thursday.

The key news of the last day of October in U.Today’s news digest, check it out!

BitMEX co-founder Arthur Hayes is doubling down on a prediction that Bitcoin (BTC) is destined to reach a seven-figure price. Hayes says that a monetary policy tool known as the yield curve control (YCC) will act as a catalyst for Bitcoin to reach $1 million, a gain of around 2,738% from the current level. Central […]

MicroStrategy’s Executive Chairman Michael Saylor spoke with CNBC on Thursday about the future of regulation and corporate adoption for Bitcoin (BTC), shortly after his company announced a $5.3 million BTC purchase last month. While the billionaire maintained that “you can never have too much Bitcoin,” he also claimed that “big banks” will be necessary for […]

The governing body for the aragonOS DAO-creation tool will wind down, transferring its assets to token holders.