Significant cryptocurrency transfers have always made news as the movement of a substantial amount of capital has resulted in various shifts in market dynamics. A recent transfer reported by Whale Alert, a cryptocurrency data aggregator, showed that almost 20 million USDT was transferred from an unknown wallet and the Binance exchange. Since it was a […]
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US Federal Reserve pumps in more capital to banks as recession scare increases
The economy of the United States has been tumultuous for quite some time now, and as time progresses, more and more people believe that a recession is upon us. The fears have been allayed due to the market crunch and the increased circulation of banknotes in the economy. Economists have claimed that the problem is […]
Zimbabwe relaunches currency after being taken off the market a decade ago
Many countries across the globe have been going through economic turmoil, and that has also had adverse effects on their political and social climate. Zimbabwe has been one such country where inflation has been ongoing, and the supervising government did not take any stringent measures to fix it. In the wake of the surmounting hyperinflation, […]
XRP/MXN creates another landmark as liquidity index hits an all-time high
XRP and its subsidiaries have been making significant strides in the cryptocurrency field of late, and that has also been showcased in its daily progress. A recent analysis by the Liquidity Index Bot has shown that during daily progress of 4 percent, the XRP/MXN pairing on Bitso went up to an index of 4.921 million […]
MoneyGram CEO believes Ripple partnership is a transformative one
Ripple’s partnership with MoneyGram has been one of the key highlights this quarter in the cross border transactions industry. Several luminaries and proponents of the field have claimed that Brad Garlinghouse had bagged an excellent opportunity to spread the use of cryptocurrencies in the remittance market. During the recently concluded Ripple Swell Conference, Alex Holmes, […]
Dutch blockchain gaming company CEO on the run as fraudulent activities come to light
New companies are being built on the blockchain daily, and one of the most significant contributors to that are gaming firms. In between the cutthroat crypto world, some companies have taken steps to gain unfair advantages, which have now been called out. One example of such a company is Komodore64, a Dutch blockchain organization that […]
Millions worth of Ripple (XRP) speculated to be transferred to market maker firm
Cryptocurrency transfers have dominated the market recently, and Ripple’s native cryptocurrency, XRP, has been one of the most used ones. A new data point showed by XRPL Monitor revealed that a whopping 99.999 million XRP was sent between two cryptocurrency wallets. The entire transfer amounted close to $27.4 million, and the total fee for transferring […]
Lolli’s significant stride in the crypto market gets recognition from CNBC
Mainstream media has undoubtedly been fascinated by the growing presence of cryptocurrency organizations and industries. This was again evidenced when CNBC’s latest Upstart 100 list added Lolli; a Bitcoin rewards application organization to its roster. With the addition, Lolli becomes the only Bitcoin-related company topping the list amongst 99 other companies across the globe. According […]
Binance’s stabelcoin chugs along the adoption route with the new listing
Binance and its subsidiaries have made news multiple times in the cryptocurrency industry either by generating tie-ups or through strategic partnerships. Binance’s stablecoin, BUSD, had also captured headlines after increased adoption by major companies. The latest platform to add BUSD onto its roster was the SWIFT blockchain. The cross-chain wallet and payment application powered by […]
China does not want full control over citizens’ transaction data, claims central bank official
China has been the talk of the cryptocurrency town over the past few months, and the hype does not seem to be dying down anytime soon. In the space of weeks, the Chinese President XI Jinping and an official from the Chinese national bank both spoke about the benefits of blockchain technology and how it […]