Category: Crypto News

Big players like Grayscale, Bitwise, Canary, and CoinShares are fine-tuning their applications for spot XRP ETFs, working closely with the SEC to get things just right. They’re setting up these ETFs to allow for either XRP or cash when creating or redeeming shares, offering flexibility that makes the whole process smoother.

There is a zero-day exploit currently being used to target high net worth individuals that use iOS or MacOS versions of their cryptocurrency wallets.

Monero, the most popular privacy focused blockchain is now undergoing 51% attack. The ticker XMR is already banned from most major centralized exchanges.

The company behind USDC stablecoin, Circle has launched Arc, an open Layer-1 blockchain designed to provide enterprise-grade infrastructure for stablecoin payments, foreign exchange, and capital markets applications. The network is EVM-compatible and uses USDC as its native gas token. Arc is expected to launch its public testnet later this fall.

Vitalik Buterin, founder of Ethereum has disclosed a net worth of more than a billion dollars, $1.02B to be exact.

Tether has announced that it has acquired a minority stake in Spanish cryptocurrency platform Bit2Me and is leading its €30 million funding round, expected to close in the coming weeks. Bit2Me recently became the first Spanish-speaking exchange authorized as a CASP under the EU’s MiCA (Markets in Crypto-Assets) framework. This framework come into power on the April 20th 2023.

Coinbase launched BASE blockchain last year. Today, it stopped working all of a sudden. This is a common phenomenon among centralized blockchains whose software are churned out after not-so-extensive testing.

Rumors are circulating that China has banned crypto again. This is not true. Hong Kong of China, as a pilot zone, is fully embracing cryptocurrencies. Also, the China has never banned individual crypto transactions; only prohibits institutional participation.

Grab is the largest ride-hailing app in Southeast Asia. Starting today, users in the Philippines will be able to top up their GrabPay wallets using Bitcoin, Ethereum, USDC, and USDT. Their partnership with Triple-A and PDAX, a local crypto exchange, has made this possible.