Ripple Co-Founder Chris Larsen Sends $1 Million XRP Donation To Kamala Harris

As the US presidential election approaches, the crypto industry has emerged as a focal point of political debate, with key figures from blockchain payments company Ripple expressing divided support for leading candidates Vice President Kamala Harris and former President Donald Trump.  This division comes amid ongoing debates about regulatory frameworks, particularly concerning the US Securities… Continue reading Ripple Co-Founder Chris Larsen Sends $1 Million XRP Donation To Kamala Harris

Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15

Former President Donald Trump foray into decentralized finance (DeFi) with his initiative, World Liberty Financial, has officially begun onboarding users, with a public sale of its WLFI token scheduled for October 15.  This announcement comes as the project aims to raise $300 million at a valuation of $1.5 billion through its initial token offering, which… Continue reading Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15

SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency’s relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto… Continue reading SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal

On Wednesday, US prosecutors charged four crypto companies and 14 individuals in what is hailed as the first criminal prosecution targeting financial services firms for market manipulation and sham trading activities within the crypto sector.  Allegations Of Price And Trading Volume Manipulations According to a court filing by the US District Court of the District… Continue reading US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal

Only 43 Tokens Have Outperformed Bitcoin This Year, Most Of Them Memecoins

In a year marked by significant volatility in the cryptocurrency market, memecoins have emerged as key players, outperforming Bitcoin (BTC) and the rest of the largest cryptocurrencies in the ecosystem.  This trend was underlined by recent insights from market expert Miles Deutscher, who highlighted a presentation by memecoin analyst Murad at the TOKEN2049 conference in… Continue reading Only 43 Tokens Have Outperformed Bitcoin This Year, Most Of Them Memecoins