On January 28, X CEO Linda Yaccarino heralded a significant development in the evolution of the platform, often referred to as the “Everything App.” She announced that Visa would become the first partner for X’s upcoming financial service, X Money, set to launch later in 2025. This move is strategic and aims to broaden the
Crypto
Ripple, the prominent digital asset infrastructure entity, has recently achieved a significant regulatory milestone by obtaining Money Transmitter Licenses (MTLs) in two of the most stringent jurisdictions in the United States: New York and Texas. This development propels Ripple’s total MTL holdings to over 50 across various states, enhancing its capabilities to offer compliant cross-border
The financial landscape has recently been shaken by the emergence of a formidable artificial intelligence model from the Chinese startup DeepSeek, known as R1. This development is particularly significant as it has garnered attention for being a direct competitor to American counterpart OpenAI’s model, O1. The immediate consequence of the ascendance of R1 has sparked
In recent days, the crypto community has found itself embroiled in passionate debates concerning the potential inclusion of diverse cryptocurrencies in a proposed U.S. digital asset reserve. While Bitcoin remains the focal point of this discussion, it is Ripple’s XRP that has drawn significant criticism from various factions. This conflict encapsulates a broader theme in
The intersection of celebrity culture and cryptocurrency has become increasingly fraught with risks, particularly with the rise in hacking incidents targeting high-profile individuals. Recently, Dean Norris, famed for his role in “Breaking Bad,” fell victim to a sophisticated scheme that exploited his reputation to propagate a fraudulent meme coin named DEAN. This incident is not
The burgeoning world of cryptocurrency has seen numerous exchanges come under scrutiny for various regulatory lapses. One of the latest and most notable cases is that of KuCoin, a Seychelles-based crypto exchange, which recently admitted to operating without the necessary licensing for money transmission. The repercussions of this admission are severe, leading to substantial financial
Elon Musk’s recent appointment as the head of the Department of Government Efficiency (DOGE) marks a significant pivot in how technology may redefine federal operations. The discussions surrounding blockchain technology as a potential solution for enhancing governmental IT systems are both timely and transformative. With Musk at the forefront, the government is considering using blockchain
The recent fluctuations in stablecoin deposits, particularly on major exchanges, provide critical insights into the cryptocurrency market’s health and investor sentiments. An uptick in stablecoin deposits has traditionally signified an increased appetite for cryptocurrencies. In the current scenario, however, while USDC (USD Coin) has seen a rise in its dominance, the enthusiasm among US investors
In an environment where cryptocurrencies often mirror each other’s performance, Shiba Inu (SHIB) has found itself among the unfortunate group of double-digit price losers. The cryptocurrency recently experienced a significant drop of approximately 11%, pushing its value below the critical threshold of $0.000018. This decline is particularly alarming for investors who have been watching closely
Ripple’s native cryptocurrency, XRP, has experienced significant volatility in recent weeks, culminating in a notable downturn alongside a broader market slump. Currently trading at just under $2.7, this marks a two-week low for the token. This sudden drop is not merely coincidental; the squeezing Bollinger Bands are indicating potential for another significant movement in price.
