Ripple recently announced its partnership with South Korea’s Yonsei University as part of its University Blockchain Research Initiative (UBRI) program. This collaboration marks the addition of Yonsei University as the 58th partner in Ripple’s global UBRI program, with 12 of these partnerships located in the Asia Pacific region. Yonsei University will be engaged in a
The recent price volatility of Bitcoin, which included a dip below $50,000 last month, has caused a significant slowdown in the expected bull run by many analysts. Despite this period of price stagnation, some crypto analysts remain optimistic about the future of Bitcoin, predicting a sharp rise to over $100,000 once the current corrections stabilize.
WazirX surprised its users by initiating the second phase of the fiat currency withdrawal process on Sept. 3, ahead of the original schedule of Sept. 9. This move comes in the wake of a major security breach that saw over $230 million in user assets being stolen. CEO Nishal Shetty expressed the company’s commitment to
Samuel Edyme, popularly known as HIM-buktu, is a multifaceted individual in the digital space. His journey from being a victim of a Ponzi scheme to becoming a respected web3 content writer, journalist, and aspiring trader is nothing short of inspirational. With a unique blend of experiences and determination, Edyme has carved a niche for himself
Galois Capital Management LLC, a hedge fund that primarily invested in crypto, has recently settled with the US Securities and Exchange Commission (SEC) over charges related to client asset safeguarding requirements. The SEC accused Galois Capital of failing to comply with these requirements, particularly with crypto assets that were considered securities. As a result, the
The U.S. Securities and Exchange Commission recently announced charges against Galois Capital, a crypto-focused advisory firm that held client assets at FTX. The SEC found that Galois failed to ensure that the crypto held by the private fund it advised was with a qualified custodian, instead opting for unqualified platforms like FTX. This decision led
Bitcoin has recently slipped to under $56,000, continuing its downward trajectory in the market. Arthur Hayes, co-founder and former CEO of BitMEX, has predicted that in a worst-case scenario, the cryptocurrency could drop to $50,000. This bearish outlook is based on broader macroeconomic factors, including actions by the Federal Reserve and dynamics in the US
Cardano recently underwent the Chang hardfork, which brought about significant changes to the Layer-1 blockchain. Some of the key updates included the introduction of on-chain voting, Delegate Representatives, improved smart contract capabilities, and a new governance structure with enhanced cost models. ADA holders now have the ability to participate directly in governance decisions or delegate
Excitement is mounting in the mobile gaming sphere as the highly anticipated game Rebel Skies, developed by Faraway Games, is set to be released in October 2024. This game is generating buzz for its innovative approach of combining action, real-time strategy (RTS), and deck building genres into a single, immersive experience. Rebel Skies represents a
The Ethereum market has experienced a significant shift recently, with rising exchange reserves indicating a potential new distribution phase. CryptoQuant’s Ethereum Exchange Reserve metric has been a key indicator, tracking the amount of ETH held in exchange wallets. A rise in this metric often signals that traders are moving their ETH onto exchanges in preparation
