Crypto

The realm of non-fungible tokens (NFTs) has become a hotbed of high-stakes transactions, with CryptoPunks often at the forefront. Recently, a CryptoPunk NFT, notably Punk 1563, made headlines after being sold for an astonishing $56.3 million—or 24,000 ether (ETH). The buyer’s choice of this particular NFT has raised eyebrows, especially since it was sold just

Recent developments in public opinion suggest that cryptocurrency is emerging as a crucial issue for American voters. A survey conducted by ConsenSys and HarrisX has unveiled significant insights: nearly half of U.S. voters (49%) prioritize a pro-crypto stance when selecting political candidates. This statistic showcases a noteworthy trend that transcends traditional party lines; 62% of

The cryptocurrency landscape underwent a tumultuous period in September 2024, marked by a staggering number of security breaches that have raised significant concerns about the resilience of digital asset ecosystems. With over 20 hacking incidents reported, the total financial repercussions exceeded an astounding $120 million, a stark reminder of the vulnerabilities inherent in blockchain technologies

In a significant move aimed at supporting the cryptocurrency landscape, the Cryptocurrency Open Patent Alliance (COPA) has formed a partnership with Unified Patents to initiate the Blockchain Zone. This project is specifically designed to provide protection to blockchain developers who are often targeted by non-practicing entities (NPEs). These entities wield patents not as a means

In recent days, the cryptocurrency market has faced a considerable downturn, primarily fueled by increasing geopolitical tensions. Notably, the missile strikes launched by Iran against Israel sent shockwaves throughout the crypto space. Bitcoin, which is often seen as a bellwether for the cryptocurrency market, experienced a drop below the critical threshold of $60,500. This decline,

The recent resignation of Gurbir Grewal, the Director of Enforcement at the U.S. Securities and Exchange Commission (SEC), has sent ripples through the financial and cryptocurrency sectors. Effective October 11, 2024, Grewal’s departure comes at a precarious time for the SEC, which is gearing up to file an appeal in its significant case involving Ripple

This week, the cryptocurrency landscape has faced turbulence, impacting various altcoins, with Polkadot (DOT) being no exception. Amid escalating geopolitical tensions, the markets have reacted negatively, causing the price of Polkadot to dip sharply to $4.04, a staggering drop of over 14% within merely three days. Such market volatility unveils the underlying vulnerabilities in cryptocurrency

In a significant development this week, Bitwise Asset Management registered a trust entity named “XRP ETF” in Delaware, marking a potentially transformative moment for the cryptocurrency market. Following closely on the heels of this registration, the firm submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC), a procedural step that is essential

On October 2nd, the U.S. Securities and Exchange Commission (SEC) filed an appeal concerning the ongoing litigation with Ripple Labs, signaling a potential prolongation of one of the industry’s most scrutinized legal battles. This move comes after a pivotal ruling from Judge Torres in 2023, which stated that the secondary sales of Ripple’s XRP token

In a groundbreaking move for the cryptocurrency sector, Bitwise Asset Management has filed for an XRP exchange-traded fund (ETF) in Delaware. This initiative reflects a growing interest in institutional investments in Ripple’s cryptocurrency and could signify a critical shift in market dynamics. The news, reported by Fox Business correspondent Eleanor Terrett, has ignited discussions around