Tag: Cryptocurrency

Ripple introduces new fund in Japan and Korea to promote blockchain innovation

Ripple, the blockchain firm behind the XRP cryptocurrency, has set its sights on Japan and Korea with the launch of a new fund aimed at driving innovation on the XRP Ledger in the Asia-Pacific region. This move comes as Ripple continues to expand its presence and offerings in the fast-growing cryptocurrency market. The XRP Ledger, […]

Former Binance CEO Changpeng Zhao starts serving prison term in California

Former Binance CEO Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. After pleading guilty to charges of enabling money laundering at his crypto exchange, Zhao was sentenced to four months in prison in April. This sentence was shorter than the three years that federal prosecutors had sought, with the defense requesting […]

Trump campaign now accepting cryptocurrency donations

Former US President Donald Trump announced on Tuesday that his campaign will start accepting cryptocurrency donations. The move is seen as a show of solidarity with opponents of what they view as “socialistic government control” over the U.S. financial markets. Supporters of Trump can now donate using any cryptocurrency accepted through the Coinbase Commerce product, […]

Ether continues to climb after 20% surge, driven by renewed optimism for ETFs.

Cryptocurrencies surged higher on Tuesday as optimism grew around the potential approval of spot ether exchange-traded funds by the U.S. Securities and Exchange Commission. The leading cryptocurrency, Ether, saw an impressive 8.5% increase, reaching $3,661.12, following a 20% surge the day before. In a similar vein, Bitcoin also added 2%, trading at around $71,350, surpassing […]

Federal authorities claim a New York crypto personality used a ‘Seinfeld’ joke in a fraud scheme

A New York man has been convicted of swindling more than $1.3 million from friends, neighbors, and investors in a cryptocurrency fraud scheme. Thomas John Sfraga, 55, posed as the owner of multiple businesses, including Vandelay Contracting Corp. and Build Strong Homes LLC, named after a joke from the classic TV comedy “Seinfeld.” Sfraga, who […]

Reasons Why Bitcoin Hasn’t Joined the Latest Meme Stock Craze This Week

Bitcoin and Meme Stocks: Are We on the Cusp of a Crypto Rally? In the world of investing, trends come and go. Just a few years ago, Bitcoin was at the forefront of market discussions, alongside meme stocks like GameStop and AMC Entertainment. Fast forward to today, and the landscape has shifted. While meme stocks […]

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