FTX Files Amended Plan to Pay Creditors Amid Soaring Legal Expenses
On Dec. 18, it was reported that FTX had filed its latest proposal to return billions of dollars to its customers and creditors. Moreover, the plan did not indicate whether…
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Binance Survey: 76% Believe Crypto Can Address Income Inequality Globally
A survey conducted by Binance indicates that close to 50% of its users depend on crypto as a means to generate additional income. The latest observation was part of its…
Blockchain Gaming Market Set to Skyrocket to $614 Billion by 2030
In a mid-December analysis, Fortune Business Insights forecasted that the global blockchain gaming market is poised for explosive growth, potentially reaching an estimated $614 billion within the next seven years.…
Decentralized Exchanges Bounce Back: $29 Billion Traded in November
The recent surge in cryptocurrency markets over the last month seems to have spilled over into the realm of decentralized finance (DeFi). The trading volume on decentralized exchanges (DEX) has…
Meta Apologizes to Qatari Billionaire Over Scam Crypto Ads on Facebook: Report
According to a Financial Times report, Meta, the American social media conglomerate, has publicly apologized to Qatari billionaire Wissam Al Mana, committing to enhanced protective measures on its platform following…
US DOJ Indicts Two Men for Perpetrating $25M Crypto Ponzi Scheme
The United States Department of Justice (DOJ) has indicted two men for perpetrating a crypto Ponzi scheme that defrauded investors of approximately $25 million. According to a press release from…
Ripple Exec’s Crypto Crystal Ball: Legal Conflicts, SEC Resolution, and Judiciary’s Role
With a mere fortnight left in the year, Stuart Alderoty, the Chief Legal Officer of Ripple, has provided perspectives on what lies ahead for the cryptocurrency landscape in 2024. The…
Bitcoin Retail Crowd Missing: Google Search Trends Show Lackluster Enthusiasm for Crypto
As Bitcoin emerges as the top-performing asset in 2023, it has garnered endorsement from major Wall Street players such as BlackRock, who are actively working to integrate cryptocurrencies into the…
Ripple President Says Cryptos Like XRP are Hastening Globalization
The New York Times featured the Ripple Labs president in a recent special series on global consumer behavior in 2024. “We asked a global group of entrepreneurs, business leaders and…
US DOJ Charges 4 Individuals for Laundering Over $80M From Crypto Investment Scams
The United States Justice Department (DOJ) has charged four people for their alleged roles in laundering millions of dollars from cryptocurrency investment scams. According to a press release from the…
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