Posts published on September 5, 2024 go to media archive 4/5

XRP Releases $1,000,000,000 Tokens, How Will This Impact New Crypto Coin Mpeppe?

Ripple (XRP) recently unlocked another massive tranche of 1 billion XRP tokens from its escrow accounts, a routine but significant move that has once again stirred discussions in the crypto community. As XRP’s price dipped slightly following the…

Floki Investors Switch to Get Rich: Mpeppe Becomes Fastest Growing Meme in 2024

The world of meme coins is ever-evolving, with investors constantly on the lookout for the next big opportunity. Recently, the Floki Inu (FLOKI) community has faced a series of challenges that have shaken confidence in this once-prominent meme…

Blockstream Opens New Funding Round For Its Second Bitcoin Mining Security Token

Today, Blockstream opens the series 3 round for its second Mining Note — the BMN2.The note will be available to eligible non-US investors and has been repriced from the series 1 and 2 rounds, which occurred on July 18. This round of the BMN2 is…

Toncoin (TON) Must Reclaim $4.70 Support Or Face Potential 45% Drop, Analyst

Toncoin (TON), the native cryptocurrency of The Open Network blockchain, has experienced a challenging week, further compounded by a broader market downturn and the recent arrest of Telegram CEO Pavel Durov. Currently trading at $4.62, Toncoin is…

AAVE Whale Goes On $6.78 Million Buying Spree As Price Recovers 16%

AAVE, the native token of the crypto lending protocol with the same name, was among the top performers during August. The cryptocurrency showed strength throughout the retraces, displaying green numbers in most timeframes after recovering. Its…

Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals

Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts…

US Banking Regulator Calls for Stronger Oversight of Crypto Risks

Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need…

South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices

South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure…