Altcoins

Bitcoin (BTC) has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third tightest ever.  Typically, periods of low volatility are followed by a range expansion. The longer the time spent inside a

Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson.  The same day, BNB Chain decentralized exchange Biswap tweeted that Binance ”has made a difficult decision to disable Binance Connect on 15 August due to its provider closing the

Former FTX executive Ryan Salame will reportedly avoid testifying about his role in FTX’s alleged illegal campaign donation scheme if he is subpoenaed in Sam Bankman-Fried’s criminal trial. Lawyers representing the former FTX co-CEO said that Salame will be unavailable as a witness to the case, according to an Aug. 14 motion filed by United

In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Federal Judge Analisa Torres has announced that the court intends to schedule a jury trial for the second quarter of 2024.  The decision follows a partial summary judgment and short-term victory for Ripple and XRP holders, handed down by

By unveiling its stablecoin, PayPal is attempting to claim a share of the growing cryptocurrency market.  The company says that PYUSD will be able to support quick fund transfers for various purposes, such as remittances. PayPal has also indicated that the new cryptocurrency will be compatible with Web3 environments and will eventually be available on

Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its “zStables” stablecoin pools. Blockchain security firm PeckShield was one of the first to detect the possible exploit on Curve on August 13 at 10:47 UTC. Zunami then confirmed the attack about 20 minutes later. Zunami said that collateral in the pools

The legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs seems not to be ending anytime soon, as recent developments suggest that the feud could run into next year.  The SEC Has No Right Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has responded to the SEC’s intention to file an appeal

Gemini, the US-based crypto exchange, announced its support for XRP following Ripple’s recent legal breakthrough.  Gemini Enables XRP Deposits Effective immediately, Gemini users can deposit XRP tokens on the platform. This decision comes after a prolonged absence due to the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).  In December

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a focal point for the crypto community, and the recent developments have only intensified the spotlight. The SEC’s request for an interlocutory appeal has stirred a whirlwind of analysis, with legal experts weighing in on the potential outcomes and their

Binance Labs, the venture arm of cryptocurrency exchange Binance, has invested $5 million in Curve (CRV), the namesake token of the decentralized stablecoin trading platform. “Curve is the largest stableswap and second-largest DEX [decentralized exchange], with approximately $2.4B in total value locked and $215M in daily volume at the time of writing,” Binance Labs said

Crypto users have reported seeing “wonky” prices for Ripple’s XRP (XRP) token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits and trading. Several crypto community members on X (Twitter) on Aug. 11 posted screenshots of what many have described as a “price glitch” that has seen XRP’s

In the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC), the regulator filed an “interlocutory appeal” yesterday, challenging Judge Analisa Torres’ ruling. The appeal letter has sparked a heated debate among legal experts, with some suggesting that the appeal could indirectly challenge XRP’s status as a non-security. The SEC’s appeal,

Worldcoin, an ambitious but also controversial cryptocurrency project, has been making headlines since its launch last month. The project collects people’s biometric data by scanning their eyeballs via a metallic orb. Its goal is to create a proof-of-personhood system that allows it to distinguish robots from humans in the budding era of AI.  But the

Aptos (APT), the cryptocurrency powering layer-1 blockchain Aptos Network, is up approximately 11.6% since announcing it will leverage Microsoft’s suite of artificial intelligence tools to advance Web3 adoption among banks and financial enterprises. This will be achieved by enabling the Aptos Network to tap into Microsoft’s Azure OpenAI service to explore innovations in asset tokenization,

Ripple’s recent win against the United States Securities and Exchange Commission (SEC) seems to have emboldened crypto firms in the space. As more companies take on the regulator in court, a lawyer has pointed out why XRP’s ruling is important. Ripple Case Ruling a Game-Changer for Crypto Industry A popular Twitter handle, MetaLawMan, has emphasized

The price of Shiba Inu (SHIB) is up today amid a broader crypto market upswing and a supportive fundamental factor. What’s driving SHIB’s price upward? On Aug. 9, the SHIB price jumped nearly 5.75% to $0.00001005, continuing a rebound trend that started two days ago. Overall, the price has reversed approximately 15% from its recent