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Hinman Documents Unsealed! Ripple Price Surges Almost 10% With $1.8 billion Increase In Market Value

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Ripple (XRP) price has reacted to the release of the Hinman documents, rising almost 10% to record a $1.8 billion increase in market value within an hour. Pro-XRP lawyer John Deaton, whose assertions came after Judge Analisa Torres rejected the US Securities and Exchange Commission’s (SEC) motion to keep these documents under wraps, had committed to unsealing the documents. Stand by b/c I’m moving @CryptoLawUS weekly livestream from Tuesday June 13 to June 14 – the 5th Anniversary of the Hinman Speech. We will have had 12-24 hours to read the emails, comments and drafts. And I promise an all star lineup of guests to help process what it all means. https://t.co/omZm9pXVZb — John E Deaton (@JohnEDeaton1) June 1, 2023 For context, the documents trace back to 2020 when the SEC alleged that Ripple and its executives illegally sold XRP tokens. At this point, it is worth mentioning that XRP, the native token of the XRPLedger, was created in 2012 without prior regis...

ETH Whales Shift Funds to Exchanges: A Price Dump in the Cards?

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Whale Alert shared that multiple whales have transferred ETH tokens to exchanges over the past day. ETH’s price dropped by 0.45% in 24 hours, which left it trading hands at $1,642.19 at press time. Technicals suggest ETH’s price is in danger of dropping even further in the coming week. Ethereum (ETH) investors should look out for a possible price dump as multiple whales have transferred ETH tokens to exchanges over the past day. According to a Twitter post shared by the whale tracking dashboard, Whale Alert, a whale transferred 21,299 ETH tokens, worth about $35,295,226, from an unknown wallet to Coinbase yesterday. 21,299 #ETH (35,295,226 USD) transferred from unknown wallet to #Coinbasehttps://t.co/o6xCLaMXUT — Whale Alert (@whale_alert) August 27, 2023 After the first transfer, another whale decided to follow suit. Whale Alert shared in a second tweet earlier today that a whale transferred 24,000 ETH from an unknown wallet to OKX. The transfe...

Binance Carries Out Lie Detector Test on Cristiano Ronaldo

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The tweet soon went viral, with fans, critics, and curious minds all rapidly expressing their ideas and interpretations. As the number of retweets and likes grew into the millions, the focus moved to uncovering the underlying story behind the tweet. The suspense grew as he promised, “Full video coming soon, stay tuned.” advertisement .@Binance gave me one of my hardest challenges yet – facing the lie detector. Full video coming soon, stay tuned. pic.twitter.com/wnh0OMwYN2 — Cristiano Ronaldo (@Cristiano) August 27, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Mar...

Crypto Miners Led Dropbox To Ban Unlimited Storage Plan

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Also Read: Donald Trump’s Surprise Return to X Fuels Surge in Trump NFT Sales advertisement Dropbox Reveals Crypto Miner Misuse The company revealed that it found users pooling in cloud space to use for crypto mining and more particularly for Chia, a cryptocurrency with a market cap of $250 million. In a statement, Dropbox said the some of the offenders were also reselling the pooled spaces. “Unrelated individuals pooling storage for personal use cases, or even instances of reselling storage,” it said. Interestingly, the company began to be suspicious of the misuse when some of these accounts were frequently using up thousands of times more storage compared to the genuine business customers. It said that a growing number of these suspicious “customers” were buying its Advanced subscriptions not to run a business or organization, but for use case like crypto mining related activity. Hence, the company decided to remove the unl...

BitOasis Raises Funds to Expand its Operations in the MENA Region

Crypto exchange BitOasis announced it had raised funds in a fresh investment round, with Indian crypto exchange CoinDCX as an investor. The company says the investment will allow it to expand its operations and products in the MENA region. Details of the investment round or the amount raised weren’t made public. Dubai-based crypto exchange BitOasis has raised funding from investors in a new investment round, according to a Bloomberg report. The company says the funding will allow it to expand its operations and products. Indian-based crypto exchange CoinDCX was listed as one of the investors in the funding round. Other existing BitOasis investors, Wamda Capital and Jump Capital, also joined in the round, the company said. The company says the investment received in the round will help it break into other markets. Speaking on the development, BitOasis co-founder and chief executive Ola Doudin noted, “The investment will allow us to sharpen our focus on per...

Similarities Between Bitcoin and Ethereum

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Similarities Between Bitcoin and Ethereum: A Comprehensive Comparison ‍Cryptocurrencies have revolutionized the financial landscape, and two of the most prominent players in this space are Bitcoin and Ethereum. While they have their unique characteristics, they also share several similarities. In this article, we will explore the similarities between Bitcoin and Ethereum, shedding light on their decentralized nature, blockchain technology, digital currencies, limited supply, and crypto graphic protocols. By understanding these similarities, newcomers and enthusiasts alike can gain a deeper understanding of how these giants differ from one another. Also read: Is Ether the Same as Ethereum? Similarities Between Bitcoin and Ethereum Decentralization: The Backbone of Bitcoin and Ethereum Bitcoin and Ethereum operate on a peer-to-peer network without the need for a central authority or intermediary. They are decentralized, meaning that they are not controlled by any governm...

Ripple and SEC Submit Available Dates for the 2024 Q2 Trial

Ripple Labs and the SEC responded to a request from Judge Analisa Torres, submitting the list of their available dates for the upcoming trial. While Ripple will not be available from April 1-14, the SEC will be available in April, May, and June except on April 15-19, May 1-7, and May 27-31. Bill Morgan anticipates that the trial is less likely to take place before April 19. Ripple Labs and the Securities and Exchange Commission (SEC) have reportedly submitted a list of dates signifying their availability and unavailability for the upcoming trial in the next year’s second quarter, as part of the prolonged legal saga. A renowned XRP attorney Bill Morgan took to X earlier today to share his estimations that the trial is unlikely to happen before April 19, 2024, considering the applicable dates. Looking at all parties unavailability the trial cannot start until after 19 April 2024. https://t.co/Ibr9TSYjAD — bill morgan (@Belisarius2020) August 23, 2023 ...

Thailand’s next prime minister Srettha Thavisin has crypto history

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Sansiri, one of the largest real estate firms in Thailand, once had Srettha Thavisin as CEO. The firm is known for backing crypto projects like XSpring. Thailand’s parliament on Aug. 22 voted for real estate tycoon Srettha Thavisin to be the country’s next prime minister . Thavisin is best known as former president and CEO of Sansiri, one of the largest real estate developers in Thailand, which also has some crypto currency background. Thavisin, 60, was the only candidate brought to elections by the Pheu Thai Party, receiving 482 votes out of a possible 747 in Thailand’s parliament. His victory could potentially have some implications for the crypto currency industry in Thailand as his family company, Sansiri, was an active investor in the country’s digital asset industry. Thavisin quit as Sansiri CEO in April 2023 amid speculation that he would be named Thailand’s next PM. He also shed his 4.4% stake in Sansiri at the time. Former Sansiri CEO Srettha Thavisin. Source: AP News In 202...

Australian CBDC could be useful for payments, tokenization, says RBA

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The RBA has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency. Australia's central bank has completed it's pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its useful in four main areas including enabling complex payment s and asset tokenization . The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in an Aug. 23 report that also detailed a number of cases where a CBDC wasn't exclusively required to achieve the stated use case. We’ve released a report with the Digital Finance CRC @DigiFinanceCRC today on the findings from an Australian central bank digital currency pilot.https://t.co/k3Zn0VFbwG #RBA #CBDC #Payments #DigitalPayments #Blockchain #FinTech pic.twitter.com/N3mp1ID6gd — Reserve Bank of Australia (@RBAInfo) August 23, 2023 The pilot found four primary ...

Hong Kong’s First Licenced Exchange HashKey Unveil Grand Launch Date, Top-Tier Bank Collaborations Announcement 

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Join Our Telegram channel to stay up to date on breaking news coverage HashKey Exchange, Hong Kong’s premier licensed retail virtual asset exchange, is set to usher in a new era of accessibility and convenience for retail users.  The move comes after the exchange received upgraded Type 1 and Type 7 licenses from the Securities and Futures Commission (SFC).  HashKey Exchange recently announced that it had obtained the crucial licenses to extend its services beyond professional investors to encompass retail users.  The Type 1 license empowers HashKey to operate as a virtual asset trading platform. Additionally, HashKey Exchange secured the Type 7 license, a transformative development that authorizes the firm to offer automated trading services to institutional and retail users.  These licenses signify the exchange’s alignment with Hong Kong’s robust securities laws, boosting investor confidence and regulatory compliance.  Official Unv...

How to buy Bitcoin with Cash app

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A step-by-step guide to buying Bitcoin on Cash App, including guidance on fees, the auto invest feature and security tips to empower your cryptocurrency investment journey. Cash App, a multipurpose financial app, offers various capabilities, including money transfers, investment options and cryptocurrency purchases. Serving as a comprehensive financial tool, Cash App provides users the capacity to handle transactions, invest in stocks, and explore digital currencies like Bitcoin (BTC). The app aims to streamline financial tasks and assist users in navigating the modern financial landscape. What is Cash App? Cash App, created by Block Inc (formerly Square Inc), is a peer-to-peer (P2P) mobile payment service offering stored value services resembling deposit accounts. This innovative platform empowers users to access financial services without incurring the standard fees that accompany traditional banks. As a non-banking financial solution, Cash App enables individuals to transfer and r...

Kevin O'Leary Warns Michael Burry on His "Big Short" Bet

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You get lucky once, Kevin O’Leary Says Speaking on Wednesday in an interview with Fox News where he tried to highlight the challenges bordering on predicting market movements, O’Leary said “People that try to live off market timing have a very hard time. You get lucky once as he did with housing syndication in mortgage debt, but this is a whole different kettle of fish he’s playing with.” advertisement “To say that I know when the market is going down – he will be right one day, when is unknown. And how much pain he will have to take along the way, and does he have enough dry powder, as they like to say, at the margin desk? Because every time that market goes up another 1-2%, that phone is ringing and they’re saying ‘send in some more cash,” he added. The “Shark Tank” star’s comment came right after Burry explained that he had bagged bearish options on two Exchange Traded Funds...