[ad_1] The much-anticipated biography of the world’s richest man, Elon Musk, recently dropped. As expected, it contains some interesting tales of Musk’s involvement with the meme coin Dogecoin and how he has contributed to its growth. Musk’s Love For Dogecoin Runs Deep Musk’s biography, authored by Walter Isaacson, contains certain important parts that highlight how much the world’s richest man is invested in the token. In one part, Isaacson writes that Musk’s brother discussed the possibility of creating a blockchain-based social media platform that would include a payment system using Dogecoin. Musk thought it was a great idea and even…
Author: Scott Matherson
[ad_1] Amidst the constant price swings and uncertainties that plague the crypto market, stablecoins have become an invaluable asset for investors and traders. However, analysts have revealed several stablecoins that have been struggling to maintain the esteemed stability reserved for these types of assets. Stablecoins Under Pressure The inherent volatility of the crypto market and the persistent price fluctuations of cryptocurrencies are a constant experience in the crypto industry. Due to this, stablecoins like USDT, USDC, and DAI have long been revered as a reliable bridge between the volatility and instability of cryptocurrencies. However, a recent report has raised concerns…
[ad_1] The XRP price has been showing promises of a price spike since Ripple’s victory against the US SEC. Many community members are currently keeping a close eye on the cryptocurrency, and hoping for a significant price increase. One crypto analyst, in particular, has predicted a massive run for the altcoin that could see its price hit triple-digits. XRP Predicted To Reach $130 In Next Bull Run Following its partial victory against the United States Securities and Exchange Commission (SEC) in July after Judge Analisa Torres ruled in favor of Ripple labs, XRP, the native token of Ripple, has fluctuated…
[ad_1] Following its partial victory over the United States Securities and Exchange Commission (SEC), Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent job posting. Ripple Wants Compliance Talent Ripple is seemingly looking to improve its compliance with sanctions and regulatory developments through a more proactive approach. To this end, the payments processor is actively hiring talent to fill a role advertised as “Web3 Specialist, Global KYC & Due Diligence.” The job which carries an $85,000-$106,000 pay range is advertised to “be heavily focused on carrying out due…
[ad_1] After a long stretch of only offering Polygon (MATIC) in its Web3 wallet, Robinhood shocks the crypto space with its announcement that it is adding two prominent cryptocurrencies, Bitcoin and Dogecoin, into its wallet offerings. Dogecoin And Bitcoin Now Available On Robinhood Wallet California-based financial services company Robinhood has announced its new listing of Dogecoin and Bitcoin in its self-custodial Web3 wallet, Robinhood Wallet. The press release comes as a thrilling surprise for cryptocurrency investors, as users can now have access to BTC and DOGE tokens through their Robinhood wallets. Responding to its users’ pleas, Robinhood Wallet revealed that…
[ad_1] The Ripple community is currently at the edge of their seats after the company’s founder and CEO made announcements to officially host a party to commemorate the cryptocurrency’s triumph against the US SEC. Hosting A Grand Celebratory Bash Ripple, a leading global payments network, declared openly on Monday, August 28, its intentions to throw a dedicatory party to honor its win over the United States Securities and Exchange Commission (SEC). Ripple’s win against the US SEC is not only a positive result for the cryptocurrency, but a significant milestone for the cryptocurrency industry in regards to regulatory clarity and…
[ad_1] Crypto blockchains are designed to be fully decentralized so that no single person or group has control. However, new data has shown that the top 10 Ethereum addresses control over 35% of the total ETH supply. For a network that was designed to be decentralized, this has sparked some serious concerns over how centralized ETH has become. The 10 Largest Ethereum Addresses Hold Over 35% Of The Available Supply While sharing the metric on social media platform X, crypto market intelligence platform Santiment showed how holdings of the 10 largest Ethereum addresses have now climbed to 35% of the…
[ad_1] Investing in cryptocurrencies like Dogecoin can be tricky, as the nascent market is known to be the most volatile in terms of price movement. One day, an investor triples his investment, and the next day, all of it is gone. So knowing when to sell and exit a position can sometimes be challenging. This is the recent case of a once-DOGE millionaire who has seen the worth of his holdings fall from almost $3 million to $50,000. However, despite the ups and downs, this long-time HODLer believes Dogecoin has staying power. Still Bullish On Dogecoin Dogecoin has come a…
[ad_1] Following Shibarium’s botched launch, the network’s developers promised to provide regular updates as the network put measures in place to scale and handle any substantial amount of traffic. And in his latest update, lead developer Shytoshi Kusama has revealed plans to start implementing the “ShibPaper.” What Is The ShibPaper? According to the blog post released on August 22, Kusama announced that the implementation of the ShibPaper will begin on August 23 in hopes that Shibarium can accomplish a huge part of its vision of becoming a “decentralized digital nation state” this year. Shibarium had, before launch, been touted to…
[ad_1] The United States Securities and Exchange Commission (SEC) recently filed an interlocutory appeal following Judge Analisa Torres’ ruling in favor of Ripple. However, an attorney and crypto enthusiast Greg Beuke believes the SEC made a mistake in appealing the decision. SEC Misunderstood Judge Torres’ Ruling Reacting to the news that the SEC had filed a motion to certify an interlocutory appeal, Beuke stated that the regulator “fundamentally misunderstands” the ruling. According to him, the Judge didn’t rule programmatic sales cannot constitute investment contracts. He explained that Judge Torres only ruled that programmatic sales didn’t constitute investment contracts in this…