Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance. According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last
Month: June 2022
Bullish cryptocurrency traders hoping that the market was on a path higher received a dose of reality on June 29 as the price of Bitcoin (BTC) dipped below $20,000 again during intraday trading. Data from Cointelegraph Markets Pro and TradingView shows that the top cryptocurrency fell under pressure in the early trading hours on June 29
Anchorage Digital, a San-Francisco-based digital platform that owns the first federally chartered crypto bank, will open an option to stake the Ethereum (ETH) for institutions. This move comes in anticipation of the Ethereum network’s long-promised shift from proof-of-work (PoW) to proof-of-stake (PoS) protocol. Anchorage announced on Tuesday its intention to introduce ETH staking — a
Grayscale has announced a legal challenge to the latest rejection of its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission. It announced that its Senior Legal Strategist, former U.S. Solicitor General, and partner at Munger, Tolles & Olson, Donald B. Verrilli, Jr.
E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and
Uniswap (UNI) market valuation could grow by 100% in the second half of 2022 as it paints a classic bearish reversal pattern. UNI price bullish setup Dubbed “inverse head and shoulders (IH&S),” the technical setup takes shape when the price forms three troughs in a row below a common support level (neckline), with the middle
Acer has launched the new Aspire 5 (A515-57G) gaming laptop in India with the latest 12th Gen Inter Core i5 processor and Nvidia GeForce RTX 2050 GPU. The new gaming laptop features a 15.6-inch IPS display with slim bezels and full-HD resolution. The laptop is currently available for purchase through both, offline and online, channels.
Alphabet unit Google has been targeted by a French consumer group and its peers in complaints to privacy watchdogs over its vast trove of users’ personal data harvested via their Google accounts, European consumer organisation BEUC said on Thursday. In addition to the French consumer group, others in Greece, the Czech Republic, Norway and Slovenia
In this article LGF.A Liberty Media’s John Malone Michael Kovac | Getty Images Starz wasn’t John Malone’s most successful investment. But it may be his most symbolic. The media mogul once controlled Starz as an independent company. In 2016, he merged it with Lionsgate, another company he owned a piece of at the time. A
A Republican member of the Federal Communications Commission has urged the chief executives of Apple and Alphabet’s Google to kick Chinese-owned TikTok out of its app stores. Brendan Carr, the FCC commissioner, said in a letter to the CEOs, dated June 24 and sent on FCC letterhead, that video-sharing app TikTok has collected vast troves
Fire-Boltt Rage smartwatch has been launched in India. The smartwatch sports a 1.28-inch full-touch HD circular display with 240×240 pixels resolution. It has been claimed to support 60 sports modes, including running, cycling, swimming, and more. The Fire-Boltt Rage smartwatch comes with 24/7 dynamic heart rate tracking, sleep monitoring and SpO2 level measurement. The newly
Twitter has launched the Tweeten application for Windows and Mac as a replacement for the outgoing TweetDeck application. Twitter had earlier announced that it will be “saying goodbye” to TweetDeck app for Mac to focus on making it better and testing Twitter’s new preview. The microblogging platform has informed that the app will no longer
A new security vulnerability has been disclosed in RARlab’s UnRAR utility that, if successfully exploited, could permit a remote attacker to execute arbitrary code on a system that relies on the binary. The flaw, assigned the identifier CVE-2022-30333, relates to a path traversal vulnerability in the Unix versions of UnRAR that can be triggered upon
Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed in the next market cycle. One project that has seen a noticeable boost in volume, despite the wider-market downtrend is Stratis (STRAX), a blockchain
The ongoing cryptocurrency market decline is the right time for the community to strengthen infrastructure fundamentals, according to the chief strategy officer at the European digital asset manager CoinShares. CoinShares is one of the largest digital asset investment firms in Europe, with net assets exceeding $260 million by the end of 2021. According to CoinShares’
Kieran Warwick created the play-to-earn game Illuvium with his brothers Aaron and Grant — all siblings of DeFi maverick Kain, the founder of Synthetix. He shares his alpha on how NFT game mechanics can be designed in such a way that playing them can be fun and profitable in the long term. Warwick entered the
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