Category Archives: Latest Headlines

Banking Giant JPMorgan Files Trademark for New Crypto Wallet With Ability to Exchange and Transfer Virtual Currencies

Financial services industry titan JPMorgan has filed a trademark for a new digital assets wallet. In a recent filing with the United States Trademark and Patents Office (USTPO), JPMorgan filed a trademark for a J.P. Morgan Wallet product. According to the required trademark statement of use document, the J.P. Morgan Wallet’s identified purpose is to […]

Crypto market liquidity dries up following Alameda and FTX collapse

The crypto market has experienced a liquidity dry-up in the wake of the collapse of crypto exchange FTX and its sister trading firm Alameda Research, according to data provider Kaiko. The firms, founded by disgraced former billionaire Sam Bankman-Fried, were key market participants until they filed for bankruptcy protection earlier this month. This has created […]

Wyoming Will Try Again To Be First State With Own ‘Holy Grail’ Stable Token

Wyoming lawmakers will try again to become the first state in the nation with its stable token, along with a chance at billions in revenue if the Cowboy State can market itself successfully as a highly trusted first-mover. “As we want to develop a full ecosystem for blockchain-enabled commerce and financial technology innovation, you need […]

What Was the Dot-Com Bubble & Why Did It Burst?

What Was the Dot-Com Bubble? The notorious “dot-com” bubble—also known as the tech boom or internet bubble—was from 1995 to 2001. Then, Internet-related tech companies attracted massive attention from venture capitalists and traditional investors alike. This influx of money, combined with the exploding popularity of the internet in general, caused the web sector to expand […]

This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads

This week saw continued FTX fallout week as many crypto companies confessed the extent of their exposure to the collapsed empire. In week two of the FTX disaster story, crypto investors can expect things to get worse before they get better. However, the two market leaders, Bitcoin and Ethereum, no longer appear to be in […]

A Step-by-Step Guide on How To Enter The Metaverse

You might live in this world, but soon enough, there will be others to populate (no, we’re not talking about Mars, sorry, Elon). Enter the metaverse, the hottest topic of 2021. Sometime this year, the term crept into our lives between the third and whatever pandemic wave we’re at, and it won’t let go. This […]

First XRPL-Based USD Stablecoin (USDS) Launched with SEC-Qualified Custodian

According to a recent press release, Stably Corporation, based in Seattle, has officially launched their multichain USD-stablecoin Stably USD under the USDS ticker. The coin released on XRP Ledger is the first ever USD-pegged stablecoin launched on XRPL as part of a cooperation between XRPL and Stably. The source also stated that USDS is a […]

Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy

FTX, in a bombshell emergency court filing Thursday, said it has credible evidence that Bahamian regulators directed former CEO Sam Bankman-Fried to gain “unauthorized access” to FTX systems to obtain digital assets belonging to the company after it had filed for Chapter 11 bankruptcy protection. The filing said Bankman-Fried transferred those assets to the custody […]

Another NFT venture disappeared hours after launch, this time with $815K

With each passing day, the crypto scams are becoming bolder, but the latest NFT rug pull is as brazen as it gets. SudoRare, a platform meant to facilitate NFT transactions, managed to run off with around $815,000 worth of user funds just six hours after launch. The platform was an iteration, or what is referred […]

Australia Unveils Plans for Crypto Regulations Unlike ‘Anywhere Else in the World’

Crypto regulations will be informed by a phase of comprehensive “token mapping” research, according to Australia’s Treasurer. Australia’s crypto regulators are attempting to go where no government has ever. That’s according to them, at least. On Monday, the Australian treasury announced a multi-step plan to establish a crypto regulatory framework that it claims will be […]