[ad_1] The XRP rich list chart is a fascinating chart and a perfect way to understand the distribution of wealth among the holders of the popular cryptocurrency. XRP is known for its transaction speed which is fast. It is used in remittances and cross-border payments. It has had a large and loyal community since its inception. For many people, the XRP rich list chart offers important insights into the top holders. This helps them visualize how much XRP is needed to join the ranks of the wealthiest individuals and organizations who are involved in the ecosystem. In this article, we…
Author: NBTC
[ad_1] A court in Sunwu County has ruled against a cryptocurrency trader identified as Xiao Yang, who facilitated money laundering operations through USDT (Tether) transactions. The case is one of 12 virtual currency-related proceedings heard by the court in 2024. According to court documents, Xiao Yang used WeChat, an instant messaging app, to connect buyers and sellers of USDT, commonly referred to as “U-coins” in China. Operating with price differentials ranging from 1 to 6 cents compared to rates on the OKX exchange (formerly Ouyi), Xiao Yang processed transactions by forwarding payment information between parties and using his personal TP…
[ad_1] April has been a month of extreme volatility and tumultuous times for traders. From conflicting headlines about President Donald Trump’s tariffs against other nations to total confusion about which assets to seek shelter in, it has been one for the record books. Amid all the confusion, when traditional “haven assets” failed to act as safe places to park money, one bright spot emerged that might have surprised some market participants: bitcoin. “Historically, cash (the US dollar), bonds (US Treasuries), the Swiss Franc, and gold have fulfilled that role [safe haven], with bitcoin edging in on some of that territory,”…
[ad_1] Input Output Global CEO Charles Hoskinson claims that Cardano has now been completed. Hoskinson has clarified that the scaling of the original roadmap is done. Input Output is currently working on such additional projects as Hydra, a layer-2 protocol, and Leios, the ambitious layer-1 upgrade, at its own risk without guaranteed funding. IOG will call it quits after finishing the ongoing work if it does not get funded. “We are currently doing all the Leios and Hydra work at risk, whether we get paid or not. If we don’t get funded, then we will finish it and leave for…
[ad_1] A Nigerian court has given the Economic and Financial Crimes Commission (EFCC) the go-ahead to arrest and detain six individuals allegedly involved in CBEX cryptocurrency investment fraud. The platform reportedly promised unrealistic returns, luring investors into what is now believed to be a sophisticated scam amounting to over $1 billion, according to Punch. The Alleged Promoters of the CBEX Fraud The Federal High Court in Abuja granted the EFCC’s request on Thursday, following an ex parte application filed by the commission. The six individuals named in the motion include Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo,…
[ad_1] Economist Steve Hanke is not a fan of U.S. President Donald Trump’s tariffs, drawing a historical parallel between today’s economic conditions and the early 1930s by invoking the Smoot-Hawley Tariff Act and denouncing it as “the stupidest thing I’ve ever seen in my life.” Trump’s Trade Levy Could Repeat 1930s Market Freefall, Warns Hanke On the social media platform X, American economist Steve Hanke—celebrated for his applied economics research, currency-reform work and monetary policy expertise—has been unabashedly voicing his disdain for Trump’s tariff measures. On Sunday, he took to X and said, “According to my friend and former colleague…
[ad_1] The Shiba Inu team has seen a major trend in its burn strategy, as data from its on-chain burn tracker, Shibburn, shows that the SHIB burn rate has surged massively by 1,328.82% over the last day. On Tuesday, the crypto market kick-started a fresh bull run that saw major cryptocurrencies rebound above previous key resistance levels. While this has sparked renewed interest among investors, fuelling massive demand for SHIB, it has also seen SHIB record a notable four-digit increase in its burn rate in just one day. As such, a total of 27,204,090 SHIB tokens have been sent to…
[ad_1] If you haven’t heard, there’s a huge court battle playing out between two HR and payroll services rivals, Rippling and Deel (they’re both suing each other). So, what does this have to do with our industry? Well, there’s a separate ongoing court case happening between two crypto companies. It’s a little complicated, so bear with me. In December of last year — so before Rippling filed its suit — Toku accused its rival firm, Liquifi, and its new general counsel, Benjamin Snipes, of stealing thousands of files containing sensitive business information after Snipes left Toku on not-so-pleasant terms. The…
[ad_1] Solflare launches a self-custodial crypto card enabling instant USDC spending via Google Pay, Apple Pay, and Mastercard without extra fees. Users reported temporary wallet access issues on Solflare, related to Solana RPC disruptions, though assets remained secure and visible on Solscan. Solflare, one of the leading crypto wallets on the Solana network, has officially launched the Solflare Card, a new product that allows users to spend their USDC balances instantly without any additional fees or spending limits. Not only that, this card is also directly integrated with Google Pay and Apple Pay, so it can be used at more…
[ad_1] Blockchain tracking service Whale Alert has reported a 1,500 BTC transfer (worth approximately $128 million) between Bitfinex and Kraken, two of the leading cryptocurrency exchanges globally. Following the transfer, there has been speculation within the crypto community on the impact of this movement on Bitcoin’s price. In contrast to transfers to private wallets, this BTC transfer between two popular exchanges could indicate possible arbitrage activity or trading rather than long-term storage. The participants involved in this transfer could be doing so to take advantage of price differences between exchanges, otherwise known as arbitrage opportunities. It could also mean the…