CryptoNews

Ripple Unveils First Tokenized Money Market Fund on XRP Ledger

November 26, 2024
Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi. Ripple Unlocks New Era of Tokenized Funds on XRP Ledger Ripple announced Monday that Archax, a Financial Conduct Authority (FCA)-regulated digital asset exchange, has facilitated access to a tokenized money market fund managed by UK-based…
Read more
CryptoNews

Solana ETF Momentum Grows Amid Reports of SEC Engagement

November 22, 2024
The SEC’s reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency market investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S. Securities and Exchange Commission (SEC) staff and prospective issuers are reportedly moving…
Read more
CryptoNews

Bitcoin Surpasses $95,000: A Milestone in Cryptocurrency Markets

November 21, 2024
Bitcoin (BTC) reached an all-time high of $95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing Amazon. Bitcoin Hits $95,000, Bolstering $1.87 Trillion Market Cap Daily trading volume for BTC) surged to $76.65 billion…
Read more
CryptoNews

Binance Warns of Fake Tokens Exploiting Its Name

November 21, 2024
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance…
CryptoNews

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

November 20, 2024
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against Bit Mining Ltd., a cryptocurrency mining…
Read more