Category: cryptocurrencies

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Coinbase user agreement dispute reaches US Supreme Court

The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses. The United States Supreme Court has taken up a legal dispute concerning Coinbase and its users, specifically addressing a significant procedural matter on whether a judge or an arbitrator should decide which contract governs disputes. According to…
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CME Bitcoin futures hit record high, but uncertainty looms above $36K

CME Bitcoin futures hit a two-year high, but options market data reflects investors’ hesitancy. Bitcoin futures open interest at the Chicago Mercantile Exchange (CME) hit an all-time high of $3.65 billion on Nov. 1. This metric considers the value of every contract in play for the remaining calendar months, where buyers (longs) and sellers (shorts)…
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Multichain inside job? And SOL surges 80% in a month: Finance Redefined

The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the…
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SafeMoon addresses recent exploits amid SEC charges

SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and will work to resolve the situation…
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Ripple to power Georgia’s central bank digital currency, the digital lari

The National Bank of Georgia will use the CBDC platform to assess digital lari’s benefits for government, businesses and retail users. The National Bank of Georgia (NBG) has selected blockchain payments network Ripple Labs as the official technology partner for developing digital lari, its central bank digital currency (CBDC) project. In a statement, Ripple said the…
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Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project

The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement. Marathon Digital has begun mining Bitcoin (BTC) using power generated from methane gas siphoned off a landfill. The 280-kW off-grid pilot project is operating in Utah. Marathon teamed up with Nodal…
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Best Crypto to Buy Now November 2 – Aave, Solana, The Sandbox

With Bitcoin still trying to mount $35,000, analysts have flagged several cryptocurrencies as some of the best crypto to buy now. Image by cryptonews.com. With Bitcoin still trying to surmount the $35,000 level, analysts have flagged Aave (AAVE),  Solana (SOL), The Sandbox (SAND), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as some of the best…
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XRP, TON win approval in Dubai International Financial Centre free trade zone

The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well. The Dubai Financial Services Authority (DFSA) recognized two more tokens on Nov. 2, adding XRP (XRP) and Toncoin (TON) to its list of recognized tokens. They…
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Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor

BTC price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on Bitcoin. This week Bitcoin (BTC) price came within a hair of the $36,000 mark, before abruptly reversing course and correcting to $34,250. After a near 30% run over the past month,…
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Dubai VARA grants ‘initial approval’ to crypto firm WadzPay

The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities. The Dubai Virtual Assets Regulatory Authority (VARA) has issued an “Initial Approval” license to the crypto firm WadzPay, marking a pivotal step in the company’s journey toward obtaining a Virtual…
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