XRP, which is the native digital currency of the Ripple platform and ranks among the oldest blockchain networks’ top 10 crypto assets, has experienced poor performance over the past five years. Despite this distinction, its value has lagged significantly since it peaked at over $3 in early 2018 during the all-time high of the cryptocurrency … Read more
Polymarket publicly acknowledges and regret the unfortunate “retardio” episode caused by an intern’s inappropriate use of language. They offer their sincere apologies. Polymarket, a decentralized prediction market where people can wager on global events, is facing controversy following a series of questionable posts published by an intern on X. These posts have raised concerns due … Read more
The US regulatory authorities are aiming to impose a penalty of $5.3 billion on Terraform Labs and its founder, Do Kwon, in the wake of a court decision in a civil lawsuit against them. Based on a court filing made on April 19, 2023 with the Southern District of New York, the Securities and Exchange … Read more
In the first quarter of 2024, Tesla, the leading electric vehicle producer, didn’t dispose of any Bitcoin from their holdings according to their financial report, despite a significant decrease in their overall revenue. Based on the data in the report, Tesla’s overall income dropped by 15.3% from $25.1 billion in Q4 2023 to $21.3 billion … Read more
Is public sentiment shifting against the SEC as Ripple contests their $2 billion request, with the crypto community growing increasingly frustrated playing a role in this changing tide? In the current court dispute between Ripple (XRP) and the US Securities and Exchange Commission (SEC), the SEC is seeking a significant penalty of approximately $2 billion … Read more