The recent decision by the SEC to withdraw its lawsuit against Ripple Labs has significantly impacted XRP’s market dynamics. This legal resolution has led to a surge in XRP’s price and has prompted discussions about its potential to reach the $5 mark before April 2025. As recently discussed in a CNF update, the U.S. Securities…
If you think this sounds familiar, you’re not wrong. When Trump assumed the presidency in 2017, scientists, archivists, and librarians at the University of Pennsylvania raced to save data published by the Environmental Protection Agency (EPA) and NOAA. Another group in Michigan, also fearing the EPA and NOAA websites would lose valuable information, made a…
Australian law enforcement, in partnership with Binance, has issued a warning about scammers impersonating Binance and targeting crypto investors. Fake Verification Codes Australian law enforcement has warned crypto investors to be cautious of scammers impersonating Binance. In a statement jointly issued with the National Anti-Scam Centre (NASC) and Binance Australia, the Australian Federal Police (AFP)…
A recent report from Swiss blockchain analytics firm Global Ledger revealed that the sanctioned Russian crypto exchange Garantex has resurfaced under the name Grinex. “After the Garantex website was taken down and its wallets were frozen, the sanctioned exchange provides access to crypto services through an alternative platform, Grinex,” said Global Ledger. By mid-March, Grinex…
The US SEC has officially dropped its XRP lawsuit against Ripple Labs. XRP price is in rebound mode following the news but with a generally tempered outlook. American blockchain payments firm Ripple Labs Inc is now free from the damning lawsuit filed against it in December 2020 by the United States Securities and Exchange Commission…
A federal judge on Thursday issued an order blocking Elon Musk’s Department of Government Efficiency from accessing systems at the Social Security Administration (SSA) that store the personal information of millions of Americans. In the Thursday ruling, U.S. District Judge Ellen Hollander in Maryland accused DOGE of being “essentially engaged in a fishing expedition” in…
Local mobile e-wallet GCash recently announced its partnership with Circle, a global financial technology firm that allows payments, commerce, and financial applications to integrate digital currencies and utilize blockchain, to offer the stablecoin $USDC. GCash and Circle Partnership The partnership enables GCash users to receive, purchase, store, and transact with $USDC through their GCrypto wallets….
TL;DR Ethereum remained one of the altcoins that failed to chart a new all-time high during the most recent bull cycle and now stands 50% away from its local peak. However, ETH holders have continuously removed the number of tokens sitting on exchanges, which could suggest that a price rally could finally be around the…
First-ever CFTC-approved XRP futures signal increasing regulatory clarity and enhanced institutional adoption. The resolution of Bitnomial’s lawsuit against the SEC marks a positive shift in the regulatory environment for XRP. Following Bitnomial’s New XRP Futures Contracts, as reported by CNF in 2024, the initiative initially aimed to boost market confidence. The Chicago-based digital asset derivatives…
Image: Guillaume Périgois/Unsplash The European Commission claims that Alphabet, Google’s parent company, has breached the Digital Markets Act. The specific allegation is that Google is self-preferencing on Search and the Play Store. The DMA applies to “gatekeeper” organisations that have a major economic impact in the EU (at least €7.5 billion in annual revenue in…
