When Richard Scotford moved to Costa Rica in 2018, he had no idea he would become a key figure in a thriving Bitcoin economy. A longtime Bitcoin holder who initially saw it through the lens of speculation, Scotford’s journey led him to embrace Bitcoin’s deeper purpose and spearhead Bitcoin Jungle — a grassroots movement bringing real-world Bitcoin…
Binance, the world’s largest crypto exchange, officially opened its platform to users in Syria. The move comes a month after the US and the European Union (EU) lifted a long-standing economic sanctions on the Syria. Now Syria is no longer classified as a prohibited country for Binance. Can this be considered a turning point for…
As anticipation builds across the crypto market over which altcoin exchange-traded funds (ETFs) will receive a go-ahead from the U.S. Securities and Exchange Commission (SEC), Bloomberg analyst James Seyffart has raised the odds for it happening. According to his latest forecast, the chances for Solana (SOL) and Litecoin (LTC) spot ETFs being greenlighted stand at…
The crypto arm of the French banking giant Societe Generale is launching a US dollar stablecoin on the Ethereum (ETH) and Solana (SOL) blockchains. In a new announcement, the Societe Generale-FORGE says it is launching the USD CoinVertible (USDCV), its second stablecoin after the 2023 launch of EUR CoinVertible (EURCV). Says Jean-Marc Stenger, CEO of…
Verse World—a virtual reality platform described by its creators as “the world’s most hyper-realistic VR metaverse”—has opened to the public after more than two years of development. The platform is launching at a time when the broader interest in the metaverse has declined since its peak in 2021. Verse World is now attempting to establish…
Guggenheim and Ripple have teamed up to bring a US Treasury-backed fixed-income asset to the XRP Ledger (XRPL). Guggenheim is reported to have issued and redeemed $10.3 trillion of Asset-Backed Commercial Paper (ABCP) in the last 27 years. Guggenheim, a reputable investment manager in the US, has announced a strategic partnership with Ripple to expand…
