Elon Musk Plans To Countersue Twitter In The Near Future
A recent story from the NYPost on Monday claims that Tesla CEO Elon Musk is preparing a counter-lawsuit against Twitter in an effort to scrap...
Reserve Bank of India Thinks Crypto Should Be Banned
by Jai Hamid
According to Finance Minister Nirmala Sitharaman, the Reserve Bank of India (RBI) is in favor of banning cryptocurrencies in India, but there has to be...
The Governor of the Reserve Bank of Australia Prefers Private Crypto
by Jai Hamid
As long as risks are addressed by regulation, Australia central bank governor Phillip Lowe believes a private solution is preferable for cryptocurrencies....
Ripple Predicts that 76% of the World’s Financial Institutions Will be Using Crypto by 2025
by Jai Hamid
According to recent research from payments company Ripple, important financial sector actors are contemplating central bank digital currency (CBDC)....
OpenSea Cuts off 20% of its Staff Due to the NFT’s Decline
by Jai Hamid
On Thursday, the non fungible token (NFT) marketplace OpenSea announced huge layoffs, following other crypto firms in cutting employment at one of the most tumultuous...
Celsius Network Files For Chapter 11 Bankruptcy
by Jai Hamid
Just one month after freezing client assets as a result of severe market volatility that has caused some companies to lose their business models, Celsius...
According to a KuCoin Study, 14% of Saudi Residents are Crypto-Investors
by Jai Hamid
Saudi Arabians are becoming more interested in and adoptive of cryptocurrencies, according to a recent KuCoin survey. It revealed that 76% of crypto investors in the...
California Launches An Investigation Into Crypto Companies
by Jai Hamid
Investors have been urged by the California Department of Financial Protection and Innovation (DFPI) to exercise great care while dealing with interest-bearing cryptocurrency asset accounts,...
Judge Denies SEC Attorney-Client Privilege Claims Against Ripple
by Jai Hamid
Despite the SEC’s best efforts, a U.S. court has ruled that Ripple’s internal records relating to the Hinman speech are not protected by the attorney-client...
Euro and Dollar are at Parity for the First Time in 20 Years
by Jai Hamid
The Euro and the US dollar have hit parity for the first time in 20 years, indicating that the two currencies are equal in value....