Author: V Sinclair

  • Tornado Cash founder is released from prison by a Dutch court.

    Tornado Cash founder is released from prison by a Dutch court.

    —

    by

    V Sinclair

    On February 7, 2025, Alexey Pertsev, the founder of Tornado Cash, was released from prison after several months. A Dutch court decided to end his pretrial detention, but he will remain under house arrest and monitored electronically. His case has drawn attention from those concerned about privacy and cryptocurrency, marking a significant moment in his legal…

  • Until April, the SEC will not make a decision on BlackRock’s spot Ethereum ETF options.

    Until April, the SEC will not make a decision on BlackRock’s spot Ethereum ETF options.

    —

    by

    V Sinclair

    In a latest development, the US SEC has postponed its decision on BlackRock’s proposal to list and trade options on its spot Ethereum exchange-traded fund (ETF). The new deadline for the SEC’s decision is set for April 9, 2025.  The SEC said it will decide on April 9, 2025, whether to approve or disapprove allowing options trading…

  • The recent failure of the XRP Ledger is explained by the Ripple CTO.

    The recent failure of the XRP Ledger is explained by the Ripple CTO.

    —

    by

    V Sinclair

    The XRP Ledger (XRPL) recently experienced a significant technical disruption, temporarily halting block production for about an hour. This unexpected outage raised concerns within the XRP community and allowed critics to question the network’s reliability. Unraveling the Cause of the Outage Ripple’s Chief Technology Officer, David Schwartz, commented on the situation, explaining that although the network is recovering,…

  • Is It Possible for Tariff Changes to Increase Crypto Market Trust?

    Is It Possible for Tariff Changes to Increase Crypto Market Trust?

    —

    by

    V Sinclair

    A recent decision by President Donald Trump to suspend import tariffs on Canada and Mexico for a month has sent positive ripples through the cryptocurrency sector. The announcement triggered a swift recovery in digital currency values, with major players such as Bitcoin, Ethereum, and Ripple all showing notable gains. This surge has been attributed to decreased trade tensions…

  • Trump’s Tariff Suspension Sparks a Crypto Market Surge

    Trump’s Tariff Suspension Sparks a Crypto Market Surge

    —

    by

    V Sinclair

    President Donald Trump’s decision to suspend import tariffs on Canada and Mexico for 30 days created a positive wave across global markets. This development prompted a rapid recovery in the cryptocurrency market, with Bitcoin , Ethereum , and Ripple among many digital currencies experiencing gains. The surge in value was linked to eased global trade tensions, demonstrating…

  • $16 million is invested by Changpeng Zhao in the Sign Project.

    $16 million is invested by Changpeng Zhao in the Sign Project.

    —

    by

    V Sinclair

    YZi Labs, the investment firm founded by Binance‘s Changpeng Zhao, has announced a significant $16 million investment in the altcoin project Sign. This venture, which focuses on providing on-chain token distribution services, also garnered backing from notable firms like Altos Ventures, HackVC, and Amber Ventures. This latest funding initiative marks a meaningful expansion of YZi Labs’ portfolio, increasing…

  • According to a poll, retail CBDCs do not adequately meet the needs of actual customers.

    According to a poll, retail CBDCs do not adequately meet the needs of actual customers.

    —

    by

    V Sinclair

    Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods, as state-backed digital currencies struggle…

  • The top-ranked app in the Apple App Store is DeepSeek.

    The top-ranked app in the Apple App Store is DeepSeek.

    —

    by

    V Sinclair

    DeepSeek recently surged to the number one position on the Apple app store. While the company’s large language models or LLMs appear comparable to market leaders like OpenAI and Meta, its claims of costing a fraction to train and develop the competitive AI models is shaking not just the US tech stocks, but also the…

  • Analysts Discuss Dogecoin’s Possible Rise as It Aims toward $1

    Analysts Discuss Dogecoin’s Possible Rise as It Aims toward $1

    —

    by

    V Sinclair

    Over the past year, Dogecoin (DOGE) has shown significant growth potential. Some experts predict that Dogecoin’s price could increase by 10,000%, potentially reaching $1 or more. Historical trends and new developments are fueling hopes for another major rally. What do experts, including Ali Martinez, say about DOGE and its future? Dogecoin’s Price History Points to…

  • THORChain in massive $200m debt; pauses network for restructuring votes

    THORChain in massive $200m debt; pauses network for restructuring votes

    —

    by

    V Sinclair

    On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt. In DeFi, ecosystem debt occurs when a blockchain owes more tokens than it holds, as seen with THORChain’s current situation. This often results from overambitious…