Tag: blockchain
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Ripple’s RLUSD Gets Final Approval from NYDFS to Launch USD-Pegged Stablecoin
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Ripple Labs has received approval from the New York Department of Financial Services (NYDFS) to launch its USD-pegged stablecoin, RLUSD. CEO Brad Garlinghouse confirmed the approval on X (formerly Twitter), announcing, This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll…
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Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why
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Renowned economist Peter Schiff has made another bold statement against Bitcoin. Schiff stated that Joe Biden’s government selling all the country’s BTC holdings would be a good thing and further explained why such a move would benefit the US. Peter Schiff Says Biden Selling All US Bitcoin Will Be “Good” In an X post, Peter…
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At a Hong Kong event, Justin Sun consumes a $6.2 million Cattelan banana artwork.
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Tron creator Justin Sun has reportedly eaten the $6.2 million banana from Maurizio Cattelan’s “Comedian” sculpture. Sun previously bought the banana at a Sotheby’s auction. Streaming live on his X account, Tron(TRON`) founder Justin Sun ate Cattelan’s banana at an open event in Hong Kong. In a video circulating online, Sun plucked the banana off the wall after…
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India investigates CBDCs as the payment system of the future and seeks cross-border mobile payments.
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India will likely establish mobile payment ties with other countries to improve cross-border payments, trades, and remittances. Deputy Governor of Reserve Bank of India, T. Rabi Sankar, shared that India is shaping up its mobile payment infrastructure with several countries, with Bloomberg. Sankar further elaborated that arrangements are already in place with Sri Lanka and that talks…
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Trillion-dollar firm Charles Schwab President reveals plans to enter the spot crypto market
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Charles Schwab, a Texas-based asset management firm with $7 trillion under management, has revealed its intentions to join the crypto bandwagon through spot crypto trading. The company’s serving presidents and incoming CEO said in an interview that the firm will start offering crypto investments to clients based on their preferences. Rick Wurster, Charles Schwab Corp’s…
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Shiba Inu Whale Holds 10% of SHIB Supply, Makes 250,000x Return
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A mysterious investor’s massive holdings raise concerns about SHIB distribution while highlighting the memecoin’s potential. Whale Holds Over 10% of SHIB Supply A mysterious Shiba Inu (SHIB) whale has been revealed to own over 10% of the token’s total supply across 150 addresses. Onchain data shared by blockchain analysis firm Bubblemaps on November 19 shows…
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Crypto News Roundup: Key Developments Impacting the Market
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Today’s crypto news highlights significant events shaping the landscape of decentralized finance, blockchain, and regulation. Here are the main developments: California Court Holds DAO Members Accountable On Nov. 18, a federal judge in California ruled that members of decentralized autonomous organizations (DAOs) could be held liable for the actions of their group under state partnership…