See why XRP might rally to $1.25
XRP, Ripple Labs’ cryptocurrency to reach a new all-time high of $1.25 following the spike in the cryptocurrency in the past month. The price of XRP has broken through an unclear pattern that favours the bulls, although it is now trading sideways. This lack of volatility is what is keeping the remittance token quiet. A […]
Research reveals more than 80% of central banks are considering CBDCs
Central banks are increasingly debating whether to issue their own digital currencies to the general public, the so-called retail central bank digital currency (CBDC). According to a study undertaken by accounting company PwC, more than 80% of central banks are interested in developing a Central Bank Digital Currency (CBDC) or have already done so. On […]
E-commerce giant Shopify faces another lawsuit over alleged data breach
The class-action lawsuit filed against Shopify allegedly accuses the e-commerce platform of deliberately concealing the information on the data breach from its users for over a week. Shopify and Ledger , a hardware wallet company, are facing a huge legal battle after a group of Ledger customers filed a class action complaint accusing them of […]
Sberbank, Russia’s Biggest Bank Launches Cryptocurrency Sbercoin Amid Global Sanctions
Sberbank, Russia’s largest bank launched its own cryptocurrency Sbercoin following myriads of financial sanctions meted on the country by states as well as financial regulators after the invasion of Ukraine. Since Russia’s invasion of Ukraine , the nation has been subjected to a slew of sanctions, cutting it off from the majority of its foreign […]
UK Finally set to Adopt Stablecoins as Legal Tender
The UK has finally come to terms with crypto adoption as the country sets to make stablecoins like Bitcoin legal tender. The UK’s Economic and Finance Ministry has declared that stablecoins would be added to its present legal framework as a payment framework. Stablecoins as Legal Tender UK is set to adopt stablecoins as legal […]