Crypto Influencers Reduce Endorsement Deals
Due to the FTX lawsuit, crypto influencers are rejecting lucrative endorsement offers over concerns about the company’s future. Since the crypto exchange FTX collapsed last year, several celebrities have been sued for their alleged role in its promotion. As a result, crypto influencers are taking extra precautions with endorsement agreements. A $1 billion class action […]
Weekly Recap of Performing Altcoins
The digital currency ecosystem witnessed a tumultuous price action, with XRP, LDO, and LUNC remaining the top performers overall. In preparation for a bullish start to the new week, the digital currency ecosystem is emerging from the mixed performances of the previous week. Three digital currencies, including XRP, Lido DAO (LDO), and Terra Classic (LUNC), […]
Gemini to expand in UAE as Crypto.com receives an MPI license
To service consumers with addresses in the Emirates, Gemini is applying for a UAE license.Crypto.com Receives an MPI License in Singapore Gemini, a cryptocurrency exchange led by the Winklevoss twins, has commenced the process of acquiring a crypto license to service customers in the United Arab Emirates (UAE). As part of its global expansion plans, […]
Money in Mobile Payment Apps May Lack FDIC Insurance
The FDIC may not protect deposits made using mobile payment apps, and clients may not be aware of this fact, according to a US Watchdog. In a study released on June 1, the United States Consumer Financial Protection Bureau (CFPB) cautioned Americans to keep their money in protected accounts rather than on uninsured payment apps. […]
This Crypto Hearing Is “Crucial ” Says Ripple Executive
On June 6, 2023, there will be a hearing before House Committee on Agriculture regarding the future of Digital Asset, and Ripple has a say. The public publication of the documents and emails related to the Hinman speech is keenly anticipated by the global digital asset market leaders. On June 13, 2023, the critical documents […]