Shiba Inu Publishes SHIBPaper to Connect 7.5 Billion People, Can it Drive Price to $0.00000015?

Shiba Inu recently released the Shiba Inu World Paper, also known as the SHIBPaper, which provides detailed insights into the entire Shiba Inu project. This includes its services, products, partners, platforms, and ecosystem tokens. The paper also introduces a novel concept known as the Shiba Inu state, which aims to introduce a layer of trust […]

SEC Fines Titan Global Capital Management USA LLC for Misleading Investors

Titan Global Capital Management USA LLC has been accused of misleading investors by the SEC. The company allegedly advertised a hypothetical performance of their services leading to annualized gains as high as 2,700%, which was based on performances recorded over three weeks. They also used improper hedge clauses, customer signatures without their consent, and misled […]

S&P Index Performance After Jackson Hole Meeting Could Impact Cryptocurrency and Blockchain Sectors

The Jackson Hole meeting, an annual economic symposium attended by international central bankers and finance ministers, is set to take place from August 24 to 26 this year. Bloomberg Intelligence has constructed a comprehensive chart, put together by Markets & Mayhem, which reveals a consistent pattern of stock price increases in the week following the […]

Central Bank Report Warns of Financial Risks of Cryptocurrencies in Emerging Economies

Cryptocurrencies have been promoted as a way to reduce financial risks in emerging economies, but a new report from the Bank for International Settlements (BIS) suggests that they may actually be amplifying them. The report, which was compiled by the BIS’s Consultative Group of Directors of Financial Stability, states that cryptocurrencies cannot solve the financial […]

Declining Pre-Owned Home Sales Impact US Economy

The US housing market has experienced a decline in pre-owned home sales in July, dropping to the lowest level in six months. This is due to rising mortgage prices, a small inventory of available homes, and fewer prospective buyers entering the market. The decline in home sales has a ripple effect on the US economy, […]

SEC Changes Stance on XRP as Price Forms Bullish Pattern

The US Securities and Exchange Commission (SEC) has taken a new approach to Ripple in its Aug 19 Motion to Certify Interlocutory Appeal. The SEC has changed its stance on XRP from claiming XRP is a digital asset to stating that the token is a “computer code with no inherent value”. This could fuel hopes […]

AVAX Holders Hit All-Time Low as Crypto Market Plunges

The crypto asset Avalanche (AVAX) has been hit hard by the bear market, with its price dropping to a multi-year low of $10.14. According to IntoTheBlock’s findings, nearly all AVAX holders are currently at a loss, a situation that has not been seen before. The AVAX ecosystem has seen several developments this year, such as […]

Stellar Joins Bytecode Alliance to Promote WebAssembly Development

The Stellar Development Foundation has joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm). Wasm is a competitor to the Ethereum Virtual Machine (EVM) used by the Ethereum ecosystem, and is also used in non-blockchain, browser-based applications. In April 2022, Stellar developers chose Wasm as their computation engine, arguing that it […]

Binance Coin (BNB) Price Drops to Lows of $204 Amid Regulatory Headwinds

Binance Coin (BNB) has seen a sharp decline in price, trading to lows of $204 after breaking below the key levels of $210 and $208. This comes amid strong headwinds around Binance, with regulatory issues and payment partner issues adding to the downside pressure. If bulls give up the $200 zone, BNB could drop to […]