Author:

The post Ripple News: Major Partnerships in Japan and South Korea Strengthen XRPL appeared first on Coinpedia Fintech News Ripple is making headlines this week with several key announcements to strengthen blockchain infrastructure and support institutional adoption. These developments highlight Ripple’s commitment to blockchain technology. Here’s a quick roundup of their latest announcements! New Partnership with Futureverse Ripple has partnered with Futureverse, an AI and metaverse tech company, to provide secure asset custody through Ripple Custody. Futureverse is leveraging the XRPL (XRP Ledger) NFT standard and integrating XRP as the gas token on the Root Network. Additionally, Futureverse is connected…

The post WazirX Users Likely to Lose 50% Funds, Hacker Moves 2600 ETH appeared first on Coinpedia Fintech News Wazirx, one of the biggest Indian crypto exchanges, is still in hot waters. In the aftermath of the massive $234 million hack that hit WazirX, the Indian cryptocurrency exchange is facing intense scrutiny and significant challenges. With over 43% of customers’ funds at risk, the road to recovery seems long and uncertain. Let’s break down what’s happening and what it means for WazirX’s users. The Hack and Its Impact On July 18, Wazirx experienced one of the biggest crypto heists in…

VC funds crypto startups August 2024 witnessed a significant surge in investment activity, with venture capital (VC) funds pouring $634 million into various crypto startups, as reported by CryptoSlate using data from DefiLlama. This figure represents a 15% increase compared to July, highlighting a renewed investor interest in the blockchain and cryptocurrency sectors despite ongoing market volatility. Key Investment Areas Among the crypto startups that attracted investment, projects focused on blockchain infrastructure were the primary beneficiaries, receiving nearly $460 million of the total investment. This focus on infrastructure underscores the critical role that foundational technologies play in the broader adoption…

Wife of detained Binance executive U.S. government intervention has become a critical issue as Yuki Gambaryan, the wife of Binance executive Tigran Gambaryan, who is currently detained by Nigerian authorities, makes a heartfelt appeal to the U.S. government for assistance. According to Decrypt, Yuki Gambaryan is urging U.S. officials to take immediate action to secure her husband’s release, whom she describes as an “innocent American.” Appeal for U.S. Government Action Tigran Gambaryan, a high-ranking executive at Binance, has been detained by Nigerian authorities under circumstances that his family and supporters claim are unjust. In her public statement, Yuki Gambaryan expressed…

The post Toncoin (TON) Set for Bullish Breakout, Eyes on 15% Price Surge appeared first on Coinpedia Fintech News After a massive price drop in Toncoin (TON), it is currently poised for a breakout and a potential rally. Since Telegram CEO Pavel Durov got arrested in France, TON price has experienced a price drop of over 25% and currently struggling to gain momentum.  TON Price Prediction  Amid this ongoing consolidation, TON has formed a bullish descending price action pattern in the four-hour time frame. It is in now a narrow zone and is ready for a breakout. According to the…

The post XRP Price Surge Imminent? Key Metrics Reveal Bullish Potential appeared first on Coinpedia Fintech News The overall cryptocurrency market is in a downturn, but key metrics are flashing that the XRP price is set to skyrocket. In the past week, XRP has experienced a massive price drop of over 12% potentially due to the bearish market sentiment and the recent decline in Bitcoin (BTC).  XRP’s Bullish Signals  The current data including a descending trendline breakout, bullish Divergence, token inflow on exchanges, exchange reserve, and price action, indicate a bullish outlook for XRP despite the bearish market sentiment.  Expert…

The post EFCC Opposes Bail as Detained Binance Exec Seeks Medical Care in Nigerian Money Laundering Trial appeared first on Coinpedia Fintech News The trial of Binance executive Tigran Gambaryan continued in Abuja on September 2, with Nigerian prosecutors arguing against his request for bail and minimizing his health issues. Lawyers for Nigeria’s EFCC argued that Gambaryan was not in poor health, even though the government regulator’s counsel submitted health records to the court showing he needed surgery. EFCC Counters Executive’s Bail The trial of Tigran Gambaryan, a Binance executive detained in Nigeria, resumed on September 2, 2024. His lawyers…

The post Why TON Could Surge Next: 1 Billion Transactions and a Tap-to-Earn Game Boom! appeared first on Coinpedia Fintech News The Ton network has become one of the most famous blockchain recently. The maximum credit goes to the boom in tap-to-earn games. The open network is becoming a great choice for projects wanting to launch tap tap games on telegram app. But this popularity does not come without a price. If you are aware, the TON blockchain was halted for 6 hours last week. Nonetheless, these challenges can not stop Toncoin from taking a huge surge and bringing great…

The post Ripple’s Chief Legal Officer Slams SEC’s Use Of ‘Crypto Asset Securities’: ‘Stop Trying to Deceive Judges’ appeared first on Coinpedia Fintech News Ripple’s Chief Legal Officer, Stuart Alderoty took to social media on September 2 and expressed concerns about the SEC’s negligence. Taking to his X handle, he wrote, “The term ‘crypto asset security’ is nowhere to be found in any statute—it’s a fabricated term with no legal basis. The SEC needs to stop trying to deceive judges by using it.”  A federal judge recently ordered Ripple Labs to pay the SEC approximately $125 million in penalties, significantly…

The post PEPE Price Prediction For September 2024 appeared first on Coinpedia Fintech News Pepe (PEPE), the popular and third-biggest meme coin, looks poised to skyrocket as a fresh whale buys billions of tokens. On September 02, 2024, an on-chain analytic firm lookonchain made a post on X (previously Twitter) that a whale had purchased 292.97 billion tokens worth $2.17 million from Binance following the opening bell of the US stock market. Whales’ Big Bet on PEPE  This significant PEPE purchase suggests a prime buying opportunity, as it occurred near a crucial support level of $0.0000071. Besides PEPE, this whale…