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Ethereum’s Layer 2 network, Scroll, just announced its SCR token in a much-anticipated airdrop, but some beneficiaries are clearly lamenting the event. According to the team’s blog post, the project’s first airdrop distributed 5.5% of SCR’s total supply (55 million out of 1 billion tokens) to early users who had already contributed to the ecosystem. Of this, 40 million SCRs were awarded to on-chain participants who earned 200 or more scroll marks (points from using the Layer 2 scaling network). An additional 1% will be distributed equally among eligible wallets, and an additional 0.5% is intended as a “bonus” for…
XRP was trading at $0.5334 on Tuesday, down 2% on the day. Uphold supports Ripple’s stablecoin RLUSD, the cryptocurrency exchange’s comment on platform integration. XRP is gearing up for a near 7% price decline. Ripple (XRP) lost nearly 2% of its value on Tuesday, October 22nd. As XRP holders speculate on the future of altcoins and the Securities and Exchange Commission (SEC) files lawsuits against Ripple and Ripple, XRP Ledger’s native token could see losses increase. Utility of USD (RLUSD) and its adoption by institutions. Ripple made several announcements during the Swell 2024 event, including a list of official exchange…
Hedge fund executive Brevan Howard said the United Arab Emirates’ (UAE) smart approach to cryptocurrency regulation has made it a top region for digital asset trading. Ryan Taylor, head of compliance at the $35 billion hedge fund Brevan Howard Group, said Monday at the AIM conference in Dubai that UAE regulators will He said he wanted to “fly.” “The UAE regulators are strict but want the industry to develop, have developed sensible regulations and are open to discussions with the industry to evolve the regulations.” Also present at the event was Brandon Robinson, Deputy Head of Private Markets at JPMorgan…
Hello and welcome back to Coin Desk live from the avalanche summit in Buenos Aires, the premier avalanche community event of 2024. I’m Jen Sasi. Here is my co-host Zach Seward and we are bringing you a very special episode of Markets Daily. Today on this show, we navigate the in shaping the crypto markets. So whether you’re actively trading or just curious about the volatility that is the crypto markets. The show is your compass to navigating the space and understanding what’s going on. Joining the show today is a Agora co founder and Ceo Nick Bene. Hey, thanks…
The crypto market is heating up again as analysts predict a massive crypto bull market in Q4 2024. From Dogecoin price heading for a massive rally to $12 to XRP price heading towards $44, traders and investors are eyeing the market for potential profits. But beyond the common crypto names, one altcoin rival that stands out is WallitIQ (WLTQ), which has the potential to rise 30,000x by the end of the crypto bull market.WallitIQ (WLTQ): AI Altcoin Rival Expects 30,000x Rise in Q4 2024WallitIQ (WLTQ) is more than just an altcoin rival. It is a cutting-edge artificial intelligence platform that…
Amid ongoing legal issues, the price of XRP is facing notable difficulties. Ripple (XRP), once a prominent player in the cryptocurrency space, has seen a decline in value following an appeal from the U.S. Securities and Exchange Commission (SEC) that could impact how XRP prices are classified. I experienced it. Although the price of XRP remains volatile, many investors are now eyeing new prospects, such as the final crypto presale of ETFSwap (ETFS), which offers a promising opportunity to profit at the current price of $0.03846 . ETFSwap (ETFS): A promising alternative ETFSwap (ETFS) is gaining attention for its novel…
advertisement A new artificial intelligence (AI) scam targets XRP holders, similar to a previous scam by fake Elon Musk. Cryptocurrency users lament the prevalence of fraud within the digital asset community, citing a lack of development. Regulators around the world are stepping up efforts to tackle notorious incidents, rolling out new guidelines and cracking down on bad actors. AI scam targeting XRP holders An artificial intelligence video circulating on YouTube features a fake Chris Larsen, co-founder of Ripple Labs. Similar to the incident involving billionaire businessman Elon Musk, the video shows Larsen offering to give away XRP to the community.…
Electric car company Tesla moved all of its Bitcoin in a flurry of transactions last week. However, according to blockchain intelligence firm Arkham Intelligence, Elon Musk’s company likely moved the coins to other wallets it manages.Arkham posted the move on Twitter (also known as X) on Tuesday. The company is one of the largest listed companies that has invested in major cryptocurrencies and tracks the movements of its cryptocurrencies.According to Arkham, the bitcoins had not been moved in the two years prior to October 15th. The coins were reportedly placed in seven new wallets that appear to be controlled by…
Every week, the picture of the College Football Playoff appears to be flipping in some way.Week 8 did not disappoint. And considering how this season has played out, I don’t think there will be many weeks that will disappoint. Georgia rode into Austin and defeated No. 1 Texas, while Alabama lost to Tennessee and Indiana continued to climb up the ladder in playoff contention. Currently, the Hoosiers are in my bracket and the Crimson Tide is out.Every Tuesday, I look at the teams whose stock has increased or decreased the most in the playoff picture, according to my predictive model.…
At the recent DC Fintech Week, Tether CEO Paolo Ardoino emphasized the need for sensible crypto regulation in the United States. In a remote presentation, Mr. Ardoino discussed Tether’s active engagement with global regulators and compliance efforts. CEOs of stablecoin issuers emphasized the importance of developing a regulatory framework that fosters innovation while ensuring consumer protection. Tether CEO urges US to introduce fair cryptocurrency regulations Tether CEO Paolo Ardoino appeared via video link at DC FinTech Week and expressed optimism that the U.S. will soon introduce clear and effective regulations. He emphasized that these regulations must ensure end-user protection while…