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07:05 ▪ 4 min read ▪ Written by Evans S. The arm wrestling between the SEC and cryptocurrency companies seems to be endless. Today, Ripple’s XRP is once again at the center of hostilities. Bitnomial, a Chicago-based cryptocurrency exchange, is accusing the SEC of stretching its jurisdiction too far by requiring increased compliance for XRP futures contracts. The incident has reignited tensions over XRP’s status as a security, with the cryptocurrency sector beginning to worry about broader implications for all digital assets. Bitnominal challenges SEC: Conflict of jurisdiction Bitnomial recently sought permission to launch dollar-backed XRP futures contracts under the…

7:05am ▪ 3 min read ▪ by Eddy S. Cointribune and Genezys are excited to partner up to bring you a new Read to Earn quest where you can diversify your knowledge while earning great rewards. Start today by discovering the enchanting world of Genezys, embarking on this amazing crypto adventure and winning surprises. Discover Genezys and earn cryptocurrencies with Read to Earn! Genezys is a crypto platform dedicated to sports enthusiasts, allowing fans, clubs and athletes to create value and earn money together. In this new Read to Earn quest, learn how Genezys is redefining fan engagement using blockchain…

Kaspa has been a revelation since the beginning of last year, with its value increasing 3,300x since January 2023 and then revising 35%. Dogecoin, the memecoin that once showed the world what memecoins could do, is not as good as Kaspa, but Dogecoin’s price has almost doubled in the last year. Cryptocurrency is a big profit driver and now Rollblock is showing how it can outperform coinmemes from big players like Kaspa. Roll Block (RBLK): Balancing explosive growth and long-term sustainability Rollblock is drawing attention to the crypto market by offering investors a rare combination of short-term growth potential and…

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Blockchain Life, a globally recognized gathering of enthusiasts and experts in the Web3, cryptocurrencies and mining fields, is set to reconvene its latest edition in Dubai on October 22-23, 2024.The 13th Crypto Event will bring together over 10,000 attendees from 120 countries to share insider information ahead of Bull Run 2025, which is expected to lift the crypto market.Entrepreneurial readers in the Middle East can secure a spot at Blockchain Life 2024 with a 10% discount by using the code “BNC10”.Source: Blockchain LifeThe lineup of speakers confirmed to attend…

WiMi Hologram Cloud, a global leader in augmented reality (AR) technology, recently introduced a new federated learning framework that leverages both layered and sharded blockchain technology. This innovative solution aims to address several key issues within federated learning, including data security, privacy protection, computational efficiency, and system scalability. By combining advanced blockchain strategies, the company seeks to streamline and secure data collaboration, paving the way for more efficient use of interconnected devices and systems. Revolutionizing data exchange and processing WiMi’s federated learning framework divides Internet of Things (IoT) networks into multiple layers and shards. This structure is designed to enhance…

Fidelity Investments, a global asset management company, has announced plans to launch a blockchain-powered money market fund with the aim of increasing the speed and efficiency of financial transactions while expanding its customer base. The company filed a document with the U.S. Securities and Exchange Commission (SEC) on September 26, 2024, detailing its intention to use blockchain technology for this new business. This is Fidelity’s first attempt to incorporate blockchain into its market funds, positioning it to compete with other asset management companies that have adopted similar technology. Entering the competitive environment Fidelity’s upcoming blockchain-based money market fund faces competition…

Fidelity Investments, a global asset management company, has announced plans to launch a blockchain-powered money market fund with the aim of increasing the speed and efficiency of financial transactions while expanding its customer base. The company filed a document with the U.S. Securities and Exchange Commission (SEC) on September 26, 2024, detailing its intention to use blockchain technology for this new business. This is Fidelity’s first attempt to incorporate blockchain into its market funds, positioning it to compete with other asset management companies that have adopted similar technology. Entering the competitive environment Fidelity’s upcoming blockchain-based money market fund faces competition…

Renowned crypto commentator Ben “Bitboy” Armstrong reiterated his long-standing bullish view on XRP, suggesting investors may regret their current investment decisions. In a recent post on X, Armstrong claimed that in five years, today’s XRP investors will wish they had saved up more tokens. This perspective is based on his belief in the long-term prospects of the seventh largest cryptocurrency. XRP is currently trading around $0.5393, but optimistic market commentators like Bitboy believe the asset’s value could rise significantly by the end of the decade. Key factors influencing his optimism include the introduction of the XRP ETF and Ripple’s anticipated…

At the time of writing, Dogecoin was leading the charts with the highest number of short-term traders Doge’s price trend looked poised for further upside after the breakout For meme coins, the activity of short-term traders plays a key role, especially since these tokens are primarily driven by hype and speculation. Among them, Dogecoin (DOGE) currently leads the way with the highest number of active short-term traders. According to IntoTheBlock, DOGE was at the top of the charts, boasting over 110,000 short-term traders over the past seven days. This allows DOGE to perform well in the meme coin space. In…

A survey titled “ETFs and Beyond” released by investment giant Charles Schwab on October 10th revealed that almost half of respondents said they plan to invest in crypto ETFs. Ta. A survey conducted among 2,200 investors from July 2 to July 20 revealed that 45% of ETF investors are interested in crypto products. However, US stocks remain the top investment destination, with 55% planning to invest in 2025. Eric Balchunas, senior ETF analyst at Bloomberg, said the results were “very surprising.” Almost half of Schwab respondents said they plan to invest in crypto ETFs rather than fixed income, foreign or…