7 records · page 1 of 1
Amplify has sought approval for an XRP ETF. Gumi has acquired $17 million worth of XRP, indicating huge interest from large investors and firms worldwide. Asset manager Amplify, with $12.6 billion under management, has filed for an ETF with the U.S. Securities and Exchange Commission. Known as XRP Option Income, the filing shows plans to
Bradley Nelson3 min read
As more users start using the platform, it will be interesting to see whether the Hedera Hashgraph can handle thousands of user transactions without performance degradation. The digital world is immense, with various ledgers. While such ledgers are blockchain-based, many suffer from inefficiencies, especially slow transaction speed. Thus, Hedera Hashgraph offers the ideal solution to
Bradley Nelson4 min read
Coinbase exchange’s Q4 report showed earnings 23% higher than predicted. Its CEO said the company is making a 10-year growth plan. Coinbase’s (COIN) Q4 2024 earnings announcement greatly exceeded investor expectations. In Q4, the cryptocurrency company reported revenue of $2.3 billion, 23% more than anticipated. Coinbase’s trade volume also reached $439 billion, an 185% increase
Bradley Nelson3 min read
A man from Guelph, Ontario, lost $188,000 to a crypto scam after being tricked by someone posing as a childhood friend. An Ontario man lost $188,000 when he tried to invest in cryptocurrency for the first time after being contacted by someone claiming to be his childhood friend. The crypto scam began in July of
Bradley Nelson3 min read
Michael Egorov, the founder of Curve Finance, faces a huge liquidation after a sharp decline in CRV’s value, highlighting the risks of leveraging in volatile markets. The Curve DAO token’s (CRV) price recently plunged, causing Curve Finance founder Michael Egorov to lose 918.83K CRV tokens, valued at about $882.66K. The token lost 12% of its
Bradley Nelson3 min read
As more users start using the platform, it will be interesting to see whether the Hedera Hashgraph can handle thousands of user transactions without performance degradation. The digital world is immense, with various ledgers. While such ledgers are blockchain-based, many suffer from inefficiencies, especially slow transaction speed. Thus, Hedera Hashgraph offers the ideal solution to
Bradley Nelson4 min read
Crypto exchange Kraken confirms the immediate shutdown of its US-based crypto staking-as-a-service operations. The shutdown will feature payment of a $30 million fine imposed by the US Securities and Exchange Commission (SEC) for offering unregistered securities. Constituent Kraken’s Firms Terminate the Staking Services The statement by the crypto exchange firm dated February 9 indicated that
Stephen Causby2 min read
