XRP price fails to respond to two extremely bullish developments – Here is why

XRP’s Market Performance: Analyzing Recent Trends and Future Potential Despite some positive developments for XRP, the cryptocurrency has been underperforming compared to the broader market. This article examines the factors influencing XRP’s price and what could potentially trigger a rally. As reported by Cointelegraph, recent events have painted a mixed picture for XRP investors. Key…

These 4 memecoins can outperform Bitcoin this cycle

Memecoins Outshine Bitcoin: A New Era of Crypto Gains? While Bitcoin continues its impressive rally, a new breed of cryptocurrencies is capturing the attention of investors: memecoins. These high-risk, high-reward tokens are posting significant gains, leading some to believe they could outperform Bitcoin as the bull run accelerates. As reported by Cointelegraph, several memecoins, including…

Crypto awareness hits 94% in Singapore, 68% hold BTC, but ownership dips

Singapore’s Crypto Scene: Awareness High, Ownership Dips, But Optimism Remains Singapore remains a hotbed for crypto activity, with nearly everyone aware of digital assets. However, a recent survey reveals some interesting trends beneath the surface. While awareness is soaring, actual ownership has seen a slight decline. Let’s dive into the details of the latest Singapore…

FIFA taps Avalanche to launch dedicated blockchain for NFT platform

FIFA Chooses Avalanche for NFT Platform’s Blockchain FIFA, the international soccer governing body, is diving deeper into the world of blockchain technology. They’ve selected Avalanche to power their new blockchain network dedicated to non-fungible tokens (NFTs) and boosting fan engagement. This move aims to connect with FIFA’s massive global fanbase, estimated at over five billion…

Why is the crypto market up today?

Crypto Market Soars as Bitcoin Hits New Highs The cryptocurrency market is experiencing a significant upswing, with the total market capitalization increasing by 2.5% to $3.48 trillion on May 22. This marks the first time since February that the market cap has reached this level. Increased trading volume and Bitcoin’s record-breaking performance are fueling this…

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Dubai’s Crypto Regulator Clarifies Rules for Real-World Asset Tokenization Dubai is making strides in the crypto world by clarifying its regulations around real-world asset (RWA) tokenization. This move provides a clearer path for virtual asset service providers (VASPs) operating in the region, offering a framework for issuing and listing RWA tokens. The updated guidelines from…

Coinbase hacker trolls ZachXBT onchain after $42.5M THORChain swap

Coinbase Hacker Taunts Investigator After $42.5M Crypto Swap A recent data breach at Coinbase has taken a bizarre turn, with the hacker now taunting blockchain investigator ZachXBT after a significant cryptocurrency swap. The incident highlights ongoing security concerns and the increasing scrutiny of platforms like THORChain for their potential role in facilitating illicit transactions. This…

Microsoft takes legal action against infostealer Lumma

Microsoft Tackles Lumma Stealer Malware in Broad Cybersecurity Push Microsoft has taken significant legal action against Lumma Stealer, a notorious information-stealing malware. The tech giant has successfully blocked thousands of websites associated with the malware, marking a major victory in the ongoing battle against cybercrime. This action underscores the increasing importance of crypto regulation and…

Pakistan creates Digital Asset Authority to regulate crypto

Pakistan Establishes Digital Asset Authority to Oversee Crypto Pakistan is taking a significant step towards regulating its blockchain and cryptocurrency sector. The Ministry of Finance has reportedly approved the creation of the Pakistan Digital Assets Authority (PDAA), a dedicated body designed to oversee and regulate the burgeoning digital asset landscape in the country. This move…

Synthetix scuttles $27M Derive deal after community concerns

Synthetix Abandons $27 Million Derive Acquisition Plan After Community Pushback In a surprising turn of events, the decentralized finance (DeFi) platform Synthetix has decided to scrap its $27 million acquisition of the crypto options platform Derive. This decision comes after significant negative feedback from both the Synthetix and Derive communities. The deal, which involved a…