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Ripple Co-Founder Unlocks 63.7 Million XRP From Settlement Wallet

Guess who’s at it again moving the latest part of his Ripple settlement? Co-Founder Jed McCaleb just transferred 63,704,590 XRP ($12,293,769) to his personal wallet. XRP holders brace for the possible incoming dump. Former Ripple Founder’s Massive XRP Transfer Late last night, Whale Alert flagged up the gigantic XRP transfer from Jed McCaleb Settlement to…

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Oil Prices Surge 24%, Will Bitcoin Bulls Follow Suit?

Bitcoin has been bullish this week, peaking yesterday at over $7,083 on Coinmarketcap and even surpassing $7,200 on several major exchanges. The cryptocurrency declined below $6,900 as of today, but the bullish stance might be supported by surging oil prices. Bitcoin-Oil Correlation Bitcoin usually doesn’t show any correlation to traditional assets. Still, it fell below…

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Wells Fargo Advisors Named in Crypto Fraud Case

Three cryptocurrency traders allegedly scammed over 100 investors through a Ponzi scheme that generated over $35 million, according to victims who formed an entity to represent them. Interestingly, the trio worked for reputable banks and institutional firms, including Wells Fargo Advisors and NYSE. Former Wall Street Executives Operated Alleged Crypto Scam Q3 Investment Recovery Vehicle,…

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Binance Korean Cloud Exchange Adds Zero-Fee Trading

The leading crypto exchange quietly dropped the news that it was entering the South Korean market with Binance KR earlier this week. Not only will this be the first exchange to run on the Cloud but it will be zero-fee as well. Binance KR to Leverage Core Functionalities When Binance announced the launch of Binance…

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Ripple Lawsuit Plaintiffs Put CEO in the Crosshairs

Plaintiffs have filed an amended complaint against Ripple Labs in their two-year long lawsuit against the blockchain-based company. The modified lawsuit puts new pressure on Ripple CEO, Brad Garlinghouse. BRAD GARLINGHOUSE ACCUSED OF FRAUD The new amendment emphasizes CEO Brad Garlinghouse’s role in misleading XRP investors. It states that the head of Ripple repeatedly told…

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Daring Analyst Calls Bitcoin Crash to $2.4K Soon

With market data showing a range of conflicting signals, one analyst has now made a bold prediction that Bitcoin will soon see its largest price collapse in over a year. Whereas investors should consider all possibilities, such a bold assumption is certain to be controversial. PREDICTION BASED ON CHART PATTERN BREAKDOWN This claim of a…

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South Korean Crypto Exchanges Aid Police in Child Porn Investigation

South Korea’s four major cryptocurrency exchanges, Upbit, Bithumb, Coinone, and Korbit, reportedly stated that they would support the local police in investigating the so-called “nth rooms” phenomenon, which turned into a nation-wide scandal. Crypto Exchanges Reportedly Said Celebrities Were Users For years, dozens of South Korean middle school girls, and sometimes boys, were filmed performing…

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Craig Wright Defends His Kenyan “I Am Lawyer” Attorney

Since the coronavirus hijacked the headlines, Craig Wright and his lawsuit have taken a backseat. But, rest assured, the would-be Bitcoin inventor is still battling his corner. Now, he’s officially objecting to the Magistrate’s Order dismissing his Kenyan Lawyer attorney privilege. Craig Wright Objects to Court Ruling In an official objection document in the ongoing…

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Tezos Lawsuit Nears Conclusion, XTZ Bulls Eye $2

After more than two years of litigation the Tezos Foundation has agreed to settle the USD $25 million lawsuit levied against it by several early investors. This move could open the door to a Tezos rally as a key barrier to development may soon be lifted.  LEGAL PROBLEMS HAVE LOOMED LARGE OVER THE PROJECT Tezos’…

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