Ordinals inscriptions slow down but Bitcoin congestion lingers
Ordinals inscriptions have slowed down this week but Bitcoin continues suffering from congestion issues due to the BRC-20 craze.
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Ripple Labs acquires digital asset custody provider Metaco for US$250 mln
San Francisco-based Ripple Labs, a technology and financial services firm built around the XRP cryptocurrency, said it will acquire Metaco, a Swiss-based tokenization and digital asset custody provider, for US$250 million.
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UK lawmakers propose cryptocurrency regulation as gambling
In a new report, U.K. lawmakers suggest treating Bitcoin and Ether like gambling due to significant consumer financial risks.
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Bitcoin slips below US$27,000, XRP leads gains in top 10 cryptos
Bitcoin prices dropped below US$27,000 on Wednesday afternoon in Asia, while XRP gained the most after positive news for Ripple Labs on its lawsuit against U.S. Securities and Exchange Commission.
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China’s top prosecuting body issues warnings, guidance about country’s NFT market
China’s top legal authority issued a commentary on Monday about the risks and potential in NFTs, highlighting the need for legislation.
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XRP lawsuit: Judge denies SEC motion to seal documents in win for Ripple
A U.S. federal judge has denied a motion by the SEC to seal internal documents related to a speech given by the SEC’s former director on whether cryptocurrencies are securities.
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Web3 needs to engage with local communities. Its future depends on it
Web3’s terrible user experience, scams and lack of diversity could be solved if its leaders take a cue from environmentalists and ‘act locally,’ writes Tim Williamson of NieuxCo.
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XRP gains as SEC motion denied; NFT index down; US investors anticipate debt ceiling deal
Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies.
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Bitcoin history shows first financial transaction was almost an NFT
Internet sleuths unearth the first financial transaction on Bitcoin, showcasing the potential of NFTs.
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Bitcoin, Ether fall, Solana leads declines; U.S. stock futures trade flat; Asian equities mixed
Bitcoin fell 0.58% while Ether dropped 0.36%. Solana was the biggest loser of the day, dropping 1.67%.