The desert! Binance.US abandons the purchase of Voyager assets
Voyager Digital, a bankrupt crypto lender, announced on Tuesday via a tweet that Binance.US had terminated their asset purchase agreement by sending them a letter. Voyager expressed disappointment but noted that their Chapter 11 plan would still allow for the direct distribution of cash and cryptocurrency to their customers through their platform. Binance.US attributed the […]
It’s time! XRPL Smart Contracts are day by day closer
XRPL Labs and FYEO have joined forces to evaluate the security of the Hooks Amendment, which aims to introduce smart contract capabilities to the XRP Ledger. FYEO recently announced the partnership via Twitter, highlighting its role in conducting a thorough security audit of the Hooks Amendment. FYEO’s expertise in blockchain-agnostic processes will be instrumental in […]
Voyager sets with the US Gov. Binance.US deal is closer
Voyager Digital Holdings, a bankrupt cryptocurrency lender, has reached an agreement with the U.S. government, paving the way for its $1 billion sale of cryptocurrencies to Binance.US. The deal was approved by a New York District Court on April 19, with the Official Committee of Unsecured Creditors also in agreement. The government, however, retains the […]
Bittrex under attack! SEC hits again
David Schwartz, Ripple’s Chief Technology Officer and known as @JoelKatz on Twitter, has weighed in on the U.S. SEC’s recent action against Bittrex, a prominent crypto exchange. The SEC’s legal complaint identifies DASH, ALGO, OMG, IHT, NGC, and TKN as securities listed on Bittrex. Schwartz referred to the SEC document, which states that investors in […]
Why Ripple’s Liquidity Hub Doesn’t Include XRP: An Explanation
Stuart Alderoty, the top lawyer at Ripple, took to Twitter to explain why the company’s new enterprise-level product, the Liquidity Hub, does not currently include XRP. According to Alderoty, the Liquidity Hub is aimed primarily at institutional clients rather than retail customers, and at present, there is limited liquidity for XRP in the United States. […]
Artificial intelligence for financial data by Bloomberg, the community reacts
The financial news agency Bloomberg has presented a new example of artificial intelligence (AI), which should open new opportunities to use the data available on the back end of the company. Many have responded to this new development as the “next step” of the AI industry. Bloomberg released a research paper on March 30 that […]