We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Illustration by Mitchell Preffer for Decrypt Crypto Twitter this week was dominated by the industry’s new …
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Upbit Dominates South Korea’s Crypto Market, Ranking Top 5 Globally: Report
by Wayne Jonesby Wayne JonesUpbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s leading five exchanges in terms of trading volume. According to a Bloomberg report, Upbit’s customers were responsible for nearly a fifth of the total deposits from …
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The crux of the matter centers on the SEC’s recent moves to classify Ethereum, the world’s second-largest cryptocurrency by market capitalization, as a security. The Case Against Ethereum as a Security Consensys argues that this regulatory attempt is an overreach that stifles innovation and harms developers, investors, and the broader …
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Ripple (XRP), Cardano (ADA), Fantom (FTM) Amongst Forbes’ Zombie Tokens List
by Bary Rahmaby Bary RahmaThese blockchains, termed “good-for-nothing,” trade heavily on speculation rather than functional demand, mirroring traits of a speculative bubble rather than technology-driven markets. Ripple (XRP), Cardano (ADA), Fantom (FTM) Are Good For Nothing: Forbes Despite Ripple’s ambitions to revolutionize banking transfers, competing directly with SWIFT, it has largely failed to meet …
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Russian Duma considers exchange ban as Beribit clients demand crypto, receive chocolate
by Zack Abramsby Zack AbramsThe troubles began with reports of a raid by Russian authorities on the offices of crypto exchange Beribit at the end of March, allegely in connection to the Crocus City Hall terrorist attack. Then, Beribit, which is an officially licensed exchange in Russia, announced on Telegram that during a change …
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–> zkSNACKs, the developer behind the Wasabi Wallet, an open-source Bitcoin wallet which “conjoins” transactions in order to boost privacy, blocked users from the United States from accessing Wasabi Wallet and other services indefinitely. Users from the U.S. and related territories are now barred, through means of an IP address …
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Institutional investors in Canada substantially increased their cryptocurrency exposure last year compared to the previous bull market cycle, according to a recent survey by accounting firm KPMG. The consulting group’s bi-annual survey, “Institutional Adoption of Cryptoassets,” received 65 responses, including 31 institutional investors managing over $500 million in assets and …
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Last week, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) progressed to trial, with many expecting a soon resolution. Attorney James K. Filan announced a new schedule from Magistrate Judge Sarah Netburn, targeting the motion for remedies and final judgment. The SEC must respond by …