- Coinolly : Crypto News & Updation

XRP Attorney Raises Questions About Investigation into SBF’s Parents

28Jun

By No Comments

Crypto

XRP Attorney Raises Questions About Investigation into SBF’s Parents

XRP Attorney Raises Questions About Investigation into SBF’s Parents XRP attorney John E Deaton raises concerns about the investigation into Sam Bankman-Fried’s parents’ involvement in the FTX case. Key Points XRP attorney John E Deaton questions the disappearance of the investigation into Sam Bankman-Fried’s parents’ involvement in the FTX case. Deaton highlights previous allegations that SBF’s parents owned real estate in the Bahamas, allegedly purchased with FTX customer funds. SBF’s parents, Joseph Bankman and Barbara Fried, were implicated in the FTX fraud case, with claims of receiving payments from FTX. The ongoing controversies surrounding SBF’s arrest ...

Attorney Clayton J. Masterman Withdraws from Ripple’s Legal Defense Team in SEC Lawsuit

28Jun

By No Comments

Crypto

Attorney Clayton J. Masterman Withdraws from Ripple’s Legal Defense Team in SEC Lawsuit

Attorney Clayton J. Masterman Withdraws from Ripple’s Legal Defense Team in SEC Lawsuit Attorney Clayton J. Masterman’s departure from Ripple’s legal defense team in the SEC lawsuit raises concerns but has no substantial impact on the case. Key Points Attorney Clayton J. Masterman withdraws from Ripple’s legal defense team in the SEC lawsuit.. XRP holders show mixed reactions, causing a slight drop in XRP’s price. Ripple’s remaining attorneys will continue to represent the company in the ongoing case. The departures highlight the sensitivity of investors and the lawsuit’s potential implications for the cryptocurrency industry. Attorney Clayton J. Master...

Ethereum Launches Financial Assistance Program for Devconnect Istanbul Scholars

27Jun

By No Comments

Crypto

Ethereum Launches Financial Assistance Program for Devconnect Istanbul Scholars

Ethereum Launches Financial Assistance Program for Devconnect Istanbul Scholars Circle Internet Financial Ltd. is expanding into Asia’s cryptocurrency markets, focusing on Hong Kong, and closely monitoring its evolving crypto regulations to establish itself as a digital asset hub. Key Points Circle Internet Financial Ltd. is expanding into Asia’s cryptocurrency markets, particularly Hong Kong. CEO Jeremy Allaire is closely following Hong Kong’s evolving crypto regulations as it aims to establish itself as a digital asset hub. Hong Kong introduced new crypto regulations on June 1, attracting attention from digital asset firms seeking secure destinations amid the US...

Bybit Takes the Lead in Strengthening Regulation with Groundbreaking Cyprus License

26Jun

By No Comments

Crypto

Bybit Takes the Lead in Strengthening Regulation with Groundbreaking Cyprus License

Bybit Takes the Lead in Strengthening Regulation with Groundbreaking Cyprus License Bybit has just got the CySEC license, which will enable it to offer crypto custody services online. Key Points Bybit has been granted a license to provide cryptocurrency exchange and custody services. This license will enable Bybit to resume offering its services in Canada after having to leave due to strict regulations. Bybit has also been facing several regulatory challenges. Bybit, a crypto exchange, has been granted a fresh license by the Cyprus Securities and Exchange Commission (CySEC), enabling it to function as a cryptocurrency exchange and offer custody services. &...

Green Cryptocurrency and Energy Grid Optimization: Balancing Demand and Supply

24Jun

By Alonzo CollinsNo Comments

Crypto, Cryptocurrency

Green Cryptocurrency and Energy Grid Optimization: Balancing Demand and Supply

Introduction Welcome to this informative article on Green Cryptocurrency and Energy Grid Optimization: Balancing Demand and Supply. In today's world, the intersection of green technologies and cryptocurrencies is gaining significant attention. As we strive to build a sustainable future, it is crucial to explore innovative solutions that can optimize energy grids while promoting environmentally friendly practices. This article will delve into the concept of green cryptocurrency, its potential impact on energy grid optimization, and how we can strike a balance between demand and supply. So let's dive in and explore this exciting realm! What is Green Cryptocurrency? Green cryptocurrency refers to digital currencies that operate on energy-efficient and environmentally friendly block...

How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges?

23Jun

By No Comments

Crypto

How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges?

How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges? Glassnode’s data reveals that a majority of the profits sent to exchanges, specifically 82%, come from short-term Bitcoin holders. Highlighting Points Short-term Bitcoin holders contribute 82% of the total profits sent to exchanges, according to Glassnode’s data. Long-term holders only account for 17.5% of the total realized profit, significantly lower than short-term holders. The surge in Bitcoin prices has prompted investors to send $62.8 million in profits to exchanges. Bitcoin prices have been on the rise, pushing past the $30,000 mark and bringing relief to investors who had been waiting...

How a Russian Citizen Allegedly Funded Ukrainian Forces in the Shadows?

22Jun

By No Comments

Crypto

How a Russian Citizen Allegedly Funded Ukrainian Forces in the Shadows?

How a Russian Citizen Allegedly Funded Ukrainian Forces in the Shadows? Russian citizen found guilty and arrested for providing financial assistance to the Ukraine military force. Highlighting Points Russia citizens arrested for transferring crypto funds to the Ukraine military force. All the crypto funds that he transferred were his own personal funds. Millions of dollars in cryptocurrencies like bitcoin are being directed towards the Ukrainian army through donations. A resident of Russia’s Far Eastern Khabarovsk Region has been detained by the Federal Security Service on suspicion of funding Ukrainian forces through cryptocurrency transfers. The news was r...

Overcoming Currency Conversion Issues with Cryptocurrency in Cross-Border Payments

22Jun

By Alonzo CollinsNo Comments

Crypto

Overcoming Currency Conversion Issues with Cryptocurrency in Cross-Border Payments

Introduction Cross-border payments often involve complex currency conversion processes, which can lead to inefficiencies, delays, and additional costs. However, with the emergence of cryptocurrencies, there is a promising solution to overcome these currency conversion issues. In this article, we will explore how cryptocurrencies are revolutionizing cross-border payments by providing a seamless and cost-effective alternative for currency conversion. Understanding Currency Conversion in Cross-Border Payments Currency conversion is the process of exchanging one currency for another to facilitate international transactions. In cross-border payments, this conversion occurs when funds need to be transferred from one country to another, requiring the sender's currency to be converted into the ...

How to Earn Extra Income at Home with Cloud Mining

20Jun

By Alphonso Bernier1678 Comments

Crypto

How to Earn Extra Income at Home with Cloud Mining

Crypto cloud mining has now become an essential part of the cryptocurrency ecosystem. It allows anyone with an internet connection and a small investment to participate in the mining process and earn passive income in return. While there are a number of cloud mining platforms in existence today, the majority of them suffer from one issue or another. One platform that aims to change the way people access cloud mining, regardless of technical expertise or expensive hardware is Fancy Crypto. Introducing Fancy Crypto – The World Leading Hash rate Provider As a pioneering cloud mining company, Fancy Crypto has already carved out a reputation as being a trustworthy hash rate provider for over 360,000 users all over the world. It wants to provide access to large-scale industrial data centre...

Securing Cryptocurrency Wallets: Best Practices and Strategies

13May

By Alonzo CollinsNo Comments

Crypto, Cryptocurrency

Securing Cryptocurrency Wallets: Best Practices and Strategies

Securing your cryptocurrency wallets is of utmost importance to protect your valuable digital assets from unauthorized access and theft. In this comprehensive guide, we will explore various best practices and strategies for enhancing wallet security, ensuring the safety of your cryptocurrencies. Types of Cryptocurrency Wallets Understanding the different types of wallets is the first step in securing your cryptocurrencies. Explore the following wallet types, their features, and the pros and cons associated with each: Hardware Wallets: Overview of physical devices designed for offline storage of private keys Advantages of hardware wallets in terms of security Popular hardware wallet options and their key features Software Wallets: Overview of soft...