The XRP price has dipped by 0.5% in the past 24 hours, as cryptocurrency and financial markets continue to be undermined by rising bond yields and wider economic instability.XRP remains up by 2% in the past week, however, as well as by 4% in the last 30 days, following this…

South Korean debt collectors are now seizing crypto in insolvency cases – and may soon be granted even more power to confiscate coins.Per Hanguk Kyungjae, the Korea Deposit Insurance Corporation (KDIC), a firm that operates under the Financial Services Commission (FSC), has begun “seizing cryptoassets for the first time” this…

China has taken another step forward in its digital yuan pilot – connecting its CBDC platform to Hong Kong’s Fast Payment System (FPS).The move will speed up cross-border digital yuan transactions and boost interoperability between the Mainland’s CBDC and international payment networks.The FPS is the brainchild of the Hong Kong…

Wall Street is notorious for playing its cards close to its chest, especially when there’s money to be made. One such example is when a few years ago, the rapid rise and subsequent adoption of electric vehicles caught many traditional investors off guard. While the public was enamored by the promise…

The Dogecoin community is funding the construction of a bronze statue in Japan depicting Kabosu – the Shiba Inu dog associated with the infamous Doge internet meme.Per a press release from The Dogecoin Foundation last year, Kabosu fans crowdfunding in early November 2022 to fund the statue’s construction, and had…

Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory.On Wednesday, October 4, a Rotterdam court has ruled that the Dutch Central Bank (DNB)…

Autumn is on its way, and for many coffee drinkers, ’tis the Pumpkin Spice Latte season. Starbucks’ popular beverage is turning 20, and to celebrate the occasion, the American coffee shop chain announced special non-fungible token (NFT) collectibles. Starbucks Odyssey, the coffee giant’s Web3 rewards and loyalty platform, will today release…

On Wednesday, October 4, Hong Kong Exchanges and Clearing Limited (HKEX) introduced an upgraded version of its Stock Connect program called “Synapse.”Synapse leverages smart contracts written in the DAML programming language to automate post-trade workflows and mitigate settlement risks, thereby enhancing operational efficiency in the equities settlement market.This new system…

South Australian police have apprehended a 25-year-old man from Adelaide Hills on charges of drug trafficking and money laundering, with approximately $1.5 million worth of crypto seized during the operation.The accused individual operated multiple vendor profiles on the dark web, selling various drugs, according to a Thursday report by the Australian Broadcasting Corporation.One of…

Hong Kong’s troubled crypto exchange JPEX has announced plans to move forward with its DAO Stakeholder Dividend Plan. This decision comes amid the ongoing investigation into the financial scandal worth over HK$1.5 billion ($191 million) and the arrest of multiple suspects associated with the platform.The unfolding scandal first came to light…