Author: Lucas Peterson

  • Palau Archipelago Initiates Stablecoin Test on XRP Ledger!

    Palau Archipelago Initiates Stablecoin Test on XRP Ledger!

    In a pioneering move in the western Pacific, an island nation is embracing Ripple’s technology to digitize its currency system. Palau, the Republic situated in the Pacific, is venturing into the world of cryptocurrencies by building its own Stablecoin on the XRP Ledger.

  • The Keep Your Coins Act of 2023: Ensuring Unrestricted Use of Convertible Virtual Currency!

    The Keep Your Coins Act of 2023: Ensuring Unrestricted Use of Convertible Virtual Currency!

    In an era where digital currencies are gaining prominence, the United States takes a significant step forward with the “Keep Your Coins Act of 2023.” This bill, enacted by the Senate and House of Representatives, seeks to safeguard the rights of individuals when it comes to using convertible virtual currency…

  • Crypto.com Receives Approval in the Netherlands!

    Crypto.com Receives Approval in the Netherlands!

    Cryptocurrency exchange Crypto.com has received the green light from De Nederlandsche Bank (DNB) and is now legally allowed to offer and advertise its services in the Netherlands. Crypto.com becomes the latest crypto company to obtain approval from the Dutch central bank, allowing it to operate within the country.

  • Mark Zuckerberg’s Metaverse Faces $21.3 Billion Loss Since 2022!

    Mark Zuckerberg’s Metaverse Faces $21.3 Billion Loss Since 2022!

    Meta, the company led by Mark Zuckerberg, recently reported its Q2 earnings, revealing significant challenges for the company’s Metaverse venture. The Metaverse, operated under Reality Labs, has incurred losses exceeding $21.3 billion since 2022, with an operating loss of $3.7 billion in its most recent earnings report.

  • SEC Chair Gary Gensler Warns of Fraud Risks in the Crypto Sector!

    SEC Chair Gary Gensler Warns of Fraud Risks in the Crypto Sector!

    SEC Chair Gary Gensler continues to express concerns about the cryptocurrency sector, cautioning investors about potential fraud and the lack of regulatory oversight.

  • Journalist Denied Access to Crypto Documents by Swiss Federal Court!

    Journalist Denied Access to Crypto Documents by Swiss Federal Court!

    A journalist from Swiss Television sought access to documents related to the espionage scandal involving the Zug-based company Crypto. However, the Swiss Federal Court has ruled that these documents will remain classified, citing public interests that oppose their disclosure.

  • Missing Crypto Millionaire Found Dismembered in Suitcase: Police Launch Murder Investigation!

    Missing Crypto Millionaire Found Dismembered in Suitcase: Police Launch Murder Investigation!

    In a chilling and tragic turn of events, the missing crypto millionaire influencer, Fernando Perez Algaba, has been found dismembered in a suitcase in Argentina. The 41-year-old’s gruesome discovery has prompted a murder investigation by local authorities.

  • Ex-FTX CEO Sam Bankman-Fried Won’t Face Federal Charges Over $90M Donations to Dems and Woke Causes!

    Ex-FTX CEO Sam Bankman-Fried Won’t Face Federal Charges Over $90M Donations to Dems and Woke Causes!

    Former cryptocurrency tycoon, Sam Bankman-Fried, will not be facing federal charges related to campaign finance donations, according to recent announcements by federal prosecutors. The decision to drop the charge is based on treaty obligations with the Bahamas, where Bankman-Fried was arrested in December following the collapse of his multi-billion dollar…

  • Prosecutors Seek to Reincarcerate Sam Bankman-Fried for Witness Tampering!

    Prosecutors Seek to Reincarcerate Sam Bankman-Fried for Witness Tampering!

    US federal prosecutors are seeking to return fallen crypto star and former CEO of FTX crypto exchange, Sam Bankman-Fried, to prison. According to preliminary hearings, the Justice Department aims to prevent Bankman-Fried, also known as SBF, from further leaking sensitive material to the press and influencing witnesses.

  • Coinbase CEO Urges US Citizens to Support Crucial Crypto Legislation for Economic Growth!

    Coinbase CEO Urges US Citizens to Support Crucial Crypto Legislation for Economic Growth!

    Coinbase CEO, Brian Armstrong, is actively encouraging US citizens to take a stand and support the Financial Innovation and Technology for the 21 Century Act (FIT21), a groundbreaking legislative proposal that could bring much-needed regulatory clarity to the crypto industry. The vote on FIT21 and the Blockchain Regulatory Certainty Act…