Day: December 22, 2022

Ripple CEO Brad Garlinghouse Criticizes ‘Double Standard’ in Wells Fargo Fine Case Compared to FTX Crash

The CEO of Ripple recently suggested that Wells Fargo did not receive the ‘FTX treatment’ despite exploiting its customers.  Ripple CEO Brad Garlinghouse recently likened the recent Wells Fargo fund management fiasco to the collapse of FTX. However, Garlinghouse disapproved of what he perceived as a hypocritical reaction to Wells Fargo’s case. According to the Ripple CEO, the leading American bank’s $3.7 billion fine for mismanaging customers’ interests was on the same scale as FTX’s monumental fall. However, Garlinghouse says the outrage directed at Wells Fargo turned out to be barely noticeable compared to the sunken crypto…

Bitcoin Correction Soon? MVRV Triple Ribbon Approaches Bearish Cross

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On-chain data shows the Bitcoin MVRV Ratio Triple Ribbon is approaching a bearish cross, a sign that a correction could be coming soon for the crypto’s price. Bitcoin MVRV Ratio Triple Ribbon Is Close To Bearish Crossover As pointed out by an analyst in a CryptoQuant post, the MVRV ratio warns that a new round of decline may be coming for BTC. The “MVRV ratio” is an indicator that measures the ratio between the market cap of Bitcoin and its realized cap. The realized cap is a capitalization model for…

The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors

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Vote on who you think should make it

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The 2023 edition of Cointelegraph’s Top 100 Most Influential in Crypto list will bring the most prominent, influential and artistic individuals, concepts and characters who shaped the crypto and blockchain industry in 2022 and are likely to make a further impact in the space in 2023.  With everything happening within the crypto space, it’s very difficult to create a list that will be accepted universally. Because of this, the criteria for the Cointelegraph Top 100 remains simple: those who had the biggest impact in 2022 and could potentially continue shaping…

Immunefi says it has facilitated $66M in bug bounties since inception

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According to a new report released on Dec. 21, blockchain security firm Immunefi has processed more than $65.9 million in crypto bounties paid to ethical hackers over 1,248 reports since its inception on Dec. 9, 2020. Web3 projects list bounty programs on ImmuneFi to encourage white hat hackers to report vulnerabilities and claim monetary rewards, which the company then facilitates. The payouts appear to be concentrated in nature, with bounty programs operated by Wormhole, Aurora, Polygon, Optimism and an undisclosed firm accounting for $30.2 million worth of rewards in the…

Argentine football league scores metaverse partnership after World Cup triumph

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Argentina’s World Cup triumph in Qatar is already bearing fruit for its national football association through a new metaverse partnership. The country’s professional football league will make the first foray into Upland’s metaverse through an official licensing agreement between the Argentine Football Association (AFA) and the Silicon Valley-based firm. The deal will see the AFA take the Liga Profesional de Fútbol (LPF) into Upland’s metaverse platform, powering fan engagement between Argentine football fans, teams and players.  Gamified opportunities are touted to include a variety of Argentine football digital collectibles, including…

40% of survey respondents plan to buy crypto in 2023

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Despite the gloom of the ongoing cryptocurrency winter, coupled with the failures of crypto giants like FTX, the community appears to remain bullish on crypto, according to a new survey. Crypto markets saw a massive sell-off in 2022, with the total market capitalization plummeting nearly 70% since Bitcoin (BTC) reached its all-time high at $69,000 in November 2021. But this didn’t prevent investors from buying more cryptocurrency, with 41% of respondents telling Blockchain.com in an online survey that they purchased crypto in 2022. The study, titled “Crypto Confidence: A Survey…

Tron Shows Bullish Energy And Attracts Investors To Buy TRX

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TRON has been on an uptrend and looking bullish for the past 12 hours. The technical indicators all imply an increased demand on the asset and a steady streak.  Here’s a quick glance of how the crypto has been performing of late: TRX price up by 0.20% as of this writing Technical indicators show increased TRX demand TRON second in line in terms of TVL Tron Price Retraces By Half According to CoinMarketCap, TRX price has spiked by 0.20% or is trading at .05529 as of this writing. TRON has…