Despite increased political tensions surrounding the Russia-Ukraine crisis, crypto investment products recorded its fifth consecutive week of inflows, according to the latest report by institutional crypto fund manager CoinShares. The report, which analyzes weekly flows into digital asset funds, revealed Avalanche as the second biggest performer in the week ending February 21, with inflows totaling…
Last week, Ethereum investment products finally broke a nine-week long streak of outflows, while Bitcoin saw a fourth consecutive week of inflows, according to the latest report by institutional crypto fund manager CoinShares. The report, which analyzes weekly flows into digital asset funds, uncovered the persisting popularity of multi-asset (coin) investment products, which saw a…
For the fourth consecutive week, crypto investments products have recorded massive outflows, with the most recent totaling over $200 million in the past week. Bitcoin products top outflow list with $107 million According to a newly released report from CoinShares, Bitcoin-based investment products during the just concluded week were the highest as it saw a…
Crypto scammers have stepped up their acts in devising new means of defrauding their victims as new research has revealed that they now doctor YouTube videos of influential people in the crypto industry to promote fake crypto giveaways. Crypto scammers got $9 million through doctoring YouTube videos According to the research conducted by Tenable, crypto…
If everything goes as planned, we can expect to see Wrapped XRP (wXRP) on Ethereum blockchain before the end of the year, according to an announcement made by Wrapped.com, a cross-chain wrapped assets service provider. XRP to be on Ethereum blockchain by December The announcement revealed that the Wrapped XRP (wXRP) would be backed 1:1…
As digital payments transactions rapidly continue to grow in the Middle East and North Africa (MENA) region, Ripple partners up with an international blockchain-based financial services company Pyypl in a bid to bring instant, low-cost remittances to the area. According to the official announcement, the United Arab Emirates (UAE) will be the first country in…
Set to explore current investor habits and the impact that 24/7 crypto trading can have on mental health, The Sleep Judge surveyed over 1,000 Americans and uncovered which cryptos are causing the most anxiety. According to the popular sleep-related products reviewer, the results uncovered how often Americans check their crypto investments and how crypto trading…
One of the world’s largest money transfer services, MoneyGram International, recently announced stepping into a partnership with Stellar Development Foundation, a non-profit organization that supports the development of the Stellar (XLM) blockchain. The cross-border payments giant will integrate with the Stellar network to facilitate cash funding and payout in multiple fiat currencies, using USD Coin…
US District Judge Analisa Torres ruled on Monday that a group of individuals who own XRP can offer their “meaningful perspective” in the US Securities and Exchange Commission’s (SEC) case against Ripple, despite denying their motion to intervene as defendants. The US regulator filed a lawsuit against the blockchain company in December last year, alleging…
Ripple has recently announced the launching of a $250 million ‘Creator Fund’ aimed at exploring new use cases for non-fungible tokens (NFTs) on the XRP Ledger (XRPL). The hefty fund will provide financial, technical, and creative support for creators, brands, and marketplaces, as the company teamed up with NFT marketplaces Mintable and mintNFT, and brand…