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Ripple recently announced a new partnership with South Korea’s Yonsei University as part of its University Blockchain Research Initiative (UBRI) program. This collaboration marks the 58th global partnership for Ripple, with a focus on blockchain research and technology. Yonsei University will specifically focus on areas like artificial intelligence, finance, information systems, and management, highlighting the
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The US Securities and Exchange Commission (SEC) recently charged and settled with hedge fund Galois Capital Management LLC over a private fund that primarily invested in cryptocurrency. The SEC alleges that Galois Capital failed to comply with client asset safeguarding requirements, particularly with crypto assets labeled as securities. As a result, Galois Capital agreed to
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Despite the completion of its Chang upgrade, Cardano has seen a decrease in price. The Chang hardfork brought significant changes to the Layer-1 blockchain, including on-chain voting, enhanced smart contract capabilities, and a new governance structure. ADA holders now have the ability to participate in governance issues directly or delegate their voting power to trusted
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Bitcoin’s recent dip below $56,000 has sparked concerns among investors, with Arthur Hayes predicting a potential further decline to $50,000. His bearish outlook extends to altcoins as well, warning of steeper losses in the broader crypto market. Hayes attributes these predictions to the Federal Reserve’s actions and dynamics in the US Treasury market, noting the
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Bitcoin’s price has been on a rollercoaster ride recently, with fluctuations that have left investors on edge. Just yesterday, Bitcoin was trading at $59,076 before dropping to as low as $57,127 during the early Asian trading session today. This downward trajectory has once again highlighted the challenges that lie ahead for the cryptocurrency. One of
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