Author: James Wilson

Ripple was awarded financial licenses in New York and Texas, allowing the firm to extend its payment services to more U.S. users. Blockchain payment giant Ripple (XRP) reportedly obtained Money Transmitter Licenses in New York and Texas as firms prepared for a crypto-friendly regulatory regime under President Donald Trump. The news, first reported by The Block, stated that Ripple noted growing interest from banks and other institutions for approved real-time payment options. MTL licenses from New York and Texas regulators will permit compliant access to Ripple Payments infrastructure for U.S. customers, expanding the company’s services to a broader user base.…

On Jan. 28, KuCoin pleaded guilty to a United States judge for failing to implement proper anti-money laundering protocols and will now have to pay $297 million in fines.  The China-based cryptocurrency exchange KuCoin violated U.S. regulations on money laundering and know-your-customer procedures and admitted guilt to one charge of “running an unlicensed money transmitting business.” As per the official statement from the U.S. Attorney’s Office, the entity operating as KuCoin, PEKEN GLOBAL LIMITED, will be required to withdraw from the U.S. market for at least two years and pay a fine of $297 million.  Danielle Sassoon, the U.S. Attorney…

Pepe, the third-largest meme coin by market cap, dropped to its lowest level since November 13 as whales sold off their holdings, pushing exchange balances higher. Pepe (PEPE) dropped to a low of $0.00001210, down by over 54% from its highest level in December.  Data from Nansen shows that the amount of Pepe coins on exchanges increased, indicating continued selling pressure from investors. Tokens on exchanges rose by 1.31% to 240.28 trillion, up from 237.18 trillion a week earlier. The total supply on exchanges climbed by 0.74% to 57.12%. Further data reveals that Pepe whales have been offloading their holdings.…

Alchemy Pay announced its successful registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre as of Jan. 27. This regulatory approval enables Alchemy Pay (ACH) to provide secure and seamless fiat-to-crypto payment services within the Australian market. With this registration, Alchemy Pay is now authorized to establish local payment facilitator relationships in Australia, enhancing crypto exchange services with competitive pricing tailored for Australian users. This milestone strengthens Alchemy Pay’s regional presence, positioning it alongside other prominent industry players operating under similar regulatory frameworks. Alchemy Pay’s AUSTRAC registration brings several benefits to its operations in…

TON plans to launch a layer-2 payment network as part of The Open Network’s 2025 roadmap. According to an update shared by the TON Core, the layer-2 Payment Network envisioned in the original TON whitepaper is among the key targets for the first half of 2025.  The project’s objectives include the Accelerator mainnet upgrade, which will introduce changes such as shardchain tracking optimization and the separation of validator functions. This separation will split validation into two roles: collator and validator. The collator will collect transactions and generate block candidates, while the validator will validate the blocks. Sidechain research, support for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana holders are shifting to new viral crypto Remittix following SOL’s recent decline. With the bull market gaining momentum, investors are positioning themselves with forward-thinking crypto projects for big gains. Solana (SOL) has been one of the most popular crypto assets over the course of this cycle. However, its recent all-time high (ATH) and immediate decline have raised concerns. Many investors with Solana and other cryptos are diversifying into newer cryptos, with Remittix (RTX) gaining significant attention. Remittix has…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As ADA, XRP, and TRX correct after rallies, Rollblock rises, with analysts predicting an 880% presale gain driven by its revenue-sharing and deflationary model. Cardano, XRP, and Tron returned big-time yields in their recent upswings but have been correcting lately as whales take profit. Let’s discover why Rollblock (RBLK) is quickly emerging as the new crypto gem that analysts believe will blow expectations out of the water with a massive 880% presale gain. Rollblock might register another 510% increase…

PayPal USD stablecoin expands to the Cardano ecosystem via a new cross-chain bridge by Wanchain. PayPal USD (PYUSD), a stablecoin issued on Solana and Ethereum chains, can now be accessible on Cardano (ADA) through Wanchain’s interoperability solution, according to a press release Wanchain shared with crypto.news. Wanchain chief executive Temujin Louie says the bridge will give users “more options, increased flexibility and control” while transferring assets across different chains. Cardano’s decentralized finance ecosystem with nearly $447 million in total value locked per data from DefiLlama, will open doors for “greater synergy between networks, fueling innovation and adoption, and ultimately driving…

Igloo Inc., the company behind Pudgy Penguins, has officially launched Abstract Chain. Abstract is an Ethereum (ETH) layer-2 blockchain built to simplify access to Web3 applications. The platform uses ZKsync’s ZK Stack technology, enabling faster transactions and lower fees while maintaining scalability and security, according to a release shared with crypto.news. Through its flagship platform, The Portal, users can access over 100 apps and projects by simply signing up with an email address. Web2 simplicity with Web3 potential Abstract Chain aims to remove the technical barriers that often deter everyday users from engaging with blockchain technology. The platform combines Web2…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s rally has spotlighted XYZVerse, a sports-driven meme coin targeting massive returns, with speculation about its potential 30,000% growth captivating investors. Bitcoin’s recent surge has directed attention to XYZVerse, a digital currency with enormous growth potential. With whispers of possible returns as high as 30,000%, investors are curious about what XYZVerse might offer. Is this the next big opportunity in cryptocurrency? Discover the factors driving this speculation and what it could mean for those involved. XYZ: The first all-sports…