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    Actor Ben McKenzie says crypto is like a ‘Ponzi scheme’

    Actor Ben McKenzie says crypto is like a ‘Ponzi scheme’

    McKenzie says cryptocurrencies resemble an MLM scheme. He calls for the need to better regulate and license this market. Bitcoin is currently up a whopping 80% versus the start of 2023. An 80% year-to-date rally in Bitcoin is not enough to substantiate the legitimacy...
    Shinhan Bank tests stablecoin remittances on the Hedera

    Shinhan Bank tests stablecoin remittances on the Hedera

    Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD). Shinhan Bank and...
    Ripple invests in $54M series A round for Futureverse

    Ripple invests in $54M series A round for Futureverse

    Ripple invested in the $54 million series A round for Futureverse.  10T Holdings led the funding round, which Futureverse says will go into scaling AI and metaverse technologies. Ripple has integrated Futureverse blockchain The Root Network and will see use of XRP as...
    1inch price outlook as altcoins give up XRP-fueled gains

    1inch price outlook as altcoins give up XRP-fueled gains

    1inch price is down 16% at the time of writing after paring all 24-hour gains from above $0.59. The 1INCH token saw massive 24-hour trading volume on Korean exchange Upbit. On the technical side, 1INCH is poised above a key support area around $0.34. The price of...
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