Articles by Palak Malhotra
Top Articles from Palak
Altcoin News
Altcoin News

Ethereum L2 TVL crosses $3 billion, Here’s What Fueling the Rise

The latest update in the ETH L2 network saw the total lock-up volume of the Layer2 cross $3 billion, according to the L2BEAT data recorded on September 13. Furthermore, the largest number of lock-up lays with the Arbitrum protocol, which has locked approximately $2.2 billion, accounting for 73.75% of the TVL. Arbitrum L2 TVL Just

The latest update in the ETH L2 network saw the total lock-up volume of the Layer2 cross $3 billion, according to the L2BEAT data recorded on September 13. Furthermore, the largest number of lock-up lays with the Arbitrum protocol, which has locked approximately $2.2 billion, accounting for 73.75% of the TVL. Arbitrum L2 TVL Just

News
News

Moody’s Report: Cross-Border CBDC transactions may affect banks’ commission

Moody’s Investors Service latest report warned financial institutions that the widespread adoption of CBDCs may cause credit-negative for banks in lieu of lowered fees and commissions. Furthermore, banks with active foreign currency payments, clearing, and remittance services will bore the burn of losses according to Moody’s credit outlook report. This month, the Bank of International

Moody’s Investors Service latest report warned financial institutions that the widespread adoption of CBDCs may cause credit-negative for banks in lieu of lowered fees and commissions. Furthermore, banks with active foreign currency payments, clearing, and remittance services will bore the burn of losses according to Moody’s credit outlook report. This month, the Bank of International

Bitcoin News
Bitcoin News

This Country Opens Crypto Buying Option via Post Offices

According to CoinDesk’s recent report, the U.K. Post Office will allow crypto purchases via the identity verification service, EasyID from next week. EasyID users can buy crypto vouchers from the decentralized exchange (DEX) Swarm Markets. The vouchers can further get reclaimed in exchange for Bitcoin or Ether on the Swarm Markets’ platform. EasyID was initially

According to CoinDesk’s recent report, the U.K. Post Office will allow crypto purchases via the identity verification service, EasyID from next week. EasyID users can buy crypto vouchers from the decentralized exchange (DEX) Swarm Markets. The vouchers can further get reclaimed in exchange for Bitcoin or Ether on the Swarm Markets’ platform. EasyID was initially

El Salavador
Bitcoin News
El Salavador
Bitcoin News

BTC Legal Tender: El Salvador Banking Giant now supports Bitcoin payments

Bancoagrícola, the largest financial institution in El Salvador announced that it has enabled bitcoin payments for consumers. The bank in collaboration with the New York-based leading payment network, Flexa will facilitate BTC payments through a mobile app. Bancoagrícola is currently accepting bitcoin (BTC) to pay for loans, credit cards, and merchant goods and services, in

Bancoagrícola, the largest financial institution in El Salvador announced that it has enabled bitcoin payments for consumers. The bank in collaboration with the New York-based leading payment network, Flexa will facilitate BTC payments through a mobile app. Bancoagrícola is currently accepting bitcoin (BTC) to pay for loans, credit cards, and merchant goods and services, in

SEC vs. Ripple Lawsuit
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SEC vs. Ripple Lawsuit
News

XRP Lawsuit: SEC files further response to its letter motion compelling Ripple to produce internal recordings

The latest development in the ongoing XRP lawsuit saw the SEC file further responses to its letter motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. In the response letter, SEC noted, now that the plaintiff’s motion has been declared moot, the commission will not engage and thereafter shall not correct “various inaccuracies” in Ripple’s

The latest development in the ongoing XRP lawsuit saw the SEC file further responses to its letter motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. In the response letter, SEC noted, now that the plaintiff’s motion has been declared moot, the commission will not engage and thereafter shall not correct “various inaccuracies” in Ripple’s

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

CEO of World’s Largest Asset Manager Says Bitcoin Would Go Up Significantly

Blackrock CEO, Rick Rieder stated in his recent interview with SquawkBox that the reason he owns Bitcoin is because of his belief that volatile assets possess a positive convexity. Furthermore, he predicted against the current fall in BTC prices as a temporary short, and that he expects the prices to hike significantly in foreseeable future.

Blackrock CEO, Rick Rieder stated in his recent interview with SquawkBox that the reason he owns Bitcoin is because of his belief that volatile assets possess a positive convexity. Furthermore, he predicted against the current fall in BTC prices as a temporary short, and that he expects the prices to hike significantly in foreseeable future.

NFT
News
NFT
News

Oscar Winner, Anthony Hopkins’ upcoming movie to premiere on NFT Platform

Oscar awarded Best Actor, Anthony Hopkin broke the internet with the announcement of his next film, Zero Contact release via the new non-fungible token (NFT) distribution and viewing platform, Vuele. Zero Contact will be premiered on Vuele through multiple NFT drops, starting 24th September. Anthony Hopkins’ next film, following his Oscar win of last spring,

Oscar awarded Best Actor, Anthony Hopkin broke the internet with the announcement of his next film, Zero Contact release via the new non-fungible token (NFT) distribution and viewing platform, Vuele. Zero Contact will be premiered on Vuele through multiple NFT drops, starting 24th September. Anthony Hopkins’ next film, following his Oscar win of last spring,

SEC vs. Ripple Lawsuit
Altcoin News
SEC vs. Ripple Lawsuit
Altcoin News

XRP Lawsuit: SEC officially admit it’s failure to inform XRP is security

The latest update in the XRP lawsuit could be grounds for the final verdict. Ripple’s first request for admissions (No.99) to the SEC, which was attached to the recent court filing unveiled the most crucial information for the lawsuit, to date. The document confirms that the SEC never informed any third parties that XRP was

The latest update in the XRP lawsuit could be grounds for the final verdict. Ripple’s first request for admissions (No.99) to the SEC, which was attached to the recent court filing unveiled the most crucial information for the lawsuit, to date. The document confirms that the SEC never informed any third parties that XRP was

LaLiga League
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LaLiga League
News

Sports NFT news: Spain’s LaLiga Football League joins the NFT sphere with digital cards

One of Spanish soccer’s top leagues, LaLiga has announced the launch of Non-Fungible Tokens (NFTs) of all its individual players. These NFTs will be launched in form of digital cards that can be further traded and used to play with other members’ tokens. “We are always looking for innovative ways to offer our fans new

One of Spanish soccer’s top leagues, LaLiga has announced the launch of Non-Fungible Tokens (NFTs) of all its individual players. These NFTs will be launched in form of digital cards that can be further traded and used to play with other members’ tokens. “We are always looking for innovative ways to offer our fans new

Altcoin News
Altcoin News

Russian Government plans to deem crypto mining as an entrepreneurial activity

The Chairman of Russia’s Duma Financial Market Committee, Anatoly Aksakov announced that the government plans to deem the pursuit of digital currency under the entrepreneurial activities category. On the side-lines of the Moscow Financial Forum, Aksakov highlighted upcoming changes in virtual currency regulations including issues related to mining, and the emission caused by the business

The Chairman of Russia’s Duma Financial Market Committee, Anatoly Aksakov announced that the government plans to deem the pursuit of digital currency under the entrepreneurial activities category. On the side-lines of the Moscow Financial Forum, Aksakov highlighted upcoming changes in virtual currency regulations including issues related to mining, and the emission caused by the business

News
News

Chinese Online Delivery Giant Meituan to Begin Digital Yuan Trials With Free Airdrop

Today onwards, Meituan will start airdropping Digital Yuan “red packets” worth 10 yuan ($1.55), to promote low-carbon travel. According to the Chinese financial news site, cnstock.com, starting today, till December 31, the Meituan app users are eligible for receiving free airdrops. The Digital Yuan red packet can be acquired through a simple keyword search on

Today onwards, Meituan will start airdropping Digital Yuan “red packets” worth 10 yuan ($1.55), to promote low-carbon travel. According to the Chinese financial news site, cnstock.com, starting today, till December 31, the Meituan app users are eligible for receiving free airdrops. The Digital Yuan red packet can be acquired through a simple keyword search on

SEC crypto IEOs
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SEC crypto IEOs
News

XRP Lawsuit: SEC files Opposition to Letter Motion Compelling interrogatory responses

The ongoing XRP lawsuit’s latest update saw the plaintiff file an opposition to the defendant’s Motion to Compel interrogatory responses to identify SEC’s Howey Test application theory. The theory determined how the Howey test applies to all of the Defendants’ virtual transactions in XRP over the last 8 years. #XRPCommunity #SECGov v. #Ripple #XRP The

The ongoing XRP lawsuit’s latest update saw the plaintiff file an opposition to the defendant’s Motion to Compel interrogatory responses to identify SEC’s Howey Test application theory. The theory determined how the Howey test applies to all of the Defendants’ virtual transactions in XRP over the last 8 years. #XRPCommunity #SECGov v. #Ripple #XRP The

PolyNetwork
Bitcoin News
PolyNetwork
Bitcoin News

Bitcoin Scam: Hackers launch Ponzi BTC scheme through Russia’s Government website

The Russian Government’s website was recently hacked. The scammers launched a fake Bitcoin (BTC) scheme, followed by re-publication despite repetitive takedowns. According to the local Russian news outlet Izvestia, an unidentified group of hackers began promotions of the Free BTC Giveaway scheme on the Ryazan administration’s website. In the mentioned scheme, hackers had contested the

The Russian Government’s website was recently hacked. The scammers launched a fake Bitcoin (BTC) scheme, followed by re-publication despite repetitive takedowns. According to the local Russian news outlet Izvestia, an unidentified group of hackers began promotions of the Free BTC Giveaway scheme on the Ryazan administration’s website. In the mentioned scheme, hackers had contested the

Ethereum
Altcoin News
Ethereum
Altcoin News

Ethereum (ETH) Gas Fee Spikes to 4-Month High, Could NFT Minting be the cause?

Ethereum transaction fee experienced a 4-month high today, at 7,300 gwei median gas price. Chinese Journalist, Colin Wu reported on Twitter that the trending NFT project, the Sevens could be the potential cause of the hike instead of its exceptional minting stats. In just 24 hours’ span, the trading volume of The Sevens has soared

Ethereum transaction fee experienced a 4-month high today, at 7,300 gwei median gas price. Chinese Journalist, Colin Wu reported on Twitter that the trending NFT project, the Sevens could be the potential cause of the hike instead of its exceptional minting stats. In just 24 hours’ span, the trading volume of The Sevens has soared

SEC vs. Ripple Lawsuit
Altcoin News
SEC vs. Ripple Lawsuit
Altcoin News

XRP Lawsuit: Ripple responds to SEC’s Opposition against Motion to Compel pre-clearance XRP trading data

The latest update in the XRP lawsuit saw the defendants file a response, furthering their motion to compel discovery of pre-clearance XRP trading data of SEC employees. Ripple has filed an objection against SEC’s claims regarding the privacy act, the burden of production, and the irrelevance of data in the defendant’s letter motion to compel

The latest update in the XRP lawsuit saw the defendants file a response, furthering their motion to compel discovery of pre-clearance XRP trading data of SEC employees. Ripple has filed an objection against SEC’s claims regarding the privacy act, the burden of production, and the irrelevance of data in the defendant’s letter motion to compel

SEC
News
SEC
News

XRP Lawsuit: Ripple files response to SEC’s letter motion compelling audio-visual data discovery

The latest development in the ongoing XRP lawsuit saw the defendants file a response to SEC’s letter motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. However, Ripple revealed that the compelled data is already under-production, and marked SEC’s Motion to Compel as “Not Ripe for Judicial Determination”. #XRPCommunity #SECGov v. #Ripple #XRP Ripple has

The latest development in the ongoing XRP lawsuit saw the defendants file a response to SEC’s letter motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. However, Ripple revealed that the compelled data is already under-production, and marked SEC’s Motion to Compel as “Not Ripe for Judicial Determination”. #XRPCommunity #SECGov v. #Ripple #XRP Ripple has

News
News

Regulation Update: Thai SEC to annul Huobi’s license in the country

The Thailand Securities and Exchange Commission (SEC) has announced to propose to the Ministry of Finance, permanent revocation of Huobi’s business license in the nation. Additionally, the Thai SEC has instructed Huobi exchange to subsist the suspension of its services in the country. Huobi has three months to return or buy back customers’ assets. This

The Thailand Securities and Exchange Commission (SEC) has announced to propose to the Ministry of Finance, permanent revocation of Huobi’s business license in the nation. Additionally, the Thai SEC has instructed Huobi exchange to subsist the suspension of its services in the country. Huobi has three months to return or buy back customers’ assets. This

Binance
Blockchain News
Binance
Blockchain News

Binance Announces Fixed Crypto Investment Program With Visa & Mastercard

Binance announced the launch of its new feature of a fixed investment function. This investment program facilitates a systematic crypto investment service for retail traders, by allowing the purchase of a fixed amount of cryptocurrency within a set time interval. Binance users can pre-order cryptocurrency purchases through their respective VISA and MasterCard. However, the fixed

Binance announced the launch of its new feature of a fixed investment function. This investment program facilitates a systematic crypto investment service for retail traders, by allowing the purchase of a fixed amount of cryptocurrency within a set time interval. Binance users can pre-order cryptocurrency purchases through their respective VISA and MasterCard. However, the fixed