Nynu V Jamal

Kerala

Contributor at Coin Edition

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Articles

Binance Executive Leaves Company After 8-Month Detention in Nigeria

2 days ago | coingape.com | Nynu V Jamal

Highlights Binance executive Tigran Gambaryan says good buy to the exchange. After spending eight months in Nigerian detention, Gambaryan's four-year tenure at Binance has come to an end. He praises Changpeng Zhao's commitment to building a stronger compliance framework. Binance executive Tigran Gambaryan is leaving the exchange after eight months of detention in Nigeria on money laundering allegations.
Just In: ARK Invest Purchases $373M Circle Shares on IPO Day

2 days ago | coingape.com | Nynu V Jamal

Highlights Ark Invest buys 4.5 million shares of Circle, worth a $373.4 million. The massive investment comes on Circle's IPO on the NYSE. The Circle stock rose 200%, reaching a peak of over $96, on its first trading day. Cathie Wood’s ARK Invest has poured $373.4 million into Circle during the stablecoin issuer’s debut on the New York Stock Exchange.
Metaplanet Goes All In On Bitcoin, Plans to Raise $5.4B to Buy Bitcoin

2 days ago | coingape.com | Nynu V Jamal

Highlights Metaplanet to raise $5.4 billion to accumulate Bitcoin. The firm sets target at 210,000 BTC by 2027. The bold BTC strategy sets precedent in the crypto market. Japanese investment firm Metaplanet has announced a whopping $5.4 billion equity financing plan to add more Bitcoin to its reserve. As part of the scheme, the firm plans to issue 5.55 billion new shares through floating strike price warrants, taking advantage of its stock’s volatility and market demand.
Uber Is Looking Into Stablecoins to Speed Up Global Transfers, Says CEO

2 days ago | coingape.com | Nynu V Jamal

Highlights Uber explores the potential of stablecoins for faster global transfers. The CEO prefers stablecoins over Bitcoin. Companies embrace stablecoins despite the lack of clear regulations. As stablecoins gain increasing traction, global mobility platform Uber is exploring their potential to facilitate faster and cheaper cross-border transactions.
Wrapped XRP Now Live on Coinbase's L2 Base Network

3 days ago | coingape.com | Nynu V Jamal

Highlights Wrapped versions of XRP and Dogecoin now go live on Coinbase's Base network. cbXRP and cbDOGE will have a 1:1 backing by XRP and DOGE held in Coinbase’s custody. The exchange is now working to introduce cbLTC and cbADA. Coinbase has introduced wrapped versions of XRP and Dogecoin (DOGE) on its layer-2 network, Base. With the introduction of cbXRP and cbDOGE, Coinbase is unlocking more use cases for the much-popular cryptocurrencies.
"That Was A Joke" Ripple CTO Shuts Down Circle Acquisition Rumors

3 days ago | coingape.com | Nynu V Jamal

Highlights Ripple executives put an end to the rumors surrounding the $5 billion Circle acquisition deal. Brad Garlinghouse says that Ripple has never thought of buying Circle. David Schwartz states that his previous remarks on the matter was just a joke. Ripple key executives have denied rumors of the potential acquisition of the USDT issuer Circle. Ripple CEO Brad Garlinghouse and CTO David Schwartz have set the record straight, putting an end to speculation.
Lawyer Predicts Turning Point in Ripple Case Within 12 Day

3 days ago | coingape.com | Nynu V Jamal

Highlights Ripple vs SEC case may see a major update within 12 days. The SEC is expected to report to the Appeals Court before June 16. Lawyers divide over the speculations of an imminent XRP lawsuit settlement. The XRP lawsuit is again in the headlines, with a key deadline for the SEC to report to the Appeal Court mere days away. With the SEC’s 60-day deadline expiring on June 16, it has become a crucial date in the Ripple case.
XRP Ledger (XRPL) Is More Than Just XRP: David Schwartz

4 days ago | coingape.com | Nynu V Jamal

Highlights David Schwarts emphasizes the multiple capabilities of the XRP Ledger. He highlights XRP's pivotal role in the XRPL. Schwartz believes that the combination of XRPL, XRP & RLUSD makes a financial system. David Schwartz, Ripple’s Chief Technology Officer, underscores the vast potential of the XRP Ledger (XRPL), forecasting a future where the platform supports a wide range of assets and applications.
Webus Files with SEC for XRP Treasury Management Agreement

4 days ago | coingape.com | Nynu V Jamal

Highlights Webus International Limited files a Form 6-K with the US SEC. The move comes as part of Webus' collaboration with Samara Alpha Management LLC for $300M XRP management. The partnership aims to establish a strategic framework for potential future digital asset treasury operations.
"No crypto involved, right?" Binance's CZ Comments On A High Profile Corruption Case In India

5 days ago | coingape.com | Nynu V Jamal

Highlights The CBI seizes traditional assets from an IRS officer, who was alleged of bribery. CZ joked that having $100 in Bitcoin would have been enough to turn the case into a crypto scandal. His comment highlights India's skeptic stance on cryptocurrencies. In a bold remark, Binance founder Changpeng Zhao (CZ) took a dig at Indian crypto regulation. He was replying to a post on X which shared a recent high-profile bribery case involving a senior IRS officer.