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Sequans Communications Invests in Bitcoin Treasury Initiative

5 days ago | coingape.com | Nynu V Jamal

Highlights Sequans Communications signals its new financial policy, investing $384 million in BTC. The company enters the Bitcoin treasury season with the staggering investment. Adam Back says that the BTC trend has become the new altcoin season for crypto speculators. The Bitcoin treasury season continues to sweep across industries, with more companies betting big on the pioneer cryptocurrency.
RLUSD Replaces XRP, BitGo CEO Warns Ripple

5 days ago | coingape.com | Nynu V Jamal

Highlights BitGo CEO Belshe criticises Ripple's XRP, saying that it failed to become a go-to bridge currency. According to Belshe, Ripple launched the RLUSD stablecoin to replace XRP. Stablecoins dominate cross-border payments, says Belshe. Ripple’s decade-old dream of making XRP a go-to bridge currency has faced criticism from BitGo CEO Mike Belshe. According to Belshe, Ripple’s RLUSD launch is a sign of XRP’s failure.
Cointelegraph and CoinMarketCap Hacked; Changpeng Zhao Issues Warning

6 days ago | coingape.com | Nynu V Jamal

Highlights CoinMarketCap and Cointelegraph have been hit by high-profile crypto hacks. Changpeng Zhao issues a warning against increasing crypto hacks. A fake pop-up notification on Cointelegraph deceived users with a giveaway scam. The crypto industry is on high alert after two major websites, CoinMarketCap and Cointelegraph, fell victim to hackers.
Will XRP Lawsuit Settlement Delay Until 2026? Lawyer Weighs In

6 days ago | coingape.com | Nynu V Jamal

Highlights Rumors emerge that the XRP lawsuit settlement could be delayed until 2026. Bill Morgan dismisses this outcome as unlikely. Some community members believe that the case is already settled. The XRP lawsuit is rumored to possibly drag on until 2026, sparking debate among crypto enthusiasts. Despite these rumors, XRP lawyer Bill Morgan believes a delay in the Ripple vs SEC case is unlikely.
UK Lags in Crypto Regulation Behind EU and US, Experts Warn

1 week ago | coingape.com | Nynu V Jamal

Highlights The UK fails to keep pace with global crypto regulatory standards. The US and the EU have already taken signicant strides in crypto regulation. Experts claims that "policy procrastination” is the main cause of UK's fall. The United Kingdom’s delayed response to crypto regulation has sparked fears that it is losing ground to the EU and the US. The country’s pioneering edge in DLT finance has been eroded by this regulatory ambiguity.
Lawyer Denies Rumors About US Seizing XRP Escrow for Reserve

1 week ago | coingape.com | Nynu V Jamal

Highlights Rumors circulate about the US seizing XRP escrow for the national reserve. Bill Morgan denies speculation, saying, 'No it won’t.' Speculations are arising regarding the Fed's use of XRP for payments. Speculation is mounting about the US government’s possible incorporation of XRP tokens into its national financial reserves, as well as the potential seizure of Ripple’s XRP escrow.
CoinMarketCap Hack Fixed; Scammers Targeted Users With Fake Wallet Verification

1 week ago | coingape.com | Nynu V Jamal

Highlights CoinMarketCap has been hit by a security breach, with a malicious pop-up message tricking users. The platform swiftly identified the issue and removed the code. MetaMask and Phantom warned users against the Coinmarketcap hack. CoinMarketCap users were recently targeted by scammers who exploited a vulnerability on the popular crypto price-tracking website.
Crypto Market Crashes As Israel-Iran Conflict Persists

1 week ago | coingape.com | Boluwatife Adeyemi

Highlights The crypto market is down, led by Bitcoin which has has dropped to as low as $102,000 today. Millions of dollars in long positions have been liquidated in the last 24 hours. This comes as Isreal and Iran continue to trade strikes with the US weighing whether to join Isreal. The crypto market is again in the red and has suffered a significant crash today. This comes as the Israel-Iran conflict escalates, with both countries firing more missiles.
Parataxis Holdings to Launch South Korea’s First Bitcoin Treasury Company

1 week ago | coingape.com | Boluwatife Adeyemi

Highlights Parataxis Holdings will acquire a controlling interest in Bridge Bio and then create a Bitcoin Treasury reserve through the firm. Parataxis will invest $18.5 million in the Biotech firm. The Biotech firm will become South Korea's first Bitcoin Treasury company The company plans to emulate companies like Strategy and Metaplanet. Parataxis Holdings has revealed its plan to launch South Korea’s first Bitcoin Treasury company.
Just In: Coinbase Secures Coveted MiCA License, COIN Stock Rallies

1 week ago | coingape.com | Boluwatife Adeyemi

Highlights Coinbase secured a MiCA license from the CSSF in Luxembourg. The crypto exchange can now provide its services to all the 27 European Union member states. The COIN stock has broken above $300 amid this announcement. Coinbase has recorded another milestone after obtaining the much-coveted Markets in Crypto-Assets (MiCA) license to operate in the European Union (EU). The COIN stock has surged over 3% following this development.