XRP has been on a monumental rally over the past few weeks, surging over 40% since mid-October. The price boom comes as Ripple has notched major adoption and legal victories, renewing confidence in the payments-focused cryptocurrency. Keypoints XRP’s market capitalization increased by over $2 billion to $37.44 billion on November 8 following news of Ripple’s payment network expansion. Ripple is partnering with fintech Onfariq to open new payment routes between Africa, the UK, Australia, and Gulf countries. This will enable faster and cheaper remittances. The partnership highlights Ripple’s growth and…
Read MoreDay: 9 November 2023
Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack
Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”
Read MoreExclusive: 2 years after John McAfee’s death, widow Janice is broke and needs answers
Two years after John McAfee’s death, widow Janice tells Magazine she’s penniless and can’t move on until his autopsy records are released.
Read MoreThe Israel-Gaza war makes CGMD miners a good choice for cloud mining platforms
With the war drums beating between Israel and Gaza and the din of global tensions involving Russia, China and the United States, the narrative of cryptocurrencies as a safe-haven asset has taken on greater resonance. Veteran hedge fund manager Paul Tudor Jones expressed his support for Bitcoin in a recent interview. He reflects on today’s volatile geopolitical landscape. Additionally, Jones paints a grim picture that places China, Russia, and North Korea at the helm of “sociopaths.” Therefore, there is an increased urgency to seek financial refuge. “I like gold and…
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