CRYPTO ASSETS

Industry watchers and commentators, however, think that it is just "buying the dip," or the market "overreacting" and pointed out that the news is positive for the applications.

Cryptocurrencies are reportedly being used as incentives, particularly by the Donetsk People's Republic, an unrecognized republic supported by Russia in the occupied parts of eastern Ukraine's Donetsk Oblast.

FTX was once one of the most trusted brands in the cryptocurrency industry, with its co-founder Bankman-Fried even earning the moniker the "golden boy" of crypto. But all the popularity and glory immediately disappeared when FTX filed for bankruptcy last November and skeletons in its closet came out in the open.

The new version of the decentralized social media app no longer features the "zaps" feature, which Apple considers equivalent to selling digital content.

Kusama teased that "wen is so last year" and the "real question" right now is "where," suggesting Shiba Inu is going somewhere.

"He [Friedberg] not only settled the complaints for inflated amounts, in some instances he arranged for the FTX Group to retain the whistleblowers' attorneys post-settlement, thereby buying or otherwise ensuring their silence," the complaint read.

The XRP community and the broader cryptocurrency industry eagerly await the court ruling in the ongoing legal battle between blockchain firm Ripple Labs and the U.S. Securities and Exchange Commission (SEC) despite that many rumored dates in the past turned out to be wrong.

The crypto accounts are believed to be used to finance Islamic Revolutionary Guard Corps' Quds Force and the terror group Hezbollah.

At the current rate of Bitcoin, Microstrategy is sitting on an unrealized profit of approximately $120,209,016.96.

BlockFi creditors have moved to liquidate the defunct crypto lender following an investigative report that they said detailed CEO Zack Prince's perpetration of "a fraud on customers." BlockFi is just one of dozens of companies dragged into the collapse of crypto exchange FTX.

The report, if accurate, is bullish for the cryptocurrency industry, which, over the past weeks, has experienced market turmoil following the regulatory enforcements executed by the US financial watchdog, SEC.

Shiba Inu has come a long way since it was created by its pseudonymous creator Ryoshi in August 2020.

It is worth noting that the buyback rumor started to surface online recently, with the most recent claim being that Ripple Labs was planning to buyback approximately 10 billion XRPs.

"Super Mario 3: Mario Forever" is not a Nintendo game but it is a popular, long-running fan game that basks in the popularity of the "Mario" franchise.

Gemini was one of the many crypto businesses that were significantly impacted by the turmoil that rocked the industry following the collapse of FTX.

Swiss authorities reportedly froze the funds at the request of the U.S. Securities and Exchange Commission (SEC) and the New York Federal Prosecutor's Office.

The U.S. Department of Justice hoped the latest verdict would serve as a warning to malicious actors and the broader cybercrime community.

Brazilian President Luiz Inácio Lula da Silva revealed the nation's plan to raise the issue of de-dollarization at the next meeting of BRICS.

But while many anticipated that the major development may have triggered a price surge on XRP, there was no significant impact on its value.

The resurgence of the crypto market this week is reportedly due to "exposure from many new entrants pouring into the crypto space like it's 2021 all over again," a blockchain analytics firm claimed.

MicroStrategy has always been bullish toward Bitcoin, especially its co-founder and current executive chairman Michael Saylor who is not only a Bitcoin maximalist but also a BTC evangelist.

"Creating this collection and reflecting back on my career highlights has been very rewarding, and I can't wait to see the response to the collection and have the chance to train with a lucky few," said the superstar soccer player.

FTX has been trying to recover funds Sam Bankman-Fried and other ex-FTX executives donated, and this time, it wants to get back $700 million from a former Hilary Clinton aide and his investment firm.

Lawsuits by the SEC against Binance and Coinbase have birthed speculations within the crypto community

Kusama also teased another major initiative launching either "alongside" or "right before" the official rollout of the layer-2 scalability solution.

Ripple is very pleased with the in-principle approval it obtained from Singapore's central bank and financial regulator for its digital payment token offerings. The news comes as Ripple fights back against the U.S. SEC in a lawsuit that charges the crypto firm of selling unregistered securities.

Powell's latest remarks on the stablecoin draft bill underline his position on the crypto asset class, which runs in contrast to that of SEC chair Gary Gensler.

While the SEC has rejected proposals in the past, with BlackRock leading the charge, industry watchers are optimistic the financial watchdog might change its mind this time.

EDX Markets' launch earned a wide range of reactions from the crypto community on Twitter and impacted the value of Bitcoin, the largest crypto asset by market capitalization