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Jeet Adhvaryu3505 posts 0 comments

Altcoin News

Litecoin Surges to Monthly High, Passing Both Bitcoin and Ether

Jeet Adhvaryu May 18, 2023 0
The value of Litecoin, which is sometimes called "silver to bitcoin's gold," has increased by double digits during the previous week.Despite a general market slump, the Bitcoin fork Litecoin (LTC) is having a moment, with a 15% gain in…
Crypto News

Two Ex-Workers of Citadel Securities Who Left to Start Their Own Crypto Company Are Being Sued by…

Jeet Adhvaryu May 18, 2023 0
After leaving to start their own bitcoin market-making business, Citadel Securities is now suing two of its former workers.According to Bloomberg News, one of the world's leading market makers says that former Citadel employees Leonard…
Altcoin News

Twitter Post from Ripple CEO Imputes ‘Hypocrisy’ Upon US Governmental Authority

Jeet Adhvaryu May 17, 2023 0
In a series of Twitter posts, Brad Garlinghouse, CEO of Ripple, slammed the US Securities and Exchange Commission for its "hypocrisy" in public pronouncements regarding the cryptocurrency business.On Tuesday, Garlinghouse tweeted an…
Crypto News

Cross-chain transfers via a wormhole-based protocol are on the horizon

Jeet Adhvaryu May 17, 2023 0
Plans to use Zero-Knowledge (ZK) proofs for securing cross-chain transfers and interface with Wormhole are in the works.Light client solutions for Near and Wormhole networks are being developed to computationally enable ZK Proofs.…
Crypto News

EU Member States Approve MiCA’s Crypto Regulation Framework

Jeet Adhvaryu May 17, 2023 0
All European Union member states approved markets in Crypto-Assets (MiCA) legislation on May 16. It is the first complete set of regulations to govern crypto assets.Firms that want to produce, trade, and secure crypto assets, tokenized…
Exchange News

Celsius transfers $780 million worth of stETH, while Lido Finance permits withdrawals

Jeet Adhvaryu May 16, 2023 0
The defunct cryptocurrency loan company Celsius moved about $428k in staked Ether (stETH), which is now worth $780m.On Monday, a staked ether (stETH) token with a market value of nearly $780 million was transferred from the bankrupt…
Crypto News

The SEC has said that Coinbase’s request for clarification on cryptocurrency rules…

Jeet Adhvaryu May 16, 2023 0
The Securities and Exchange Commission has urged courts to reject a plea from Coinbase for more defined guidelines on how to regulate cryptocurrencies.U.S. Securities and Exchange Commission (SEC) vs. cryptocurrency exchange Coinbase.…
Altcoin News

Lido Finance votes to enable Ethereum withdrawals with v2 upgrade

Jeet Adhvaryu May 16, 2023 0
When it comes to Ethereum staking protocols, Lido Finance is by far the most popular, and it just got an update to version 2.With the release of version 2, Lido Finance, Ethereum's most popular liquid staking technology, now allows…
Crypto News

Lawmaker in South Korea quits party over cryptocurrency investment scandal

Jeet Adhvaryu May 15, 2023 0
It has been reported that a politician in the nation sold more than $4 million worth of cryptocurrencies just before the "Travel Rule" was implemented by the Financial Action Task Force.Kim Nam-kuk, a politician in South Korea, has…
Altcoin News

The Chief Legal Officer of Ripple Responds to the SEC’s Claim That XRP Is a Security

Jeet Adhvaryu May 15, 2023 0
Ripple's chief legal officer Stuart Alderoty disagrees with the SEC's classification of XRP as a security.According to Alderoty, the Supreme Court of the United States decided against the SEC in a case from 1946.Ripple has opposed…
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