Ripple says approval allows licensed firms to incorporate XRP into their crypto asset services. CEO Brad Garlinghouse notes that Dubai continues to grow as a global leader in crypto regulation and innovation. Other cryptocurrencies allowed under the DFSA virtual asset regime are BTC, ETH and LTC. Ripple has announced that the Dubai Financial Services Authority (DFSA) has officially approved the XRP cryptocurrency token under the regulator’s virtual assets regime.  The approval allows licensed firms in the Dubai International Financial Centre…

Cosmos Hub announced on October 30 that proposal #835 seeking the transfer of 42.7 million tokens from Neutron DAO to Cosmos Hub community pool had passed. The proposal authorises the transfer of 42,727,950 NTRN in airdrop tokens not claimed. Cosmos (ATOM) has announced that the proposal to transfer more than 42.7 million tokens from an unclaimed airdrop of the CosmWasm platform Neutron (NTRN), has been approved. The governance proposal #835 sought to authorise the Neutron DAO to transfer the 42,727,950…

Polkadot’s price experiences an 8% increase. The surge is bolstered by the introduction of the Staking Dashboard 1.1. The upgrade allows users the ability to view the 14-day activity of validators on the Polkadot network. Polkadot (DOT) has once again made headlines with its impressive price movement in the crypto market. At the time of writing, each DOT is priced at $4.34, reflecting a 3.23% increase in the past 24 hours. This surge in DOT price is attributed to the…

Polkadot’s price experiences an 8% increase. The surge is bolstered by the introduction of the Staking Dashboard 1.1. The upgrade allows users the ability to view the 14-day activity of validators on the Polkadot network. Polkadot (DOT) has once again made headlines with its impressive price movement in the crypto market. At the time of writing, each DOT is priced at $4.34, reflecting a 3.23% increase in the past 24 hours. This surge in DOT price is attributed to the…

The HM Treasury today published a policy update to the country’s crypto regulation. In it, the UK government has outlined the FCA’s regime in stablecoin regulation. The Bank of England (BoE) and the Payment Systems Regulator (PSR) will also have a role. The UK government has published a policy update outlining a phased regulation of fiat-backed stablecoins in the country. In terms of regulating activities around stablecoins, the HM Treasury will focus on two areas – their use in payment…

Victoria, Seychelles, October 30th, 2023, Chainwire Bitget, a leading cryptocurrency derivatives and copy trading platform, is thrilled to announce to be one of the first centralized exchanges to list TIA, the native cryptocurrency of Celestia’s groundbreaking blockchain ecosystem. This strategic listing of Celestia’s token on Bitget opens up new avenues for users to explore the limitless potential of modular blockchains and experience the benefits of data availability and roll-up technology in a timely manner. TIA token, the lifeblood of Celestia’s…

Kasikorn Bank has acquired a 97% stake in Thailand-based cryptocurrency exchange Satang. The bank’s deal is reportedly worth 3.705 billion Thai baht ($102.8 million). Satang will rebrand to Orbix. Kasikorn Bank, Thailand’s second largest bank, has reportedly acquired a 97% stake in Satang crypto exchange. The deal was completed via Kasikorn Bank’s subsidiary Unita Capital and involved 3.705 billion Thai baht ($102.8 million) worth of shares in Satang’s parent company. Wu Blockchain highlighted the crypto news in a post on…

Cardano forms a bullish reversal pattern  The Federal Reserve might signal the end of the tightening cycle A move above $0.35 would trigger more strength The week ahead is important for the US dollar as the Federal Reserve of the United States announces its interest rate decision on Wednesday. The market unanimously expects the Fed to hold the funds rate at the same level as six weeks ago, the second pause in the current tightening cycle.    However the focus…

TLDR Coinbase’s Base Layer 2 network has gone open-source to promote transparency and community contributions. This move simplifies development tasks and fosters collaboration. Optimism (OP), an Ethereum Layer 2 network, is set for a significant token release on October 30, 2023, matching the value of a prior release. NuggetRush (NUGX) is a community-driven blockchain game offering P2E and NFT opportunities. It focuses on building a strong community and real-world value in underserved regions. Coinbase’s Base Layer 2 network recently open-sourced its…

FLR token gains 18.88% in a week, currently valued at $0.01077. Flare introduces public staking service, allowing FLR holders to participate in the ecosystem. Flare Network transition to proof-of-stake model. FLR, the native token of the Flare network, is making waves following the recent launch of a public staking service. FLR has seen a surge in both interest and value. Here’s a closer look at how this development has impacted the FLR token. FLR token price on the move Over…