growth has been faltering, with the exception of gaming. Getty Images Web3 investment has been steadily falling since late 2021 as investors take a step back from the mercurial cryptocurrency ecosystem. In the third quarter of this year, investment in Web3 startups fell for the seventh straight quarter, data from Crunchbase show. The decline was … Read more
Bitcoin recorded a loss of 0.53 percent on Friday, October 6, to trade at the price point of $27,553 (roughly Rs. 22.9 lakhs). Over the last day, the value of BTC has recorded a deduction of $127 (roughly Rs. 10,566). This drop in BTC price, as well as a visible slowdown in trading crypto activities, … Read more
Ripple CTO, David Schwartz, has explicitly said that crypto like XRP could challenge the US dollar (USD) and become the world’s reserve currency. His thesis is that nations outside the US will grow tired of relying on a foreign currency and opt for alternatives such as digital assets. RIpple is expanding more and more into … Read more
IDuring an interview on 28 July 2023, Ripple’s Vice President of Central Bank Engagements and CBDCs, James Wallis, shared some interesting insights about the company’s ongoing discussions with central banks and the impact of the SEC case on these talks. Wallis told CoinDesk TV that the SEC case had “almost no impact” on Ripple’s ongoing … Read more