Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

The first quarter of 2023 has seen a number of high-profile crypto hacks

Top Crypto Hacks in the First Quarter of 2023

11 months ago 2 mins read

The first quarter of 2023 has seen a number of high-profile crypto hacks, with hackers making off with millions of dollars worth of digital assets. Here are some of the biggest hacks that have taken place so far this year: These are just a few of the many high-profile crypto hacks that have taken place in the first quarter of 2023. These hacks highlight the need for increased security measures in the crypto industry. Users should be careful about which exchanges and wallets they use, and they should always store their private keys in a secure location. In addition to

Internal emails from the U.S. SEC suggest that the regulator knew that XRP did not fully meet the definition of a security

Internal Emails from the U.S. SEC Could Be Ripple’s Key to Winning the Lawsuit

11 months ago 2 mins read

Internal emails from the U.S. Securities and Exchange Commission (SEC) suggest that the regulator knew that XRP did not fully meet the definition of security. The emails, which were filed by Ripple in court, argue that there are reasonable grounds not to consider XRP as a security because it does not satisfy the Howey test. The Howey test is a legal framework used to determine whether an investment is a security. To meet the Howey test, an investment must meet the following criteria: XRP does not meet the Howey test because it is not an investment of money. XRP is

Lawyers for FTX have filed a lawsuit against Sam Bankman-Fried

FTX Lawyers Sue Bankman-Fried Over ‘Worthless’ Fintech Acqusition

12 months ago 1 min read

Lawyers for FTX have filed a lawsuit against Sam Bankman-Fried, alleging that he used fraudulent funds to acquire a fintech company called Embed. The lawsuit seeks to recover $250 million that FTX paid for Embed. The lawsuit alleges that Bankman-Fried and Alameda Research, his investment firm, knew that Embed was insolvent when they acquired it. The lawsuit also alleges that Bankman-Fried and Alameda used fraudulent funds from FTX customers to finance the acquisition. The lawsuit is a major blow to Bankman-Fried and Alameda Research. It is also a major setback for the crypto industry, as it raises questions about the

Axie Infinity (AXS) has pumped 13% after the game was listed on the Apple App Store

Axie Infinity (AXS) Price Soars 13% After Listing on Apple App Store

12 months ago 1 min read

The price of Axie Infinity (AXS) has pumped 13% after the game was listed on the Apple App Store. The listing is a major milestone for Axie Infinity, as it makes the game more accessible to a wider audience. Axie Infinity is a blockchain-based game that allows players to earn cryptocurrency by battling, breeding, and trading digital pets called Axies. The game has become very popular in recent months, and its popularity has helped to drive the price of AXS up. The listing on the Apple App Store is likely to further increase the popularity of Axie Infinity. This could

The European Union has approved the Markets in Crypto Assets (MiCA) regulation

EU Approves MiCA Crypto Regulation, Setting Global Standard

12 months ago 1 min read

The European Union has approved the Markets in Crypto Assets (MiCA) regulation, setting a global standard for the regulation of cryptocurrencies. MiCA is a comprehensive piece of legislation that will regulate the issuance, trading, and custody of cryptocurrencies. It will also create a framework for the supervision of crypto-asset service providers. The approval of MiCA is a major step forward for the regulation of cryptocurrencies. It will help to protect investors, promote innovation, and ensure the stability of the financial system. MiCA will come into force in 2024. It will apply to all crypto-asset service providers operating in the EU,

Pepe Coin leads the meme coin surge with 33% price increase – Will AiDoge.com and $SPONGE follow suit?

Pepe Coin sees a 33% price increase – Will AiDoge. com and $SPONGE be the next meme coins to surge?

12 months ago 2 mins read

Pepe Coin has increased by 33% over the weekend to reach $0.000001644. This increase was part of a broader trend that saw other meme coins like $SPONGE and AiDoge.com experience gains. Despite a slight decline over the past few days due to market fluctuations, Pepe Coin is still up 2,777% for early investors. Meme coins can be more erratic than Bitcoin due to speculative price action. While technical analysis is important for Bitcoin, momentum, and sentiment can be more relevant for meme coins. Pepe Coin has achieved a market cap of $1 billion, a remarkable achievement for a coin that

China continues to forge ahead with its digital yuan adoption plans, with the latest move seeing the CBDC being integrated into the education and public transport sectors. The province of Jiangsu has revealed that it is set to launch a platform that will enable its citizens to pay education and exam fees using the digital yuan before the end of the year. Additionally, the province's Department of Education will allow scholarship grants to be paid out in the CBDC. Jiangsu has plans to "comprehensively promote" digital yuan pilot work in the education field and aims to have each provincial-level school promoting at least one digital yuan application project by the end of 2025. Meanwhile, in Guangdong Province, the city of Jiangmen has announced that digital yuan payments will be accepted on its entire bus network. State-owned operator Jiangmen Bus said that all of its public buses, school buses, and park transport systems would allow CBDC payments. The city has updated its buses with new software that allows card readers to scan QR codes from digital yuan wallets. These latest developments come after a digital yuan partnership was announced earlier this month between BNP Paribas China and the state-owned Bank of China. The deal will enable BNP Paribas China's corporate clients to pay in digital yuan via a CBDC management platform.

Chinese Province Introduces Plan to Adopt Digital Yuan

12 months ago 1 min read

Chinese provinces are taking further steps towards digital yuan adoption as the central bank digital currency (CBDC) continues to be used in education and public transport. Jiangsu, a coastal province, has announced plans to launch a platform for citizens to pay education and exam fees using the digital yuan. It will also enable scholarship grants to be paid out in CBDC, and all provincial-level schools will be required to promote at least one digital yuan application project. Jiangmen, a city in Guangdong Province, has announced that digital yuan payments will now be accepted on all its public buses. The update

Voyager Digital Forced to Cease Operations Due to Failed FTX and Binance.US Acquisitions

Voyager Digital to Close its Doors After FTX and Binance.US Acquisitions Fail

12 months ago 2 mins read

Crypto lender Voyager Digital has announced its decision to self-liquidate its assets and close its operations after acquisition deals with FTX and Binance.US fell apart. Voyager customers will receive a recovery rate of 36% of their cryptocurrency holdings, much lower than the expected rate of 72-73% if the acquisition deals had gone through. The rate may increase if Alameda Research is unsuccessful in its bid to recover $446 million from Voyager’s estate. Voyager’s lawyers are withholding further funds, including $259.6 million for litigation costs, administrative claims, and other holdbacks. Voyager customers who have any of the 67 supported tokens on

The Financial Conduct Authority (FCA) has ramped up its efforts to crack down on unregistered crypto ATMs in the UK.

UK FCA Takes Action Against Unregistered Crypto ATMs

12 months ago 1 min read

The Financial Conduct Authority (FCA) has ramped up its efforts to crack down on unregistered crypto ATMs in the UK. The financial regulator recently announced that it worked with local authorities to conduct raids on suspected unlicensed crypto ATMs in Exeter, Nottingham, and Sheffield. This enforcement action follows similar operations in East London and near Leeds in February and March, respectively. The FCA claims that it has issued warnings or cease-and-desist letters to suspected crypto ATM operators in these areas. In a statement, Therese Chambers, Executive Director of Enforcement and Market Oversight of FCA warned that “Crypto ATMs operating without

Kenya proposes taxing cryptocurrency, NFTs, and online influencer transactions

Kenya to impose taxes on crypto, NFTs, and social media influencers

12 months ago 1 min read

Kenya is considering a new bill that proposes a 3% tax on cryptocurrency and nonfungible token (NFT) transfers and a 15% tax on digital content monetization. Introduced on May 4, the Finance Bill 2023 aims to collect income from the transfer or exchange of digital assets, and its language specifically includes NFTs. Crypto exchanges or those initiating crypto or NFT transfers will have to deduct 3% of the transfer value to pay to the government. The bill also levies a 15% tax on digital content monetization including sponsorships, merchandise sales, and paid subscriptions. The bill will undergo five rounds of

Nigeria government has approved a national blockchain policy

Nigeria Takes a Step Towards a Blockchain-Powered Economy with New National Policy

12 months ago 1 min read

Nigeria has approved a national blockchain policy in its bid to shift towards a digital economy. The policy was developed by the Federal Ministry of Communications and Digital Economy, with the aim to create a blockchain-based economy that facilitates secure transactions, data sharing, and value exchange among individuals, businesses, and the government. The policy document has not been made public yet, but the government has directed regulators like the Central Bank of Nigeria and the Securities and Exchange Commission (SEC) to develop regulatory frameworks for the deployment of blockchain technology across various sectors of the economy. The government did not

The lawsuit filed by The Moskowitz Law Firm alleged that Nash and nine other influencers promoted FTX

FTX lawsuit against crypto influencer served via Twitter

12 months ago 1 min read

Influencer Tom Nash has been served a class-action lawsuit through a tweet after a US court allowed the action since lawyers claimed they could not serve him through other means. The lawsuit filed by The Moskowitz Law Firm alleged that Nash and nine other influencers promoted FTX, which later went bankrupt, without disclosing their compensation. According to a May 2 order from a Florida District Court Judge, Nash was served the notice through Twitter since he is believed to reside in Georgia, and previous emails sent by the law firm did not bounce back. The legal notice URL was shared

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