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

Ripple XRP

300 million XRP was recently transferred from a Binance wallet, Whale Alert reported

1 year ago 1 min read

Whale Alert reported that 300 million XRP was recently transferred from a Binance wallet. The transaction is worth $115,976,350 in fiat. This is not the first XRP withdrawal from Binance today – several hours before that, 37,371,039 XRP were also sent from the exchange to a “unknown” wallet. The mass withdrawal from Binance comes after the US prosecutor’s office announced that it is considering pressing charges against the exchange for money laundering and violating sanctions. CZ of Binance commented on the situation, stating that it is just FUD that has been following Binance since its ICO in 2017. Data from

Ripple XRP lawsuit vs SEC

Crypto legal expert predicts Ripple will emerge victorious in dispute with SEC over XRP

1 year ago 1 min read

The crypto legal specialist believes that Ripple will emerge victorious from its battle with the Securities and Exchange Commission, claiming a total victory in the XRP lawsuit. This dispute began in late 2020, when the U.S. regulator accused Ripple of selling XRP as an unregistered security. Jeremy Hogan, an attorney with 157,000 YouTube subscribers, believes that Ripple will emerge triumphant at summary judgment. He states that XRP was not traded as a security and supplies two reasons for this. The crypto legal expert states that Ripple had no legal responsibility to XRP purchasers once the sale was finished. Hogan references

Bank of England CBDC

The Bank of England is accepting applications for a ‘proof of concept’ CBDC wallet

1 year ago 1 min read

The Bank of England has announced that they are now accepting applications for a “proof of concept” Central Bank Digital Currency (CBDC) wallet. This wallet is expected to be able to perform fundamental functions such as transacting value and requesting payments, with a budget of approximately $255,000 allocated to the project. The proof-of-concept wallet was set out with the expectation that it would provide basic features such as signup, details updating, balance and transaction viewing, notifications, CBDC loading and unloading, peer-to-peer payments via account ID or QR code, and the capability to make online payments to businesses. The goal of

US SEC

The US SEC issues a sample letter to companies involved in the crypto asset markets

1 year ago 0 mins read

The Securities and Exchange Commission (SEC) has issued a sample letter to companies involved in the crypto asset markets, urging them to consider the risks associated with these markets. The letter emphasizes that firms should not only be aware of the unique risks associated with virtual assets, but also take steps to ensure compliance with applicable laws and regulations. Additionally, the letter reminds companies of their fiduciary duties to investors, including their obligation to ensure the safety and soundness of their operations. Finally, the SEC urges companies to contact the Commission if they have questions or need assistance.

Coinbase exchange USDC

Coinbase urges its customers to switch from Tether’s USDT to USDC, expressing its disapproval of the former

1 year ago 1 min read

Amid increasing concerns about the credibility of Tether’s USDT, Coinbase has announced a campaign to encourage users to switch to its own stablecoin, USDC. By eliminating conversion costs, Coinbase hopes to emphasize the quality of the Circle-backed USD coin reserves. In a Friday blog post, the company stated, “Recent events have put some Stablecoins to the test, and we’ve seen a flight to safety. We believe USDC is a reliable and trustworthy Stablecoin, so we’re making it easier to switch.” Coinbase has highlighted the importance of trust and stability for its customers, noting that USDC is one of the most

Telegram blockchain accounts

Telegram accounts no longer require a SIM Card as the app now uses blockchain-based phone numbers

1 year ago 1 min read

On December 7, the Telegram team announced the launch of a new phase of privacy on their centralized instant messaging service app, Telegram. This update allows users to create accounts without sim cards, instead using blockchain-based anonymous numbers. With this new feature, users no longer have to provide their phone number when signing up. The announcement says, “Today starts a new era of privacy. You can have a Telegram account without a SIM card.” Importantly, the messaging platform has added a new feature to its privacy policy which will allow for users to further protect their personal phone numbers from

SBF

Former employees of the crypto exchange, FTX, have been contacted by the U.S. federal authorities

1 year ago 1 min read

Former employees of the crypto exchange, FTX, have been contacted by the U.S. federal authorities as part of an ongoing investigation into the company. Two former employees of FTX have reported that they were approached by federal authorities as part of what is likely a broader attempt to acquire knowledge about the defunct exchange and hedge fund. The contact is still in the process of requesting records or other information from the employees, rather than relying on court-issued subpoenas. The employees have not specified what information they are being asked to provide. All four of the Justice Department, the Securities

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