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“I think part of what happened was that regulators wanted to send a very strong anti-crypto message,” said board member and former congressman Barney Frank.

Why regulators seized Signature Bank in third-biggest bank failure in U.S. history The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.

“2022 saw the collapse of several crypto projects. But Tether USDT is the project many expect to fail that remains standing. Traditional hedge funds believe it is a matter of time and is shorting the stablecoin issuer.”

The Big Short: Institutional Investors Are Betting Against Tether USDT Several hedge funds have been shorting Tether (USDT) stablecoin because of the multiple speculations about its financial health.

“Thailand FinTech giant and Ripple partner DeeMoney has entered a partnership with Visa to integrate Visa Direct with its international payments platform, per a report from Bangkok Post yesterday.

The partnership will allow users to carry out near-instant peer-to-peer cross-border payments to over 170 countries in 160 currencies using only the recipient’s Visa card details. Per the report, Visa says recipients will receive funds within 30 minutes of the transaction, unlike traditional cross-border payment methods that take days to reach the recipients.”

Ripple Partner Launches Near-Instant Cross-Border P2P Payments With Visa DeeMoney will offer Visa customers in Thailand near-instant cross-border payments. Thailand FinTech giant and Ripple partner DeeMoney has entered a partnership with Visa to integrate Visa Direct with its international payments platform, per a report from Bangkok Post yesterday. The partnership will....

“Using the PIPE Shell API, other blockchain networks can interact with the IOTA Tangle hub.

This can unlock major use cases and applications for businesses and organizations going ahead.”

IOTA: New upgrade allows to exchange data with Ethereum and Ripple with the tangle The broader IOTA ecosystem continues to see more developments and improvements over the course of time. Earlier this month,

“XUMM wallet will soon have a new xApp where users can buy and sell XRP in exchange for fiat from several providers at competitive rates.”

XUMM Wallet Launching “Buy & Sell XRP” xApp For Fiat Globally XUMM wallet will soon have a new xApp where users can buy and sell XRP in exchange for fiat from several providers at competitive rates.

“The beleaguered crypto exchange FTX suffered a $400 million hack over the weekend, and at least one blockchain expert says the clues are point to a high-level insider who committed an amateur misstep that might have inadvertently revealed their identity.”

FTX Hack or Inside Job? Blockchain Experts Examine Clues and a ‘Stupid Mistake’ Insolvent crypto exchange FTX suffered a $400 million exploit late Friday after filing for bankruptcy protection.

“The Ripple vs. SEC lawsuit is causing ripples in the crypto space, as more people believe the agency has nothing left to prove. With Coinbase and many other organizations now backing the company, the lawsuit is expected to be resolved as soon as possible.”

Breaking! SEC Governor Jumps in Support of Ripple, Will the Case Find a Closure Before its 2nd Anniversary? The Ripple vs. SEC lawsuit is causing ripples in the crypto space, as more people believe the agency has nothing left to prove. With Coinbase and many other org

“The team behind the largest euro-backed stablecoin is announcing integration with Ripple Lab’s XRP Ledger (XRPL).

In a new blog post, Stasis, the company behind STASIS EURO (EURS), says they have completed integrating EURS into the XRP Ledger.”

Ripple Helps Bring New Euro-Pegged Stablecoin to XRP Ledger - The Daily Hodl The team behind the largest euro-backed stablecoin is announcing integration with Ripple Lab's XRP Ledger (XRPL).

“The United States government is likely to back the dollar with bitcoin in order to protect its status as issuer of the global reserve currency.”

The U.S. Will Weaponize The Dollar By Backing It With Bitcoin The United States government is likely to back the dollar with bitcoin in order to protect its status as issuer of the global reserve currency.

“Binance, the world’s largest crypto exchange, confirmed its participation as an equity investor in Elon Musk’s $44 billion deal to purchase Twitter.”

Crypto Exchange Binance Confirms $500M Investment in Musk's Twitter Takeover - Decrypt With Musk taking over Twitter, Binance confirmed that it’s an equity investor in the billionaire’s $44 billion acquisition.

“The United States Securities and Exchange Commission, alias the SEC, has scheduled a meeting for Thursday, October 20, 2022. The issues to be discussed include ‘institution and settlement of injunctive actions, institution and settlement of administrative proceedings, resolution of litigation claims, and other matters relating to examinations and enforcement proceedings.”

Closed meeting SEC vs XRP - Will this be the settlement? Arguments about whether XRP is a security or not will be replicated on most of the altcoins. Furthermore, most crypto companies have a token that is the leading financial instrument.

“The new sidechain also comes with a cross-chain bridge built to transfer XRP and other assets between the EVM-supported sidechain and the XRP Ledger Devnet.

According to RippleX software engineer Mayukha Vadari, the release ‘means developers no longer have to choose between XRPL or EVM-compatible blockchains.’”

Ripple Inches Closer To Supplanting Ethereum With Latest Announcement • ProCoinNews Ripple has announced intentions to integrate Ethereum smart contracts onto the XRP ledger—a game changing development.

“Decentralized wireless provider Helium has struck a deal to mesh its burgeoning 5G network with T-Mobile’s cellular coverage.

The partnership is set to spawn what the companies have dubbed Helium Mobile, a subscription service starting at just $5 per month that runs Helium’s decentralized network alongside T-Mobile’s more established 5G grid.”

For $5 A Month, Crypto Now Has Your Cell Plan Covered Wireless company Helium has struck a deal to mesh its burgeoning 5G network with T-Mobile’s cellular coverage.

“Terra's UST stablecoin fell way off its peg, sparking an over 40% decline in LUNA -- is the party over?”

Is Terra (LUNA) on the Verge of Collapsing? | The Motley Fool Terra's UST stablecoin fell way off its peg, sparking an over 40% decline in LUNA -- is the party over?

“BTC is down 5.9% over the last 24 hours as of Friday morning. The stock is also down 36.2% over the last 52 weeks.”

Bitcoin Price Predictions: Where Will Market Mayhem Take the BTC Crypto Next? Bitcoin (BTC) price predictions are worth checking in on as traders' favorite crypto experiences a bit of a slump on Friday.

“Shiba Inu (SHIB-USD) continues to be one of the most interesting cryptocurrencies investors can follow. This dog-inspired token has consistently provided volatility only traders could like. However, looking at the token’s long-term chart, it’s clear that speculative surges have made the digital asset a favorite since its inception in 2020.”

Investors Bark for Shiba Inu as Devs Tease a Shibarium Launch Today, investors in ever-popular meme token Shiba Inu have yet another SHIB catalyst to consider. Rumors around Shibarium are running rampant.

“The company is now listed as a registered digital asset service provider by the French stock market watchdog AMF, enabling it to offer trading and custody services for bitcoin and other cryptocurrencies.”

France becomes first big European nation to grant crypto giant Binance regulatory approval Changpeng Zhao, Binance's CEO and founder, described France as "very progressive" in adopting crypto.

“But crypto analysts and traders aren’t expecting market-shaking moves to follow the Federal Reserve's policy-making meeting Wednesday, largely because the market has anticipated a rate hike of 50 basis points for a month.

Nonetheless, if Fed Chair Jerome Powell’s tone turns more hawkish or dovish than expected, there could be notable movement in crypto prices. A more aggressive stance could push crypto lower.”

Bitcoin, other crypto expected to consolidate more after Fed meeting Crypto insiders aren’t expecting market-shaking moves to follow the Fed meeting, largely because the market has anticipated a rate hike.

How Crypto is Contributing to Environmental sustainability in Africa Coming out of the COVID pandemic, sub-Saharan Africa is defying the odds with an explosive level of economic growth that has been unseen for decades. With

“The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking price, in what an agent says is the first such listing of its kind in the wealthy town.”

Greenwich estate owner will accept bitcoin or Ethereum cryptocurrency as payment for $6.5 million property The agent for the Greenwich property said it is the first time a Greenwich residence could be sold for cryptocurrency like bitcoin or Ethereum.

“The global crypto market has shown signs of improvement as the losses for various coins, including Bitcoin, have begun to lower. The change was unexpected because US inflation has continued unaffected while the crypto and stock markets have suffered. The changes for these markets were mostly negative because of their losses. Though the market is improving, experts predict that it will suffer further losses.”

Bitcoin, Ethereum, Shiba Inu, and Near Protocol Daily Price Analyses – 1 May Morning Price Prediction | Cryptopolitan The situation of the global crypto market remains uncertain as Bitcoin has seen rise in value but experts predict it to be short-lasting.