Day: January 2, 2023

Smart Link Solution Group and GVS Global Group cooperate to develop Web3 projects

Binary News Network

New York, United States, 2nd Jan 2023 – There are fresh opportunities for businesses and entrepreneurs with every modification to the internet. The Web3 stage of development offers a wide range of exciting potential future uses. The need for innovative and cutting-edge web3-based apps has increased dramatically with the rise in web3’s popularity around the world. Businesses and startups alike invest in the creation of full-fledged web3-based products and proofs-of-concept (POC). With the advancements in the crypto world, SLS – Smart Link Solution Group and GVS Global Group have decided…

US lawmakers could consider stock trading ban in next session of Congress

Turner Wright

Many United States lawmakers from both sides of the aisle have at one point expressed support for legislation banning members from investing in stocks or crypto — an initiative the 118th Congress could address following a shift in leadership. Beginning on Jan. 3 as the next session of the U.S. Congress opens, Republicans will take control of the House of Representatives with a slim majority following the 2022 Midterms, while Democrats will maintain a majority in the Senate. Kevin McCarthy, a Republican representative in contention to be the next Speaker…

Gemini Co-Founder Accuses DCG’s Silbert of ‘Bad Faith’ Stalling in $900M Locked Funds Dispute

Elizabeth Napolitano

Gemini Trust Co., which is co-owned by Winklevoss and his twin brother Tyler, paused redemptions on an interest-earning product called Earn in mid-November, a week after rival crypto exchange FTX filed for bankruptcy. The product offered investors opportunities to yield as much as 8% interest on their crypto by lending those digital tokens out to Genesis. Author: Elizabeth Napolitano Source link

XRP Price Suddenly Plummets By 12%

Jake Simmons

The XRP price has experienced a harsh downward movement in the early morning hours of the Asian market (9 am in Tokyo). Within 45 minutes, the price dropped from $0.3394 to $0.2998, meaning that XRP experienced a drop of a whopping 12%. Remarkably, this move did not happen in line with the broader market sentiment, as BTC and ETH recorded small gains in the meantime. It’s also worth noting that the sudden price drop seemingly happened without any real news related to Ripple, such as a new development in the…