[ad_1] The need for blockchain technology in the service industry Blockchain technology has the potential to completely transform the services sector by improving efficiency, security and transparency. Blockchain technology reduces the risk of fraud and errors in industries, including supply chain management, healthcare, and media and entertainment, by ensuring tamper-proof record-keeping through decentralized ledgers. Blockchain-based smart contracts, or self-executing contracts, automate work and lessen the need for intermediaries to manage legal and
[ad_1] The price of Solana (SOL) has soared 40% this week to establish a new 2023 high at around $58. That is Solana's best weekly performance since January 2023. Many factors have contributed to the gains, including a general cryptocurrency market uptrend led by Bitcoin ETF euphoria and growing appetite for risk overall.Solana (SOL) weekly price chart. Source: TradingViewFTX-dump fears fails to shake Solana bullsSolana's rise coincides with the daily selling of 250,000-750,000
[ad_1] The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India.According to a report, the bench headed by the Chief Justice of India (CJI), after listening to the plea, remarked that the petitioner’s demands are more legislative in nature. Given the petition’s character, the bench, including Justice JD Pardiwala and Manoj Misra, dismissed
[ad_1] Attorney John Deaton, representing XRP holders, has made a persuasive case in the Ripple vs. SEC legal saga, suggesting that the anticipated $770 million disgorgement for Ripple is improbable. He grounds his prediction on various influential factors that could sway the court’s judgment.Deaton underscores the significance of the Supreme Court’s Morrison ruling, which effectively limits the SEC’s jurisdiction to sales within the United States. This gains relevance as Ripple’s
[ad_1] With the Bitcoin halving just months away, MicroStrategy co-founder and Bitcoin bull Michael Saylor thinks that demand for BTC could grow by as much as 10X by the end of 2024. During a speech at the 2023 Australia Crypto Convention on Nov. 10, Saylor was asked to give his outlook for Bitcoin and its ecosystem over the next four to five years.In response, Saylor initially gave a rundown on
[ad_1] BlackRock has argued that the U.S. Securities and Exchange Commission has no legitimate reason to treat spot-crypto and futures exchange-traded fund applications differently. BlackRock’s plan for a spot-Ether (ETH) ETF called the “iShares Ethereum Trust” was officially confirmed on Nov. 9, after Nasdaq submitted the 19b-4 application form to the SEC on the firm’s behalf. In its application, BlackRock called the SEC’s treatment of spot crypto ETFs into question,
[ad_1] Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with information on the alleged use of cryptocurrency in money laundering. The letter discussed the Tron blockchain and stablecoin issuer Circle in particular.In the letter signed by CfA executive director Michelle Kuppersmith, it is alleged that USD Coin (USDC) issuer Circle has extensive ties to
