• Cryptocurrency

    What Happened In Crypto Yesterday?

    TL;DR Crypto market saw an uptick of 2.89% bringing the total market cap to $3.87 trillion.  SharpLink Gaming bolstered its treasury with 10,975 ETH ($42.79M), bringing its total to 532,194 ETH. SEC and Ripple have jointly dropped their years-long appeal with the U.S. Court of Appeals for the Second Circuit. ETH Headed To $4k? On August 7, SharpLink Gaming raised $200M to expand its ETH treasury, purchasing 10,975 ETH ($42.79M). Similarly, FG Nexus announced a $5B fundraising plan to build ETH reserves, echoing strategies from BitMine and MicroStrategy’s Bitcoin acquisitions. Ethereum had been underperforming for the past few months but…

  • Altcoins

    XRP Institutional Custody Goes Live in South Korea

    XRP has officially gained institutional custody support in South Korea, as local crypto custodian BDACS rolled out regulated storage services following its February partnership with Ripple. The new offering gives institutions secure access to one of the world’s most actively traded digital assets through Ripple Custody, the company’s enterprise-grade custody solution. The announcement was made on BDACS’s official X account on Tuesday, confirming that institutions can now safely store and manage XRP using Ripple Custody, Ripple’s enterprise-level custody solution. “We’re excited to offer XRP custody to our institutional clients. XRP is one of Korea’s most popular digital assets, and this…