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Ripple scores against SEC, blockchain adoption in China and South Korea, more ETH staked| Weekly recap

This week, a judge adjudicating the ongoing Securities and Exchange Commission (SEC) versus Ripple, the blockchain company, issued a landmark ruling. At the same time, Ripple announced crucial strategic expansions. Also, the number of staked ethereum (ETH) rose to record highs. Meanwhile, crypto adoption rate remained considerably high despite ongoing regulatory considerations. The crypto scene […]
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Upland believes community cohesion drives blockchain adoption

It is no secret that a solid foundation of a robust, interactive community is essential for any blockchain initiative to thrive. In the world of blockchain tech, project communities are not just spectators; they serve as active participants, contributing significantly to a project’s evolution, visibility, and overall user engagement.  The core of community success lies in its […]
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Terra founder gets bail, institutional adoption surges, regulatory efforts endure

The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption of cryptocurrencies saw a marked uptick, with more mainstream companies setting up measures to embrace […]
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Bitcoin breaks $30,000 as ethereum hits $2k after Shanghai, global crypto adoption rising

This week was mostly bullish for crypto assets, particularly considering the stellar performance of top virtual currencies. The successful implementation of the Shanghai upgrade on Ethereum saw ETH, the native currency of the smart contracting network, push above $2,000 for the first time in 2023. Meanwhile, bitcoin (BTC) broke above $30,000 as bulls extended gains. […]
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Zambia leads Africa in crypto adoption

Zambia is at the forefront of the pack thanks to its plans to complete tests on cryptocurrency legislation by the end of June.  Felix Mutati, the minister of science and technology, indicated that the government aims to balance advancing technology and protecting its residents. The minister also stated that the testing findings would be used to draft […]
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