Author: Chris Smith
EU Implements Limits on Non-EU Crypto Firms
Reading Time: < 1 minuteThe European Securities and Markets Authority (ESMA) has proposed that cryptocurrency companies operating outside of the EU should only be allowed to provide services to customers within the bloc in limited circumstances to avoid unfair competition.
Mining Hardware Firm Canaan Raises $50M
Reading Time: < 1 minuteCanaan, a mining hardware company, successfully raised $50 million through the sale of convertible preferred shares.
Stellar to Delay its Protocol Update Due to a Bug
Reading Time: < 1 minuteThe Stellar Development Foundation (SDF) has announced plans to delay the scheduled network update vote.
Traders Are Massively Sending Ether to Crypto Exchanges Anticipating a Sale
Reading Time: < 1 minuteThe balance of ETH on exchanges has begun to increase.
Binance Will Stop Ruble Transactions by End of the Month
Reading Time: < 1 minuteIn December, Binance announced that it will stop processing Russian ruble transactions by the end of January, in compliance with Western sanctions policies.
SEC Postpones its Decision on BlackRock’s Spot Ethereum ETF
Reading Time: < 1 minuteThe SEC’s delayed decision on BlackRock’s Ether ETF application comes at the same time as the approval of 11 Bitcoin exchange-traded funds (ETFs).
Polymer Labs Attracts $23M
Reading Time: < 1 minutePolymer Labs, a startup specializing in L2 solutions and interoperability, successfully raised $23 million in funding through a Series A round.
Mt.Gox Confirms Customer Addresses for Compensation
Reading Time: < 1 minuteSome Reddit users have reported receiving emails from Mt.Gox, the now-defunct cryptocurrency exchange, confirming crypto wallet addresses for receiving compensation.
Developers Are Increasingly Using Ethereum Blockchain to Run Apps: Report
Reading Time: < 1 minuteAccording to Electric Capital’s research, approximately 70% of applications on the Ethereum network are launched by developers.
Bitcoin Trading on Bithumb Approaches $3B
Reading Time: < 1 minuteThe BTC trading volume on Bithumb has reached up to $3 billion.
Terraform Labs Files for Bankruptcy in US
Reading Time: < 1 minuteTerraform Labs Pte. Lte. has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on January 21, according to the court’s website.
Operators Obliged to Ensure Transparency of Crypto Transactions in EU
Reading Time: < 1 minuteThe European Union’s governing body, the Council, recently announced its plans to strengthen supervision over the use of digital currencies.
Canada Makes Proposal to Amend Fund Requirements for Crypto
Reading Time: < 1 minuteOn January 18, the Canadian Securities Administrators (CSA) proposed new regulations for public investment funds regarding the treatment of crypto assets.
Anthony Scaramucci Predicts Bitcoin Could Reach $170,000 Next Year
Reading Time: < 1 minuteAccording to Anthony Scaramucci, Bitcoin is poised to reach a staggering $175,000 by the end of 2025.
Cumulative Spot Bitcoin ETF Volume Exceeds $11B
Reading Time: < 1 minuteThe total trading volume of 11 newly launched spot bitcoin ETFs has exceeded $11.1 billion as of their fourth day of trading on Wednesday.
Morgan Stanley: CBDCs Will Weaken US Dollar Influence
Reading Time: < 1 minuteAccording to analysts at Morgan Stanley, the use of these virtual currencies as payment methods is expected to transform the global financial system.
BlackRock CEO: Ether Spot ETF Applications Will Receive Approval
Reading Time: < 1 minuteAccording to BlackRock CEO Larry Fink in an interview with CNBC, the company is also planning to launch spot ETFs for ether soon.
Binance Thailand Begins Operations
Reading Time: < 1 minuteBinance has now opened its doors to the general public in Thailand.
Venezuelan Authorities End El Petro Project
Reading Time: < 1 minuteThe government has officially announced the liquidation of all Petro wallets and the remaining tokens will be automatically converted into the national currency, the bolivar.
Bitfinex $15B Transfer in XRP Was a Failed Exploit
Reading Time: < 1 minuteBitfinex’s Chief Technology Officer (CTO) Paolo Ardoino stated that an XRP transaction worth nearly $15 billion was actually part of a partial payment exploit that was unsuccessful.
Berachain Launches a Public Testnet
Reading Time: < 1 minuteThe team behind Berachain, a layer 1 blockchain that is compatible with the Ethereum Virtual Machine (EVM), has recently launched the Artio public testnet.
Fundstrat Predicts Bitcoin Will Reach $500,000 in 5 Years
Reading Time: < 1 minuteFundstrat analysts predict that the price of Bitcoin will soar to $500,000 in the next five years.
SEC Gives Approval to 11 Spot Bitcoin ETFs Applications
Reading Time: < 1 minuteThe SEC has given the green light for 11 spot Bitcoin ETFs to be launched on an accelerated basis, according to a document uploaded to the SEC website.
Matrixport Analysts: Bitcoin Might Suffer a Correction Before Halving
Reading Time: < 1 minuteMatrixport suggests BTC could potentially drop to $36,000-$38,000 in early spring.
BitGo Gets Provisional License in Singapore
Reading Time: < 1 minuteBitGo has received initial approval from Singapore’s main financial regulator for a Major Payment Institution license through its subsidiary based in Singapore.
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