Author: Chris Smith
Crypto Hedge Funds’ Income Experiences a 44% Rise
Reading Time: < 1 minuteIncome for hedge funds investing in digital currencies has increased by 44%.
FTX’s Bankruptcy Process Could Last Years
Reading Time: < 1 minuteAlan R. Rosenberg, a partner at Markowitz Ringel Trusty & Hartog, predicts a prolonged legal battle compared to some other crypto bankruptcies like Celsius and BlockFi.
What is Polkadot and How Does it Work?
Reading Time: 2 minutesPolkadot has been generating a lot of attention within the blockchain community recently. Investors in particular are getting very excited about.
Users Are Becoming More Interested in Solana Than in Ethereum
Reading Time: < 1 minuteIn the year 2023, there was a shift in Google search trends as “Solana” surpassed “Ethereum” for the first time, with traders showing increased curiosity about developments in its ecosystem.
Vitalik Buterin Wants to Revive Cypherpunk in Ethereum
Reading Time: < 1 minuteAccording to Vitalik Buterin, co-founder of the second largest cryptocurrency by market cap, the Ethereum blockchain must return to its roots and embrace the “cypherpunk” revolution.
Barry Silbert to Leave Grayscale’s Board
Reading Time: < 1 minuteGrayscale has disclosed the resignation of several board members along with the appointment of replacements.
Solana Surpasses $100
Reading Time: < 1 minuteSolana, which last surpassed $100 in May 2022, reached $112.4 on Monday, December 25, experiencing a 63% surge in its capitalization to $4.8 billion over the week.
Bulgaria Closes Investigation Against Nexo
Reading Time: < 1 minuteThe Bulgarian prosecutor’s office has closed the case against Nexo, a crypto-lending platform.
Uniswap’s Trading Volume Exceeds $450B in 2023
Reading Time: < 1 minuteIn 2023, DEX platform Uniswap saw a remarkable increase in activity, with the total value of completed swaps reaching an impressive $454 billion.
Ark Invest Sells $24M in Coinbase Shares
Reading Time: < 1 minuteCathie Wood’s investment firm, Ark Invest, has recently sold 149,780 shares of Coinbase stock worth $24.2 million from two of its funds.
Analysts: Bitcoin Could Reach $160K Following ETF Launch
Reading Time: < 1 minuteA combination of key factors and historical trends could potentially drive the first cryptocurrency to a price of $160,000 in a bull market by 2024.
Bitcoin ETFs Will Be Approved in Early 2024: Report
Reading Time: < 1 minuteA K33 report indicates that approval for a spot exchange-traded fund (ETF) based on the first cryptocurrency is likely to happen by January 10, 2024.
Layer 3 Foundation Launches Testnet of Its P2P Yellow Clearing Network
Reading Time: < 1 minuteBlockchain-based fintech company Layer 3 Foundation has just launched the testnet program for its clearing system Yellow Clearing Network.
Immutable Rolls Out a Web3 Wallet for Gamers
Reading Time: < 1 minuteImmutable has officially launched Passport, a tool that combines the features of a non-custodial crypto wallet, player profile management, and authentication.
Canadian and Swiss Investors Put $16M into Crypto-centered Funds: Report
Reading Time: < 1 minuteAccording to a recent report from CoinShares, institutional investors invested a total of $1.14 billion into crypto funds in 2023.
SEC Puts Off its Decision on Several Ethereum ETF Applications
Reading Time: < 1 minuteOn December 18, the SEC announced a delay in their final decision on approving Ethereum-based ETFs for several companies.
FTX Pays $53,000 Per Hour on Bankruptcy Fees
Reading Time: < 1 minuteFTX has spent approximately $53,000 per hour in the three months leading up to Oct. 31 on bankruptcy lawyers and advisers.
Polygon Drops Support for Polygon Edge Developer Tool
Reading Time: < 1 minutePolygon Labs has announced the discontinuation of support for their early open source solution, Polygon Edge, which was used for building EVM-compatible networks.
Ledger Users Suffer a Hacker Attack
Reading Time: < 1 minuteAccording to Ledger, a hacker was able to compromise a software library used in decentralized applications, injecting malicious code into their interfaces.
CoinList Will Pay a Fine of $1.2M
Reading Time: < 1 minuteCoinList, a token sale platform and crypto exchange, has reached a resolution with OFAC regarding violations of sanctions regulations.
Cryptocurrency Traders Are Becoming Increasingly Active: Kaiko
Reading Time: < 1 minuteAccording to Kaiko, both centralized and decentralized exchanges have seen an increase in average transaction volume since October.
IRS Unveils Largest Crypto Cases of 2023
Reading Time: < 1 minuteThe IRS Criminal Investigations Division has recently revealed a list of their top ten most well-known and high-profile cases in 2023.
BlackRock Revises its Spot Bitcoin ETF Application
Reading Time: < 1 minuteBlackRock has recently made a major change to its application for a Bitcoin exchange-traded fund (ETF).
Crypto Funds See Inflows fox 11th Consecutive Week
Reading Time: < 1 minuteThe total inflow into cryptocurrency investment products between December 2 and December 8 was reported to be $42.8 million.
Uniswap Launches on Bitcoin Sidechain Rootstock
Reading Time: < 1 minutePopular decentralized exchange Uniswap has taken a step towards the Bitcoin ecosystem by integrating with the Rootstock sidechain.
Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Zcash 
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