Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
VanEck Believes Donald Trump’s Victory in US Presidential Election Will Benefit Bitcoin
Reading Time: < 1 minuteInvestment firm VanEck has suggested that if Trump wins the 2024 US presidential election, it could potentially benefit the price of Bitcoin.
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.
Hackers Withdrew $1.7B in Crypto from Projects in 2023: Report
Reading Time: < 1 minuteImmuneFi reported in November that hackers had stolen a total of $343.038 million in digital currency through various hacks and fraudulent activities.
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).
Coinbase Lists Base Network Token
Reading Time: < 1 minuteDeFi project Seamless Protocol, which operates on the Base second-layer network backed by Coinbase, has introduced its governance token.
Institutions Prefer Bitcoin Investments: Report
Reading Time: < 1 minuteInstitutional investors have shown the most interest in Bitcoin for 2022-2023.
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.
Binance Will Experience Major Changes, New CEO Says
Reading Time: < 1 minuteHe Yi, co-founder of Binance, has announced that the company will establish a board of directors and open its headquarters as soon as possible.
Crypto Market Grew by 110% in 2023: Report
Reading Time: < 1 minuteThe total value of digital currencies has increased by 110% or $870 billion since the beginning of 2023, with the fourth quarter seeing the largest increase at 55%.
VanEck Chooses HODL Ticker for its Bitcoin ETF in Updated Filing
Reading Time: < 1 minuteVanEck has submitted an updated application to launch an exchange-traded fund (ETF) based on the spot price of Bitcoin, with the product ticker listed as the HODL meme.
Former Binance CEO Zhao Unable to Return to UAE
Reading Time: < 1 minuteA US federal judge in Seattle has ruled that Changpeng Zhao, the former CEO of Binance, is not allowed to return to his home in the United Arab Emirates until he is sentenced in February.
Market Cap of Stablecoin Market Exceeds $134B
Reading Time: < 1 minuteAs of November, the market supply of stablecoins totaled $126 billion. By December 7, it had increased to $133.76 billion, per CoinGecko data.
Phoenix Group Closes a $380M Deal with Miner MicroBT
Reading Time: < 1 minutePhoenix Group has announced a contract worth $380 million with MicroBT, the manufacturer of Whatsminer-branded Bitcoin mining devices.
Court Accepts Changpeng Zhao’s Admission to Violating US AML Laws
Reading Time: < 1 minuteA US District Judge in Seattle has acknowledged the guilty plea of former Binance CEO Changpeng Zhao (CZ) concerning charges linked to anti-money laundering violations.
Versatus Reaches a $50M Market Cap
Reading Time: < 1 minuteBlockchain scaling startup Versatus Labs has reached a $50 million valuation.
Robinhood Unveils Crypto Trading Application in Europe
Reading Time: < 1 minuteRobinhood has revealed the introduction of its cryptocurrency trading app in the European Union.
The IRS Focuses on Crypto Tax Evasion
Reading Time: < 1 minuteIn just three years, the majority of cryptocurrency investigations have switched from money laundering to tax evasion.
Max Kaiser: Qatar May Invest Part of its Reserves in Bitcoin
Reading Time: < 1 minuteRecently, Kaiser tweeted about the possibility of Qatar entering the BTC market.
Solana CEO Says Users Are Not Interested in its Saga Smartphone
Reading Time: < 1 minuteSolana co-founder Anatoly Yakovenko has discussed the need for a significant increase in user figures, from the current 2,200 to 25,000-50,000, in order to establish a solid user base for the Saga smartphones.
Circle Introduces Solutions to Prevent Fraudulent Activities on Blockchains
Reading Time: < 1 minuteCircle’s technology branch has recently introduced two new initiatives with the objective of tackling theft and fraudulent activities on blockchains.
Nansen: Capital Outflow from Binance is Stopping
Reading Time: < 1 minuteAccording to a Nansen report, there was only a minor decrease in funds from the exchange after Zhao’s resignation.
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