Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Tether Issues 1 Billion USDT
Reading Time: < 1 minuteOn December 24, Tether generated an additional 1 billion USDT stablecoins on the Ethereum network.
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.
Telcoin Loses $1.3M Due to Exploit
Reading Time: < 1 minuteThe Telcoin (TEL) token experienced a more than 40% price drop following the discovery of an error in the wallet implementation on the Polygon network.
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.
Japan Plans to Drop Tax on Crypto Profits
Reading Time: < 1 minuteJapan’s Cabinet has given the green light to a bill exempting companies from taxes on unrealized profits from digital asset transactions.
BTC Will Reach $80,000 Following BTC ETF Approval, Analysts Say
Reading Time: < 1 minuteIndustry experts are predicting that the introduction of spot crypto ETFs in the American market will cause Bitcoin’s price to soar to $80,000.
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.
Coinbase Gets Licensed in France
Reading Time: < 1 minuteCryptocurrency exchange Coinbase has received registration with France’s markets regulator.
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.
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.
UK Finance Minister Will Investigate Claims Licensed Crypto Companies Are Facing Problems to Open Business AccountsÂ
Reading Time: < 1 minuteThe Chancellor of the Exchequer in the UK has promised to look into the issue of licensed cryptocurrency companies facing challenges when trying to open business accounts in the country.
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.
Galaxy Digital’s AUM Reach $5.3B
Reading Time: < 1 minuteGalaxy Digital has seen a triple increase in the volume of assets under its management over the course of a year, rising from $1.7 billion to $5.3 billion.
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.
Ripple Says G20 Countries Will Issue Their Own Tokens
Reading Time: < 1 minuteAccording to information provided by Ripple, it has been determined that 19 countries belonging to the Group of Twenty (G19) have taken the initial steps or are currently in the process of implementing a CBDC.
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).
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