Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
TRM Labs Says North Korea-linked Hackers Stole $600M in Crypto Last Year
Reading Time: < 1 minuteCybercriminals from North Korea have been targeting and hacking into cryptocurrency wallets, resulting in large losses for token holders in South Korea.
Honduras Recognizes Bitcoin as a Unit of Account
Reading Time: < 1 minuteThe economic zone of Próspera in Honduras has officially adopted Bitcoin as a unit of account.
ACE Exchange Founder is Arrested for Fraud
Reading Time: < 1 minuteDavid Pan, the founder of ACE Exchange, one of the largest crypto exchanges in Taiwan, was arrested on suspicion of fraud on Wednesday.
Celsius is Rebalancing its Crypto Assets
Reading Time: < 1 minuteCelsius has confirmed that it is currently taking steps to regain control of its assets.
Uzbekistan Fines Binance
Reading Time: < 1 minuteThe National Agency for Prospective Projects of the Republic of Uzbekistan has discovered several violations committed by the Binance cryptocurrency exchange.
Cboe Gives Green Light to Fidelity Spot Bitcoin ETF’s Listing Registration
Reading Time: < 1 minuteCboe has accepted the registration for a proposed spot Bitcoin exchange-traded fund from Fidelity Investments.
South Korea to Limit Use of Credit Cards to Buy Crypto by Local Users
Reading Time: < 1 minuteThe Financial Services Commission (FSC) of South Korea is proposing a revision to the country’s credit finance laws that would prevent citizens from using credit cards to purchase cryptocurrency.
Michael Saylor Sells $216M of MicroStrategy Shares
Reading Time: < 1 minuteAccording to a filing made with the SEC, MicroStrategy founder Michael Saylor recently sold 315,000 securities of his company, which amounted to approximately $216 million.
Crypto Hedge Funds’ Income Experiences a 44% Rise
Reading Time: < 1 minuteIncome for hedge funds investing in digital currencies has increased by 44%.
Crypto Exchanges’ Monthly Trading Volume Surpasses $1T
Reading Time: < 1 minuteIn December, for the first time since September 2022, the monthly trading volume on cryptocurrency exchanges surpassed $1 trillion.
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.
Almost $100M Was Stolen Last Month
Reading Time: < 1 minuteThe recent breach of Orbit Chain’s cross-chain bridge resulted in nearly $100 million in crypto theft for December.
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.
CryptoQuant Believes BTC Will Fall to $32,000 Following ETF Approval
Reading Time: < 1 minuteA possible approval of a Bitcoin exchange-traded fund (ETF) in the United States could result in a “sell-on-the-news” situation.
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.
Long-term Investors Hold Over 70% of ETH
Reading Time: < 1 minuteThe number of Ethereum network addresses holding varying amounts of ETH has surged to 107,035,209, marking a new high as of December 27.
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.
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