Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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).
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.
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