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Spot Bitcoin ETF Approval is Unlikely to Change Regulatory Environment in the US + More News
2.1.2024
Source: AdobeStock / 2024 Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Spot Bitcoin ETF Approval is Unlikely to Change Regulatory Environment in the US INX Says Customer Data and Funds...
XRP Ledger brings in XRPScan to enhance transparency
2.1.2024
The XRP Ledger (XRPL) is poised to implement transparency enhancements with the release of XRPScan, its most recent feature. XRPFScan has disclosed that Explorer users will now have the capability to observe the transaction fee with the lowest value on the blockchain. Dr. J. Scott Branson,...
Bitcoin Is an ‘Intriguing Option for National and Corporate Financial Portfolios’ Says Billionaire Stelian Balta
2.1.2024
Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, has said that while bitcoin is indeed a volatile asset it nonetheless helps to diversify and align an investment portfolio with digital trends. The top crypto asset’s high-return...
BRC20 releases Bitcoin Security Consensus Layer2 Platform, BL2
2.1.2024
BRC20 has just unleashed its Layer2 platform, BL2, which intends to connect ZK-Rollup with Bitcoin and execute multi-node authentication on the Layer2 network. In turn, this will help improve the safety aspects of zero-knowledge proofs. BL2 is akin to the Bitcoin security consensus. A few BTC main...
Hydropower Fuels Kyrgyzstan’s Crypto Mining Industry
2.1.2024
Kurpsai Hydro station. Lower Naryn River Canyon near Toktogul in Kyrgyzstan. Source: AdobeStock / Dynamoland Kyrgyzstan’s water-rich environment has the potential to provide a necessary boost for the country’s crypto mining industry – but that power is currently difficult...
Stake Secures Naming Rights for Sauber’s Formula 1 Car in Multi-Year Deal
2.1.2024
  Cryptocurrency betting and casino platform Stake has obtained the naming rights for Sauber’s Formula 1 car for the 2024 and 2025 seasons. On January 1st, Stake made an announcement revealing their transition into Formula One, as they will feature as the primary sponsor...
December Ranks Fifth Highest Month in Crypto Scams With Over $100 Million Drained
2.1.2024
Source: Pixabay / Pete Linforth Blockchain security firm CertiK says that over $116 million was lost in December to cryptocurrency scams with exploits, exits scams and flash loan attacks recording highest figures. The firm posted the industry hack data for the previous on X (formerly Twitter)...
Orbit Bridge Hack Confirmed, Over $81.5 Million Lost in Cryptocurrency Assets
2.1.2024
Orbit Bridge, an inter-blockchain bridging protocol, has confirmed that it was recently exploited, losing over $81.5 million in several assets, including USDT, DAI, USDC, WBTC, and ETH. Orbit Chain is trying to communicate with the group responsible for the attack and has asked cryptocurrency...
Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K
2.1.2024
U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT
Ethereum Price Prediction as Bulls Hold $2,200 Level – Next Leg Up Starting Soon?
1.1.2024
Source: AdobeStock Ether (ETH), the native cryptocurrency of the layer-1 smart contract-enabled Ethereum blockchain, is pushing higher on the first day of 2024, up around 2% in the past 24 hours and trading in the mid-$2,300s, as per CoinMarketCap. In recent days, Ether has been able to hold to...
The SEC Is ‘out of Their Mind and a Change of Regime Is Required’ — Former US Ambassador
1.1.2024
Trevor Traina, the founder and CEO of Kresus, has said he foresees non-custodial mobile wallets “transforming into something more comprehensive than just tools for storing digital assets.” According to Traina, such a transformation is needed if non-custodial wallets are to become apps...
Bitcoin Blockchain Sets New Record: December 2023 NFT Sales Surpass $881 Million for First Time Ever
1.1.2024
Source: Adobe/James Thew Sales of NFTs on the Bitcoin (BTC) network reached a new milestone in December 2023, surpassing $881 million for the first time ever. According data by CryptoSlam, NFT sales on the Bitcoin chain reached $881,223,753.92 last month, setting the highest single-month sales...
‘Bitcoin in the West Has Sold out, and Now Only the Global South Can Save BTC’ — Ray Youssef
1.1.2024
According to Ray Youssef, the CEO of Noones, peer-to-peer (P2P) bitcoin trading is the United States’ public enemy number one because its potential widespread adoption by people from the Global South represents the “world’s first real threat to the U.S. Treasury system.”...
Orbit Suspends Cross-Chain Bridge Contract After $82M Exploit: Beosin
1.1.2024
Source: Pixabay Just hours before welcoming the new year, hackers exploited Orbit Bridge, the cross-chain bridging service of Orbit Chain, making off with a staggering $82 million. The project soon suspended the cross-chain bridge contract and initiated on-chain negotiations with the attackers,...
South Korean Exchange Searches for ‘Lost’ Owners of $206M Worth of Crypto
1.1.2024
Source: Paweł Michałowski/Adobe The South Korean crypto exchange Bithumb says it wants to find the “dormant” owners of $206 million worth of coins, including Bitcoin (BTC), Ethereum (ETH), and XRP. Per Chosun Ilbo, Bithumb said it was launching a “campaign” to help remind users with seizable crypto...
Ethereum’s Path Forward: Vitalik Buterin Unveils Roadmap Enhancements
31.12.2023
In a recent update, Ethereum co-founder Vitalik Buterin released an updated 2023 roadmap for the blockchain platform, detailing notable improvements and steadfast progress. Despite similarities to the previous year’s roadmap, the updated version underscores Ethereum’s evolving...
Frenzy for 1,000x Gains Drives Surge in New Tokens on Solana
31.12.2023
Source: AdobeStock / Aleksandra Sova The Solana blockchain network has experienced an unprecedented influx of new tokens this month, surpassing any previous records by a significant margin. According to data from Solscan, over the last two weeks alone, a staggering 72,202 new tokens have been...
The Big List: Charities Embracing Change with Bitcoin and Cryptocurrency Donations
30.12.2023
Source: Pexels Charitable giving occurs year round, yet end of year donations especially tend to resonate with donors. Recent statistics from digital marketing agency Nonprofits Source found that 30 percent of annual giving occurs in December. Findings further show that 10 percent of annual giving...
The Big List: Charities Embracing Change with Bitcoin and Cryptocurrency Donations
30.12.2023
Source: Pexels Charitable giving occurs year round, yet end of year donations especially tend to resonate with donors. Recent statistics from digital marketing agency Nonprofits Source found that 30 percent of annual giving occurs in December. Findings further show that 10 percent of annual giving...
Former Binance CEO Changpeng Zhao Barred from Travel by US Judge
30.12.2023
Source: X / @cz_binance Former Binance CEO Changpeng Zhao, commonly known as CZ, has been blocked from traveling again as his sentencing for criminal charges approaches in late February. On December 29, in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard...