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Circle CEO Jeremy Allaire Expects US to Pass Stablecoin Legislation in 2024
16.1.2024
Circle CEO Jeremy Allaire has expressed his confidence in the United States finally passing long-awaited stablecoin legislation this year. In a recent interview with CNBC at the World Economic Forum’s annual meeting in Davos, Switzerland, Allaire said there is growing momentum in...
Pro Crypto Candidate Vivek Ramaswamy Drops Out of U.S Presidential Race
16.1.2024
Pro crypto Republican presidential candidate Vivek Ramaswamy has suspended his campaign after securing a fourth-place finish in Iowa. Ramaswamy, who had pledged to streamline the Securities and Exchange Commission (SEC) and advocate for a clear crypto policy if elected, announced the suspension...
Ripple’s XRP Ousted From Hong Kong Virtual Asset Consortium’s Top Crypto Index
16.1.2024
As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships. Ripple’s XRP Loses Ground in HVAC’s...
Hong Kong Licensed Crypto Exchange Hashkey Operator Raises $100M With $1.2B Valuation
16.1.2024
In a recent funding round, HashKey Group, the operator of one of Hong Kong’s two licensed crypto exchanges, successfully raised close to $100 million with a valuation of over $1.2 billion. Hashkey Group announced the completion of the series A funding round earlier today in a statement...
Apple and Google Remove Several Major Crypto Exchanges From App Stores in India Following Regulatory Crackdown
16.1.2024
Apple and Google have removed several major crypto exchanges from their app stores in India after the Indian Financial Intelligence Unit flagged nine crypto service providers as operating illegally in the country. Various telecom networks and internet service providers in India are also blocking...
Michael Saylor Alerts Bitcoin Community Amid Rising Tide of Deepfake Scams
16.1.2024
Source: Pixabay MicroStrategy founder and tech titan Michael Saylor has issued a warning about the influx of AI-generated deepfake scams in the Bitcoin community. The alarm follows several reports last week flagging fake AI-generated videos of Saylor reportedly promising to “double...
Chinese ‘Criminals Used Digital Yuan to Launder Money’ – Prosecutors
16.1.2024
Source: dule964Adobe Chinese law enforcers say they have shut down a gang that was using digital yuan wallets to launder money. Per the media outlet The Paper, the gang was allegedly active in the Yuecheng District, in the municipality of Shaoxing, Zhejiang Province. The Shaoxing Public Security...
SEC Chair Gary Gensler Sees Irony in Spot Bitcoin ETF Approval — ‘This Was About Centralization’
16.1.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler sees irony in the approval of spot bitcoin exchange-traded funds (ETFs). “This was about centralization and traditional means of finance,” said Gensler, warning: “Investors should be aware that this underlying asset...
IMF Chief Sees Crypto as Asset Class — Says Bitcoin Won’t Dethrone US Dollar as Dominant Currency
16.1.2024
International Monetary Fund (IMF) chief Kristalina Georgieva sees crypto as an asset class, not money. She dismissed concerns of bitcoin potentially displacing the U.S. dollar as the world’s dominant currency, citing the size of the U.S. economy and the depth and sophistication of...
Gov’t Servers in South Korean City ‘Infected with Crypto Mining Malware’
16.1.2024
Source: iuliia_n/Adobe Crypto mining malware has been found on two government servers in the South Korean city of Daejeon, an audit has found. Per MBN, the nation’s Ministry of Public Administration and Security commissioned biannual audits of the city government’s servers. During...
Circle Completes USDC Upgrade to Version 2.2
16.1.2024
Circle, the stablecoin company, has completed the upgrade of its USDC stablecoin to the 2.2 version. The update brings a slew of changes, including gas efficiency improvements, support for account abstraction and smart contract wallets, and enhancements in the resiliency of the currency when...
Reports Suggest That Binance is Reviewing the Status of Privacy Coins on Its Platform
15.1.2024
Recent reports from members of the Zcash community indicate that Binance, the largest cryptocurrency exchange, would be preparing to review all privacy coins listed on its platform and possibly delist some. The exchange has been in talks with project representatives since November 2023, when...
Coin Center Responds to Scathing Letter from Senator Elizabeth Warren
15.1.2024
Adobe Coin Center has responded to allegations made by Senator Elizabeth Warren claiming the crypto non-profit was working to “undermine bipartisan efforts in Congress” by hiring “former defense, national security, and law enforcement officials.” Coin Center pushes back...
Circle Reports Surge in Remittances Through USDC Stablecoin in Asia
15.1.2024
Circle, a crypto issuer, reported a significant increase in remittances flowing through Asia via its USDC stablecoin. USDC is a cryptocurrency pegged to the value of the U.S. dollar and is backed by liquid cash and cash-equivalent assets. It has settled over $12 trillion in blockchain transactions...
Bitcoin Price Prediction as Greed Index Hits Neutral Post-ETF Launch – Are Investors Losing Confidence?
15.1.2024
In the dynamic realm of cryptocurrency, Bitcoin‘s price trajectory has recently taken a downward turn, falling to $42,000 amidst diminishing enthusiasm for Bitcoin exchange-traded funds (ETFs). This decline occurs against the backdrop of a slightly contracting global crypto market, which...
Crypto Exchange Listing and Delisting Announcements: January 16, 2024
15.1.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.Have we missed something? Do you have information about new listings and/or delistings? Let us know here.  ...
BRC-20 Inscription Growth Key for Bitcoin’s Continued Dominance in 2023 – Binance Research
15.1.2024
The cryptocurrency market witnessed a remarkable recovery in 2023 with a staggering 109% year-over-year (YoY) surge. However, what captured the attention of the Binance Research team was the notable growth of the BRC-20 token standard throughout the year. In their 140-page report, the research...
Best Crypto to Buy Today January 15 – SUI, BNB, TON
15.1.2024
With the Sui price surging 11.88% as the network’s total value locked exceeds $326 million, SUI is positioning itself as one of the best crypto to buy today along with BNB and TON, which are seeing bullish price action amid overall optimism in crypto markets. Beyond these leading names...
Top Crypto Gainers Today on DEXTools – BIAO, HEMULE, XFER
15.1.2024
Top Crypto Gainers Today on DEXTools While blue-chip cryptocurrencies are attempting a recovery in wake of broadly bearish price action since last Friday, $BIAO, $HEMULE and $XFER are the top crypto gainers today on DEXTools. Bitcoin (BTC) was last trading hand around $43,000, up around 3% on...
Terraform Labs Co-founder Do Kwon Appeals Extradition Decision Amid Claims of Political Pressure
15.1.2024
Do Kwon, co-founder of Terraform Labs, has once again appealed the Montenegro High Court’s decision to uphold extradition requests from the U.S. and South Korea. His legal team argues that the recent decision by the Montenegro High Court violates legal provisions, the European Convention...