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Zcash Creator Zooko Wilcox to Step Down as CEO of Electric Coin


  Zooko Wilcox, the creator of the privacy-oriented blockchain network Zcash, is stepping down as CEO of Electric Coin Co., the primary developer behind Zcash. Wilcox has served as the project’s leader since its creation in 2015. The decision was made by the Board of Directors, which...

South Korean Analysts: Global Crypto Market Cap to Hit $5T in 2024


Source: ArtDown/Adobe South Korean crypto market analysts think the worldwide crypto market cap could hit the $5 trillion mark in 2024 as global adoption continues. Per Hanguk Kyungjae, the claims were made in a report published by the Korbit Research Center, part of the Korbit crypto exchange...

100x Meme Coin Sponge Launches V2 – Is $SPONGEV2 The Best Crypto to Buy Now?


Investors are scrambling to take a position in the freshest meme coin on the market – Sponge V2 ($SPONGEV2), the next incarnation of the legendary Sponge ($SPONGE) meme coin. Let’s take a trip down memory lane – Sponge V1 made its debut during the bear market of May 2023, launching as...

Inside Job: Security Engineer Behind Multi-Million Dollar Crypto Exploits


Source: Adobe / Rawpixel.com Shakeeb Ahmed, a senior security engineer associated with an international technology company, pleaded guilty on December 14 to computer fraud in connection with his hacking of two decentralized crypto exchanges. The announcement of the guilty plea was made by Damian...

Hong Kong Firms Make First Cross-border Digital Yuan Commodity Payments


Source: leungc/Adobe Hong Kong-based firms have made the first “cross-border” commodity payments with the Mainland Chinese digital yuan, as the CBDC takes its first international steps. Per Hong Kong Today, several Hong Kong firms took part in the Bank of China (Hong Kong)’s “Enterprise Digital...

SEC Delays Decision on Invesco Galaxy’s Ethereum ETF Until February 2024


Source: DALL·E The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Invesco Galaxy’s spot Ethereum exchange-traded fund (ETF) application, new decision to be made in 2024. According to the SEC’s latest filing, the decision, initially expected by December 23, 2023...

Russia Poised to Let Miners Sell Coins Abroad as ‘Exports’


Source: artiemedvedev/Adobe Russian industrial miners may be given the right to sell cryptoassets as “export products,” the nation’s finance ministry said. Per RBC, the country’s Deputy Minister of Finance Ivan Chebeskov made the comments at a round table event named “Cryptocurrency and the Future...

Bitcoin Price Briefly Drops Below $41,000 Amid Broader Market Correction


Source: DALL·E Bitcoin price has just dropped below $41,000 briefly, undoing almost a week’s gains before a bounce back. Other major cryptocurrencies including Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA) were also down over 5%. According to TradingView, the price of Bitcoin made a sharp...

Robinhood Launches Commission Free Crypto Trading App in EU


Source: Adobe Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading.  The move comes just a week after the company made its international debut with stock-broking services in the UK.  The Robinhood app, set to go live on Thursday, will enable...

How K-Pop Made League of Legends Immortal


The longevity of League of Legends is astounding. Across the industry, developers are trying to grab a share of the lucrative live-service games pie. Since 2009, the enduring popularity of this multiplayer online battle arena (MOBA) game has made it a golden goose: often imitated, but never...

UNDP and Algorand Foundation to Launch Blockchain Academy in Q1 of 2024


The United Nations Development Programme together with the Algorand Foundation are set to launch a blockchain academy in the first quarter of 2024. The objective of the academy is to provide the UNDP’s employees “with knowledge and insights into the applications of blockchain...

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