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Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests
6.1.2024
Source: iStock/Zerbor Spain’s central bank, Banco de España, has revealed its selected collaborators for the testing phase of the central bank digital currency (CBDC) initiative, a year after issuing a call for collaboration. Out of 24 applications received over the past year, Bank of Spain...
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
5.1.2024
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion, concluding the month with $135.86 billion in finalized...
North Korea Stole Over $600 Million in Crypto in 2023: Report
5.1.2024
North Korea was responsible for greater than $600 million worth of crypto being stolen in 2023, blockchain intelligence company TRM labs announced Friday. State-sponsored attacks supporting weapons of mass destruction According to TRM Labs’ latest report, the analytics data firm suggests that...
Australia’s Security Regulator Faces Scrutiny Over Failure to Warn Citizens of the HyperVerse Crypto Scheme
5.1.2024
Source: AdobeStock / FiledIMAGE Australia’s Assistant Treasurer Stephen Jones has expressed the intention to look into reasons why the country’s securities regulator failed to warn citizens of the potential danger posed by the HyperVerse crypto scheme. A recent Guardian report says Jones would...
North Korea Was Responsible for Over $600M in Crypto Thefts Last Year: TRM Labs
5.1.2024
North Korea-affiliated actors were behind a third of all crypto hacks in 2023, making off with some $600 million in funds, a new TRM Labs study said
South Korean Tokenization Startup Chooses Klaytn Over Ethereum for Gold NFTs
5.1.2024
The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform...
Taiwanese Crypto Exchange ACE Founder, Employees Arrested Over Fraud Allegations
5.1.2024
Source: Pixabay Taiwan’s leading crypto exchange ACE and its masterminds have been accused of making false claims around speculative token listings to defraud investors. The local city police on Wednesday conducted multiple raids, arresting ACE founder David Pan, and co-conspirator Lin Nan. A total...
Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report
5.1.2024
Australia's Assistant Treasurer and Minister for Financial Services Stephen Jones has said he would be asking the Australian Securities and Investments Commission (ASIC) why it didn't warn consumers about the HyperVerse crypto scheme like other nations did
South Korean Police Arrest Suspected OTC Crypto Thief
5.1.2024
Source: spaxiax/Adobe South Korean police have arrested a man they suspect of stealing cash as part of a bogus over-the-counter (OTC) crypto exchange. Per the broadcaster KBS, police officers in the town of Icheon, Gyeonggi Province, said they had arrested a man “in his 20s” on theft-related...
Bitcoin Price Prediction as BTC Bounces Up From Flash Crash – Is The Selling Over?
4.1.2024
The Bitcoin market, as of January 4th, illustrates a dynamic and cautiously optimistic scenario. Trading at approximately $44,000, Bitcoin has witnessed a 3.33% increase over the last 24 hours, signaling a resilient rebound in the ever-volatile cryptocurrency arena. With an impressive market...
CoinMarketCap Announces Gaimin’s GMRX Token to Be Incubated by CMC Labs in a Historic First
4.1.2024
PRESS RELEASE. GAIMIN (www.gaimin.io), the world’s leader in delivering decentralised data processing power through gaimin.cloud (www.gaimin.cloud), has been selected by CoinMarketCap as an inaugural incubatee of the new CMC Labs accelerator program. CoinMarketCap (CMC) is the most valued source...
Vitalik Buterin’s Endorsement Leads to ENS Token Surge
4.1.2024
The ENS token’s recent price surge is attributed to Vitalik Buterin’s public support, who stated the need for ENS to be available on all layer two networks. Vitalik Buterin’s Social Media Post Ignites ENS Token Rally The Ethereum Name Service (ENS) token experienced an unexpected...
Is It Too Late to Buy Internet Computer? ICP Price Rallies 55% as New Meme Coin Prepares to Launch
4.1.2024
As Internet Computer – a leading decentralized data storage project – ICP price has rallied +55%, FOMO traders are asking is it too late to buy Internet Computer? The ICP token has exploded over the past few weeks after a strong consolidation above $9 throughout the end of December...
South Korea’s Crypto Surge — Navigating the ‘Kimchi Premium’ and Massive Trade Volumes
4.1.2024
Recent data reveals that South Korea’s crypto trading volume has surged in recent months, with two exchanges, Upbit and Bithumb, contributing over 10% to the global trading volume as of Jan. 4, 2024. Additionally, while the global price for bitcoin hovers around $43,356 per unit, in South...
Gamma Strategies Launches Investigation into Security Incident Following Exploit Draining Over 211.9 ETH
4.1.2024
Source: Pixabay The Ethereum-based asset management protocol, Gamma Strategies, is currently investigating an ongoing security incident that may have resulted in the depletion of at least 211.9 Ether (ETH). We're monitoring and reacting to a possible security incident. Please be patient while...
‘Web3 Artists Offers Something Web2 Can’t – True Ownership’ — Palm Foundation Director
4.1.2024
According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on traditional platforms. For artists who have already...
Solana Foundation Plans Expansion to Brazil With Over $10M in Investments
4.1.2024
The Solana Foundation, the institution in charge of managing initiatives related to the Solana network, has announced it will expand to Brazil. According to local reports, the organization plans to launch a local team and invest over $10 million in several Web3 fields, including tokenization...
Solana Price Prediction as SOL Falls 9% Overnight – Are Investors Regaining Confidence?
4.1.2024
The Solana price has dropped by 9% in the past 24 hours, sinking down to $98.69 after fears over another Bitcoin ETF delay pulled the wider market down yesterday. Even with the sharp pullback, SOL remains up by 14% in a fortnight and by 64% in the last 30 days, with the altcoin also sitting...
SEC Will Approve Spot Bitcoin ETF to Maintain Regulatory Control Over Crypto Industry, Analyst Says
4.1.2024
Investment bank TD Cowen predicts the U.S. Securities and Exchange Commission (SEC) will approve a spot bitcoin exchange-traded funds (ETFs) by the Jan. 10 deadline as a “political necessity.” The bank’s analyst believes that the SEC needs to “cement its role as a crypto...
Is It Too Late to Buy Hedera? HBAR Price Rallies Over 10% and This Other Coin Could Explode Next – Here’s Why
4.1.2024
HBAR price breaks out to new highs, but analysts debate if the rally will continue or a pullback is due. Image by Fareed Mindalano, DALL-E 3. Bitcoin sank to around $40,500 earlier today amid rumors of a possible rejection for a spot Bitcoin ETF, dragging the broader crypto market down with...