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New EU Crypto Regulation Allow Governments to Freeze and Seize ‘Unexplained Wealth’ Believed Tied to Crime
26.12.2023
EU has passed expanded powers allowing governments to freeze and confiscate crypto tied to a crime. Image by Vitalii Vodolazskyi, Adobe Stock. European Union officials reached an agreement on December 12 on new crypto regulations that will grant member states expanded powers to freeze...
As KEX Shoots Up 167% to a New ATH, This Other Coin Just Hit $6 Million
26.12.2023
KIRA, an emerging force in the decentralized finance (DeFi) sector, has seen its native coin, KEX, soar to unprecedented heights, achieving a remarkable 45.67% surge in just 24 hours. From an initial value of $0.02634, KEX has risen to an impressive $0.1370, setting a new all-time high (ATH)...
Fake Rabby Wallet Discovered on Apple App Store
26.12.2023
Source: Pixabay A fraudulent version of open source crypto wallet Rabby Wallet has appeared on the Apple App Store. According to an X post from the official Rabby Wallet account, it’s not the first time scammers have tried to impersonate its wallet. “A FAKE mobile app has surfaced again. We want...
Tether Mints $1 Billion USDT for “Inventory Replenish” on Ethereum Network
26.12.2023
Source: Pixabay Tether has minted $1 billion USDT for an “inventory replenish,” according to CEO Paolo Ardoino. In an X post on Monday, blockchain tracking platform Whale Alert reported that the Tether Treasury had minted $1 billion of its eponymous stablecoin, USDT. Tether CEO Ardoino responded...
Defi Rebounds: Total Value Locked and Token Prices Surge as 2023 Marks a Year of Recovery and Growth
26.12.2023
On April 3, 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). By the start of January 2023, this amount declined to $38.30 billion. Concurrently, in April 2022, the leading defi tokens by market capitalization were collectively worth $135...
Fake Crypto Websites on Google Ads Drain $3 Million in Christmas Phishing Scam
26.12.2023
Scammers drained $3 million in crypto from victims this Christmas using fake websites promoted on Google ads. Image by Fareed Mindalano, DALL-E 3. A new report reveals that scammers stole over $3 million in cryptocurrency from victims this holiday season using fake crypto websites promoted through...
Hong Kong Prepares for Retail Access to Spot Crypto ETFs + More News
26.12.2023
Source: AdobeStock / maurice norbert 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: Hong Kong Prepares for Retail Access to Spot Crypto ETFs Southeast Asia Scammers Are Forced to Look...
Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
26.12.2023
Shifke is the CFO of Silbert's Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing
BNB Chain announces opBNB’s $450k+ festivities celebration giveaway
26.12.2023
BNB Chain has announced hosting the opBNB festivities celebration. The same will begin on December 28, 2023, and end on January 17, 2024. It is being linked with the upcoming New Year’s Eve to spark interest in the minds of community members. However, the reward pool of $450k+ as a Giveaway...
Zeepr goes live on EOS EVM
26.12.2023
Zeepr Labs has announced that Zeepr is now live on EOS EVM, allowing its community members to leverage the holding of $EOS as collateral. This partnership aims to expand their ecosystems and strengthen connections with public chains. Benefits to the EOS Community, at the moment, pertain to using...
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
26.12.2023
Payments through bank accounts are still awaited
Ondo Finance Expands With Solana (SOL) – Everlodge (ELDG) to Become Major Force in $4.548T Market
26.12.2023
Ondo Finance has expanded their U.S. Treasury-backed tokens to the Solana (SOL) blockchain and ecosystem applications. As a result, investors can now use them as collateral and in Decentralized Finance (DeFi). These tokenized treasuries spearheaded the real-world asset boom to bring traditional...
Crypto Guide for Seniors
26.12.2023
Source: Pixabay It’s never too late in life to dabble in cryptocurrency investing – For seniors unfamiliar with the sector cryptocurrency is a type of digital or virtual currency that uses cryptography for virtual transactions. Unlike traditional currencies issued by governments (like the...
US-Approved Spot Bitcoin ETFs Could Surpass Entire $50 Billion Crypto ETP Market: BitMEX
26.12.2023
Source: Pexels The global market for cryptocurrency exchange-traded products (ETPs) has reached a significant milestone, currently comprising approximately 150 products with a total value of $50.3 billion in assets under management, as reported by BitMEX research. According to the research,...
Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners
26.12.2023
Source: AdobeStock / Photocreo Bednarek The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin’s hashrate soared...
zkSync Era Resolves Network Glitch Triggered by Automated Safety Check
26.12.2023
Source: zkSync The zkSync development team recently addressed and resolved a network glitch in the zkSync Era platform with “no funds at risk,” according to a post by zkSync Development. The network glitch in the zkSync Era platform occurred on Dec. 25 at 05:50 UTC, as reported by the development...
Former FTX CEO Sam Bankman-Fried and Debtors Reach Settlement in Embed Proceeding
26.12.2023
Image by Александр Поташев, Adobe Stock The bankrupt crypto exchange FTX and its debtors have reached a settlement agreement with founder Samuel Bankman-Fried and others to address certain claims related to the acquisition of the stock trading platform Embed. In a December 22 filing with the United...
Is BONK Going to Zero? BONK Price Drops 3.9% as Latest Meme Coin Surges Past $4.4 Million Milestone
25.12.2023
In the unpredictable landscape of cryptocurrency, Bonk (BONK) has emerged as a remarkable new entrant. As the first dog-themed coin on the Solana blockchain, BONK has swiftly ascended to an impressive $1 billion market capitalization, a milestone achieved within an astonishingly short period since...
Bixos Unveils Groundbreaking Real World Asset Investment at Kartal, Istanbul Event
25.12.2023
PRESS RELEASE. Kartal, Istanbul – 25th December 2023 – Bixos, a leading force in blockchain innovation, is pleased to announce a historic moment in its journey with the revelation of its inaugural Real World Asset (RWA) investment at a recent event in Kartal, Istanbul. This transformative milestone...
Dyson Finance Becomes Fastest-Growing DEX on Polygon zkEVM and Linea, Revolutionizing Liquidity Provision
25.12.2023
PRESS RELEASE. TAIPEI, December 25th 2023 – Dyson Finance, the game-changer in Decentralized Exchanges (DEX), has made waves in the past quarter on Polygon zkEVM and Linea, challenging the norm of DEXs grappling with Liquidity Provider (LP) profitability. In an impressive feat, Dyson Finance...