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Solana (SOL) and Pandoshi (PAMBO) to Outperform Cardano (ADA) in 2024
6.1.2024
As we look ahead to 2024, the cryptocurrency market is brimming with potential and competition. Among the myriad of digital currencies vying for dominance, two names are drawing particular attention for their projected performance: Solana (SOL) and Pandoshi (PAMBO). Both are poised to make...
Harvesting the Digital Skies: The Controversial Practice of Airdrop Farming
6.1.2024
As the crypto economy burgeons, a new trend called airdrop farming is taking root, offering both promise and pitfalls. The following is an exploration of this emerging practice, unraveling its intricacies, potential rewards, and the controversies it stirs. The Double-Edged Sword of Airdrop Farming:...
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
6.1.2024
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on any of its “public-facing vaults.”...
Crypto Vision Conference 2024 – Philippines: “Decrypting the Crypto Market Outlook for 2024”
6.1.2024
Be ready on a journey of discovery and insight at this pivotal event, where the future of cryptocurrency and digital finance takes center stage. Unlock the future prospects of the crypto market at the Crypto Vision Conference 2024 in Makati, Philippines! Event Overview The Crypto Vision Conference...
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...
South Korean Tax Accountant: Digital Assets Held in Non-Custodial Wallets Not Subject to Overseas Reporting Requirement
5.1.2024
South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial account reporting requirement. According to a South Korean tax accountant, only virtual assets held on overseas centralized...
Financial Advisors Skeptical About 2024 Spot Bitcoin ETF Approval, Survey Finds
5.1.2024
Source: Adobe / Mangostar A new survey from digital asset management firms Bitwise and ETF data provider VettaFi has revealed a notable disparity in expectations among financial advisors regarding the approval of a spot Bitcoin ETF in 2024. While the survey indicated persistent client interest...
Polychain Warns Users Against Engaging with CEO’s X Account Following Hack
5.1.2024
Source: AdobeStock / Tomasz Bidermann Digital assets fund management company, Polychain Capital has urged users not to interact with the X (formerly Twitter) account of its CEO following a hack. In a Jan 4 X post, the platform acknowledged the breach on the account of its CEO Carlson Wee asking...
Vocal XRP Advocate John Deaton Volunteers to Testify at Crypto Hearing
5.1.2024
Source: Pixabay Renowned crypto lawyer John Deaton has volunteered to testify at a congressional hearing on cryptocurrencies scheduled for January 10. On Thursday, Deaton took to X (formerly Twitter), expressing his willingness to represent the interests of several individual token holders....
Bitcoin Price Prediction: Marathon Digital’s Record Mining Boosts BTC Amid ETF Hopes
5.1.2024
In the dynamic world of cryptocurrencies, Bitcoin stands at a pivotal juncture, trading at $43,631 with a notable increase of 0.96% on Friday. This upswing is partly attributed to Marathon Digital’s record-breaking achievement in December, mining an impressive 1,853 Bitcoins. Amidst...
Marathon Digital Mines Record 1,853 BTC in December, up 56% from November
5.1.2024
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Marathon Digital has set a new production record by mining the highest amount of Bitcoin in a single month. In a press release on January 4, the Florida-based firm announced that it successfully mined 1,853 Bitcoin during December...
Gamma Strategies Identifies Root Cause of Exploit Attack, Attempts Negotiation for Fund Return
4.1.2024
Source: iStock / JuSun The protocol managing liquidity on the Ethereum blockchain, Gamma Strategies, has initiated a bounty negotiation with the attacker responsible for stealing $3.4 million worth of digital assets. The attack was discovered by blockchain defense company PeckShield on January...
Visa Unveils Web3 Loyalty Program
4.1.2024
Visa announced a web3-based loyalty program for its customers Thursday in the hopes of creating an immersive,valued-added experience for its users. “Seamless and immersive digital real-world experiences” According to a press release from the payment services company, the newly launched service...
Binance Threatens Delisting of 10 Privacy Coins, Including Monero and Zcash Amid Regulatory Crackdown
4.1.2024
Binance threatened to delist prominent privacy cryptocurrencies Monero and Zcash due to increased regulatory attention surrounding anonymous digital assets. Image by Vadim Artyukhin, Unsplash. On Thursday, Binance warned it may soon delist 10 prominent privacy coins, including Monero, Zcash,...
Crypto for Advisors: Digital Assets in 2024
4.1.2024
Are you ready to talk about crypto investing with your clients? CoinDesk’s Kim Greenberg collaborated with Adam Blumberg and DJ Windle to provide a guide to getting “Digital Asset Ready” as this year is sure to be interesting
Senator Thom Tillis Adds Voice in Opposition to Warren’s Anti-Crypto Bill
4.1.2024
Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter. Tillis’ “significant concerns” Tillis’ letter, originally published by Porter to...
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
4.1.2024
CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage of the e-rupee (CBDC) "exceeded the milestone of 1 million transactions in a day on Dec. 27, 2023." A separate letter from one of the banks participating in...
Bitget’s Resilience and Growth Strategy in the Crypto Bear Market: Gracy Chen Explains
4.1.2024
Source: Bitget Cryptocurrency exchange Bitget went forward with key investments amid the digital asset winter setting the tone for favourable market conditions in the future. In a Jan 4 interview with Colin Wu, the Bitget executive explained the role the exchange took in the bear market,...
The Road to Digital Euro: ECB Publishes Crucial Rulebook Draft
4.1.2024
Source: Adobe/Christian The European Central Bank (ECB) has unveiled progress in the development of the digital euro, with the publication of a report detailing the advancements made by the digital euro scheme’s Rulebook Development Group (RDG). The update follows a June 2023 report from...
India’s Digital Rupee Hit 1 Million Daily Transactions in December: Report
4.1.2024
Source: AdobeStock / picsmart India’s digital rupee hit 1 million daily transactions in December, aligning with the Reserve Bank of India’s targeted goal for daily transactions by the end of 2023, Reuters reported. The central bank digital currency (CBDC), known as the e-rupee,...