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Hong Kong Financial Regulator Prepared to Accept Applications for Spot Crypto ETFs
22.12.2023
Source: Adobe/leungchopan Hong Kong’s Securities and Futures Commission (SFC) has expressed its readiness to consider applications for spot crypto exchange-traded funds (ETFs). The SFC and the Hong Kong Monetary Authority (HKMA) have issued a joint circular addressing the increasing interest...
Ripple CEO Brad Garlinhouse Fires At SEC Over Crypto Noncompliance Comments
22.12.2023
Source: Adobe/Kristina Blokhin Ripple CEO Brad Garlinghouse has lashed out at the US Securities and Exchange Commission (SEC) chair Gary Gensler, accusing him of “stunning hypocrisy” in the crypto industry. Garlinghouse’s criticism comes in response to Gensler’s recent...
Scammers Banked $59 Million in Crypto Exploiting Google Ads
22.12.2023
Source: Adobe / zedtox Scammers have over the past nine months used a wallet-draining service named “MS Drainer” to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google...
Over 385 Million USDT on Ethereum Stolen via Pig Butchering in Just Two Years + More News
22.12.2023
Source: AdobeStock / Dang 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: Over 385 Million USDT on Ethereum Stolen via Pig Butchering in Just Two Years MoonPay Launches MoonPay Checkout...
Is Sei Going to Zero? SEI Price Drops 13% as Latest Meme Coin Surges Past $4 Million Milestone
22.12.2023
Sei Network (SEI), an open-source layer-1 blockchain, has undertaken a localized -13% retracement following the +20% SEI price surge – leaving some panicked traders asking ‘is Sei going to zero’?. The initial pump came as markets flipped bullish on Sei Network’s promise of empowering...
Merging Crypto and TradFi: Mastercard Backs Fideum Group as Winner of Lighthouse FINITIV Program
22.12.2023
Source: mclighthouse.com Financial aggregator Fideum has been announced as the winner of the Mastercard Lighthouse Finitiv program on its path to merge crypto and traditional finance. According to the press release, Fideum received a “double award”: as the regional Baltic class winner...
Mina Protocol Price Prediction as MINA Up 81% YTD – Going Higher in 2024?
22.12.2023
Source: Dall•E 3 The Mina Protocol price has fallen to $0.872462 today, representing a 6% drop in 24 hours as the wider market gains by 1%. Despite this dip, MINA remains up by a healthy 13% in a week and by 42% in the last 30 days, with the altcoin also having risen by 81% […]
The post Mina...
XRP Price Prediction: Can XRP Overtake Solana Again Before 2024?
22.12.2023
Source: Dall•E 3 The XRP price has remained steady in the past 24 hours, sticking to $0.620626 as the crypto market as a whole rises by 1.5% today. XRP’s performance has disappointed in recent weeks, with the altcoin actually down by 1.5% in a week and by 4% in a fortnight. This...
BitMEX Co-founder Sells Solana for Ethereum, Predicts ETH Price to Reach $5,000
22.12.2023
Source: a video screenshot, Youtube BitMEX co-founder Arthur Hayes says he has sold Solana (SOL) and bought more Ethereum (ETH) despite the recent bullish momentum recorded by SOL. In a post on X (formerly Twitter), Hayes stated that he had received an inspiration to support Vitalik Buterin’s...
Solana Struggles With Saga Phones Inventory Amid Excessive Demand
22.12.2023
Source: Solana / edited by Hongji Feng Solana is facing inventory management challenges with its newly released Saga phones, leading to a series of order cancellations, according to a Solana Mobile post. The complications arose when an inventory management issue with Solana’s third-party...
El Salvador Passes Law to Offer Citizenship to Foreign Bitcoin Investors
22.12.2023
Source: Pixabay / 12019 El Salvador‘s Congress has passed a new law enabling foreign citizens to obtain citizenship by investing in Bitcoin, according to Reuters. On Dec. 21, the Salvadoran unicameral legislature, dominated by President Nayib Bukele‘s New Ideas party, voted in favor...
Solana (SOL) Flips BNB, Gains 17% in 24 Hrs to Become Fourth Largest Crypto
22.12.2023
Solana. Source: Adobe The price of Solana (SOL) gained as much as 17.15% within the last 24 hours in a massive rally to become the fourth largest crypto in terms of market cap. As of writing, SOL is trading at $98.63, boasting a market capitalization of nearly $42 billion. This surge propels Solana...
SEC Chair Gary Gensler Gets Community Noted on X for Warning Against Crypto
22.12.2023
SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo Finance US SEC chair Gary Gensler earlier posted a video message on X warning crypto firms against non-compliance and calling the space “wild west.” Elon Musk-owned X, formerly Twitter, was quick to add community notes...
Russia’s Digital Ruble ‘Will Affect Banks’ Liquidity’ – Report
22.12.2023
Source: Yevgeniy Vershinin/Adobe Russia’s digital ruble will affect the commercial banking sector’s liquidity, experts have claimed as the nation prepares for a CBDC rollout. Per the media outlet Comnews, Russian financial industry experts expressed mixed feelings about the CBDC at a banking...
Circle Obtains Conditional Registration in France, Names Operations Leader
22.12.2023
Source: AdobeStock Stablecoin issuer Circle has secured conditional registration as a Digital Asset Service Provider (DASP) from the French Financial Markets Authority (AMF). We have achieved a significant early milestone in establishing our European regulatory platform by securing a conditional...
Big Rise in New Spanish Crypto Firms Recorded in 2023, Says Central Bank
22.12.2023
Source: bin/Adobe Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023. Per data released by the bank, as well as a report from Criptonoticias, the bank has recently given some 30 firms operating permits. The list of Bank of Spain-approved crypto...
Ethereum’s Upcoming Upgrade ‘Cancun-Deneb’ Set to Begin Testing on January 17
21.12.2023
Source: AdobeStock / Sergey Nivens Ethereum’s upcoming upgrade, “Cancun-Deneb” (also known as “Dencun”), is set to begin testing on January 17, as per an official note published on the Ethereum Github repository. According to the latest Ethereum All Core Developers...
Coinbase Expands Into France With Acquisition of VASP License Ahead of MiCA
21.12.2023
Source: Pixabay Coinbase has received regulatory approval from France’s Financial Markets Authority to conduct business as a digital asset trading venue. According to a CNBC report published on Tuesday, Coinbase has secured a virtual asset service provider (VASP) license from the Financial Markets...
Deepfake Youtube Scam Involving Ripple CEO Brad Garlinghouse Uncovered by Redditors
21.12.2023
Source: Pixabay Reddit users have identified a deepfake video of Ripple CEO Brad Garlinghouse asking XRP holders to transfer coins to a certain address, with the promise of doubling their original investment. Redditor GabeSter shared the deepfake video in a Reddit thread posted on r/Cryptocurrency...
Ethereum Will Continue Losing Ground To Bitcoin: Glassnode
21.12.2023
Source: Pixabay / vjkombajn The price of Ethereum (ETH) has continuously lost ground to that of its older brother, Bitcoin (BTC), throughout the year – and on-chain data suggests it will continue to do so. As of Thursday, Bitcoin’s market cap dominance stood at 53.3%, versus Ethereum’s 16.7%. A...