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Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval + More Crypto News
15.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval Tokenization is Future of Finance, Despite Slump...
Craig Wright’s Satoshi Claims Challenged in Intense UK Court Cross-Examination
15.2.2024
Craig Wright, the Australian computer scientist claiming to be Satoshi Nakamoto, faced a rigorous week-long cross-examination. The proceedings, which unfolded in the U.K. High Court, saw Wright defending his assertion against the Crypto Open Patent Alliance (COPA) and a coalition of Bitcoin...
Protocol Village: QuickNode Adds Support for ZkSync Hyperchains
15.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21
2024’s crypto gems: Expert predictions you need to act on now
15.2.2024
As the crypto market gears up for the Bitcoin (BTC) halving event and expected bull run, experts have been busy identifying the best crypto coins for massive gains in 2024. Memeinator tops the list with its exciting narrative, outstanding tokenomics, and incredible presale performance. With only...
First Mover Americas: Crypto Remains Resilient as Japan, UK Slip Into Recession
15.2.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees
15.2.2024
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC...
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
15.2.2024
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022, and centralized exchanges remain the primary destination
Bitcoin Soars Above $52K, Yet Public Interest Shows Decline, Google Trends Data Reveals
15.2.2024
As bitcoin’s value surged to $52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest. Currently, global metrics from the last 90 days reveal the search term “bitcoin” holds a score of 36 out of 100, significantly less...
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
15.2.2024
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023....
Deutsche Börse Group’s Crypto Subsidiary Granted Four Licenses by the German Regulator
15.2.2024
A subsidiary of the German multinational company Deutsche Börse Group has been granted four licenses by the German Federal Financial Supervisory Authority or Bafin. The licensing of the subsidiary helps to distinguish its product offering “as one of the few to meet these exceptionally high...
Digital wallets: Empowering crypto asset management & security
15.2.2024
Cryptocurrencies have gained tremendous popularity worldwide, providing secure storage solutions and payment systems across different sectors, industries, and nations. In cryptocurrencies and digital assets, wallets play a crucial role in safeguarding and managing cryptocurrencies. A digital wallet...
Does rising dominance of Tether pose risks to the crypto market?
15.2.2024
Stablecoins are unique crypto coins specifically known for their peerless stability in their values. One of the best examples of the most popular stablecoins out there is Tether, which has grabbed the attention of worldwide investors due to its unique value stability. However, Tether’s value...
Crypto Miner Phoenix Group Reports 50% Jump in Net Income
15.2.2024
UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...
SEC Obtains Investigative Subpoena Against NovaTech Crypto Investment MLM Promoters
15.2.2024
The United States Securities and Exchange Commission (SEC) has announced that it obtained a court order to enforce an investigative subpoena against two NovaTech crypto investment scheme promoters. In a recent press release, the financial regulator disclosed updates in its investigation against...
Gary Gensler clarifies crypto stance post-Bitcoin ETF approval
15.2.2024
Gary Gensler, the SEC Chair, recently interacted with the media and clarified the Commission’s stance concerning Bitcoin and other cryptocurrencies. For reference, Spot Bitcoin ETF applications were approved on January 10, 2024, sparking speculation that more crypto ETFs would make their...
Stablecoins Are the ‘Biggest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Bank Governor
15.2.2024
The New Zealand Central Bank governor, Adrian Orr, recently branded stablecoins “the biggest misnomers” and “oxymorons.” Orr also rejected the notion that cryptocurrencies could serve as a replacement or supplement to central bank-issued money. Stablecoins Not a Viable...
Prominent Crypto Attorney Contemplates 2024 Senate Run Against Elizabeth Warren
15.2.2024
John Deaton, founder of Crypto Law and a prominent attorney in the SEC vs Ripple lawsuit, is reportedly considering running as a Republican against crypto-critic Senator Elizabeth Warren in the 2024 US Senate elections in Massachusetts. Deaton is taking a “serious look” at the Senate run and will...
Over 1 Million Telegram Users Sign Up on NEAR Protocol’s Self-Custodial Wallet in 10 Days
15.2.2024
Over 1 million Telegram users have created wallets using HERE, the self-custodial wallet designed for the NEAR Protocol (NEAR), within a span of just 10 days. In a recent note shared with Cryptonews.com, NEAR said users had already created 300,000 wallets within the first 48 hours of its launch...
South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions
15.2.2024
Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work plan incorporates the insights of cryptocurrency...
Bitcoin ETFs Pose Long-Term Threat to Public Crypto Miners: Galaxy
15.2.2024
Spot Bitcoin ETFs present long-term competition for publicly traded cryptocurrency miners, according to a Galaxy Research report published Wednesday. Galaxy analysts said that before these ETFs were approved, public mining stocks were one of the few ways investors could gain exposure to Bitcoin...