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Circle CEO Says Investors Should Have Exposure to Bitcoin in Complex Geopolitical Environment
16.12.2023
Circle CEO Jeremy Allaire says in a complex geopolitical environment, bitcoin is an asset that investors should have some exposure to. He emphasized that “digital commodities are here to stay,” noting that bitcoin is the largest digital commodity asset. The executive also believes...
Finance Professor Blasts SEC’s Potential Cash-Only Rule for Spot Bitcoin ETFs Citing Benefits of In-Kind Model
16.12.2023
A finance professor at Georgetown University has urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation/redemption process for spot bitcoin exchange-traded funds (ETFs). While the SEC proposed the cash creation method, applicants like Blackrock and Fidelity have...
Verida and inDAO Team Up to Help Uzbekistan Adopt Web3 Tech
15.12.2023
Source: Pixabay inDAO, a specialized organization focused on incorporating blockchain technology into daily life, and Verida, a provider of self-sovereign digital identity solutions, have formed a partnership with the goal of promoting the widespread adoption of Web3 in Uzbekistan. The partnership...
Bitcoin Celebrates One Year of Ordinal Inscriptions With 48 Million Mark Hit, Signaling Longevity Despite Ongoing Debate
15.12.2023
On Dec. 15, 2023, a significant milestone was achieved in the Bitcoin blockchain world, just a day shy of the anniversary of the first Ordinal inscription. The total count of Ordinal inscriptions has impressively hit the 48 million mark. Despite initial skepticism about their longevity, these...
Is It Too Late to Buy ORDI? ORDI Price Boosts 32% as the Latest Meme Coin Approaches Exchange Listing
15.12.2023
The first ever BRC-20 token Ordinals (ORDI) has exploded +32% in a dramatic push out of consolidation, but with retracement threatening structure – is it too late to buy ORDI? This comes amid a wider rally for BRC-20 tokens, following a wave of Binance listings that have triggered upside...
Is Cardano Going to Zero? ADA Price Slips 3% as Crypto Markets Rally – Will This Mining Protocol Go Viral?
15.12.2023
Recent weeks have seen a strong recovery by #8 ranked cryptocurrency Cardano (ADA), yet ADA Price has slipped -3% despite an impressive resurgence in the ecosystem’s valuation, leaving some dejected holders asking ‘is Cardano going to zero?’. The downtick contrasts Cardano’s...
Bank of Korea Governor Calls for Action on CBDCs
15.12.2023
Source: AdobeStock South Korea’s central bank governor Lee Chang-yong is calling for action around central bank digital currencies (CBDC) which he says have become imperative and there is an urgency that can no longer be postponed. The Bank of Korea has not yet decided whether or not to issue...
As Strange ‘4096’ Token Boosts Up 1,200% Overnight, This Bitcoin ETF Project Just Hit $4 Million
15.12.2023
A strange new meme coin, 4096 token ($4096) has exploded +1,200% overnight, as traders flock to the unique tokenomic propositions. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including...
What to Buy Before Christmas: Shiba Inu or Retik Finance?
15.12.2023
Shiba Inu (SHIB) and Retik Finance (RETIK) both have unique qualities to the table, each with its own set of advantages and considerations. Let’s delve into the factors that might influence your decision on whether to buy Shiba Inu or Retik Finance before Christmas. Shiba Inu (SHIB) Shiba...
Hong Kong Firms Make First Cross-border Digital Yuan Commodity Payments
15.12.2023
Source: leungc/Adobe Hong Kong-based firms have made the first “cross-border” commodity payments with the Mainland Chinese digital yuan, as the CBDC takes its first international steps. Per Hong Kong Today, several Hong Kong firms took part in the Bank of China (Hong Kong)’s “Enterprise Digital...
Blockchain Firm Ledger Confirms Library ConnectKit Compromise
15.12.2023
Source: iStock/welcomia Hardware wallet provider Ledger has warned users to avoid connecting to any supported decentralized applications (dApps) using its software due to a compromise in its Library ConnectKit. According to information shared on its X (formerly Twitter) handle, a malicious version...
DOJ Charges Four Individuals for Laundering Millions in Pig Butchering Scheme
14.12.2023
Four individuals have been charged by the Department of Justice for their alleged roles in a scheme designed to launder millions in proceeds of a cryptocurrency investment scam, according to a recently unsealed indictment. Over $80 million stolen According to a Thursday press release from...
Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience
14.12.2023
Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms better...
Bitcoin Transaction Fees Spike Amid Rising Backlog and Relentless Ordinal Inscription Trend
14.12.2023
Bitcoin transaction fees have surged again. On Dec. 6, 2023, bitinfocharts.com reported that the average cost of a bitcoin transaction soared to $27.55. Presently, the average transaction fee hovers around $13.93, alongside a growing backlog of unconfirmed transactions, currently at 249,000 at...
Breaking: Ledger Removes Bug Allowing Popular Decentralized Applications To Be Compromised – Here’s the Latest
14.12.2023
Source: iStock / welcomia Multiple popular decentralized applications (dApps) have been compromised following a hack against a popular Web3 connector on Wednesday, numerous software experts confirmed on Thursday. “Do not interact with ANY dApps until further notice,” warned Matthew Lilley, CTO...
As DONK Meme Coin Skyrockets 4.5x Overnight, This Niche Crypto Has Clinched $3.9 Million – 100x Potential in 2024?
14.12.2023
As DEX launched spin-off tokens continue to post jaw-dropping rallies, DONK token has emerged as the latest skyrocket after embarking on skyrocket 4.5x price pump. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant...
Is It Too Late to Buy Bonk? BONK Price Soars 80% as Telegram-Based Crypto Casino Approaches Launch – Next Big Thing?
14.12.2023
Solana-based meme coin Bonk has undertaken a huge +80% price explosion, fuelling FOMO amongst retail traders left asking – is it too late to buy BONK? BONK’s huge pump appears to have been triggered by the announcement of an upcoming Coinbase listing, set for later today at 9AM PT...
South Korea to Prioritize Innovation in Next Phase of Crypto Regulations
14.12.2023
Source: Pexels South Korea’s authorities have expressed a commitment to balance investor protection with fostering technological innovation in next phase of crypto regulations. Kim So-young, Vice Chairman of the Financial Services Commission, emphasized the need for regulations to strike this...
Justin Sun Says Customer Assets Are 100% Safe Despite $200 Million Hacked From Exchanges
14.12.2023
Source: YouTube / CNBC Customer deposits at sibling crypto exchanges HTX and Poloniex are “100% safe” despite multiple recent hacks, according to Justin Sun – the owner of both platforms. In conversation with CoinDesk, said that both platforms have recovered from the hack, and have already resumed...
Coinbase Announces Spot Crypto Trading for Non-US Investors
13.12.2023
Coinbase announced the launch of spot trading for non-US investors on its international exchange on Wednesday, marking the latest phase of the company’s global expansion. The start of something new Beginning on Thursday, December 14th, non-US institutional clients will be able to trade Bitcoin...