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Crypto Giant Coinbase to Enhance EU Presence with Key Derivatives Acquisition
6.1.2024
Source: Adobe / Rafael Henrique Coinbase has revealed plans to offer crypto-linked derivatives in the European Union (EU) market. The company has reportedly told CNBC that it has entered into an agreement to acquire an unnamed holding company, which holds a MiFID II license. MiFID II,...
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.”...
Binance Assigns Monitoring Tag to Privacy Coins, Including Monero and Zcash
6.1.2024
Binance, the largest cryptocurrency exchange, has recently announced that it will start monitoring ten new projects, including privacy blockchains like Monero, Firo, Mobilecoin, and Zcash. Binance reported that these projects might be delisted in the future, failing to meet the criteria required...
Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years
6.1.2024
Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC) to launch its spot bitcoin ETF....
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...
New Year, New Record — Bitcoin’s Difficulty Rises 1.65% in First 2024 Retarget
6.1.2024
Bitcoin’s network difficulty experienced its first increase of 2024 on Jan. 5, at block height 824,544, rising 1.65% to an unprecedented network peak of 73.2 trillion. This inaugural adjustment of the year succeeds the 27 dynamic shifts witnessed in 2023, including a total of 20 increases....
Weekly Crypto Highlights: NEAR Protocol Jumps 80% in a Month, Galaxy Fox Eyes 15% Increase
6.1.2024
Market optimism reaches all-time highs, and consensus amongst analysts is that 2024 will be a generational bull market. Risk assets on the long tail of the spectrum, such as cryptos, will be the largest gainers. Wise investors are making a game plan by putting together a list of the top 10 cryptos...
Bitcoin (BTC) Scores Big in the NFL; Solana (SOL) & Borroe Finance (ROE) Hold Strong in Uptrend
6.1.2024
In the ever-intersecting worlds of sports and finance, Bitcoin (BTC) just made a major touchdown in the NFL, signaling a new era for cryptocurrency in mainstream sports. Meanwhile, in the crypto market, Solana (SOL) and Borroe Finance ($ROE) are displaying impressive strength in their uptrend...
Shiba Inu’s Shibarium Hits Key Milestone; Investors Focus Shifts to Decentraland and Borroe Finance
6.1.2024
In the ever-evolving crypto landscape, Shiba Inu’s Shibarium is making waves, hitting a major milestone faster than its peers. But that’s not all the buzz in the crypto world. Investors are now turning their eyes to other exciting prospects like Decentraland and Borroe Finance, which...
‘Blockchain Basics Act’ Introduced in Missouri Takes the Bitcoin Regulation Battle to State Level
6.1.2024
The Blockchain Basics Act, introduced recently into the Missouri State House, seeks to guarantee crypto-related rights, including self-custody, transacting, mining, and staking, to the state’s people. Proposed by Rep. Phil Christofanelli, the bill aims to take the crypto legislation fight...
Celsius Network Unstakes Ethereum Holdings Amid Reorganization Efforts
5.1.2024
The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve outstanding liabilities. Crypto Lender Celsius...
Experts Weigh in on Bitcoin ETF Approval As Sell-the-News Event
5.1.2024
As the SEC’s decision on bitcoin ETFs looms, market participants prepare for market impact. Analysts reflect on the possibility of a “buy the rumor, sell the news” situation. A Bitcoin ETF Approval Could Trigger Major Market Movements With the cryptocurrency community eagerly...
Best Crypto to Buy Today January 5 – Celestia, Aptos, Osmosis
5.1.2024
Celestia, Aptos, Osmosis, Sponge V2, and TG.Casino are top options for the best crypto to buy today. Image by cryptonews.com. With major technical advancements and their prices hitting record levels, Celestia, Aptos, and Osmosis are seeing rising investor interest, driving the cryptocurrencies into...
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
5.1.2024
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion, concluding the month with $135.86 billion in finalized...
North Korea Stole Over $600 Million in Crypto in 2023: Report
5.1.2024
North Korea was responsible for greater than $600 million worth of crypto being stolen in 2023, blockchain intelligence company TRM labs announced Friday. State-sponsored attacks supporting weapons of mass destruction According to TRM Labs’ latest report, the analytics data firm suggests that...
Crypto Firms Across the UK Begin to Roll Out Risk Assesments Ahead of Monday Deadline
5.1.2024
A number of cryptocurrency firms operating in the U.K. are rolling risk assessments ahead of new rules set out by the Financial Conduct Authority (FCA) expected to begin on Monday, January 8th. Key players take action So far, key crypto players such as Coinbase, Gemini, and OKX have all implemented...
Crypto Analysts are Bullish on This AI Crypto Coin – Here’s Why
5.1.2024
New AI crypto trading platform Launchpad XYZ is opening up institutional-grade analytics to retail investors. Image by Kerem Goktug Kaya, DALL-E 3. In the age of big data, artificial intelligence is becoming a game changer across industries. Nowhere is this more apparent than in finance, where...
How to Buy 5th Scape Token 2024 – Easy Guide
5.1.2024
5thScape is a new crypto project heralding the future of augmented reality (AR) and virtual reality (VR) technology. This project is building its own VR headset and developing a wide range of VR games that promise to be more immersive than anything that exists today. 5thScape has the potential...
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...