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S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings
13.12.2023
In a combination of both traditional and decentralized finance (defi) sectors, S&P Global Ratings has announced the launch of its stablecoin stability assessment. The latest tool aims to evaluate the ability of stablecoins to maintain their value relative to fiat currencies. New S&P...
Market Analysts Identify Hidden Potential in a Lesser-Known AI Crypto – Time to Buy?
13.12.2023
Launchpad XYZ’s presale traction proves investors have an appetite for its AI crypto trading tools and services. Image by Kerem Goktug Kaya, DALL-E 3. With nearly 9,000 different cryptocurrencies in existence, identifying promising projects with upside potential can seem like finding...
From Infancy to Giant — Tracing Bitcoin’s Roots in Satoshi’s Final Communication
13.12.2023
Roughly thirteen years ago, the mysterious creator of Bitcoin, Satoshi Nakamoto, posted their final message on the bitcointalk.org forum on Dec. 12, 2010. Nakamoto’s brief yet impactful message alerted the community to the ongoing need for enhancements in denial of service (DoS) attack...
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
13.12.2023
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7 Million Hack, Bounty Offered for Hacker’s...
Bitcoin Technical Analysis: Key Indicators Point to a Consolidation Phase
13.12.2023
As of December 13, 2023, bitcoin’s price stands at $41,197, showcasing a dynamic interplay between various technical indicators. The cryptocurrency’s trading journey over the past 24 hours, oscillating between $40,712 and $41,957, highlights a state of cautious optimism among traders....
Zimbabwean University Partners With Web3 Hub to Host Its First-Ever Blockchain Hackathon
13.12.2023
On Dec. 8 and 9, the University of Zimbabwe in partnership with the South Africa-based Mzansi Web3 Hub, held the learning institution’s inaugural blockchain hackathon. Taurayi Rupere, the chairman of the institution’s computer science department, said the hackathon’s goal is to produce...
Report: South African Financial Institutions Will Soon Offer Services Related to Cryptocurrencies
13.12.2023
About 73 applicants who are seeking a license to offer crypto products in South Africa are already registered as accountable institutions with the Financial Intelligence Centre, an executive at the crypto exchange Luno has said. According to the Luno executive, this may be an indication that...
World’s Largest Oil Company Saudi Aramco Partners With SBI Holdings to Potentially Invest in Digital Assets
13.12.2023
Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. SBI also contemplates the launch of a subsidiary in the Middle East to expand its influence in...
Cantor Fitzgerald’s CEO Says He’s A Big Fan of Bitcoin and Stablecoin Issuer Tether
13.12.2023
Image Source: Pixabay Howard Lutnick, the CEO of Cantor Fitzgerald says he is a fan of Bitcoin (BTC) citing the halving cycle and its decentralized nature as reasons behind the widespread popularity. Speaking at CNBC’s Money Mover podcast, the CEO commented on inflation, the reaction of the Feds...
Four Major Bitcoin ETF Issuers Have Met With SEC in Last Few Days: Bloomberg Analyst
13.12.2023
Image by Parradee, Adobe Stock In recent days, four prominent Bitcoin (BTC) exchange-traded fund (ETF) issuers have engaged in meetings with the Securities and Exchange Commission (SEC). According to Bloomberg ETF analyst James Seyffart, these issuers have been actively discussing their...
LBank Exchange Amplifies Blockchain Accessibility with FINSCHIA (FNSA) on December 14, 2023
13.12.2023
PRESS RELEASE. Road Town, BVI, December 13, 2023 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of FINSCHIA (FNSA) on December 14, 2023. Users of LBank Exchange can brace...
Galaxy Digital CEO Mike Novogratz Says He Was ‘Dead Wrong’ About XRP and Ripple
13.12.2023
Galaxy Digital founder and CEO Mike Novogratz has admitted that his past perception of XRP and Ripple was “dead wrong.” Novogratz now sees Ripple as an institution and the XRP army as a “real” organization that cares about the ecosystem and the coin. The billionaire...
Bitcoin Developer Luke Dashjr Registers Ordinal Inscriptions Workaround as a Vulnerability
13.12.2023
Luke Dashjr, Bitcoin developer and CTO of Mummalin, has registered a method that allows Ordinal inscriptions to be saved on the Bitcoin blockchain as a code vulnerability. The vulnerability, CVE-2023-50428, states that “datacarrier size limits can be bypassed by obfuscating data...
OKX DEX Exploited: Wallets Authorized to the Exchange Lost Approximately $370,000
13.12.2023
Image Source: Adobe OKX DEX, a decentralized exchange and cross-chain bridge aggregator, has been exploited, with some wallets authorized to the platform losing around $400,000. According to analysis conducted by blockchain security firm SlowMist, the issue revolves around the authorization...
FCA Has Dealt With 1,400 Cases Related to Unregulated Crypto Activity, UK Regulator Reveals
13.12.2023
The U.K. Financial Conduct Authority (FCA) has revealed that it has dealt with over 1,400 crypto cases between January 2020 and June 2023. The regulator noted that “a shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering...
US-China Rivalry Risks Cold War II, Warns IMF Official
13.12.2023
The International Monetary Fund (IMF)’s first deputy managing director has warned of the risk of Cold War II. Noting that in the Cold War, it was the U.S. and the Soviet Union, the IMF official stressed that now it is the U.S. and China. “If fragmentation deepens, we could find...
Bitcoin Sidechain Liquid Comes Back To Life Amid Ordinals Frenzy
13.12.2023
Image Source: Pixabay High network congestion on Bitcoin has prompted the revival of an old, nearly forgotten scaling solution that makes BTC transactions fast, private, and cheap. According to data from mempool.space, the Liquid Network has experienced some of its highest transaction volumes...
Senate Coalition Grows to Crack Down on Crypto’s Use in Illicit Finance
13.12.2023
U.S. Senator Elizabeth Warren’s bill to crack down on crypto’s use in illicit finance has gained more support among lawmakers. “The Treasury Department is making clear that we need new laws to crack down on crypto’s use in enabling terrorist groups, rogue nations, drug lords...
Skybridge Founder Sees Bitcoin as Multi-Trillion-Dollar Asset — Confident Jamie Dimon Will Change His Tune About BTC
13.12.2023
Skybridge Capital founder Anthony Scaramucci has predicted a multi-trillion-dollar future for bitcoin, independent of the U.S. Securities and Exchange Commission (SEC)’s spot bitcoin exchange-traded fund (ETF) decision. He also urged Senator Elizabeth Warren to learn more about Bitcoin...
Donald Trump Launches ‘Mugshot Edition’ Digital Cards With Suit Scraps and Gala Dinner Invitations
13.12.2023
Former U.S. President Donald Trump has launched a new digital trading card collection, the Mugshot Edition, and this is the first time he is also offering physical cards. Buyers who purchase 47 of these Mugshot Edition cards will receive a scrap of the suit Trump wore for his mugshot photo, along...