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South Korean Supreme Court Jails $153m Crypto Fraudster for 10 Years
20.12.2023
Source: alswart/Adobe South Korea’s Supreme Court has jailed a crypto fraudster who amassed $153 million for 10 years, upholding a sentence handed out in February. The man, surnamed Ko, was the CEO of a crypto firm that called itself QRC Bank. He was convicted of defrauding some 5,400 crypto...
Zooko Wilcox Ends Eight-Year Association With Company Behind Privacy Coin Zcash
20.12.2023
Zooko Wilcox, the CEO of Electric Coin Co., revealed on Dec. 18 that he is ending his eight-year association with the entity which is behind the privacy coin zcash. Despite leaving his role as the company’s top executive, Wilcox said he remains committed to anything focused on human freedom....
Crypto Industry Funnels $78 Million Into War Chest to Elect Pro-Crypto Candidates in 2024 Elections
20.12.2023
Prominent crypto companies and leaders have contributed to a war chest to support pro-crypto candidates in the 2024 elections, amassing $78 million to date. “The U.S. cannot afford to continue taking a back seat on the global stage. Regulatory overreach (esp from the SEC) is actively moving...
Bitcoin Price Prediction as BTC Rises 5.30% to $43,000 – Can It Sustain This Growth?
20.12.2023
In the dynamic world of digital currencies, Bitcoin (BTC) has once again made headlines with a remarkable surge, surpassing the $43,000 threshold. This leap contributes to a significant uptick in the global crypto market cap, which now stands at an impressive $1.61 trillion, marking a 3.82%...
Is The Celestia Hype Done, or Have Other Tokens Taken Over?
20.12.2023
TLDR NuggetRush partnerships with gold providers make it outstanding in the crypto market. Celestia’s scalability through execution and consensus separation draws attention. Retik Finance’s seasoned professionals and recent gold sponsorship at the World Blockchain Summit boosted its reputation....
Bitcoin (BTC) Cools Off after strong rally, while InQubeta (QUBE) presale keeps Momentum
20.12.2023
The crypto market is witnessing a fascinating juxtaposition of events. While Bitcoin (BTC) takes a breather after its recent rally, a new ICO, InQubeta (QUBE) is gaining unprecedented momentum. This scenario paints a picture of a crypto landscape that is rapidly evolving, fueled by investor...
Spot Bitcoin ETFs Poised to Tap $30 Trillion Market, Says Grayscale CEO
20.12.2023
Grayscale Investments expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to allow the $30 trillion advised wealth market to gain exposure to bitcoin. “I do think there is a lot of optimism in the market,” said...
ETHW Core Team Dissolved Just Weeks After Pleading for Funds to Maintain Servers
20.12.2023
The Ethereum Proof of Work (ETHW) core development organization has been dissolved to help the protocol achieve full autonomy. In late November, the ETHW team pleaded for $200,000 in funding to maintain servers and recruit part-time engineers. ETHW Core team’s development approach has been...
Best Crypto to Buy Now December 19 – Sei, Injective, VeChain
19.12.2023
Sei, Injective, and VeChain price momentum make them potential choices for the best cryptos to buy now, while new presales Sponge V2 and Bitcoin Minetrix gain their own momentum. Image by cryptonews.com. The SEI price has risen more than 50% over the past two days to reach a new all-time high. With...
Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity
19.12.2023
As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and institutional practices. Coinbase’s 80-Page 2024...
Crypto Derivative Platform Hegic’s Profitable DeFi Strategy Could Spark Probe From SEC – Here’s Why
19.12.2023
Source: Adobe Hegic, a crypto derivatives trading platform, may have just exposed itself to an insider trading probe from the U.S. government following a profitable but sketchy trade with an affiliate company. The platform recently scored $17 million when its pseudonymous founder, Molly Wintermute...
Blockchain Association’s Employment of ‘Small Army’ of Former Security Officials Angers US Senator Elizabeth Warren
19.12.2023
U.S. Senator Elizabeth Warren has criticized the Blockchain Association’s use of former security officials to push back against her attempts to link crypto to terrorism funding. Warren claimed that the ease with which U.S. officials can leave their positions in government to work as lobbyists shows...
Vitalik Buterin’s $1 Million Ethereum Transfer to Coinbase Sparks Speculation
19.12.2023
Monitoring of high-profile crypto addresses by onchain analysts has recently revealed that Ethereum co-founder, Vitalik Buterin, transferred 500 ETH, valued at slightly over $1 million, to Coinbase. This action is part of a pattern, following Buterin’s previous transfers to exchanges...
7 Predictions About the Crypto Lending Landscape in 2024
19.12.2023
Crypto Asset Manager HashKey Capital Secures CMS License from Monetary Authority of Singapore
19.12.2023
Image Source: HashKey Group HashKey Capital’s Singapore subsidiary has obtained a central bank license from the Monetary Authority of Singapore. On December 19, HashKey Capital Singapore announced that it had been granted a full Capital Markets Services (CMS) license by the Monetary Authority...
How Asia Drives the Next Crypto Bull Market
19.12.2023
With substantial developer communities, flourishing Web3 scenes, and a headstart in SocialFi, Asia’s blockchain hotpots are primed to lead the next cycle of crypto adoption
The Bitcoin Fee Flippening Is Upon Us
19.12.2023
Crypto Whales are Accumulating This AI Crypto Token Before it Lists on Exchanges – Here’s Why
19.12.2023
Crypto whales are stocking up on the AI crypto token yPredict in anticipation of major price gains when it lists on exchanges. Image by Kerem Goktug Kaya, DALL-E 3. Keeping an eye on whale activity in the crypto market can lead to promising opportunities. These influential traders and investors...
SEC’s Preference Prevails: Blackrock Adopts Cash Model for Spot Bitcoin ETF
19.12.2023
Blackrock, the world’s largest asset manager, has acquiesced to the U.S. Securities and Exchange Commission (SEC)’s preference for the cash creation model rather than the in-kind model for its spot bitcoin exchange-traded fund (ETF). “Blackrock has gone cash only. That’s basically...
ETFs, Halving, Upgrades – What to Expect With Bitcoin Next Year
19.12.2023
2024 promises to be a year of continued expansion for Bitcoin, says Cory Klippsten, CEO of Swan