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Nalezeno "Altcoin": 9438

Coinbase Crypto Wallet Offers “Simple Mode” for Improved UX: CEO Armstrong


Source: Adobe Brian Armstrong, the CEO of Coinbase crypto exchange, has explained that the wallet modifications, launched last week, focus on payments. On December 5, Coinbase announced enhanced features on its wallet app in a move to facilitate seamless money transfers. The update aims to simplify...

FTX Debtors Challenge IRS Over Whopping $24 Billion Tax Claim


Source: Adobe / Александр Поташев Debtors of FTX have raised concerns over the Internal Revenue Service’s (IRS) claim of $24 billion in taxes, warning that it could impede the return of customer funds.  In a filing submitted on Sunday, the debtors argued that their earnings were nowhere near...

Trial of ‘Art-themed Altcoin Fraudster’ Underway in South Korea


Source: icedmocha/Adobe The trial of a suspected crypto fraudster who allegedly told victims they were investing in an art-themed altcoin and NFTs has begun at court in Gwangju, South Korea. According to Munhwa Ilbo, prosecutors say an individual surnamed Tak, aged 44, “defrauded” 13 “victims”...

Russian Central Bank Tempers Talk of 2024 Digital Ruble Rollout


Source: I/Adobe The Russian Central Bank is playing down talk of a 2024 rollout for its digital ruble – insisting that the coin will not be ready for nationwide use before 2025. Per Tass, the bank’s press service said that while it was ready to go ahead with an “expansion” of its existing 13-bank...

Galaxy Digital CEO Mike Novogratz Admits He Was Wrong About XRP and Altcoins


  Source: Galaxy Gives Mike Novogratz, Founder and CEO of Galaxy Digital admitted that he was wrong about XRP in an interview. Novogratz also said that altcoins are currently store of value and might have utilities in the future. Novogratz was originally skeptical about XRP, especially...

Tether Freezes Tokens of Sanctioned Individuals Listed by OFAC


Source: Pixabay Tether (USDT), the company behind the world’s largest stablecoin, has frozen the wallets of individuals sanctioned by the U.S. Office of Foreign Asset Controls (OFAC).  In a recent announcement, the company said it aims to prevent potential misuse of its tokens and enhance...

Bitcoin Price Briefly Drops Below $41,000 Amid Broader Market Correction


Source: DALL·E Bitcoin price has just dropped below $41,000 briefly, undoing almost a week’s gains before a bounce back. Other major cryptocurrencies including Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA) were also down over 5%. According to TradingView, the price of Bitcoin made a sharp...

‘All Russians’ Will Be Able to Use Digital Ruble in 2024 – Moscow


Source: petert2/Adobe The Russian government wants to fast-track the launch of the digital ruble – and now claims that all citizens will be able to use the CBDC in 2024. The Central Bank has previously claimed that Russians may have to wait until 2027 for a full nationwide rollout. But in recent...

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