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BloXroute To Reject All OFAC-listed Transactions, Sparks Censorship Debate
19.12.2023
Source: Pixabay BloXroute, a blockchain infrastructure company offering DeFi tools, has announced that its relays will begin declining transactions that include addresses listed under U.S. sanctions. “Effective immediately, all bloXroute relays will reject block bids if they contain OFAC...
Bitcoin Hovers Over $41K as Memecoin, Ordinals Frenzy Clogs up Blockchains
18.12.2023
Longs continue to get liquidated as the price of bitcoin and other major digital assets gyrate
South Korean Crypto Exchanges Scrap for Survival as Upbit Dominance Wanes
18.12.2023
Source: Koshiro/Adobe A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms. The newspaper Daehan Kyungjae reported that Upbit’s market share has dropped sharply in recent months, falling from 93%...
Russia-China CBDC Payments May Debut in 2024 – Moscow
15.12.2023
Source:Iliya Mitskavets/Adobe A top Russian politician says that Moscow and Beijing could begin using their CBDCs – the digital ruble and digital yuan – to make payments as early as 2024. Per the news agency Tass, the comments came from Anatoly Aksakov, the head of the State Duma Committee on...
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...
Brazilian Unicorn Nubank to Launch Crypto Withdrawals
13.12.2023
Source: sidneydealmeida/Adobe The Brazilian neobanking unicorn Nubank will begin allowing its customers to make crypto withdrawals from its platform – following a deal that will let them trade USD Coin (USDC). Per Brazil’s Livecoins, the bank has apparently “responded to calls from the Brazilian...
BTC, ETH, SOL and Major Altcoins Begin Asia Business Day in Deep Red
11.12.2023
Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours
More Major South Korean Exchanges Begin Listing USDT
8.12.2023
Source: FellowNeko/Adobe Another leading South Korean crypto exchange has listed the US dollar-pegged stablecoin USDT as global trading volumes begin to climb. Per Kyunghyang Games, Bithumb – the second biggest exchange in the nation – launched support for the coin on December 7. The listing...
Singapore, China to Begin Piloting Digital Currency in Tourism Spending Push
7.12.2023
Source: AdobeStock / Proxima Studio Singapore’s regulatory body the Monetary Authority of Singapore (MAS) plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending. The two countries first signed a Memorandum...
Whales begin accumulating LINK amid market optimism
4.12.2023
LINK has been up 189% since the beginning of 2023. This beats the jump that Bitcoin has experienced—139%. What explains the rise of Chainlink’s crypto is the upcoming v0.2 staking mechanism. This has also urged whales to start accumulating the tokens in their portfolios. Reportedly, the top...
Solana DeFi Platform Jupiter Shares Airdrop Allocations – Here’s How to Check Eligibility
3.12.2023
Source: AdobeStock / Aleksandra Sova Jupiter, a decentralized exchange (DEX) aggregator running on the Solana (SOL) blockchain, has announced the opening of initial claims for its JUP token airdrop. In a recent post on X (formerly Twitter), the project said users can now begin claiming their...
Poloniex to Resume Withdrawals Starting With TRX After $100M Hack
29.11.2023
Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...
Bitcoin Price Prediction as BTC Holds Strong Amidst Marketwide Selloff – When Will the Next Leg Up Begin?
20.11.2023
Bitcoin, the cryptocurrency market’s standard-bearer, has demonstrated remarkable tenacity, maintaining a position firmly above the critical $37,000 mark despite a general market downturn. The electoral victory of Javier Milei, a staunch Bitcoin proponent in Argentina, has energized investor...
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
17.11.2023
Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks
Manny Pacquiao Foundation to Use Shibarium For Fundraising and Operations
15.11.2023
Source: Pixabay Legendary boxer Manny Pacquiao’s philanthropic foundation is set to use the Shiba Inu ecosystem’s blockchain Shibarium for fundraising and operational activities. Shibarium developers told CoinDesk that the Manny Pacquiao Foundation, founded by eight-division World Boxing Champion...
Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More
15.11.2023
Source: Adobe Cryptocurrency exchange Poloniex has announced plans to resume operations after it suffered a major hack resulting in losses over $100 million. The exchange announced on Nov 15 that following restoration efforts after the hack, it will begin deposits and withdrawal services assuring...
Mediation to begin in FTX, BlockFi Case, Judge Rules
14.11.2023
In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement. BlockFi’s forced bankruptcy FTX founder, Sam Bankman-Fried, was found...
Court Approves Celsius Network’s Bankruptcy Exit, Transition to Bitcoin Miner
10.11.2023
The U.S. Bankruptcy Court has approved Celsius Network LLC’s transition from a failed crypto lender to a Bitcoin mining business, setting the stage for the company to begin repaying its customers. Judge Martin Glenn confirmed the company’s plan to compensate its creditors using a mix of digital...
Jury directions begin in Sam Bankman-Fried criminal trial
2.11.2023
Jury deliberations are to expected to begin shortly and may last until next Monday
'A Pyramid of Deceit': Prosecutors Begin Closing Argument in Sam Bankman-Fried Fraud Trial
1.11.2023
Prosecutors are hoping the four-week case will lead to a conviction on seven charges