UK House of Commons recommends further CBDC tests on viability, risks
The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether the benefits are likely to outweigh these risks.”
Bitcoin breaks $41K as gold price reaches new all-time high
Bitcoin price is surging in lockstep with gold as the precious metal hits a new historic high, suggesting investors are preparing for stock market turmoil.
Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’
Bitcoin should “logically” be headed for a “sell-the-news” correction in January, according to analysts, but that doesn’t mean that’s how it’s going to shake out.
Safe Wallet scammer steals $2M through 'address poisoning' in one week
A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week.
Bitcoin is of ‘national strategic importance’ says US Space Force officer
U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense.
Binance’s explosive growth led to compliance failures - CEO Richard Teng on $4.3B settlement
The new CEO of Binance takes stock of the exchange's future following a landmark $4.3 billion settlement with United States authorities in a one-on-one interview with Cointelegraph.
FTX and Alameda transfers another $22M worth of crypto asset
Following their most recent move, FTX and Alameda Research have transferred another significant amount of digital assets, amounting to an impressive $22 million.
Grayscale Bitcoin Trust aims for ETF shift to narrow discount
This move seeks to better synchronize GBTC’s shares with the real Bitcoin price and introduce a streamlined mechanism for investors to create or redeem shares effortlessly.
Ethereum team lead sees zero interest from university in collaborating
Peter Szilagyi, Ethereum's team lead, voiced dissatisfaction with his former university's lack of enthusiasm in recommending students for collaboration with Ethereum.
Bitcoin's top of funnel is becoming less noisy, suggests Swan Bitcoin CEO
According to Swan Bitcoin CEO Cory Klippsten, Bitcoin ETFs are set to replace the chaotic entry points tainted by flashy crypto marketing campaigns since 2017.
According to Kaiko Research, Bybit experienced a rise in market share around the clock, whereas Coinbase witnessed significant growth outside of the United States trading hours.
North Korean hackers have pilfered $3B of crypto over past six years: Report
In 2022, North Korean hackers swiped crypto worth ten times more than the country earned from exports in 2021, according to US cybersecurity firm Recorded Future.
UK Legislators urge caution in retail digital pound rollout
The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability.
KyberSwap announces treasury grants for hack victims
The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach.
SEC faces sanctions threat as Judge questions DEBT Box case accuracy
Initially, the SEC, led by attorney Michael Welsh, had convinced the court to freeze DEBT Box’s assets, arguing the company was moving to Dubai, beyond U.S. regulatory reach.
Nayib Bukele steps down as El Salvador’s President ahead of re-election bid
Acting President Claudia Rodríguez de Guevara, the first female head of state for El Salvador, took office on Dec. 1 and is expected to serve until June 2024.
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