HashKey Exchange to onboard market makers to boost liquidity
“To incentivize more users to provide liquidity, we will officially launch the market maker project starting from 2023/12/28,” the exchange wrote.
Posts published by Cointelegraph.com News 290/651
Securing user data: 11 practical and effective tips for Web3 companies
Leaning into Web3’s strengths while following established protocols can create a strong, holistic data security strategy.
Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC
According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.”
Bitcoin custodian Nostr Assets pauses deposits after reaching 'maximum capacity'
"Please refrain from deposits at the moment. Inbound at max capacity," wrote one community manager.
Crypto payments: PayPal’s stablecoin ripple effect on markets
Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption?
AI and pension funds: Is AI a safe bet for retirement investment?
Some pensions funds that experimented with emerging assets like cryptocurrency have lost millions of dollars.
Swiss city Lugano accepts Bitcoin and Tether for municipal taxes
Swiss city of Lugano officially announced that it has started accepting Bitcoin and Tether as payment for taxes and all other community fees.
Italy and South Korea central banks agree on CBDC cooperation
The central banks of Italy and South Korea announced a memorandum of understanding in the development and deployment of their respective CBDCs.
Kenyan crypto tax bill makes it through parliamentary committee
The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament.
Singapore releases national AI strategy 2.0, plans for 15,000 AI experts
Singapore released an updated version of its national AI strategy that includes plans for boosting government competency, building a smart nation and increasing compute capacity.
Societe Generale issues its first green bond on Ethereum
The unsecured bond has a value of 10 million euros and a maturity of three years, with all the proceeds going for eligible green activities investments.
Bitcoin short-term holder sales near $5B as profit-taking mimics 2021
Bitcoin makes Christmas come early for its more speculative investors, with BTC price still facing "early bull market" resistance.
Taiwan will review global trends before deciding on crypto ETFs
The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds.
Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO
Crypto mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange, with the stock opening at $0.6.
BlackRock received $100K seed funds for Bitcoin ETF — SEC filing
BlackRock and other financial giants have entered the race to launch the first spot Bitcoin ETF in the United States.
Web3 firm detects major security flaw in common smart contracts
A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb.
Hashdex tips spot Bitcoin ETFs to trade by Q2, followed by Ethereum
Hashdex’s head of product for the U.S. and Europe says the exact timing for a spot Bitcoin ETF is unclear but predicts it to start by the second quarter of 2024.
Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue
The trading platform posted a sharp rise in monthly crypto trading volumes in November, while CEO Vlad Tenev said he hopes to eventually reel in “nine figures” in annual revenue.
Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’
The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron" for crypto, said Zerocap investment chief Jon de Wet.
Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak
Nearly $1.8 billion flowed into crypto investment products over the last 10 weeks, which hasn’t been seen since Bitcoin futures were launched in October 2021.
Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027.
IRS team reports rise in crypto tax investigations
According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions.
Crypto Stories Part 2: Bitcoin led Charlie Shrem into a tumultuous life
The man who introduced the Winklevoss twins to crypto ended up in prison. He expressed no regrets to Cointelegraph.
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
IBM says it will have hit a quantum computing ‘inflection point’ by 2029
Big Blue’s roadmap says it’s on pace to execute 100 million gates over 200 qubits in 2029 before a 10x improvement by 2033.
Coinbase initiative announces crypto-themed US presidential forum
Presidential candidates Asa Hutchinson, Vivek Ramaswamy and Dean Phillips will discuss blockchain and crypto ahead of the New Hampshire Primary.
Price analysis 12/4: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4.
Meta's AI boss says there’s an ‘AI war’ underway and Nvidia is ‘supplying the weapons’
The outspoken executive also said that Meta isn’t pursuing quantum computing because it isn’t currently useful.
Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations
Bitcoin futures data counters the assumption that BTC’s rally to $42,000 was primarily propelled by shorts liquidations. What is next for BTC?