CZ must stay, Do Kwon to be extradited: Law Decoded
A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.
Posts published on December 11, 2023 go to media archive 2/3
Crypto’s Gainers and Losers: BTT and BONK Spike Amidst Overall Downturn
Over the past day, a considerable number of crypto assets have experienced a decline. However, looking at the seven-day performance, several of them have maintained a substantial increase. For example, bittorrent (BTT) has seen a significant surge…
FIFA launches NFT collection amid 2023 Club World Cup
FIFA NFTs, minted on Algorand, have totaled only $2.4 million in trading volume since their inception last September.
Injective Protocol’s Social Activity Rising: Is INJ About To Explode?
According to AlphaScan data on December 12, social media activity on Injective Protocol (INJ) has steadily increased in the past day and week. This surge in interest has propelled INJ to the second-most mentioned token on social media, trailing…
US Senator Elizabeth Warren Introduces Bill To "Crack Down" on Bitcoin And Crypto
Today, US Senator Elizabeth Warren introduced legislation to address her concerns surrounding the alleged misuse of digital currencies in illicit activities, citing money laundering, drug trafficking, sanctions evasion, and more.The bill, supported…
Price analysis 12/11: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX
Bitcoin’s sharp correction surprised investors, but is it a sign that further downside is in store?
Binance’s Market Share of Crypto Trading Tumbled to 30% in 2023
The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.
FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.
BONK Soars 18%, But Analyst Warns Of Impending Correction
Solana-based memecoin BONK has enjoyed a rally of more than 18% today, but the asset may be in trouble if this sell signal is to go by. BONK Has Formed A TD Sequential Sell Signal On Its Weekly Chart As explained by analyst Ali in a post on X, the…
Blockchain gaming market in North America is projected to reach $600B by 2030 — Report
The current market is growing at a 21.8% CAGR, according to a report from Fortune researchers.
Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches
Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell…
It’s Not Just Electricity And Water — Bitcoin Mines Use A Lot Of Air, Too
This piece is an entirely and deeply serious parody. Bitcoin mines aren’t just thirsty, it turns out they’re starving for air, too. The air consumption tied to a single Bitcoin transaction, on average, could be enough for a DINK couple to…
Seamless Protocol Issues SEAM, Bags First Base-Blockchain Token Listing on Coinbase
Seamless previously operated the "OG Points" program, allowing thousands of users to earn points in their on-chain wallets.
Enjin migrates over 200M NFTs from Ethereum to its blockchain
Atlas Development Services executive Oscar Franklin Tan told Cointelegraph that to avoid the gas fees for transferring 200 million NFTs, it took a different approach in the migration.
One-hour Bitcoin block times: What do they mean and are they frequent?
Extended Bitcoin block times have been in the headlines recently, but are they really that big of a deal — or even very common?
Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K
A "flash crash" in thin trading Sunday evening, saw bitcoin's price plunge nearly 10% from the $44,000 level in the space of a few minutes.
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
The central bank is now gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
The rules are scheduled to take affect on July 19 next year.
Bitcoin $42,000 Support Under Pressure As Short Position Inflows Soar
Bitcoin (BTC) recently experienced a sharp decline, tumbling towards $40,000 amid a broader sell-off across the cryptocurrency market. While the most significant token managed to recover some losses, currently trading 4% lower at $42,000, concerns…
TradeWire Explained: AI-Based Analytical Tools for Smart Trading
The fintech world is abuzz about the launch of TradeWire, an innovative analytics platform utilizing cutting-edge artificial intelligence to provide traders with game-changing insights and capabilities. TradeWire aims to revolutionize the playing…
Bitcoin’s Recent Surge on Exchanges: Binance and Bitfinex Lead With $871M Inflow
On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at…
X-Spot granted trademark injunction against Huobi Global in Hong Kong
The ruling only applies to the use of the trademark in Hong Kong until a final decision is issued at trial.
Crypto Analyst Predicts Short-Term XRP Price Rally To $18
A crypto analyst has provided some optimism regarding the XRP price as many contemplate whether or not to continue to hold on to their XRP tokens. This comes as the crypto token’s underperformance has been a cause of concern to holders, with talks…
Decentralized Exchange Uniswap Expands to Bitcoin Sidechain Rootstock
Uniswap version 3 (v3) has been deployed on Bitcoin sidechain Rootstock by GFX Labs, the team behind trading terminal Oku.
How Bitcoin Improves Water Abundance In Water Scarce Nations
The “bitcoin uses fossil fuels” argument has been increasingly breaking down in the face of new data from Bloomberg Intelligence showing the network is in fact the most sustainable-energy backed industry on the planet with 53% energy coming from…
Ethereum Technical Analysis: ETH Exhibits Mixed Signals; Resilience Amidst Bearish Trends
Google Revising Crypto Ad Rules Ahead of Expected Bitcoin ETF Launch
In a subtle yet significant move, Google has quietly adjusted its Crypto Ad Guidelines, ahead of the anticipated launch of a Bitcoin Exchange-Traded Fund (ETF) in the US. Beginning January 29, 2024, the search giant's revised policy will…
Immutable expands Web3 gaming payment options with Transak integration
Immutable deploys Transak’s functionality into its zkEVM gaming development infrastructure, powering in-game cryptocurrency and fiat payment methods.
UK asset manager M&G invests $20M in Bitcoin derivatives exchange
The investment will open up cryptocurrency derivatives trading to traditional financial institutions.
ChatGPT passes neurology exam for first time
LLM 4.0 from OpenAI answered 85% of the American Board of Psychiatry and Neurology's questions correctly, implying potentially "significant" future uses for the technology.