Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary
FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ongoing liquidation proceedings. This agreement, pending court approval, promises a novel approach to…
S&P’s Stablecoin Report Is a Vote of Confidence for Crypto
Stablecoins are “something we're putting strong resources towards, because we know it's a growing area both in traditional and new financial areas,” a leading S&P analyst said.
42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: PwC
More than 40 countries have taken aim at advancing crypto-focused regulations and legislation this year, signaling wider cryptocurrency adoption globally may be underway. That’s according to a new report from professional services firm…
Santiment Breaks Down “Most Trending” Altcoins Of Past Week
Here are the various altcoins that Santiment has identified to have been the most trending cryptocurrencies of the past week. Altcoins Like BONK Or SOL Saw Most Traction In Past Week In a new insight post, the on-chain analytics firm Santiment has…
Veteran Trader Peter Brandt Shorts Ethereum, Signaling Potential Downturn
On Monday, veteran trader Peter Brandt took to the social media channel X (previously known as Twitter) to reveal that he had taken a short position on ethereum (ETH), the crypto market’s second-largest asset by valuation. He further shared…
Taproot Assets Can Turn Bitcoin Into A Multi-Asset Chain
Bitcoin Maxis are patting themselves on the back after the launch of the Taproot Assets protocol for Bitcoin and Lightning. And they’re quite right to do so. Lightning Labs mainnet Alpha launch last month was big news. Up till now Ethereum and Tron…
Crypto Analyst Predicts XRP 1,500% Move Against Bitcoin, What Are The Terms?
Crypto analyst CryptoInsightUk has once again given his projections as to the future trajectory of the XRP price. This time, the analyst predicts that the crypto token could enjoy unprecedented against the flagship cryptocurrency, Bitcoin. However…
OKX Wallet Users Warned to Update App to Avoid Code Vulnerability
Blockchain security firm Certik has warned OKX Wallet users to update their iOS app after a critical Remote Code Execution (RCE) vulnerability was found in a previous version.
Montenegro Appeals Court Overturns Extradition of Terraform Labs Co-Founder Do Kwon
On Tuesday, Montenegro’s appeals court overturned the extradition request for Terraform Labs co-founder Do Kwon. This reversal follows reports that Justice Minister Andrej Milovic had informally agreed to the extradition. Kwon to Remain in…
Injective's INJ Year-to-Date Gain Rises to 3,000% After Latest Jump
Injective [INJ], the native token of its namesake's layer 1 blockchain, surged to a record high of $39.15 on Tuesday to complete a 3,000% move to the upside over the course of 2023.
First-Ever Bitcoin Spot ETF Prediction Market, Betting Odds Published By Nitrobetting.eu
December 19, 2023 – NitroBetting.eu, a prominent Bitcoin-exclusive sportsbook, just released the first-of-their-kind Bitcoin Spot ETF betting lines. The new prediction market is focused on the SEC’s potential Spot ETF approval date, as well as…
Ethereum Whales Scoop Up $230 Million In ETH In One Week – Price Hike Next?
In the past week, some of the biggest Ethereum whales, those with holdings ranging from 1 million to 10 million ETH, have accumulated an impressive 100,000 ETH, valued at a staggering $230 million. This active buying stance by influential investors…
First Mover Americas: Altcoins Rally as Bitcoin Climbs Back to $43K
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Nigerian Crypto Exchange Describes Deposit Suspension as ‘Industry-Standard Precautionary Measure’
The Nigerian cryptocurrency exchange platform Bitmama recently said it has temporarily suspended deposits due to “ongoing third-party maintenance.” Bitmama said that while earlier media reports about its suspension of deposits are…
Ring in 2024 with a special holiday deposit bonus from PrimeXBT
This holiday season, leading multi-asset trading platform PrimeXBT is spreading cheer with an exclusive 20% deposit bonus for all clients. From 11 December 2023 through 11 January 2024, traders who fund their accounts will receive a 20% matched…
Human Rights Foundation Grants $500,000 To 18 Bitcoin Projects Worldwide
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, per a press release sent to Bitcoin Magazine. The money is being granted to 18 projects focusing on global education, Bitcoin Core…
MicroStrategy’s Michael Saylor Calls Bitcoin An Institutional-Grade Asset Destined For $1 Million
Microstrategy’s Executive Chairman and Co-founder, Michael Saylor, is one who always uses every opportunity to heap praises on the flagship cryptocurrency Bitcoin. Once again, he didn’t disappoint, as BTC was the center of discussion in his latest…
Report: Bank of Korea Chief Says Growing Use of Stablecoins Threatens Central Bank Operations
The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global networks like Visa and Mastercard in the stablecoin business will likely…
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