205 / 434 Relevant items tagged with #NEWS

Posts

Crypto Exchange Catalyx Suspends Trading, Withdrawals Following 'Security Breach'

[Dec 28, 2023 4:32 PM] The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.

Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’

[Dec 28, 2023 4:30 PM] Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image…

Bloomberg ETF Analyst Reassures Spot Bitcoin ETFs Will Hold Actual BTC, Amidst Concerns

[Dec 28, 2023 12:51 PM] Amid rapidly growing anticipation for the launch of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, concerns have arisen from many in the Bitcoin community regarding if these funds will truly hold spot Bitcoin or not. In…

L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value

[Dec 28, 2023 12:30 PM] Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1…

Solana's SOL Dips Below $100, Slips Back Behind BNB in Crypto Ranking

[Dec 28, 2023 11:52 AM] Traders were moving capital from SOL to stablecoins suggesting profit taking, one analyst said in an interview.

Binance User Base Grew 30% This Year, Expanding Even After U.S. Legal Settlements

[Dec 28, 2023 11:11 AM] The largest cryptocurrency trading venue added 40 million accounts to 170 million.

India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance 'Show Cause' Notices

[Dec 28, 2023 10:39 AM] Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges.

FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings

[Dec 28, 2023 10:30 AM] On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual…

Bitcoin ETF Approval Tipped to Be 'Sell The News' Event: CryptoQuant

[Dec 28, 2023 10:02 AM] Bitcoin [BTC] is expected to experience a period of downside following a potential ETF approval over the coming weeks as trader's unrealized profits linger at a level that historically precedes a correction, according to data provider CryptoQuant.

BRC20.com Raises $1.5 Million to Provide Infrastructure for Bitcoin Tokens

[Dec 28, 2023 9:31 AM] Newly launched Bitcoin tokens platform BRC20.com has raised $1.5 million in funding led by UTXO Management, the asset management arm of Bitcoin Magazine’s parent company BTC Inc.The round included support from Zanshin Capital Management, Unbroken…

Argentina's Milei Proposes Incentives for Declaring Domestic, Foreign Crypto Holdings in Draft Bill

[Dec 28, 2023 7:26 AM] Crypto is captured in an asset-regularization regime included in a wide-ranging bill that's facing mounting backlash from citizens.

First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO

[Dec 28, 2023 7:10 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility

[Dec 28, 2023 5:30 AM] The expiry is Deribit's largest so far and a record of almost $5 billion of options will expire in the money.

Blast Hits $1.1B in Deposits More Than a Month Before It's Due to Go Live

[Dec 28, 2023 4:18 AM] Depositors will receive an airdrop that can be redeemed in May 2024.

Cathie Wood's ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings

[Dec 28, 2023 4:17 AM] The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN.

Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown

[Dec 28, 2023 3:42 AM] The government wants to use the crypto bourse to make the ecosystem safer and gather transaction data for tax purposes.

PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million

[Dec 28, 2023 2:52 AM] More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.

Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase

[Dec 28, 2023 1:15 AM] A wallet flagged as owned by Trump sent ETH to Coinbase in the past three weeks, where it was presumably sold.

Stock of Bitcoin's Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says

[Dec 28, 2023 12:59 AM] Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.

MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B

[Dec 27, 2023 8:13 AM] Microstrategy's CEO Michael Saylor tweeted on Wednesday that the company had acquired an additional 14,620 bitcoin.

First Mover Americas: Barry Silbert Resigns as Grayscale Chairman

[Dec 27, 2023 7:36 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Michael Saylor's MicroStrategy Buys 14,620 Bitcoin For $615 Million

[Dec 27, 2023 7:27 AM] MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 14,620 BTC at a total cost of $615.7 million, Founder & Chairman Michael Saylor announced…

Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says

[Dec 27, 2023 6:51 AM] The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.

IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology

[Dec 27, 2023 6:00 AM] The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, will launch today.

Elon Musk: ‘I Don’t Spend a Lot of Time Thinking About Cryptocurrency’

[Dec 27, 2023 5:00 AM] Elon Musk, CEO of Tesla, Spacex, chairman of X, and the wealthiest man alive, has declared he doesn’t spend “a lot of time” thinking about cryptocurrency. In a recent X Space hosted by Cathie Wood, CEO of Ark Invest, the…

BONK Falls 13% as Solana Ecosystem Sees Profit Taking After Memecoin Frenzy

[Dec 27, 2023 4:47 AM] Solana ecosystem tokens have surged several multiples in the past month. Traders could now be taking profits to rotate funds into newer plays.

South Korea to Make Officials' Crypto Disclosures Public

[Dec 27, 2023 4:37 AM] Public officials will also be provided an asset disclosure service starting next year to report crypto and other holdings.

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

[Dec 27, 2023 4:13 AM] The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.

Nobel Prize Winner Robert Shiller Warns Confiscating $300B in Russian Assets Might Cause a ‘Cataclysm’ for the Dollar System

[Dec 27, 2023 3:30 AM] Nobel Prize winning economist Robert Shiller has warned against the effects that the confiscation of Russian assets in Western countries might have on the stability of the dollar-dominated financial system. According to Shiller, a move of this kind…

Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments

[Dec 27, 2023 2:06 AM] Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.