Do Kwon Successfully Appeals Extradition Decision by Montenegro Court
[Dec 19, 2023 6:04 AM] A previous decision that legal requirements for extradition had been met was rejected by the country's Appeals Court.
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Human Rights Foundation Grants $500,000 To 18 Bitcoin Projects Worldwide
[Dec 19, 2023 6:00 AM] 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…
Access to Binance's Law Enforcement Request Panel Is for Sale for $10K
[Dec 19, 2023 5:07 AM] Binance uses a third-party service called Kodex to validate law enforcement requests.
Elizabeth Warren Pushes Back at Blockchain Lobbying Efforts
[Dec 19, 2023 4:29 AM] In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress.
DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
[Dec 19, 2023 4:17 AM] Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses.
Solana, Avalanche Meme Coin Fever Continues as Bitcoin Nears $43K
[Dec 19, 2023 3:46 AM] Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.
Central Bank of Brazil Opens Public Consultation on Virtual Assets Service Provider Rulemaking
[Dec 19, 2023 2:30 AM] The Central Bank of Brazil opened a new public consultation to obtain feedback for regulating the operations of virtual assets service providers (VASPs) in the country. The bank organized a questionnaire of 38 questions divided into different…
ARK Sells $28M Grayscale Bitcoin Trust Shares as Bitcoin Nears $43K
[Dec 19, 2023 2:18 AM] ARK Invest offloaded $13M worth of GBTC shares last week.
Circle Launches EURC Stablecoin on Solana, Expanding Euro Access in the Crypto Space
[Dec 19, 2023 1:30 AM] Expanding the global reach of euro-based stablecoins, Circle has debuted its EURC token on the Solana blockchain, offering a fully reserved, euro-backed digital asset. Circle Expands its Stablecoin Portfolio With EURC Launch on Solana, Boosting…
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
[Dec 18, 2023 10:31 PM] Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race
[Dec 18, 2023 6:15 PM] A small ESG-focused crypto asset manager, 7RCC, is the latest applicant to join the race for a spot-bitcoin exchange traded fund (ETF), a filing with the Securities and Exchange Commission (SEC) shows.
Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin
[Dec 18, 2023 5:00 PM] On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing the prevailing BTC exchange…
Helium Mobile Cracks Down on MOBILE Token Farmers
[Dec 18, 2023 2:45 PM] New users are pouring into Helium's low-cost phone plan. Some are more interested in the MOBILE token rewards than the cell service.
Grayscale Clarifies Investor Tax Implications of a Cash-Created Spot Bitcoin ETF
[Dec 18, 2023 2:30 PM] Grayscale, one of the biggest cryptocurrency asset management firms, has addressed the issue of taxation regarding the adoption of a cash creation model in an upcoming spot bitcoin exchange-traded fund (ETF). The firm clarified that “no spot…
Zcash Developer Electric Coin CEO Zooko Wilcox Steps Down, Swihart Named to Role
[Dec 18, 2023 1:25 PM]
Grayscale CEO Foresees Spot Bitcoin ETFs Unlocking '$30 Trillion Worth of Advised Wealth'
[Dec 18, 2023 12:43 PM] In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot…
New Kind of Crypto Insider Trading? SEC Might Take a Look at These Trades, Experts Say
[Dec 18, 2023 12:41 PM] Hegic recently scored a windfall buy buying WHITE tokens ahead of big news. The trade might cross the line, according to experts.
Adam Back States ‘You Can’t Stop JPEGs on Bitcoin,’ Proposes Block Size Increase to Host Inscriptions
[Dec 18, 2023 12:30 PM] Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse…
UK Publishes Regulations for a Digital Securities Sandbox
[Dec 18, 2023 11:51 AM] The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.
Bitcoin Fees Spike to 2-Year High as Ordinals Bonanza Gives Windfall Profit to BTC Miners
[Dec 18, 2023 11:21 AM] Share prices of publicly listed bitcoin mining companies are "on fire" thanks to high transaction fees, one analyst said.
Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT
[Dec 18, 2023 10:54 AM] Mike Novogratz's firm is also interested in companies FTX invested in as a venture capital provider.
Revolut to Suspend UK Crypto Services, Citing FCA's New Ad Rules
[Dec 18, 2023 10:22 AM] Many crypto firms have had to withdraw their services to adjust to the FCA's promotions rules, which came into effect in October.
Bitcoin ETF Ad War Officially Underway With Bitwise Campaign
[Dec 18, 2023 10:20 AM] The short video advertisement featured the actor known for portraying the "Most Interesting Man in the World."
Spot Bitcoin ETF Applicant Bitwise Releases New Bitcoin ETF Commercial
[Dec 18, 2023 9:37 AM] Bitwise, the aspiring applicant for a spot Bitcoin ETF, has unveiled a captivating commercial aimed at advocating for it's upcoming Bitcoin Exchange-Traded Fund (ETF), if approved by the Securities and Exchange Commission (SEC). "A word to the…
Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears
[Dec 18, 2023 8:00 AM] The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live.
Circle Issues Euro-Backed Stablecoin EURC Natively on the Solana Blockchain
[Dec 18, 2023 8:00 AM] Circle aims to boost around-the-clock foreign exchange transactions and remittances by deploying EURC on Solana.
Real Estate Investors Are Flocking To Bitcoin in Record Numbers, Says Swiss Exchange
[Dec 18, 2023 8:00 AM] Relai, a Swiss Bitcoin exchange, has disclosed with Bitcoin Magazine that a staggering 75% of its Over-The-Counter (OTC) revenue in the final quarter of 2023 stemmed from private clients diverting proceeds from real estate sales into Bitcoin…
Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election
[Dec 18, 2023 7:44 AM] The group has support from Andreessen Horowitz (a16z), Ark, Circle, Ripple, Coinbase and more.
First Mover Americas: Bitcoin Struggles to Gain Momentum; FTX Files Plan to End Bankruptcy
[Dec 18, 2023 7:16 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
FTX Files Reorganization Plan to End Bankruptcy
[Dec 18, 2023 3:36 AM] Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.