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Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

No, BlackRock Can't Change Bitcoin

Worried that BlackRock might change bitcoin's supply? Let me explain why that's not possible.

Published on: December 21, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Relationship building is a hedge against debanking โ€” OKX exec

Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

AI Wonโ€™t Tell You How to Build a Bombโ€”Unless You Say Itโ€™s a 'b0mB'

Anthropicโ€™s Best-of-N jailbreak technique proves how introducing random characters in a prompt is often enough to successfully bypass AI restrictions.

Published on: December 21, 2024 | Source: Decrypt favicon Decrypt

Fuel for rent: Harnessing idle GPU power can drive a greener tech revolution

The following is a guest post by Jakub Ondrasek, CEO at Clore AI. Tech innovations such as AI, cryptocurrency, quantum computing and VR are redefining modern life. Most consumers donโ€™t know how much high-performance computing power is needed to fuel such changes. This computing power is driving major breakthroughs, but it also contributes to one [โ€ฆ] The post Fuel for rent: Harnessing idle GPU power can drive a greener...

Published on: December 21, 2024 | Source: CryptoSlate favicon CryptoSlate

Trust Wallet fixes disappearing balance glitch

Community members went on social media to report a Trust Wallet glitch that caused their crypto balances to disappear.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

Spacecoin XYZ launches first satellite in outer space blockchain network

Spacecoin XYZ has taken its first step in launching its extra-terrestrial decentralized physical infrastructure network.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

BTC price stampedes to $99.5K hours after record Bitcoin ETF outflow

Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethereum NFT collections drive weekly volume to $304M

Pudgy Penguins, LilPudgys, Azuki and Doodles topped last weekโ€™s charts as the best-performing collections.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

Fake crypto liquidity pools: How to spot and avoid them

Discover the risks of fake crypto liquidity pools, common scam tactics and practical strategies to identify and steer clear of fraudulent projects.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

Google to require FCA registration for crypto ads targeting the UK

Google said that advertisers who want to promote crypto exchanges and software wallets in the United Kingdom must be registered with the FCA.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

If ETH โ€˜pullback continues,โ€™ a $3K retrace remains in play โ€” Analyst

Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to the lower $3,000s remains a possibility following its 10% fall over the past seven days.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

Marathon Digital warms 80,000 Finnish homes with heat generated from Bitcoin mining

Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking approach that merges innovation and environmental responsibility. This success builds on a pilot project launched [โ€ฆ] The post Marathon Digital warms...

Published on: December 21, 2024 | Source: CryptoSlate favicon CryptoSlate

Tether pours $775M into video-sharing platform Rumble

Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.

Published on: December 21, 2024 | Source: Cointelegraph favicon Cointelegraph

Tether Invests $775 Million in Rumble Following YouTube Rival's Bitcoin Push

Stablecoin issuer Tether has committed $775 million to rising streaming video platform Rumble, which has adopted a Bitcoin reserve strategy.

Published on: December 21, 2024 | Source: Decrypt favicon Decrypt

Coinbase believes tokenization, DeFi will be key themes in 2025 amid pro-crypto policies

Coinbaseโ€™s latest market outlook for 2025 identifies tokenization, DeFi resurgence, and a shift toward pro-crypto regulation in the US as key trends for the following year. Coinbase anticipates 2025 as a pivotal year for US crypto legislation after years of regulatory ambiguity. The exchange said these developments could redefine how crypto integrates with traditional finance [โ€ฆ] The post Coinbase believes...

Published on: December 21, 2024 | Source: CryptoSlate favicon CryptoSlate

EUโ€™s upcoming crypto rules could impact liquidity due to USDT delistings

The EUโ€™s imminent crypto regulations are raising alarms about potential disruptions to market liquidity as exchanges prepare to comply with new requirements under the Markets in Cryptoassets (MiCA) framework, Bloomberg News reported on Dec. 20. The rules, set to take full effect on Dec. 30, mandate the delisting of Tetherโ€™s USDT, the worldโ€™s most widely [โ€ฆ] The post EUโ€™s upcoming crypto rules could impact liquidity due...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

We Need In-Kind Redemptions For The Spot Bitcoin ETFs

Hopefully, SEC Commissioner Hester Peirce isnโ€™t playing when she says sheโ€™ll reconsider in-kind redemptions for spot bitcoin ETFs.

Published on: December 20, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Tetherโ€™s $775 million Rumble investment sparks stock 35% surge

Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 press release. The news caused a sharp spike in Rumbleโ€™s stock, which surged in after-hours trading, climbing 35.89% to $9.77 despite having closed the regular session down [โ€ฆ] The post Tetherโ€™s $775 million Rumble investment sparks stock 35%...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

Lack of proper indexing is throttling DApp speeds โ€” Pangea CEO

Users typically leave an application that does not respond within three seconds, and Web3 apps can have load times of up to 20 seconds.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

2025 will be the year of AI agents, Web3 execs say

By 2025, more than 1 million AI agents could populate Web3, with staking and trading as likely early use cases, industry execs told Cointelegraph.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

SVM Sonic, Injective to roll out crosschain AI agent hub

Developers will soon be able to deploy Solana-based AI agent applications on Injective and bridge a variety of cryptocurrencies between them.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

SEC Commissioner predicts early improvements for crypto ETFs under new leadership

Crypto exchange-traded funds (ETF) changes, such as in-kind redemptions and staking permission for Ethereum (ETH) products, are likely to happen โ€œearly onโ€ under a new US Securities and Exchange Commission (SEC) administration. SEC Commissioner Hester Peirce shared during an interview for Coinage that these matters may arrive for a regulator review as soon as Paul [โ€ฆ] The post SEC Commissioner predicts early...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

Hawk Tuah Girl Wakes Up, Plays Ball With Lawyers Suing Meme Coin Makers

Haliey Welch, the Hawk Tuah girl, is finally speaking upโ€”and she's working with the law firm suing her meme coin business partners.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute

This weekโ€™s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bankโ€™s blockchain, USDT in Europe, FTX creditors repayment and BVNKโ€™s move to the United States.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Meta's AI Video Editor Coming to Instagram to Make You Question Whatโ€™s Real

Instagram chief Adam Mosseri showed off new AI features that'll let users edit videos by simply using text to change video imagery.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Bought Bitcoin at $108,000? Don't Panic

While Bitcoinโ€™s volatility may seem intense, this correction is healthy and normal.

Published on: December 20, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

French banking giant Groupe BPCE secures regulatory greenlight for crypto services

Hexarq, the cryptocurrency subsidiary of Groupe BPCE, has obtained regulatory approval from Franceโ€™s Financial Markets Authority (AMF) to offer crypto services to its clients in 2025, the Big Whale reported on Dec. 20. The approval, known as PSAN registration, allows Hexarq to provide custody, buying, and selling services for digital assets under French law, paving [โ€ฆ] The post French banking giant Groupe BPCE secures...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin correction โ€˜almost doneโ€™ as realized losses rise above weekly average

Bitcoin tradersโ€™ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Luigi Mangione Lands in Same Jail as Diddy, FTX Founder Sam Bankman-Fried

The suspect in the murder of UnitedHealth Group CEO Brian Thompson, Luigi Mangione, is sharing a facility with fellow high-profile inmates.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

More than 100 crypto hedge funds report banking hurdles in the past 3 years

Around 120 hedge funds engaged in crypto reported hurdles in accessing banking services over the three years, The Wall Street Journal reportedon Dec. 20. The number represents roughly 75% of 160 hedge funds recently surveyed by the Alternative Investment Management Association (AIMA). The survey highlighted that none of the 20 alternative investors in other asset [โ€ฆ] The post More than 100 crypto hedge funds report...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

EigenLayer restaking protocol's slashing testnet now live

According to data from DefiLlama, restaking protocol EigenLayer currently has approximately $15.4 billion in total value locked.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Metallicus acquires fintech operator connected to 70 credit unions

The acquisition brings Metal Blockchain solutions to Bonifiiโ€™s portfolio of credit unions.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Shiba Inu advances DeFi strategy with Chainlink partnership

Shiba Inu has taken a significant step forward by partnering with Chainlink to enhance cross-chain functionality and data integration across its ecosystem, according to a Dec. 19 statement. This collaboration introduces cutting-edge interoperability features and positions the Shiba Inu network for broader adoption. Unlocking cross-chain potential The collaboration integrates Chainlinkโ€™s Cross-Chain Token (CCT) standard...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

Ether ETFs poised to surge in 2025, analysts say

Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph