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Austrian Police Uncover $1.2 Million 'Rip-Deal 2.0' Crypto Fraud

The suspect was also found to be in possession of 200,000 in fake cash.

Published on: December 17, 2024 | Source: Decrypt favicon Decrypt

‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve

The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.

Published on: December 17, 2024 | Source: Cointelegraph favicon Cointelegraph

Crypto 'eating TradFi's lunch' as $5.75B Coinbase revenue beats Nasdaq

Coinbase and DeFi pose serious competition for traditional exchanges as Bitcoin ETFs beat gold by assets under management.

Published on: December 17, 2024 | Source: Cointelegraph favicon Cointelegraph

Executives flood blockchain gaming firms ahead of 2025’s AAA launches

Blockchain Gaming Association’s fourth annual survey showed growth in the C-suite, but other demographics appear to be slipping.

Published on: December 17, 2024 | Source: Cointelegraph favicon Cointelegraph

Google’s Willow quantum chip vs. Bitcoin security — What’s at stake?

Google’s Willow quantum chip challenges Bitcoin’s cryptographic security. Discover potential risks to wallets, consensus mechanisms and the future of blockchain resilience.

Published on: December 17, 2024 | Source: Cointelegraph favicon Cointelegraph

FCA warns UK citizens to avoid Solana-based memecoin

The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.

Published on: December 17, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin options expiry, explained: What it means for traders

Bitcoin options expiry can trigger BTC price fluctuations as large positions are settled, influencing market dynamics.

Published on: December 17, 2024 | Source: Cointelegraph favicon Cointelegraph

Virginia man convicted of funding ISIS using cryptocurrency

Chhipa sent $185,000 in cryptocurrency to ISIS members in Syria, funding prison escapes and fighters.

Published on: December 17, 2024 | Source: Cointelegraph favicon Cointelegraph

SEC Serves NFT Project CyberKongz With Wells Notice Citing Securities Violations

Charges against CyberKongz could present “major implications” for the blockchain gaming industry, the project said Monday.

Published on: December 17, 2024 | Source: Decrypt favicon Decrypt

FCA Calls for Industry Input on Plans to Tackle Abuse in UK Crypto Market

The regulator hopes to bolster clarity by establishing “clear and consistent ‘rules of the game’" for crypto firms and consumers.

Published on: December 17, 2024 | Source: Decrypt favicon Decrypt

Bitcoin-to-Gold Ratio Hits Historic Peak as Year-End Rally Soars

Bitcoin now commands its highest-ever value relative to gold, marking a potential shift in store-of-value preferences.

Published on: December 17, 2024 | Source: Decrypt favicon Decrypt

Ethena Labs launches stablecoin backed by BlackRock’s tokenized fund shares

Ethena Labs announced the launch of its USDtb stablecoin, which will leverage BlackRock’s tokenized fund, USD Institutional Digital Liquidity Fund (BUIDL), for 90% of its backing. According to the Dec. 16 announcement, the partnership was facilitated by Securitize. USDtb will operate independently from Ethena’s existing algorithmic stablecoin, USDe, providing users and exchange partners with a […] The post Ethena Labs...

Published on: December 17, 2024 | Source: CryptoSlate favicon CryptoSlate

‘Major implications’ for gaming tokens as CyberKongz hit with SEC Wells notice

CyberKongz said it was first contacted by the SEC two years ago and had been “suffering in silence” ever since.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitfinex projects Bitcoin peaking at $290k in early 2026 if historical patterns repeat

Bitcoin (BTC) could hit a peak of $290,000 in early 2026 if it repeats the price action seen during the 2017 bull run, according to the latest edition of the “Bitfinex Alpha” report. The projection is based on historical price patterns during bull cycles, institutional adoption, and key technical indicators. Following its bear market low […] The post Bitfinex projects Bitcoin peaking at $290k in early 2026 if...

Published on: December 16, 2024 | Source: CryptoSlate favicon CryptoSlate

Ethereum Game ‘Pixels’ Spawns Play-to-Earn Dungeon Crawler on Ronin

Pixel Dungeons is a new twist on the popular Pixels game on Ethereum gaming network Ronin, letting players earn PIXEL tokens.

Published on: December 16, 2024 | Source: Decrypt favicon Decrypt

Doge Meme Pup Owner's IP Move Could Decide 'Official' Neiro Coin

Members of the Own the Doge DAO will vote in the coming weeks to potentially bestow official IP status on one of many Neiro meme coins.

Published on: December 16, 2024 | Source: Decrypt favicon Decrypt

The 7 Prominent Theories Explaining the Mystery Drones

As reports of drones swarming U.S. skies increase, speculation online as to who is behind them ranges from military ops to alien visitors.

Published on: December 16, 2024 | Source: Decrypt favicon Decrypt

Stanford Blockchain Club slams DOJ’s use of archaic laws in Tornado Cash case

The Stanford Blockchain Club has issued a scathing critique of the US Department of Justice’s (DOJ) prosecution of Tornado Cash developers Roman Storm and Roman Semenov, calling it an overreach of outdated federal money transmission laws. In its report, titled “Tornado Cash and the Boundaries of Money Transmission,” the club challenged the DOJ’s use of […] The post Stanford Blockchain Club slams DOJ’s use of archaic...

Published on: December 16, 2024 | Source: CryptoSlate favicon CryptoSlate

ai16z’s Eliza Labs, Stanford clinch AI research partnership

The ai16z developer is researching the intersection of artificial intelligence and Web3.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

XRP Demand Grows as Bitcoin, Ethereum Drive Billions to Crypto ETFs

Crypto investment products saw $3.2 billion in inflows last week as ETF hopes drove investors towards XRP, according to CoinShares.

Published on: December 16, 2024 | Source: Decrypt favicon Decrypt

Ether.Fi pitches buybacks for ETHFI stakers

The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

FTX to begin initial distributions by March with Kraken and BitGo as partners

FTX and its affiliated debtors announced on Dec. 16 that their reorganization plan will take effect on Jan. 3, 2025, and distributions will commence within 60 days. FTX has partnered with BitGo and Kraken to manage the distribution process for retail and institutional creditors. According to the claim portal, these service providers will ensure distributions […] The post FTX to begin initial distributions by March with...

Published on: December 16, 2024 | Source: CryptoSlate favicon CryptoSlate

US lawmakers to make a last-ditch effort to confirm SEC commissioner

Caroline Crenshaw may still have one more chance to be confirmed for a second term as an SEC commissioner before the next session of Congress.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

El Salvador grants Bitget license for Bitcoin services

El Salvador has authorized Bitget to provide Bitcoin services in the country. The exchange is now seeking further approval to support more tokens.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

Aave mulls Polygon exit over risky stablecoin proposal

The Aave community is evaluating a proposal to withdraw the lending protocol from Polygon’s Proof-of-Stake (PoS) chain. In the Dec. 16 proposal, Marc Zeller, founder of Aave Chan, highlighted potential risks tied to Polygon’s plans to rehypothecate its stablecoin reserves while suggesting Aave should adjust risk parameters for its V2 and V3 deployments on the […] The post Aave mulls Polygon exit over risky stablecoin...

Published on: December 16, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Jumps to Record Price as Ethereum Hits 3-Year High

Bitcoin spiked to yet another new record on Monday, nearing the $108,000 mark, while Ethereum rose to a price not seen since 2021.

Published on: December 16, 2024 | Source: Decrypt favicon Decrypt

Bitcoin price all-time highs driven by spot volumes — Analyst says $115K is next

Bitcoin prints a new all-time high above $107,700, while several analysts call for much higher prices in the short term.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

Coinbase accused of market manipulation, Kraken Australia hit with $5M fine: Law Decoded

A lawsuit against Coinbase concerns allegations under the Sherman Act of attempted monopolization of the Wrapped Bitcoin market.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

Will Bitcoin ETFs Surpass 1 Million BTC Before 2025?

Accelerating ETF inflows, dwindling exchange supply, and potential U.S. strategic reserves are setting the stage for unprecedented Bitcoin scarcity—making even a $1 million price target suddenly plausible.

Published on: December 16, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Anchorage Digital secures NYDFS license to offer institutional crypto solutions

Anchorage Digital has received a BitLicense from the New York State Department of Financial Services (NYDFS), enabling the firm to operate in one of the most heavily regulated crypto markets in the US. The license, granted on Dec. 16, permits Anchorage Digital to provide institutional clients with access to a secure trading environment, offering deep […] The post Anchorage Digital secures NYDFS license to offer...

Published on: December 16, 2024 | Source: CryptoSlate favicon CryptoSlate

What Is 'TapSwap'? The Telegram Game, TAPS Token, and Airdrop Details

UPDATED: TapSwap has set a timeframe for its TAPS token launch on The Open Network (TON) and subsequent airdrop. Here's what you need to know.

Published on: December 16, 2024 | Source: Decrypt favicon Decrypt

Kraken and BitGo will help distribute the first FTX payments in 2025

More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX claimants could see recovery payments distributed as early as January.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

A Last Resort: Un'FE'd Covenants For Bitcoin

Jeremy Rubin recently released a proposal to allow specialized oracles to emulate covenants on Bitcoin with no softforks necessary, secured by a BitVM based slashable bond.

Published on: December 16, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Softbank announces $100B investment in US AI infrastructure

The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida.

Published on: December 16, 2024 | Source: Cointelegraph favicon Cointelegraph

FTX Will Repay Customers in Early 2025 via Kraken and BitGo

Collapsed crypto exchange FTX is set to begin repaying customers, with a first distribution expected within 60 days of January 3, 2025.

Published on: December 16, 2024 | Source: Decrypt favicon Decrypt