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Bitcoin and XRP Prices Plunge in South Korea as President Declares Martial Law

Amid political upheaval in South Korea, the price of Bitcoin fell by 33% on Upbit before rebounding, with XRP charting an even sharper dip.

Decrypt favicon Decrypt 11 months ago 1 min read

BTC/KRW pair dipped 30% as South Korea’s president declared martial law

In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Patrick McHenry, Maxine Waters Introduce Bill to Regulate AI in Financial Services

“AI is already impacting mortgage lending and credit scoring, among other things,” Waters noted in the bill.

Decrypt favicon Decrypt 11 months ago 1 min read

Massive deleveraging stopped Bitcoin from breaking through $100k

While a bull rally correction has been anticipated, Bitcoin’s drop from its all-time high of $99,600 to $92,000 managed to wipe out a good chunk of optimism from the market. The pace of Bitcoin’s growth since the US presidential elections in November led many to expect BTC to break through the coveted $100,000 mark relatively […] The post Massive deleveraging stopped Bitcoin from breaking through $100k appeared first...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

How Portal-to-Bitcoin is unlocking Bitcoin’s potential in cross-chain DeFi

Unlike many cross-chain bridges, Portal-to-Bitcoin uses a combination of threshold signatures and atomic swaps.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

ECB ‘Makes Progress’ on Offline Digital Euro Payments for Mobile

The ability to conduct transactions offline could be a crucial feature in ensuring the privacy of cash-like CBDC payments.

Decrypt favicon Decrypt 11 months ago 1 min read

Chainlink ‘god candle’ appears as LINK price soars 27% in 24 hours

LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Bitcoin falls to $61k on South Korean exchanges as President declares martial law

Bitcoin’s price fell from $96,000 to $93,700 today after South Korean President Yoon Suk Yeol declared emergency martial law. The decline appears driven by selling pressure from South Korean won (KRW) trading pairs, where Bitcoin experienced sharper drops. On South Korean exchanges like Upbit, Bitcoin’s price plummeted to as low as $61,674, significantly below global […] The post Bitcoin falls to $61k on South Korean...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

The Sandbox, Decentraland, and Gala Gaming Tokens Surge After Long Lull

“People hold gaming tokens because they believe in the potential of Web3 to redefine gaming,” Yield Guild Games co-founder Gabby Dizon told Decrypt.

Decrypt favicon Decrypt 11 months ago 1 min read

BlackRock’s Bitcoin ETF tops 500K BTC holdings worth $48B

BlackRock’s IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Franklin Templeton tokenized funds get verification system on Jiritsu

Jiritsu launched a verification system for Franklin Templeton’s EZBC and FOBXX funds, which will allow retail tokens backed by these funds to be developed.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Tezos launches world’s first Uranium marketplace on blockchain

AI applications and data centers are creating a growing demand for uranium, which is now available for retail investors for the first time.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Microsoft’s Bitcoin dilemma: Ride $5T BTC wave or avoid risk

Microsoft’s shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor's pitch Orange Pill the tech giant? What are the stakes and risks?

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Trump’s likely SEC pick fuels RSR token rally to multiyear high

The community has linked the 88% spike in the price of the Reserve Rights token to Donald Trump, who is likely to pick Paul Atkins as the next SEC chair.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Crypto phishing scams to rise during holiday shopping season — Cyvers

Losses to crypto phishing scams fell 53% in November, but the Christmas holiday shopping season presents new opportunities for hackers.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

MicroStrategy can ignore Bitcoin bear market price crash to $20K — Research

Corporate Bitcoin adoption is "going parabolic," and early birds have little to worry about when it comes to BTC price corrections.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Bitcoin ‘Trump trade’ finished until BTC breaches key $98K resistance

Bitcoin could rise to the $110,000 mark if it manages to breach $98,000, resulting in more buyer demand for the world’s first cryptocurrency.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Cardano and XRP outperform Bitcoin by over 200% as developers hard work pays off

Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape. While the two previously underperforming coins have felt the pressure of […] The post Cardano and...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

DMM Bitcoin exchange liquidates, and rug pulls are on the rise: Crypto-Sec

Crypto exchange DMM will liquidate after suffering a $320 million hack back in May.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

The lack of soft forks is due to a lack of interest— not a lack of process

Bitcoin Core developers will dedicate their time and energy to whatever part of the codebase they find most interesting or important to work on. So far, that hasn’t really been any of the soft fork proposals.

Bitcoin Magazine favicon Bitcoin Magazine 11 months ago 1 min read

Ripple warns of deepfake scams amid XRP price surge

Ripple, the blockchain firm behind XRP, has cautioned the crypto community about increased scams following the asset’s significant price rally. In a Dec. 2 update on X (formerly Twitter), Ripple reminded users that it will never request XRP transfers. The company clarified that this policy extends to its executives, including CEO Brad Garlinghouse and CTO […] The post Ripple warns of deepfake scams amid XRP price surge...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

The GAM3 Awards 2024 Winners Announced

Congratulations to all the winners of the GAM3 Awards 2024 across the 21 categories. Find out who won and what prizes they will receive.

Decrypt favicon Decrypt 11 months ago 1 min read

Coinbase Cuts Ties With Law Firms Hiring 'Anti-Crypto' SEC Officials

Coinbase CEO Brian Armstrong pointed to Milbank, a global law firm that recently hired a former head of the SEC’s Enforcement Division.

Decrypt favicon Decrypt 11 months ago 1 min read

Dogecoin, Pepe and Other Top Meme Coins Fall as Focus Shifts to XRP

Some believe the sector has more room to grow as traders seek to benefit from heady speculations into the new year.

Decrypt favicon Decrypt 11 months ago 1 min read

XRP Meme Coins Like ARMY Are Blowing Up Right Now

Meme coins on XRP Ledger are blasting off as the Ripple-linked XRP hits seven-year highs, now up over 400% this week.

Decrypt favicon Decrypt 11 months ago 1 min read

Japanese Crypto Exchange to Shut Down After $300M Hack, Transfer Accounts to SBI

Japanese crypto exchange DMM Bitcoin will transfer customer accounts and assets to SBI VC Trade by March 2025 following a massive cyberattack.

Decrypt favicon Decrypt 11 months ago 1 min read

US Spot Bitcoin, Ethereum ETFs See Record $7.6 Billion Net Inflows For November

Inflows indicate a maturing market, with ETFs emerging as the favored instrument for traditional finance to access Bitcoin and Ethereum.

Decrypt favicon Decrypt 11 months ago 1 min read

Marathon Digital leverages dual strategy to surpass mining goals and boost Bitcoin reserves

Marathon Digital reported a record performance in its Bitcoin mining operations for November amid its ongoing commitment to acquiring the top crypto asset for its reserves. In a Dec. 2 statement, the company revealed that its BTC production rose by 26% month-over-month to 907 BTC. Additionally, its energized hash rate surged 15% to reach 46.1 […] The post Marathon Digital leverages dual strategy to surpass mining goals...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

Allocation Update - Q3 2024

Curious about the projects and community initiatives that were funded last quarter? Explore the Q3 grantees and their impactful work below:...

Ethereum Blog favicon Ethereum Blog 11 months ago 1 min read

Fortnite-Like Game 'OpenSeason' Is Burning 82% of Its Token Supply—Here’s Why

The makers of crypto shooter OpenSeason said they "accidentally" burned the tokens from a competition—but it's only the start of the burn.

Decrypt favicon Decrypt 11 months ago 1 min read

Nike-owned NFT wearables RTFKT to sunset in January

The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

South Korean politicians agree to implement 2-year moratorium on crypto taxation

South Korea’s Democratic Party agreed to delay the implementation of crypto taxation laws, signaling a temporary truce in the heated debate over digital asset regulation in the country, the Korean Herald reported on Dec. 2. Democratic Party floor leader Rep. Park Chan-dae announced the agreement to postpone the taxation of crypto profits by two years.Park […] The post South Korean politicians agree to implement 2-year...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

AI Companions Could Fuel Radicalization Among Lonely Young Men, Ex-Google CEO Warns

While AI offers significant opportunities, its risks for younger, impressionable users should be addressed, particularly among men.

Decrypt favicon Decrypt 11 months ago 1 min read

Coinbase Adds Apple Pay Onramp Support for Bitcoin, Dogecoin and More

Onboarding to crypto just got easier. Apps using Coinbase’s Onramp payments feature can now onramp from fiat-to-crypto using their Apple Pay Wallets.

Decrypt favicon Decrypt 11 months ago 1 min read