December 2024 - BTC USA

Blockchain

Binance Labs Rebrands and Expands Investment Scope for 2025, Mentions CZ in Plans

December 31, 2024 Dan K

Binance Labs rebrands for 2025, broadening investments to AI, Biotech, secondary markets. CZ to connect with founders and engage in projects personally.

Vietnamese police conducting a raid at a fraudulent crypto company's headquarters to prevent further scams.

Vietnamese Police Foil $1.17M Crypto Scam, Protect 300 Potential Victims

December 30, 2024 Dan K

Vietnamese police thwarted a $1.17M crypto scam involving fictitious tokens, protecting 300 potential victims and dismantling a fraudulent scheme.

Uncategorized

Janover to Accept Bitcoin for Payments: A Strategic Move Inspired by MicroStrategy

December 30, 2024 Dan K

A.I. real estate platform Janover adopts Bitcoin payments, citing MicroStrategy’s success and increasing crypto support. Ethereum, Solana also accepted.

Legal challenge by blockchain groups against IRS broker rule impacting DeFi.

IRS Targets DeFi: Blockchain Groups Challenge New Broker Reporting Rule

December 29, 2024 Dan K

Blockchain groups sue IRS, claiming new broker rules harm DeFi innovation, privacy, and U.S. blockchain leadership. Regulatory overreach debated.

Over 50% of crypto transactions in nations like Argentina and Venezuela involve stablecoins, per Chainalysis.

Trump’s Bitcoin Policies Depend on US Economic Standing: Ki Young Ju

December 29, 2024 Dan K

Ki Young Ju says Trump’s Bitcoin policies rely on US dollar dominance. Stablecoins extend USD hegemony as threats to US economy boost BTC demand.

A visual representation of Bitcoin alongside the US Capitol building, symbolizing the government's potential Bitcoin reserve policies.

US Government Unlikely to Buy Bitcoin in 2025, Says Galaxy Digital Research Head

December 28, 2024 Dan K

Galaxy Digital’s Alex Thorn predicts the US government won’t buy Bitcoin in 2025, but policy discussions around Bitcoin reserves may gain traction.

Blockchain Association's legal action against IRS over new crypto broker regulations, with DeFi and privacy at stake.

Blockchain Association Sues IRS Over Crypto Broker Rules

December 28, 2024 Dan K

Blockchain Association sues IRS, claiming new crypto broker rules infringe on privacy, exceed authority, and risk stifling U.S. blockchain innovation.

Visualization of blockchain and crypto scams in 2024.

Pig Butchering Crypto Scams Cost Victims $3.6B in 2024

December 27, 2024 Dan K

Pig butchering scams cost crypto users $3.6B in 2024, exploiting Ethereum vulnerabilities and fake investments, as revealed in a Cyvers Web3 security report.

Blockchain

Frax Finance Opens Vote on BlackRock’s BUIDL as Backing Asset for Stablecoin

December 27, 2024 Dan K

Frax Finance launches a vote to use BlackRock’s BUIDL fund as a reserve asset for its proposed stablecoin. All current votes favor the proposal.

Blockchain

Animoca Brands Co-Founder Yat Siu’s X Account Hacked Amid Wave of Crypto Scams

December 26, 2024 Dan K

Animoca Brands co-founder Yat Siu’s X account was hacked to promote a bogus token. Investigator ZachXBT links it to a $500K crypto phishing scam wave.