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Home2024December

Month: December 2024

A digital representation of cybercrime with a hacker in the background and Bitcoin symbols on a screen
Blockchain

Crypto Analyst Predicts ‘Flash Crash’ as $618M Liquidations Hit Market

December 4, 2024 Dan K

Crypto analyst warns of a flash crash after $618M liquidations, urging calm and viewing it as a long-term buying opportunity amid market volatility.

Coinbase logo displayed with a Turkish flag backdrop symbolizing its withdrawn application to enter the Turkish cryptocurrency market.
Blockchain

Coinbase Withdraws Pre-Application to Enter Turkish Market

December 3, 2024 Dan K

Coinbase pulls its Turkish pre-application just months after filing. The decision raises questions amid evolving crypto regulations and market shifts.

Ted Cruz speaking at a press event after introducing legislation to block Federal Reserve CBDC
Blockchain

South Korea’s Crypto Trading Surpasses Stock Market by 22%, Hits $18B in 24 Hours

December 3, 2024 Dan K

South Korea’s crypto trading hit $18B in 24 hours, surpassing stock market volumes by 22%, with XRP, DOGE, and XLM leading the altcoin surge.

Reserve Rights token price chart showing an 88% surge linked to Trump’s SEC chair speculation.
Blockchain

Trump’s Likely SEC Pick Fuels RSR Token Rally to Multiyear High

December 3, 2024 Dan K

RSR token surges 88% to multiyear highs on speculation Trump may nominate pro-crypto advocate Paul Atkins as SEC chair, sparking market optimism.

WisdomTree logo alongside XRP symbol and SEC building.
Blockchain

WisdomTree Files for Spot XRP ETF, Expanding Crypto Investment Offerings

December 2, 2024 Dan K

WisdomTree files an S-1 for a spot XRP ETF with the SEC, aiming to expand crypto investment opportunities. Coinbase affiliates will serve as custodians.

Saudi Arabian officials and tech leaders announce a $14.9B AI investment at a technology conference in Riyadh.
Blockchain

Japan’s Metaplanet to Reward Shareholders with Bitcoin for Holding Stock

December 2, 2024 Dan K

Metaplanet partners with SBI VC Trade to reward shareholders with Bitcoin through a lottery system, aiming to enhance value and boost crypto adoption globally.

Telegram founder Pavel Durov in a formal setting, facing legal challenges.
Blockchain

Clipper DEX Attributes $450K Hack to Withdrawal Vulnerability, Denies Private Key Leak

December 2, 2024 Dan K

Clipper DEX confirms $450K hack stemmed from withdrawal vulnerability, not private key leak. Investigations and recovery efforts are ongoing.

Chart showcasing Stellar and XRP’s triple-digit growth in Grayscale’s crypto portfolio.
Blockchain

Grayscale’s Crypto Holdings Surge in November Amid Stellar and XRP’s Triple-Digit Gains

December 1, 2024 Dan K

Grayscale’s crypto holdings surged 85% in November, driven by Stellar’s 469% and XRP’s 262% gains. Altcoin season signals more growth ahead.

Ted Cruz speaking at a press event after introducing legislation to block Federal Reserve CBDC
Blockchain

Russia Recognizes Crypto as Property, Imposes New Tax Rules on Mining

December 1, 2024 Dan K

Russia’s new law imposes a 13%-15% tax on crypto sales, exempts mining from VAT, and grants digital currencies property status, effective January 2025.

SEC building with Touzi Capital logo and crypto mining rigs in the background
Blockchain

SEC Sues Touzi Capital for Allegedly Defrauding Over 1,200 Crypto Investors

December 1, 2024 Dan K

The SEC sues Touzi Capital, alleging a $95M fraud involving 1,200 investors misled about crypto mining fund risks, profitability, and fund usage.

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BillFodl
  • Shaquille O’Neal Pays $1.8M to Settle FTX Lawsuit, Avoids Future Liability
  • Walmart and Amazon Explore Stablecoins to Revolutionize E-Commerce Payments
  • Connecticut Bans Crypto Use in Government, Rejects Bitcoin Reserves
  • House Agriculture Committee Advances CLARITY Act for Crypto Regulation
  • Meta’s $15B Bet on Scale AI Marks Aggressive Push Toward Superintelligence
  • Tether to Open-Source Bitcoin Mining OS by Q4 2025, CEO Dismisses Need for Third-Party Vendors
  • U.S. Crypto Firms Rally Behind Blockchain Certainty Bill in CLARITY Act
  • Tether’s USDT Appears on Price Tags in Bolivia Amid Economic Crisis
  • Michael Saylor Hints at New Bitcoin Buy After $1B Stock Offering
  • Zhao’s Dark Pool DEX Could Undermine HyperLiquid, Warns Top Trader
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