This week in crypto: Vitalik Buterin said he plans to redesign Ethereum staking and praised the UTXO payment model, MicroStrategy CEO Michael Saylor bought an additional $593 million worth of BTC, Reddit renounced Moons’ contract completing the decentralization of the token, and Bitfinex’s tokenized bond raised only $1.5 million of its initial target of $10 …
Source: a video screenshot, Future Unity / YouTube There has been a surge in meme coins linked to Elon Musk following the billionaire’s verbal outburst at X (formerly Twitter) advertisers. Meme coins have become a breeding ground for eccentric tokens inspired by various personalities and events. This week, the latest addition to this trend comes in the …
Elon Musk’s Verbal Outburst Sparks Surge in ‘GFY’ Meme Coins Read More »
Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund’s Bitcoin futures contracts reached a record $1.47 billion in value. That’s up from $1.1 billion at the start of the month, and $544 …
Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares Read More »
Source: AdobeStock KuCoin Ventures, the investment arm of crypto exchange KuCoin, has pledged a grant of $20,000 to the Open Network (TON) blockchain platform. KuCoin Ventures to Provide $20K Grant to TON Ecosystem – The investment arm of crypto exchange KuCoin will provide a $20,000 grant to the TON network to fund ongoing initiatives in …
KuCoin Ventures Release $20K Grant to Build TON-Based Mini-Apps Read More »
Source: AdobeStock / Roman Samokhin The team behind KyberSwap announced that it would offer grants from the protocol’s treasury to victims of the recent exploit, aiming to provide monetary relief. In a post on X (formerly Twitter), the team behind KyberSwap reiterates its unwavering commitment to supporting law enforcement and cybersecurity efforts to track down …
KyberSwap Announces Grants from Protocol Treasury to Aid Victims of Recent Exploit Read More »
TL;DR Ripple vs. SEC Legal Struggle: Ripple is engaged in a nearly three-year legal battle with the SEC over allegations of selling XRP as an unregistered security, having secured some partial court victories. Speculation of Early Settlement: A confidential SEC meeting has sparked online speculation about a possible early settlement in the Ripple case. Potential …
Ripple (XRP) v. SEC Settlement Rumors Run Rampant on Twitter (X) Read More »
Michael Novogratz, the founder and CEO of Galaxy Digital Holdings Ltd., anticipates that Bitcoin will reclaim its previous peak within a year, fueled by the growing expectation that the U.S. Securities and Exchange Commission (SEC) will greenlight the first American exchange-traded fund (ETF) directly holding Bitcoin. Meanwhile, there has been a surge in Bitcoin ETF …
The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated from cryptocurrencies on offshore exchanges. According to a live recording from the Federal Senate, the new rule applies to crypto users with assets worth more than R$6,000 ($1,200) on all offshore exchanges. Brazilian Crypto Users …
Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges Read More »
The ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin (BTC) ETF to launch in the United States – has topped a new record for assets under management (AUM) this week, now boasting nearly $1.5 billion in Bitcoin futures contracts. The record signals eagerness among institutions to gain exposure to BTC before approval of a …
First U.S. Bitcoin ETF Reaches Record AUM, Tops $1.47 Billion Read More »
Trust Wallet, a leading self-custody and multi-chain wallet boasting over 70 million users, is experiencing issues with its Bitcoin nodes. The heightened transaction volume has reportedly led to instability among various node providers, causing technical difficulties for Trust Wallet users relying on these nodes for their Bitcoin transactions. Trust Wallet Experiences Bitcoin Node Issues According …
Trust Wallet Faces Bitcoin Node Issues Due to Increased Network Transactions Read More »
