Dec 21 2024
Arkansas Republican will succeed North Carolina’s Patrick McHenry, who is retiring after a 20-year stint in Congress. The position means Hill will be key for legislative initiatives for the crypto industry that will take shape in the coming year. In a formal , the 68-year-old highlighted his promise to work closely with Speaker Mike Johnson, …
Dec 20 2024
Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firm’s board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. The document also reveals Bitcoin purchases and accumulation will be conducted with BTC …
Dec 14 2024
Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin led …
Dec 13 2024
Binance and Circle announce a strategic partnership to promote USDC. USDC is a stablecoin jointly owned by Circle and Coinbase. Binance will incorporate USDC into its full suite of products and services, offering 240 million global users access to the stablecoin for trading, saving, and payment applications. Details about revenue sharing in this arrangement remain …
Dec 11 2024
USDT emerged as a leading digital asset in Q4 2024, with 109 million on-chain wallets holding it, more than double the number for Bitcoin. 86 million accounts on centralized platforms have received USDT deposits. Analysts estimate that at least one-third – and possibly up to half – of the 330 million users who have interacted …
Dec 10 2024
Eleanor Terrett raised the alarm on X, stating: “There’s a fake article circulating using my name and official Fox graphics to promote a scam BlackRock token sale” She also users to remain vigilant against the scam. The fake report, dated December 5, falsely claimed that BlackRock had launched a presale for a token named “BlackRock …
Dec 10 2024
The Royal Government of Bhutan transferred 402 Bitcoin (BTC) worth $39.56 million to QCP Capital. This is the latest in a series of transactions from Bhutan’s government, which has been actively selling its Bitcoin reserves since October. The government has not disclosed the reasons behind these transactions, but deposits to cryptocurrency exchanges are often associated …
Dec 10 2024
A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain. In total, roughly 43,400 DEX traders were impacted during the entire ordeal. A sandwich attack is an MEV technique where an attacker identifies a pending …
Dec 10 2024
The SEC has accused Touzi Capital, LLC, and its founder and CEO, Eng Taing, of defrauding investors out of approximately $115 million. The investment firm raised nearly $95 million by claiming the funds would be used for crypto mining operations. This lawsuit is part of a broader crackdown by the SEC on cryptocurrency-related schemes, as …
Dec 10 2024
Azerbaijan’s government has intensified its crackdown on independent media. Six journalists from Meydan TV, one of the country’s few remaining independent outlets, detained. Ministry of Interior Affairs claimed that Ramin Jabrayilzada [Deko], an independent reporter collaborating with Meyda TV, was at Baku airport on allegations of smuggling foreign currency. Authorities also detained five other journalists …