EU-based crypto firms are now subject to guidance from the banking watchdog in its “fight against financial crime.”
Decentral Block Post
Sam Bankman-Fried’s parents seek dismissal of FTX clawback lawsuit
Joseph Bankman and Barbara Fried said the lawsuit seeks to “capitalize on the sheer fact” they were the parents of the former FTX CEO.
IRS steps back crypto tax rules, exempting TXs over $10k from obligations
The IRS didn’t state when it intends to issue new regulations detailing how U.S. businesses will need to report cryptocurrency transactions.
Bitcoin miner Core Scientific to exit bankruptcy, relist shares in ‘coming days’
Crypto mining firm Core Scientific is putting an end to its 13-month restructuring journey, with an emergence targeted for Jan. 23.
Being a developer for the decentralized web sucks
Web3 developers are suffering from a lack of common standards for integrating the tech, apps, and APIs that they need in order to build.
Socket protocol loses $3.3M in confirmed approval exploit
An attacker drained funds from users who had previously made infinite approvals to a Socket contract.
Cantor Fitzgerald head on Tether reserves: ‘They have the money’
Howard Lutnick should be in a position to know about Tether’s finances, as his company is its U.S. Treasury securities portfolio manager.
Bitcoin price shows strength at $43K despite Coinbase, GBTC selling
Bitcoin price continues to rebound even as the spot BTC ETFs fail to meet investors’ expectations.
Use cases, not greed, will drive the industry forward: Crypto panel at Davos
Crypto influencers may increase interest in the space by making investors believe they can achieve short-term gains, but uses for blockchain technology could make them stay.
Fake spot Bitcoin ETF tweet ‘likely wasn’t the SEC,’ says Blockchain Association director
Ron Hammond said the inclusion of the Bitcoin logo and the graphics scheme suggested that the SEC had not been behind drafting a spot BTC ETF approval tweet.
Ethereum outperforms Bitcoin by 20%, but how long can ETH hold $2.5K support?
ETH’s rally is backed by increased on-chain activity and the markets’ anticipation of a network upgrade and spot ETF, but is this enough?
Grayscale Bitcoin Trust ETF transfers another $376M in BTC as price stabilizes
The GBTC fund sent another 8,730 BTC to Coinbase Prime as the Bitcoin price leveled out from earlier declines.
Multichain CEO resurfaces on Telegram as investors search for answers
He’s arrest by Chinese police in May 2023 led to the collapse of the $1.6 billion Multichain protocol.
Governance key to enjoying rapidly developing benefits of AI: WEF panel
Industry executives expressed optimism and caution at a World Economic Forum panel on AI hosted by Cointelegraph’s Kristina Lucrezia Cornèr.
SUI price gains 300% as TVL spikes 2,000% in 90 days — What’s behind the move?
An uptick in protocol fundamentals appears to back the 300% rally in SUI price.
Crypto exchange Bitget pledges $10M for women-led Web3 startups
The Blockchain4Her initiative is aimed at promoting gender diversity and inclusivity in the blockchain industry.
Microsoft CEO calls OpenAI partnership ‘pro-competition’ amid UK, EU merger probes
Speaking at the World Economic Forum, he also discussed surpassing Apple in global market cap.
Uniswap budgets $300K for v4 development with $150M token launch KPI
The decentralized exchange’s grant is valid for two years and may be extended based on performance.
Florida governor, who pledged CBDC ban, comes in second in Iowa Caucus
Ron DeSantis, who vowed to ban central bank digital currencies if elected U.S. president, came in roughly 30 points behind former President Donald Trump in a key state race.
Spot Ethereum ETF not coming ‘anytime soon,’ says Mark Yusko
The Morgan Creek Capital CEO gives less than 50% odds that a spot Ethereum ETF will be approved in the U.S. in 2024.
Elon Musk ‘uncomfortable growing Tesla to be a leader in AI’ without 25% voting control
The comments come a day after Musk posted a staged video of a Tesla robot folding a shirt.
Bitcoin ETF guru Eric Balchunas has the last laugh at doubters: X Hall of Flame
Mocked by colleagues at Bloomberg for his Bitcoin ETF obsession, Eric Balchnuas had the last laugh when his prediction came off to the day.
Avalanche embraces memecoin culture despite criticism
Avalanche is embracing memecoin culture, but high-profile figures, including Ethereum’s Vitalik Buterin, have recently spoken out against memes and “degen gamblers.”
WalletConnect launches ‘Web3Inbox’ notification app for Web3 users
The Web3Inbox app lets users get notifications via a wallet account without signing up for Discord, Telegram or X.
Why is Bitcoin price stuck?
Bitcoin's price is stuck in a range, balancing optimism from increased institutional investments against concerns over potential sell-offs by miners.
Filecoin Foundation explores space for decentralized storage system
Filecoin Foundation president Marta Belcher explained that centralized architecture can face issues like files getting corrupted when in space.
Tether responds to UN report about ‘illicit activity’ of USDT
The UN “completely neglects” developing economies using stablecoins like USDT because servicing them would be “unprofitable” for the agency, Tether argued.
OpenAI attempts to dispel fears of AI meddling in political elections
As 2024 anticipates a global election cycle, OpenAI says it wants to prevent AI misuse, bring transparency, and enhance voter access to accurate voting information.
Argentine president to allow provinces to circulate own currencies
President Javier Milei believes that the market will ultimately decide on the value of the projects.
Indian crypto exchanges lure in Binance, OKX investors after FIU ban
The Financial Intelligence Unit issued a notice of noncompliance against 10 foreign crypto exchanges on Dec. 28, 2023.