Bankrupt crypto exchange FTX is preparing to present an updated reorganization plan to the court in mid-December.
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Web3 firms to support ecosystem development through grants amid market uptick
The Worldcoin Foundation rolled out a $5 million grant to support its community through WLD tokens or stablecoins.
Russia debuts cross-border payments in Tether stablecoin
In addition to Tether, companies transacting through the Exved system can use the U.S. dollar and the offshore ruble, the platform said.
Polygon 2.0: 2024 to see unified ZK-powered L2 chains
Polygon’s evolution will continue into 2024 as various protocols that make up its ecosystem become increasingly interconnected through the use of zero-knowledge proofs.
Polygon 2.0: 2024 to see unified ZK-powered L2 chains
Polygon’s evolution will continue into 2024 as various protocols that make up its ecosystem become increasingly interconnected through the use of zero-knowledge proofs.
Robinhood launches crypto trading services in Europe
All eligible customers in the EU region can access Robinhood for crypto trading services, with over 25 cryptocurrencies available for trade.
Robinhood launches crypto trading services in Europe
All eligible customers in the EU region can access Robinhood for crypto trading services, with over 25 cryptocurrencies available for trade.
AI regulations in global focus as EU approaches regulation deal
Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead.
British regulator adds Justin Sun-linked Poloniex to warning list after $100M hack
The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization.
Ocean mining pool refutes claims of censoring certain Bitcoin transactions
Dashjr rejected blame for accusations aimed against Ocean and asked Samourai Wallet to fix the bug “on your end.”
Bitcoin HODL Waves: 2020 bull market buyers now control 16% of supply
Bitcoin (BTC) has gained a new generation of hodlers in the past three years as stubborn investors refuse to sell.
Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins.
BTC price should go “way higher” for hodlers to sell
Bitcoin’s longer-term investor cohorts, also known as long-term holders (LTHs), are in no mood to decrease their exposure despite the 2023 bull run.
HODL Waves, which groups the BTC supply by the time elapsing since each coin last moved, shows a particular age band growing considerably over the past year.
Since the bear market bottomed in late 2022, unmoved coins in two to three years have increased their presence within the overall supply considerably. Last December, the group accounted for around 8% of the supply; now, its share is more than 15%.
Bitcoin HODL Waves: 2020 bull market buyers now control 16% of supply
Bitcoin buyers from the past cycle are more stubborn than ever before, data shows, even after 165% year-to-date BTC price gains.
US GOP presidential candidate slams Gensler and ‘three-letter agencies’
U.S. presidential candidate Vivek Ramaswamy slammed Gary Gensler and the SEC at the Republican Party presidential debate.
Bitcoin’s huge rally has nuked $6B in shorts this year — S3 Partners
Short sellers have lost more than $6 billion trying to bet against crypto stocks in 2023.
Crypto is for criminals? JPMorgan has been fined $39B and has its own token
JPMorgan CEO Jamie Dimon is being hauled over the hot coals by the crypto community on X (formerly Twitter) after claiming Bitcoin (BTC) and cryptocurrency’s “only true use case” is to facilitate crime.
“The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance,” Dimon said in a hearing before the United States Senate Committee on Banking, Housing, and Urban Affairs on Dec. 5. “If I were the government, I’d close it down.”
But crypto pundits quickly pointed out the hypocrisy in Dimon’s statements, highlighting that JPMorgan is the second-largest penalized bank, having paid $39.3 billion in fines across 272 violations since 2000, according to Good Jobs First’s violation tracker.
About $38 billion of these fines came under Dimon’s watch, who has been CEO since 2005.
“Talk about being a fucking hypocrite!” said crypto lawyer John Deaton in a Dec. 6 post on X.
Crypto is for criminals? JPMorgan has been fined $39B and has its own token
Crypto proponents on X wasted no time pointing out the hypocrisy of JPMorgan CEO Jamie Dimon’s recent remarks about Bitcoin and crypto to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
Crypto is for criminals? JPMorgan has been fined $39B and has its own token
Crypto proponents on X wasted no time pointing out the hypocrisy of JPMorgan CEO Jamie Dimon’s recent remarks about Bitcoin and crypto to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
House Committee passes bill to ‘preserve U.S. leadership’ in blockchain
The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology.
House Committee passes bill to ‘preserve U.S. leadership’ in blockchain
The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology.
Terraform’s Do Kwon mounts last-ditch effort to avoid extradition: Report
Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro.