🗞 CryptoNews of the Day 🗞
Do Kwon's Extradition to US Delayed as Montenegro Appeals Court Orders Review: The extradition of Terra Labs’ Do Kwon to the United States has been temporarily halted as a Montenegro court has ordered a review of the case.
👉Details: https://coinmarketcap.com/academy/article/do-kwons-extradition-to-us-delayed-as-montenegro-appeals-court-orders-review
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Coinbase Appeals SEC's Denial of Rulemaking Petition on Crypto Securities: Coinbase, a leading cryptocurrency exchange based in the U.S., is pressing ahead with its efforts to secure clear regulatory guidelines for cryptocurrencies classified as securities.
👉Details: https://coinmarketcap.com/academy/article/coinbase-appeals-secs-denial-of-rulemaking-petition-on-crypto-securities
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OKX NFT Marketplace Surges Past Blur and OpenSea With Bitcoin Ordinals Trading: OKX's non-fungible token (NFT) platform has outperformed prominent rivals like OpenSea, Blur, and Magic Eden in terms of 24-hour trading volume.
👉Details: https://coinmarketcap.com/academy/article/okx-nft-marketplace-surges-past-blur-and-opensea-with-bitcoin-ordinals-trading
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Palau Launches Phase 2 of Palau Stablecoin Program With Ripple: The Ministry of Finance of Palau has officially initiated the second phase of its Palau Stablecoin (PSC) program.
👉Details: https://coinmarketcap.com/academy/article/palau-launches-phase-2-of-palau-stablecoin-program-with-ripple
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Aurory’s SyncSpace Bridge on Arbitrum Camelot DEX Reportedly Exploited: Decentralized gaming ecosystem Aurory, built on the Solana blockchain, reportedly fell victim to a breach on December 17.
👉Details: https://coinmarketcap.com/academy/article/aurorys-syncspace-bridge-on-arbitrum-camelot-dex-reportedly-exploited
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Tether Reveals Partnerships With Secret Service, FBI in Letter to U.S. Senate: Tether, the company behind the leading USDT stablecoin, has made public the letters it sent to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
👉Details: https://coinmarketcap.com/academy/article/tether-reveals-partnerships-with-secret-service-fbi-in-letter-to-us-senate
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CoinList Reaches $1.2M Settlement With OFAC Over Alleged Sanctions Violation: CoinList, a cryptocurrency exchange based in the United States, has agreed to a settlement of $1.2 million with the Treasury's Office of Foreign Assets Control (OFAC).
👉Details: https://coinmarketcap.com/academy/article/coinlist-reaches-dollar12m-settlement-with-ofac-over-alleged-sanctions-violation
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SafeMoon Crashes by Over 50% as It Files for Chapter 7 Bankruptcy: On December 14, SafeMoon officially filed for Chapter 7 bankruptcy protection at the United States Bankruptcy Court in the District of Utah.
👉Details: https://coinmarketcap.com/academy/article/safemoon-crashes-by-over-50percent-as-it-files-for-chapter-7-bankruptcy
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Dapps Compromised After Ledger Connector Hack: Hacker inserted code into Ledger's ConnectKit library that displayed fake wallet connection prompts aimed at draining users' funds.
👉Details: https://coinmarketcap.com/academy/article/dapps-compromised-after-ledger-connector-hack
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JPMorgan: Ethereum Will “Recapture Market Share” After Protodanksharding Upgrade: JPMorgan analysts have expressed their expectation that Ethereum (ETH) will outperform Bitcoin (BTC) and other cryptocurrencies in 2024.
👉Details: https://coinmarketcap.com/academy/article/jpmorgan-ethereum-will-recapture-market-share-after-protodanksharding-upgrade
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3AC’s Su Zhu Will Be Released in December After Interrogation in Court: Su Zhu, the co-founder of the now-bankrupt crypto hedge fund Three Arrows Capital (3AC), is reportedly set to be released this month following an interrogation in a Singapore court.
👉Details: https://coinmarketcap.com/academy/article/3acs-su-zhu-will-be-released-in-december-after-interrogation-in-court
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Former US President Donald Trump Launches Mugshot NFT Collection: Former United States President Donald Trump has announced the launch of his third non-fungible token (NFT) collection, titled "MugShot."
👉Details: https://coinmarketcap.com/academy/article/former-us-president-donald-trump-launches-mugshot-nft-collection
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Celestia Integrates Data Availability Layer with Polygon CDK: Polygon Labs' chain development kit (CDK) has announced its integration with Celestia, a data availability solution provider.
👉Details: https://coinmarketcap.com/academy/article/celestia-integrates-data-availability-layer-with-polygon-cdk
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BlackRock Amends Bitcoin ETF Application, Easing Access for Wall Street Banks: BlackRock, the world's largest asset manager, has made revisions to its spot Bitcoin exchange-traded fund (ETF) application.
👉Details: https://coinmarketcap.com/academy/article/blackrock-amends-bitcoin-etf-application-easing-access-for-wall-street-banks
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FIFA Launches NFT Collection With Modex Ahead of 2023 Club World Cup: FIFA, the governing body of international soccer competitions, has announced the launch of a non-fungible token (NFT) collection in collaboration with blockchain firm Modex.
👉Details: https://coinmarketcap.com/academy/article/fifa-launches-nft-collection-with-modex-ahead-of-2023-club-world-cup
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Ripple, Coinbase, a16z Pledge $78 Million to Support Pro-Crypto Candidates in 2024 US Elections: The Fairshake political action committee (PAC) announced that major industry firms and individuals.
👉Details: https://coinmarketcap.com/academy/article/ripple-coinbase-a16z-pledge-dollar78-million-to-support-pro-crypto-candidates-in-2024-us-elections
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Helium Mobile Tweaks Rewards Rules Amid Surge in Signups and Reward Farming: Helium Mobile, a low-cost cellular network that rewards users with MOBILE tokens for sharing their location data, has modified its rules.
👉Details: https://coinmarketcap.com/academy/article/helium-mobile-tweaks-rewards-rules-amid-surge-in-signups-and-reward-farming
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Bitwise Launches New Ad Campaign for Bitcoin ETF: Bitwise Asset Management, a hopeful contender for a Bitcoin (BTC) exchange-traded fund (ETF), has launched the first ad for a Bitcoin spot ETF product.
👉Details: https://coinmarketcap.com/academy/article/bitwise-launches-new-ad-campaign-for-bitcoin-etf
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NFT Trader Hacker Returns 36 BAYC and 18 MAYC After Receiving 120 ETH Bounty: All Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs) that were stolen from the peer-to-peer trading platform NFT Trader have been returned.
👉Details: https://coinmarketcap.com/academy/article/nft-trader-hacker-returns-36-bayc-and-18-mayc-after-receiving-120-eth-bounty
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Arbitrum Operations “Back to Normal” After Inscriptions Surge Caused Outage: Arbitrum, a layer-2 blockchain on Ethereum, announced on Friday that its systems were back to full functionality following a temporary outage.
👉Details: https://coinmarketcap.com/academy/article/arbitrum-operations-back-to-normal-after-inscriptions-surge-caused-outage
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Venture Capital Firm a16z Reveals U.S. Lobbying Plans: Andreessen Horowitz (a16z), a prominent venture capital firm, has unveiled a new strategy.
👉Details: https://coinmarketcap.com/academy/article/venture-capital-firm-a16z-reveals-us-lobbying-plans
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Balaji Launches Fund To Develop Bitcoin "Network States" Backed by Tech Billionaires, Including Brian Armstrong: A new investment fund, the Balaji Fund, has been unveiled with the aim of creating libertarian societies known as "Network States."
👉Details: https://coinmarketcap.com/academy/article/balaji-launches-fund-to-develop-bitcoin-network-states-backed-by-tech-billionaires-including-brian-armstrong
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Solana’s Saga Phone Sales Surges Thanks to BONK Memecoin: The Saga phone, once facing lackluster sales, is now witnessing a surge in demand due to the memecoin BONK.
👉Details: https://coinmarketcap.com/academy/article/solanas-saga-phone-sales-surges-thanks-to-bonk-memecoin
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SEC Extends Deadline on Invesco and Galaxy Digital Spot Ethereum ETF to February 2024: The United States Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the spot Ether exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital.
👉Details: https://coinmarketcap.com/academy/article/sec-extends-deadline-on-invesco-and-galaxy-digital-spot-ethereum-etf-to-february-2024
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Solana-based Memecoin BONK Surges After Coinbase Listing: BONK, the popular Solana (SOL) memecoin that has rallied significantly in recent weeks, saw another spike following Coinbase's announcement of its listing on Thursday.
👉Details: https://coinmarketcap.com/academy/article/solana-based-memecoin-bonk-surges-after-coinbase-listing
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Worldcoin Launches World ID 2.0, Integrates with Shopify, Reddit, Minecraft, Telegram and Mercado Libre: Worldcoin (WLD), the blockchain-based identity and financial platform founded by OpenAI’s Sam Altman, has unveiled an upgraded version of its World ID feature, known as "World ID 2.0."
👉Details: https://coinmarketcap.com/academy/article/worldcoin-launches-world-id-20-integrates-with-shopify-reddit-minecraft-telegram-and-mercado-libre
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U.S. IRS Highlights Crypto-Related Cases in Annual Top Ten Criminal Cases List: The U.S. Internal Revenue Service's Criminal Investigation division has released its annual list of the "most prominent and high-profile" cases it investigated in 2023.
👉Details: https://coinmarketcap.com/academy/article/us-irs-highlights-crypto-related-cases-in-annual-top-ten-criminal-cases-list
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Crypto Exchange KuCoin To Pay $22M, Ban New York Users in Settlement with New York Attorney General: KuCoin, a major cryptocurrency exchange, has reached a settlement with the State of New York, agreeing to pay a total of $22 million and terminate access for users in the state.
👉Details: https://coinmarketcap.com/academy/article/crypto-exchange-kucoin-to-pay-dollar22m-ban-new-york-users-in-settlement-with-new-york-attorney-general
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U.S. Sen. Elizabeth Warren Adds New Co-Sponsors for Digital Asset AML Bill, What Does That Mean for Crypto?: 5 new senators joined as co-sponsors of Warren's Digital Asset Anti-Money Laundering Act, including 3 members of the banking committee.
👉Details: https://coinmarketcap.com/academy/article/us-senator-elizabeth-warren-adds-new-cosponsors-for-digital-asset-aml-bill
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UK Pension Fund M&G Invests $20M in First British-Regulated Bitcoin Derivatives Exchange: M&G, the investment arm of a UK-based pension fund, has invested $20 million in Global Futures & Options Holdings (GFO-X), the country's first regulated Bitcoin derivatives exchange.
👉Details: https://coinmarketcap.com/academy/article/uk-pension-fund-mandg-invests-dollar20m-in-first-british-regulated-bitcoin-derivatives-exchange
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