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Russia to impose regional controls over crypto mining starting Jan 2025
Russia's Gov't has published a draft resolution on banning or providing restrictions on mining locally. The ban will take effect on Jan. 1, 2025, and run until Mar. 15, 2031
India risks losing $2b in tax revenue as crypto traders shift to offshore platforms: report
India could lose over $2 billion in tax revenue from cryptocurrency transactions over the next five years due to its tax policies driving traders to offshore platforms, according to a recent report
KickStreaming X account hacked, now pushing Solana-based crypto scam tokens
KickStreaming's account on X was hacked and used to push Solana-based scam tokens.
Brazil’s largest crypto exchange Mercado Bitcoin integrates INJ
Mercado Bitcoin, Brazil's largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective blockchain.
Bitcoin ETFs continue outflow streak as BTC tumbled under $93k
Spot Bitcoin exchange-traded funds in the United States saw their third straight day of outflows as Bitcoin struggled to recover to $100K following the Fed’s hawkish rate cut
Grayscale files Form 8-K for Horizen Trust with United States SEC
U.S. Digital Asset Investment Manager Grayscale has submitted a Form 8-K filing with the U.S. Securities and Exchange Commission regarding Horizen Trust.
RWA platform Allo secures $100m Bitcoin-backed credit facility
U.K.-based Greengage has backed the $100 million financing round for RWA tokenization platform Allo
Solana L2 Sonic includes TikTok users in airdrop
Solana GameFi network Sonic will airdrop free tokens to TikTok users for joining its crypto game
Chainlink introduces MEV recapture solution for DeFi
Chainlink's SVR solution allowing decentralized finance protocols recapture maximal extractable value is live in testnet
XRP price slowly forms a rare pattern: is a rebound coming?
The XRP price is slowly forming a bullish pennant chart pattern, pointing to more gains in the next few months
Gaming prediction market Forkast to launch on Ronin
Community Gaming plans to launch it on-chain game prediction market forkast on Ronin blockchain in early January, 2025
MicroStrategy enlarges Bitcoin coffers by $561m
MicroStrategy extended its weekly Bitcoin buying spree for the seventh time, solidifying its position as the crypto’s largest corporate holder with almost $45 billion
Ethereum price may be about to surge, history says
Ethereum price may soon surge in the next few months, according to seasonality since the first quarter is usually its best period
Crypto funds hit by $1b outflows amid market volatility: CoinShares
Crypto funds saw $1 billion in outflows at the end of last week, including $576 million in a single day, amid market jitters following a hawkish Fed stance
Russia's Kaspersky warns scammers post crypto wallet seed phrases on YouTube to steal funds
Scammers are exploiting YouTube's comments section, sharing seed phrases to lure greedy individuals into a multi-signature wallet scam
Upbit set to delist Bitcoin Gold on Jan. 23, 2025 due to trading caution
South Korea's largest crypto exchange, Upbit, plans to stop trading support for Bitcoin Gold starting from Jan. 23, 2025 at 14:30 KST. Users can still withdraw BTG 30 days after the date of delisting
North Korean hackers likely behind DMM Bitcoin's $307m attack
Japanese police revealed Tuesday that hackers affiliated with the North Korean regime are likely behind the $307 million attack on crypto exchange DMM Bitcoin
Philippines SEC releases new crypto regulatory framework draft
The Philippine Securities and Exchange Commission shared a draft version of its cryptocurrency regulations framework. Stakeholders are invited to give feedback on the draft no later than Jan. 18 2025
Singapore outpaces Hong Kong in crypto adoption amid uneven regulatory approach
Singapore's stance on crypto licenses has outpaced Hong Kong, where regulatory hurdles have slowed the city's progress
Cosmos Network developers transfer around $27.8 m in Bitcoin
According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years.
Solaxy presale raises $4.5M for Solana Layer 2 solution - next crypto poised to explode
Solaxy nears $5M presale goal, offering low entry prices and high staking APY to early investors on Solana's Layer 2. #partnercontent
Crypto.com launches U.S. trust company
Crypto.com has launched Crypto.com Custody Trust Company, a U.S. trust company that will custody all digital assets for its users in North America
Hyperliquid Labs debunks DPRK links, but experts are unsure
Hyperliquid Labs, the team behind HYPE’s $28 billion FDV token, refuted claims that North Korean hackers had infiltrated its layer-1 protocol
Binance Labs, Kraken Ventures back $10m round for stablecoin issuer Usual
Binance Labs and Kraken Ventures co-led a $10 million Series A fundraising for RWA-backed stablecoin issuer Usual
Solana beats Ethereum in a key metric 3 months in a row
Solana has beaten Ethereum in DEX volume for the third month in a row, as demand for meme coins gained momentum
Blockchain developer market becomes more centralized post-FTX, data shows
The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital's research report shows
AAVE price rises as smart money buys, exchange balances falls
AAVE price has rallied as smart money investors bought and as exchange balances continued falling this week
Christmas lull? Major cryptos down as investors appear to be taking profits
Despite being just a day away from Christmas Eve, the crypto market shows no signs of recovery, as Bitcoin, the flagship crypto asset, has failed to stay above $100K
Most Layer 2 solutions are still struggling with scalability and cost challenges | Opinion
Ethereum’s L2 solutions face significant challenges in delivering the scalability and cost-effectiveness that applications like meme coins demand, argues Laurent Zhang.
Here’s why HYPE fell 20% over the past day
Hyperliquid's native token, HYPE, which had been on an upward trend over the past few days, experienced a 20% price dip today, trading at $26.54, while its market cap dropped below $9 billion