Sat, April 4

Stablecoin Issuer Tether Mints $3B in USDT Amid Crypto Market Rally

On November 23rd, in response to higher trading activity in the cryptocurrency markets, especially when Bitcoin’s price approached $100,000, stablecoin issuer Tether added $3 billion in USDT tokens to the Ethereum and Tron networks. According to data compiled by Arkham Intelligence, two billion USDT were created in a single transaction

November 25, 2024 1 min read

Crypto Market Braces for Key Impactful US Events This Week

With a number of important events planned, including the FOMC Minutes, the US PCE inflation, and the Q3 GDP (first revision) data, the cryptocurrency market is about to enter a pivotal week. Furthermore, market players’ anxieties have been heightened by the cryptocurrency market’s expiration. For background, investors are waiting to

November 25, 2024 2 mins read

Hong Kong’s ZA Bank Opens Crypto Trading for Retail Investors in Asia

ZA Bank, Hong Kong’s largest digital bank, has become the first bank in Asia to offer direct Bitcoin (BTC) and Ethereum (ETH) trading services through its platform. The service has been officially launched on November 25, 2024.  This facilitates users to trade the two major cryptocurrencies using Hong Kong dollars

November 25, 2024 2 mins read

Phishing Heist on Solana Nets $3M in PYTH Tokens

A recent phishing attack on the Solana blockchain has led to the theft of 7 million PYTH tokens, valued at approximately $2.9 million. PeckShield, a blockchain security firm, identified the incident as a “zero-transfer poisoning attack.” The stolen tokens were swapped for 11,000 SOL before being consolidated into another wallet.

November 25, 2024 2 mins read

Metaplanet Brings Bitcoin Magazine to Japan to Promote Bitcoin Adoption

Metaplanet Teams Up with BTC Media Japanese investment firm Metaplanet has finalized a licensing agreement with BTC Media to launch Bitcoin Magazine Japan, which is aiming to drive nationwide awareness and Bitcoin adoption. This collaboration, which was initially outlined in July, was announced at the Bitcoin Conference in Nashville, Tennessee.

November 25, 2024 2 mins read

Tornado Cash Developer Alexey Pertsev’s Pre-Trial Detention Extended

Developers of privacy-preserving technology are understandably concerned by the decision to keep Alexey Pertsev in pre-trial detention. While he awaits trial, Pertsev, developer of the Tornado Cash protocol for mixing cryptocurrencies, will stay in custody. Pertsev voiced his displeasure with the court’s decision to prolong his detention in a post

November 23, 2024 2 mins read

Shytoshi Kusama Teases TREAT Token Launch to Enhance Trust and Governance

The introduction of the TREAT token, a significant component of the SHIB ecosystem, was announced by Shiba Inu head Shytoshi Kusama. Ryoshi, the creator of SHIB, had the idea for Treat to replace BONE as the reward token for ShibSwap. Furthermore, beyond these capabilities, TREAT seeks to improve the Shiba

November 23, 2024 2 mins read

Coin Center Analyzes Crypto Policy Under Trump as Surveillance Tops Concerns

Following Donald Trump’s re-election to the U.S. president earlier this month, the analysis of the crypto policy landscape was released by the non-profit crypto industry research and advocacy organization Coin Center. Though some difficult challenges will certainly remain. The organization does concede in the report that many in the sector,

November 23, 2024 2 mins read

South Korean Crypto Platform Delio Declared Bankrupt Amid $1.75B Debt

According to several local news reports, a court in Seoul, South Korea, declared virtual asset deposit platform Delio bankrupt on November 22. Delio stopped allowing withdrawals last year because they owed their clients 245 billion won ($1.75 billion). The process of liquidation will be initiated by Delio. The first creditors’

November 23, 2024 2 mins read

Polymarket Expands Access Restrictions Amid French Compliance Inquiry

In light of a rumoured inquiry into the platform’s compliance with local gambling regulations, prediction marketplace Polymarket has widened its access restrictions to include users in France. Although the company has not yet made an official announcement regarding the ban on French users. A message stating that Polymarket is in

November 23, 2024 2 mins read
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