Sun, January 5

Synthetix Exchange Restarts, Launching Multi-Collateral Perpetuals on Base

Following two acquisitions, Synthetix announced its relaunch today with multi-collateral perpetuals on the Base network. The Synthetix reboot comes with the launch of a new website, relaunch of its exchange platform, and Synthetix Leveraged Tokens, along with perpetuals on Base. While the ongoing crypto bull run contributes to the success

December 18, 2024 2 mins read

US Senate Cancels Renomination of SEC Commissioner Caroline Crenshaw

The U.S. Senate Banking Committee has canceled its vote on SEC Commissioner Caroline Crenshaw’s renomination. This decision effectively ends her tenure at the regulatory agency. Scheduled for December 18, the vote was called off due to a lack of legislative floor time, as confirmed by a Senate aide. 🚨BREAKING: A

December 18, 2024 2 mins read

U.S and UAE Crack Down on North Korea’s Illicit Crypto Network

The U.S. Treasury Department, in coordination with the UAE, has imposed sanctions on two Chinese nationals and a UAE-based company for their involvement in laundering millions in cryptocurrency for North Korea. This action underscores the U.S. commitment to countering financial networks that support North Korea’s illicit activities. The Treasury’s Office

December 18, 2024 2 mins read

ASIC Sues Binance Australia Derivatives For Consumer Protection Failure

ASIC filed a lawsuit in the Federal Court complaining that Binance is not focusing on its consumers’ protection. Based on the latest media release from its organization, more than 500 retail clients were misclassified and treated as wholesale clients. In the middle of a booming crypto market, Binance facing a

December 18, 2024 2 mins read

Polygon Co-Founder Slams Aave Leadership as ‘Monopolistic’

The Aave community is debating whether to cease its operations on Polygon, following concerns about the risk profile of bridged assets. This stems from a Dec. 13 proposal by Aave Chain founder Marc Zeller to revise risk parameters for Aave v2 and v3 on Polygon. Zeller’s proposal was prompted by

December 18, 2024 2 mins read

Ohio Lawmaker Derek Merrin Files For State Bitcoin Reserve

The cryptocurrency community has begun its holiday preparations with several events lined up for Christmas and the New Year. Amidst several giveaways, you might want to check out TheNewsCrypto’s Twitter for fun and exciting holiday events. Meanwhile, other members have begun discussions on how the crypto landscape would look like

December 18, 2024 2 mins read

Metaplanet to Issue 4.5B Yen Bonds to Expand Bitcoin Holdings

Tokyo-listed Metaplanet Inc., often referred to as Japan’s MicroStrategy, has announced the issuance of its fourth series of ordinary bonds worth 4.5 billion yen (approximately $30 million). The proceeds from the bonds will be directed toward purchasing Bitcoin (BTC), continuing the company’s strategic reserve asset expansion. The bonds carry a

December 17, 2024 2 mins read

CyberKongz Fights Back Against SEC Wells Notice Over Contract Migration

CyberKongz, a prominent NFT project, has announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), signaling potential enforcement action. The project expressed disappointment in the SEC’s stance, arguing that the regulator’s misunderstanding of blockchain technology has led to unfair accusations.  CyberKongz has received

December 17, 2024 2 mins read

Matrixport Report Says Ethereum Could Restore its Dominance in 2025

After estimating the value of Bitcoin to reach $160,000 in 2025, Matrixport released another report today. Based on its findings, Ethereum could regain its dominance in 2025. While other altcoins such as Solana, Hyperliquid, XRP stole the spotlight this bull run, Ethereum was just afloat and sustained its price rally. 

December 16, 2024 2 mins read
Floating Icon