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December 18, 2023
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FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show

More than $118 million in legal and advisory fees were billed to the bankrupt crypto exchange between August and October, amounting to $1.3 million per day. […]
December 18, 2023
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Daily gas spent on EVM inscriptions surges to record high of $8M

Bitcoin is not the only network getting clogged up with Ordinals inscriptions, with weekend activity on EVM chains also spiking.   Over the recent weekend, transaction […]
December 18, 2023
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Blockchain-based private loans hit $582M, doubling from last year

The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows.   This year, blockchain-based […]
December 18, 2023
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SEC accused of ‘gaslighting’ in Coinbase rulemaking dispute

Pro-XRP lawyer John Deaton said that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC chair’s statements during his congressional testimony earlier in […]
December 18, 2023
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Ripple exec predicts crypto landscape shifts in 2024

Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit and U.S. lawmakers agreeing on the need for crypto regulations.   Stuart Alderoty, the Chief Legal […]
December 18, 2023
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Grayscale mulls over potential tax implications for spot Bitcoin ETFs

The asset management firm declares that the Grayscale Bitcoin Trust falls under the grantor trust structure for tax considerations.   Grayscale is currently assessing the potential […]
December 18, 2023
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Bitcoin won’t be beaten as digital store of value: VanEck CEO

“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck, making a bullish case for BTC.   […]
December 15, 2023
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Solana phone sales skyrocket as degens scramble for pumped-up BONK

At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.” […]
December 15, 2023
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Majority of UK MPs ‘lack crypto knowledge,’ says industry association

According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government.   CryptoUK, a self-regulatory trade association, has […]
December 15, 2023
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Ledger CEO explains hack, calls it ‘isolated incident’

CEO and chairman Pascal Gauthier says the company is working with law enforcement to “find this bad actor, bring them to justice.”   Pascal Gauthier, CEO […]
January 4, 2024
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ENS token surges 70% as Vitalik Buterin lauds platform as ‘super important’

The price of ENS tokens rocketed from yearly lows as Vitalik Buterin lauded the importance of the Ethereum Name Service.   The governance token of the […]
January 4, 2024
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dYdX identifies attacker, considers legal action over $9M loss

To avoid future coordinated attacks with similar tactics, dYdX said it had improved its v3 trading platform to enhance open-interest monitoring and alerts.   Decentralized exchange […]
January 4, 2024
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Cipher Mining buys 16,700 new miners ahead of Bitcoin halving

The Bitcoin mining firm timed the new Avalon miners to install near the expected Bitcoin halving date, which is expected in mid to late April this […]
January 4, 2024
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AI resurrects Elvis Presley for comeback live performances

The British immersive entertainment firm Layered Reality is using AI to create a live performance of Elvis Presley from old personal photos and home video clips. […]
January 3, 2024
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Peter Schiff says spot Bitcoin ETF could crash BTC price

Goldbug Peter Schiff warned that spot Bitcoin ETF approval could collapse the BTC market, while Matrixpoint says SEC greenlight unlikely before Q2, despite general optimism.   […]
January 3, 2024
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IRS rules require reporting data from $10k crypto transactions in 2024

According to Coin Center executive director Jerry Brito, it’s “unclear how one can comply” with the crypto tax reporting guidelines in 2024.   Elements of the […]
January 3, 2024
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Fidelity and Galaxy announce fees for proposed Bitcoin ETFs

Fidelity will charge 0.39% to shareholders of its spot Bitcoin ETF, whereas Galaxy/Invesco will waive fees for six months before charging 0.59% afterward.   Reportedly, the […]
January 3, 2024
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Bitcoin ETF race will push issuers to disclose addresses – Samson Mow

A situation where a spot Bitcoin ETF issuer fakes the underlying BTC volumes is hypothetically possible in case an issuer violates the rules, Samson Mow said. […]
January 3, 2024
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Bitcoin Birthday: 15 years after Satoshi Nakamoto mined genesis block

Fifteen years after the first block of Bitcoin was mined, the original cryptocurrency has battled critics, haters and agitators, and emerged victorious – and is now […]

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