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December 11, 2023
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Crypto exchange HTX sees outflows top $258M following exploit

The Justin Sun-linked crypto exchange HTX had $258 million in outflows after a $30 million exploit in November.   Crypto investors have been withdrawing their assets […]
December 11, 2023
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Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K

The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains.   On December 11, at […]
December 11, 2023
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Bitcoin price correction hints start of altseason, trader suggests

BTC price momentum started in October and helped the world’s top cryptocurrency make significant strides, gaining nearly $10,000 in the past month.   On December 11, […]
December 8, 2023
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BBVA migrates crypto custody service to Ripple-owned Metaco’s Harmonize

Harmonize will allow the bank to connect to blockchains beyond Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services.   BBVA Switzerland, a […]
December 8, 2023
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Bitcoin new high set for late 2024, Binance to lose top spot – VanEck

2024 will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset […]
December 8, 2023
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Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement

Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the […]
December 8, 2023

Polygon CDK to power Web3 loyalty program for Indian e-commerce Flipkart

Flipkart shared plans to use Polygon CDK as the base to build an Ethereum-based ZK layer-2 network, which can help the e-commerce platform scale future growth […]
December 8, 2023
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Kazakhstan blocked 980 non-licensed crypto exchanges in 2023

The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.   In 2023, Kazakhstan’s Financial Monitoring Agency (AFM) restricted nearly […]
December 8, 2023
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Investment firm floats yield-bearing ETF based on MicroStrategy stock

Investment firm YieldMax has applied to launch an ETF allowing investors to earn monthly yields on MicroStrategy shares.   YieldMax, a company specializing in exchange-traded funds […]
December 8, 2023
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Hive Digital says BTC miners bought last Dec. have already paid themselves off

Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs […]
December 27, 2023
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Hong Kong to oblige stablecoin issuers to obtain license – consultation paper

The criteria for obtaining an HKMA license will include full backing of all circulating stablecoins with reserves “at least equal to the par value.”   Hong […]
December 27, 2023
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Grayscale refiles Bitcoin ETF application as Barry Silbert departs

Grayscale has “finally surrendered” to cash creations in its amended filing to convert GBTC into a spot Bitcoin ETF.   Grayscale, a cryptocurrency asset management firm, […]
December 27, 2023
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Crypto ‘trading platforms’ were part of $2.2B illegal Chinese forex ring: Report

The latest bust is another salvo in China’s war on capital flight — which some believe is the real reason behind the country’s continued ban on […]
December 27, 2023
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Bitrace report zeroes in on stablecoin money laundering methods

Illegally obtained stablecoin may sell at a premium or a discount, depending on how it is being laundered.   Blockchain research firm Bitrace has conducted a […]
December 27, 2023
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ARK’s Cathie Wood sees short-term effect of spot Bitcoin ETF as ‘sell on news’

ARK Invest CEO Cathie Wood expects some investors to “sell on the news” of spot Bitcoin ETF approval in the short term, but the long-term perspective […]
December 27, 2023
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Amid legal troubles, Changpeng Zhao’s wealth increased by $25B in 2023

Bloomberg ranked the former Binance CEO as the 35th wealthiest person on the planet, ahead of Citadel CEO Ken Griffin and behind Uniqlo CEO Tadashi Yanai. […]
December 26, 2023
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Tether mints $1B USDT for ‘inventory replenish’ — CEO Paolo Ardoino

Tether Treasury minted another one billion “authorized but not issued” USDT on Christmas Day, triggering some skepticism from the community.   Tether, the company behind the […]
December 26, 2023
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Stablecoin laws: 25 countries had legislation in place in 2023

Out of 43 countries analyzed by PwC, as many as 25 jurisdictions had stablecoin regulations in place in 2023.   The stablecoin sector, featuring cryptocurrencies like […]
December 26, 2023
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Sotheby’s sold $35 million worth of digital art in 2023

The 279-year-old British-American auction house also recorded the highest fee for digital artwork yet in 2023.   Sotheby’s, the renowned fine arts auction house, has reported […]

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