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December 12, 2023
FTT-crypto-exchange

IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.   The bankrupt cryptocurrency exchange FTX […]
December 12, 2023
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FIFA launches NFT collection amid 2023 Club World Cup

FIFA NFTs, minted on Algorand, have totaled only $2.4 million in trading volume since their inception last September.   The Fédération Internationale de Football Association (FIFA), […]
December 12, 2023
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El Salvador’s Bitcoin bond gets regulatory approval, targets Q1 launch

The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1 2024.   El Salvador is poised to […]
December 12, 2023
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Dubai awards conditional crypto license to climate-friendly Web3 firm

AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.   The Virtual Assets Regulatory Authority […]
December 12, 2023
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Blockchain gaming market in North America is projected to reach $600B by 2030 — Report

The current market is growing at a 21.8% CAGR, according to a report from Fortune researchers.   According to a report from Fortune Business Insights released […]
December 12, 2023
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Bitcoin dev denies adding inscriptions to National Vulnerability Database

Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a […]
December 12, 2023
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Avalanche was ‘undervalued’ before posting 79% weekly gain – Analysts

AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi.   Avalanche (AVAX), […]
December 11, 2023
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South Korea excludes NFTs, CBDCs from crypto interest mandate

Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits.   The Financial Services Commission (FSC) of […]
December 11, 2023
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Solana memecoin Bonk flips Pepe following 370% monthly gain

The dog-themed token has surged to become the third-largest memecoin overall.   The Solana-based dog-themed memecoin, Bonk (BONK), has recently made a significant leap in the […]
December 11, 2023
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Nvidia plans Vietnam expansion for AI development

Nvidia CEO said the company has plans to expand its partnership in Vietnam and potentially set up a base to attract local talent in the AI […]
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 […]
December 26, 2023
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SEC sets deadline for spot Bitcoin ETF updates on Dec. 29

The issuers that don’t meet the Dec. 29 deadline will not be part of the first wave of potential spot Bitcoin ETF approvals in early January. […]
December 26, 2023
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Overcoming centralized governance: How DAOs democratize decision making

DAOs emerge as a potential solution to centralized governance, offering democratic and transparent decision-making.   The crypto ecosystem, with its emphasis on democratizing finance and promoting […]
December 26, 2023
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Grayscale execs Barry Silbert, Mark Murphy quit board of directors

Grayscale said Mark Shifke, Matthew Kummell and Edward McGee have been appointed to the board effective Jan. 1, 2024, with Shifke succeeding Silbert as chairman.   […]
December 26, 2023
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Bitcoin hash rate hits new peak, but profitability tumbles

Bitcoin network hash rate has reached a new all-time high of over 540 exahashes per second. However, hash price and profitability are sinking again.   On […]

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