South Korea Implements New Crypto Regulations
The Financial Services Commission (FSC) of South Korea has announced that by July 2024, investors in digital assets must receive interest on funds held on exchanges.
Is Google Betting on a Spot Bitcoin ETF?
Google has timely adjusted its advertising policy regarding cryptocurrency trusts.
Bitcoin Ordinals Labeled as Cybersecurity Risk
The National Vulnerability Database (NVD) has noted that the data carrier limits in Ordinals can be bypassed, potentially allowing data to be disguised as code in certain versions of Bitcoin Core and Bitcoin Knots.
Tether Proactively Enforces Sanction Compliance
Tether has frozen nearly 161 Ethereum wallets, with only 11 holding USDT.
Hoskinson: Crypto Industry’s Future No Longer Tied to Bitcoin
Cardano founder Charles Hoskinson has asserted that the survival and growth of the crypto industry are no longer dependent on Bitcoin. He argues that newer technologies have significantly outstripped Bitcoin in functionality.
Grok: A Genuine Crypto Enthusiast?
The chatbot Grok, developed by Elon Musk’s team, was asked by X’s users if it deals with cryptocurrency. In response, Grok revealed its passion for crypto dating back to its very beginnings.
The US Unemployment Rate Sees a Decline
The unemployment rate in the US for November fell from 3.9% to 3.7%, defying expectations that it would stay the same.
Starknet Announces the Distribution of 1.8 Billion STRK Tokens
According to a recent post on X, Starknet is set to distribute 1.8 billion STRK tokens, as part of various initiatives to foster the adoption and growth of the Starknet blockchain.
Worldcoin Developer Eyes Investment Through WLD Token Sale
The lead developer of Worldcoin, Tools For Humanity, is considering selling WLD tokens to attract funding and is currently engaging in preliminary discussions with investors. Unofficially, it is understood that they are looking to sell these tokens at a 50-60% discount, aiming to raise $50 million.
NFT Trading Volume in November Surges by 125%
The total NFT trading volume for November 2023 witnessed a substantial 125% increase from the previous month, almost touching the $1 billion threshold. This spike is attributed to a significant jump in the average transaction value, which escalated by 114% to $270.
FinCEN’s Crypto Proposals Challenge US Constitutional Principles
Crypto enthusiast Preston Pysh has scrutinized the recent proposals by the Financial Crimes Enforcement Network (FinCEN) aimed at tracking all cryptocurrency transactions. He contends that these rules are in conflict with several US laws and the Constitution, and they do not align with the traditional scope of bank transfers.
VanEck’s 2024 Forecast: 15 Key Insights
Asset management giant has shared its 2024 forecast, offering insights into the future of BTC, DeFi, ETFs, and DEXs.
El Salvador Introduces Crypto ‘Freedom Visa’
This initiative offers a residency visa and a pathway to citizenship to 1,000 individuals who invest $1 million in Bitcoin or Tether in the country.
New Cryptocurrency Wallet Launched by Uphold
Uphold has launched the beta version of the cryptocurrency wallet, equipped with multi-signature and private key recovery features. Initially, it will support Ripple (XRP), with plans to add more coins in the first quarter of 2024.
New Stablecoin Released by Gyroscope
In an effort to mitigate risks associated with other stablecoins, such as centralized and algorithmic ones, Gyroscope has launched the Gyro Dollar (GYD), a decentralized stablecoin, on the Ethereum blockchain. The project has attracted investments from key industry players like Galaxy and Placeholder.
Robinhood Expands Crypto Trading to Europe
The platform will offer zero trading fees and a unique feature where customers receive a percentage of their monthly trading volume in Bitcoin.
Sotheby’s Auctions Bitcoin Ordinals’ Collection
The BitcoinShrooms collection will mark the first-ever Ordinals’ collection to be auctioned by Sotheby’s.
What’s the Latest with Grayscale’s GBTC?
The Grayscale Bitcoin Trust (GBTC) is presently trading at about an 11% discount below the net asset value (NAV) of the trust, though it recently dipped to nearly 8%.
JPMorgan Takes a Stand Against Cryptocurrency
“I’ve always been deeply opposed to bitcoin, crypto, etc.,” JPMorgan Chase CEO Jamie Dimon told senators in a hearing examining the U.S. banking industry. He even expressed a desire to ban cryptocurrencies if he had the authority.
Worldcoin Announces 2 Million WLD Grant Distribution
Worldcoin, co-founded by Sam Altman, is launching the WAVE0 grant program worth about $5 million in WLD tokens. Its aim is to expand the possibilities for the developer community to advance the Worldcoin Tech Tree.
Megadeth Takes on the Digital Realm
Iconic thrash metal band Megadeth is stepping into the world of NFTs with their newly announced collection. This set comprises 5000 NFTs, each showcasing their mascot, Vic Rattlehead.
Happy 10th Anniversary to Dogecoin!
Today marks a decade since the official launch of the well-known meme coin on December 6, 2013.
Coinbase Introduces Crypto Transfers via Links
To receive the funds, recipients are required to download a Coinbase Wallet, although the exchange has aimed to simplify this process for users less familiar with technology.
UK Court Permits Getty Images’ Lawsuit Against Stability AI
A UK court greenlights Getty Images’ lawsuit against Stability AI for suspected copyright violations. The judge found convincing reasons to move forward with the legal proceedings.
Gate Exchange Accused of Fake Trading Volumes
Gate users are raising concerns about suspected artificial inflation of trading data, pointing to irregular spikes in volume over the last week. For instance, on December 5, the total trading volume reportedly skyrocketed to nearly $4 billion, a stark contrast to other days where it seldom exceeded $1.5 billion.
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.