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28 December

Vivek Ramaswamy’s Strive Launches ETF Targeting Bitcoin-Linked Convertible Bonds

In an exciting development for the cryptocurrency and investment landscape, Vivek Ramaswamy’s investment firm, Strive, has officially filed to launch an exchange-traded fund (ETF) focused on Bitcoin-linked convertible bonds. This bold move signals Strive’s commitment to bringing innovative investment solutions to market and highlights the growing interest in blending traditional finance with the world of digital assets. What is a …

28 December

Cardano Price Could Fall 57%, But 2025 Holds Massive Potential – Here’s How High ADA Could Soar

Cardano (ADA), one of the most promising blockchain platforms in the cryptocurrency world, has garnered significant attention over the years. With its focus on scalability, sustainability, and the academic approach behind its development, many investors and enthusiasts have been excited about the potential of Cardano. However, despite the optimistic outlook, recent market trends have sparked concerns that the Cardano price …

28 December

NYSE-Listed KULR Tech Makes Bold Move: Acquires $21M in Bitcoin

In a groundbreaking move that has captured the attention of the financial and cryptocurrency communities, KULR Technology Group (KULR), a company listed on the New York Stock Exchange (NYSE), has announced that it has acquired $21 million in Bitcoin. This bold decision marks a significant shift in KULR’s investment strategy and signals the growing acceptance of cryptocurrencies in the corporate …

28 December

Bitget to Burn 800M BGB Tokens: A Bold Move to Slash 40% of Supply

In a game-changing announcement, Bitget, a leading cryptocurrency exchange, revealed in its latest whitepaper that it plans to burn 800 million BGB tokens—equivalent to 40% of the total supply. This significant decision is expected to bolster the value of the exchange’s native token and enhance its ecosystem. The Burn Explained: What It Means for BGB Holders Token burns are a …

28 December

Pig Butchering Crypto Scams Drain $3.6B from Victims in 2024, Report Reveals

In a startling new report, it has been revealed that “pig butchering” crypto scams have cost victims a staggering $3.6 billion in 2024 alone. This alarming rise in fraudulent activities highlights the growing sophistication of scammers preying on crypto investors and marks a significant increase compared to previous years. The report sheds light on the tactics employed by scammers and …

28 December

Crypto Community Reacts Strongly to New IRS DeFi Reporting Rules

The crypto community is in an uproar following the release of new DeFi reporting rules by the Internal Revenue Service (IRS). These new regulations, aimed at increasing transparency and improving tax compliance within the rapidly growing decentralized finance (DeFi) sector, have sparked widespread debate among crypto enthusiasts, developers, and tax professionals. While the IRS aims to close potential loopholes and …

28 December

Solana Shines in December: DEX Trading Volume Surpasses $100B Despite Bearish Trends

Amidst a generally bearish December for the cryptocurrency market, Solana has emerged as a surprising standout. Despite broader market downturns, decentralized exchange (DEX) trading volume on the Solana blockchain has surpassed $100 billion, signaling resilience and continued growth for the network. A Strong Finish to 2024 While the overall crypto market struggled with declining prices and investor caution, Solana’s performance …

28 December

Montenegro Greenlights Do Kwon’s Extradition to the US for Prosecution

In a significant development for the world of cryptocurrency and international law, Montenegro has approved the extradition of Do Kwon, the controversial founder of Terraform Labs, to the United States. Kwon, who is at the center of a massive fraud investigation following the collapse of his blockchain project, now faces prosecution in the US for his role in the TerraUSD …

28 December

“Crypto Council for Innovation CEO’s X Account Hacked to Promote $SPELL Token Scam”

In a shocking cybersecurity breach, the official X (formerly Twitter) account of the CEO of the Crypto Council for Innovation (CCI) was hacked to promote a fraudulent $SPELL token scheme. This high-profile hack has raised alarms about the vulnerabilities of social media platforms and the growing sophistication of crypto scams. The Hack: How It Happened The CEO’s X account, which …

28 December

Kyrgyzstan’s Crypto Mining Tax Revenue Plummets 50% to Just $500K in 2024

Kyrgyzstan, a country known for its relatively favorable crypto mining environment, has seen a sharp decline in its tax revenue from the sector. According to recent reports, the country’s crypto mining tax revenue has dropped by 50% in 2024, totaling just $500,000—far below previous years’ earnings. This significant reduction has raised questions about the future of crypto mining in the …