In a recent development, Japan has expressed caution regarding the establishment of a national Bitcoin reserve, with key government officials citing concerns over the volatility of the cryptocurrency and its potential impact on foreign exchange regulations. Despite growing interest in Bitcoin and other cryptocurrencies globally, Japan’s government is carefully weighing the risks before committing to large-scale adoption of digital assets …
Latest News
December, 2024
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26 December
“US Election Boosts Crypto Leaders’ Fortunes, Adding Billions in Wealth: Report”
The results of the most recent US presidential election have had a surprising impact on the wealth of cryptocurrency leaders, with many seeing a substantial increase in their fortunes. According to a new report, the election has brought significant financial gains to some of the most prominent figures in the crypto world, adding billions to their wealth. The Surge in …
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26 December
“Vitalik Buterin Donates to Thai Wildlife Charity, Representing the ETH Community’s Generosity”
In an inspiring display of philanthropy, Vitalik Buterin, the co-founder of Ethereum, has made a generous donation to a Thai wildlife charity, showcasing the charitable spirit of the broader ETH community. The donation, made on behalf of Ethereum’s global supporters, highlights the power of blockchain communities to contribute positively to the world beyond technology. The Impact of Vitalik’s Donation Vitalik …
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26 December
Floki Set to Launch FLOKI Token ETP on Switzerland’s SIX Exchange in 2025
In a groundbreaking move, the popular cryptocurrency project, Floki, has announced its plans to launch its very own FLOKI Token Exchange Traded Product (ETP) on Switzerland’s renowned SIX Swiss Exchange in early 2025. This development marks a significant step forward for the Floki ecosystem and the broader cryptocurrency market, bringing the FLOKI token into the world of regulated financial markets. …
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26 December
Spot Bitcoin ETFs Witness $1.5 Billion Outflow: Biggest Dip Since Trump’s 2016 Win
The cryptocurrency market has been rattled as Spot Bitcoin Exchange-Traded Funds (ETFs) experienced a staggering $1.5 billion in outflows over a four-day streak. This marks the largest capital withdrawal since the market shock that followed Donald Trump’s 2016 presidential election victory. The development has raised questions about investor sentiment and the future trajectory of Bitcoin. A Historic Outflow According to …
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25 December
South Korea’s GOPAX Exchange Faces Uncertainty as Takeover Bid Hits Roadblock
South Korea’s GOPAX cryptocurrency exchange is in turmoil as its potential takeover bid stalls, raising questions about the future of the platform. Once a leading player in the country’s rapidly growing crypto market, GOPAX has found itself at a crossroads, with investors and customers alike uncertain about the next steps. The Struggling Takeover Deal Earlier this year, GOPAX entered into …
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25 December
Scammers Steal $500K in X Account Hacks and Meme Coin Scams, Reports ZachXBT
A new report from blockchain investigator ZachXBT reveals that scammers have managed to steal over $500,000 through a combination of breached X (formerly Twitter) accounts and fraudulent meme coin schemes. The report highlights the growing risks of social media exploitation in the cryptocurrency space, as cybercriminals continue to target both high-profile accounts and unsuspecting users. The Rise of X Account …
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25 December
Sui (SUI) Price Set to Surge: Break Above $5.0 Looms as On-Chain Activity Soars
Sui (SUI), one of the fastest-growing cryptocurrencies, is showing strong bullish momentum as it approaches a key price level. With on-chain activity hitting new highs, analysts predict that SUI is poised to break above the critical $5.00 mark, marking the beginning of a new price rally. The Surge in On-Chain Activity Recent data shows a significant increase in on-chain activity …
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25 December
MoonPay Set to Acquire Helio Pay for $150M in Bold Crypto Payment Expansion
In a significant move to strengthen its position in the cryptocurrency payments space, MoonPay has announced plans to acquire Helio Pay, a leading crypto payment platform, for $150 million. The acquisition represents a bold step forward as MoonPay continues its mission to simplify and expand the global use of digital currencies for everyday transactions. Expanding MoonPay’s Global Footprint MoonPay, known …
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25 December
Montenegro’s Constitutional Court Denies Do Kwon’s Appeal Against Extradition Ruling
In a decisive move, Montenegro’s Constitutional Court has rejected an appeal by Do Kwon, the founder of the collapsed Terraform Labs, against his extradition to the United States. This ruling marks another significant chapter in the legal battle surrounding Kwon, who faces charges related to the $60 billion collapse of the TerraUSD stablecoin and its sister cryptocurrency, Luna. Kwon’s Legal …