Dogecoin Soars 21% as Whales Accumulate, Galaxy Predicts $1 DOGE by 2025
Dogecoin (DOGE) has experienced a remarkable surge, gaining 21% over the past week, significantly outperforming other major memecoins like Shiba Inu, Pepe, and Bonk. At the time of publication, DOGE…
Phantom Crypto Wallet Refutes Airdrop Rumors, Confirms No Token Launch Plans
Phantom, a leading digital asset wallet, has dismissed rumors circulating in the cryptocurrency community about a potential token airdrop tied to its upcoming social discovery feature. In a Jan. 3…
Bitcoin Network Settles $19 Trillion in Transactions in 2024, Surpassing Previous Year
In 2024, the Bitcoin network saw a remarkable surge in transaction volume, with over $19 trillion settled across its platform, more than double the $8.7 trillion recorded in 2023. This…
Crypto’s Record-Breaking Year Sees Surge in Kidnappings and Ransom Schemes
Crypto traders are increasingly being targeted by kidnappers and extortionists, as highlighted by several recent high-profile cases. As the cryptocurrency market continues to surge, criminals are exploiting the growing sector,…
Solana Developers Introduce Quantum-Resistant Vault for Enhanced Security
Solana developers have launched a quantum-resistant vault, known as the “Solana Winternitz Vault,” designed to protect user funds from the potential threats posed by quantum computers. The vault utilizes a…
Biden Criticizes Trump’s Plan to End U.S. Birthright Citizenship
U.S. President Joe Biden expressed strong opposition to President-elect Donald Trump’s plan to end birthright citizenship in the U.S., calling it “awful.” Speaking to reporters at the White House, Biden…
US Republican Lawmakers Demand Treasury Answers on Chinese Hack of Employee Workstations
Two US Republican lawmakers are urging the Treasury Department to provide answers regarding a Chinese state-sponsored cyberattack that compromised employee workstations. In a Dec. 31, 2024, letter to Treasury Secretary…
California Resident Files Lawsuit Against 3 Asia-Based Banks Over $1M Crypto Scam
A California resident has filed a lawsuit against three Asia-based banks, accusing them of neglecting necessary checks that could have prevented crypto scammers from defrauding him of nearly $1 million.…
New Code Fuels Rumors X Payments Launch May Be Imminent
A recent leak of the latest software code behind Elon Musk’s X platform has ignited speculation that the highly anticipated payments system, X Money, could be launching soon. The leak…
USDC Market Cap Jumps 80% from 2023 Lows as Onchain Activity Surges
The circulating supply of Circle’s USD Coin (USDC) has seen a significant surge, rising 80% from its cyclical lows, as onchain activity continues to pick up momentum. According to data…
Morgan Stanley Considers Adding Crypto Trading to E-Trade Platform
Morgan Stanley, one of the largest asset management firms in the world, is reportedly considering adding cryptocurrency trading to its E-Trade online brokerage platform. According to a January 2 report…
KuCoin Launches New Point-of-Sale System to Enable Crypto Payments for Businesses
KuCoin, one of the world’s largest cryptocurrency exchanges, has introduced a new point-of-sale (PoS) system that enables its users to make payments using their exchange balances. This new feature, known…
Celsius Challenges Court’s Rejection of $444M Claim in FTX Litigation
The defunct cryptocurrency lending platform Celsius has initiated an appeal against a judicial order that rejected its substantial financial claims in its bankruptcy proceedings. This move follows Judge John T.…
Binance Achieves 21st International Crypto License with Brazilian Authorization
Binance, the world’s foremost cryptocurrency exchange, has obtained its 21st international regulatory approval, this time from Banco Central do Brasil (BCB), the central bank of Brazil. This authorization is a…
Decline in Crypto Theft: December Sees Lowest Losses of 2024
In the closing month of 2024, the digital asset community witnessed a significant reduction in financial losses due to scams, exploits, and hacks. December registered the lowest amount stolen all…
U.S. Crypto Executives Anticipate Clearer Regulations Under New Administration
With the imminent arrival of a new U.S. presidential administration and Congress, the digital asset industry is abuzz with expectations of potentially more accommodating regulatory frameworks. Key industry leaders are…
Terraform Co-founder Do Kwon Pleads Not Guilty in First US Court Appearance After Extradition
Do Kwon, the co-founder of Terraform Labs, appeared before a US magistrate on January 2, 2025, and pleaded not guilty to multiple charges related to the collapse of the Terra…
Trump and Republicans Incorrectly Attribute New Orleans Incident to Immigration Issues
President-elect Donald Trump and certain Congressional Republicans have incorrectly linked President Joe Biden’s immigration policies to a recent tragic attack in New Orleans, despite the perpetrator being a U.S. citizen.…
Singapore’s Strategic Moves Position It as Asia’s Next Major Cryptocurrency Hub
Singapore‘s burgeoning status as a pivotal center for Web3 and cryptocurrency firms is set to solidify, bolstered by a regulatory environment that favors innovation. In 2024, the Monetary Authority of…
Persistent Illegal Crypto Advertising Challenges UK Regulatory Efforts
Despite intensified efforts by the UK’s Financial Conduct Authority (FCA) to regulate the digital asset space, illegal cryptocurrency advertisements continue to pervade the United Kingdom. The Financial Times reported that…