XRP Ledger Slashes Base Reserve Requirement by 90% to Foster Greater Accessibility
On December 2nd, the XRP Ledger implemented a significant reduction in its base reserve requirements, lowering the threshold from 10 XRP ($25.60 at current prices) to just 1 XRP ($2.56).…
Coinbase to Sever Ties with Law Firms Employing Former Anti-Crypto Regulators
Coinbase CEO Brian Armstrong has taken a firm stance against law firms that employ individuals previously involved in anti-crypto regulatory actions. Armstrong expressed his concerns through a post on X…
South Korea’s Retail Crypto Trading Volume Surpasses $18 Billion, Outstripping Local Stock Market
In a remarkable display of investor engagement, retail trading volumes for cryptocurrency assets in South Korea have soared to $18 billion over the last 24 hours, surpassing the country’s stock…
Crypto Exchange Volumes Surge to Three-Year High in November Following Trump’s Election Victory
November saw cryptocurrency exchange volumes reach a three-year peak, largely propelled by Donald Trump’s victory in the United States presidential election, which ignited expectations of more favorable cryptocurrency regulations. Data…
Concerns Over Pete Hegseth’s Drinking Habits Emerge from Fox News Colleagues
Pete Hegseth, recently designated as President-elect Donald Trump’s choice for defense secretary, has reportedly had issues with alcohol that concerned his colleagues at Fox News. This information comes from 10…
Alex Mashinsky Reaches Plea Deal on Two Charges
Former Celsius CEO Alex Mashinsky has reached a plea agreement with U.S. prosecutors following an unsuccessful attempt by his legal team to dismiss charges in his criminal indictment. During a…
Potential Integration of Staking Yields in U.S. Ethereum ETFs Under New Administration
A recent report by Bernstein Research on December 2nd indicates that Ethereum exchange-traded funds (ETFs) in the United States might soon incorporate staking yields. This development is anticipated under the…
Coinbase Halts Expansion Efforts into the Turkish Cryptocurrency Market
Cryptocurrency exchange Coinbase has decided to retract its initial application for entering the burgeoning Turkish crypto market, as revealed by documents from the Turkish Capital Markets Board (CMB). Coinbase’s Initial…
Changpeng Zhao Open to a Presidential Pardon from Donald Trump
Former Binance CEO Changpeng “CZ” Zhao has expressed his openness to receiving a federal pardon from United States President-elect Donald Trump. This statement came during a December 1 exchange on…
MicroStrategy Acquires $1.5 Billion Worth of Bitcoin in a Week
MicroStrategy, known for its substantial corporate Bitcoin investments, recently disclosed the purchase of approximately 15,400 BTC over the period from November 25 to December 1. This acquisition, financed through $1.5…
Brazil Tightens Regulations on Stablecoin Withdrawals
Amid a steep decline in the value of the Brazilian real against the U.S. dollar, Brazil’s central bank, Banco Central do Brasil (BCB), has issued a draft regulation aimed at…
XRP Climbs Back to Third Place After Extended Legal Battle with SEC
XRP, the digital currency used by U.S. blockchain payment firm Ripple, has reclaimed its position as the third-largest cryptocurrency by market capitalization. This resurgence marks a significant comeback after being…
Biden’s Pardon of Hunter: A Complex Decision Shrouded in Controversy
In an unprecedented move, President Joe Biden issued a blanket pardon for his son, Hunter Biden, sparking a firestorm of criticism from both political parties. This action, taken late on…
Federal Judge Rejects Appeal in $18 Million Cryptocurrency Fraud Case
In a recent decision, a Utah federal judge refused to dismiss a U.S. Securities and Exchange Commission (SEC) lawsuit against Kristoffer Krohn, a promoter implicated in an $18 million fraudulent…
Bomb Threats and ‘Swatting’ Incidents Target Trump’s Cabinet Nominees and Appointees
As President-elect Donald Trump prepares to transition into office, several of his cabinet nominees and administration appointees were subjected to bomb threats and ‘swatting’ attacks this past Tuesday night and…
Morocco’s Central Bank Moves to Legalize Cryptocurrencies
Morocco is poised to transform its stance on cryptocurrencies, planning to legalize all forms of digital assets after initially banning them in 2017. This reversal is propelled by the drafting…
Report Highlights Critical Gaps in Financial Literacy Among Crypto Investors
A recent study conducted by the crypto gaming startup PiP World has revealed alarming deficiencies in the financial literacy of the cryptocurrency community, despite Bitcoin trading near record highs. The…
Ex-Binance Executives Introduce Euro-Pegged Stablecoin Compliant with MiCA Regulations
As Europe edges closer to the final enforcement deadline of the Markets in Crypto-Assets Regulation (MiCA) by the end of the year, Schuman Financial, steered by former Binance executives including…
Telegram’s Cryptocurrency Portfolio Surges to $1.3 Billion in First Half of 2024
Telegram‘s cryptocurrency assets experienced a remarkable increase, soaring to $1.3 billion in the first half of 2024, a significant rise from $400 million at the end of 2023. This growth…
Changpeng Zhao Calls for a Shift Toward Genuine Blockchain Innovations Over Memecoins
Changpeng “CZ” Zhao, the former CEO of Binance, has recently vocalized a significant pivot in his stance towards cryptocurrency, emphasizing the importance of developing substantial blockchain applications rather than focusing…