Malaysia Designates Atomic Wallet as Unauthorized Financial Operator
Malaysia’s Securities Commission has recently placed Atomic Wallet, a prominent Web3 wallet service, on its list of financial entities banned from operating within the nation. This action stems from allegations…
Crypto Market Correction in December Leads to $17 Billion Drop in ETPs
In December, the digital asset investment landscape faced a steep downturn, with exchange-traded products (ETPs) seeing a significant decrease in assets under management, plummeting by $17.7 billion. This shift came…
La Rosa Holdings Integrates Bitcoin Payments for Real Estate Agents
La Rosa Holdings, a Nasdaq-listed firm, has announced a new initiative to integrate Bitcoin and other cryptocurrency payment options for its extensive network of over 3,000 real estate agents across…
Nokia Seeks Patent for Encryption Device and Software for Digital Assets
Finnish telecommunications giant Nokia has officially applied for a patent related to digital asset encryption, signaling a new direction in their technological advancements. This application, submitted to the China National…
Alleged $22 Million NFT Scam Leads to Charges for Two Californians
Two individuals, both 23 years old and hailing from California, have been taken into custody in Los Angeles under allegations of defrauding investors out of more than $22 million through…
Metaplanet Makes Largest Bitcoin Purchase, Scooping Up 620 BTC
Japanese investment firm Metaplanet has made its largest Bitcoin purchase to date, acquiring almost 620 BTC as the cryptocurrency trades below $100,000. The Tokyo-based firm, known for its growing Bitcoin…
Growing Demand from Crypto and AI Could Challenge North American Power Grids
As cryptocurrency mining and artificial intelligence (AI) operations expand, they are increasingly impacting electricity demand across North America, with large-scale data facilities connecting to the energy grid at unprecedented rates.…
Russia Implements a Six-Year Ban on Crypto Mining Across 10 Regions
The Russian government has officially sanctioned a six-year prohibition on cryptocurrency mining in 10 specific regions, slated to commence on January 1, 2025. This decision, as reported by the local…
Botswana Central Bank Flags ‘Minimal’ Crypto Risks but Calls for Regulation
Botswana’s central bank has acknowledged that the country’s local cryptocurrency market remains underdeveloped, posing only “minimal” risks to the country’s financial stability. Despite this, the bank emphasized the importance of…
Crypto Event Attendees’ Personal Data Being Sold, Raising Privacy and Phishing Concerns
Sensitive personal data from attendees of crypto industry events is being sold under the guise of “marketing, promotion, and client finding,” creating significant privacy risks and presenting a potential gold…
Trump Appoints Stephen Miran as Chairman of the Council of Economic Advisors
On December 22, President-elect Trump took to social media to announce the nomination of economist and former advisor Stephen Miran as the chairman of the Council of Economic Advisors. This…
Bitcoin Experiences First Major Weekly Decline Since Trump’s Election Victory
Since President Donald Trump’s election in November, Bitcoin has experienced a significant rally, propelling its value well into six figures. However, the week ending December 22 marked Bitcoin’s first considerable…
Brian Brooks Joins MicroStrategy’s Board of Directors
MicroStrategy, a prominent player in the tech and cryptocurrency sectors, has enhanced its leadership team by appointing former Binance.US CEO Brian Brooks, along with two other seasoned executives, to its…
Quantum Advances Bolster Bitcoin Security
The evolving field of quantum computing presents a complex landscape for Bitcoin’s security architecture. While fears persist that quantum capabilities might eventually break cryptographic protections due to their superior processing…
Interpol Issues Global Alert for Hex Founder Richard Heart
The world’s largest international police organization, Interpol, has issued a “Red Notice” for Richard Schueler, also known by his alias Richard Heart, the founder of Hex. This notice is a…
Chainalysis Expands Into Web3 Security With Hexagate Acquisition
On December 19, blockchain analytics giant Chainalysis announced its strategic acquisition of Hexagate, a cutting-edge Web3 security company based in Israel. Established in 2022, Hexagate has been at the forefront…
Decentralized Supercomputer Test Attracts 1.5 Million Nodes Globally
Nexus, a computation firm, recently conducted a testnet for its in-development decentralized supercomputer, attracting an impressive 1.5 million nodes from 187 countries over a five-day period. The firm’s endeavor to…
Lawsuit Targets Hawk Tuah Memecoin Founders and Partners
Investors have initiated a lawsuit against the founders and collaborators involved in the launch of the Hawk Tuah (HAWK) memecoin, filed on December 19. The plaintiffs claim that the promotional…
North Korean Hackers Stole $1.3 Billion in Crypto in 2024
Hackers affiliated with the Democratic People’s Republic of Korea (DPRK) doubled their illicit gains from cryptocurrency theft in 2024 compared to the previous year, according to a December 19 report…
Significant Growth in Coinbase Advanced’s Trading Activity Throughout 2024
Coinbase Advanced, the professional trading platform from the renowned cryptocurrency exchange Coinbase, has experienced a substantial uptick in both user base and trading volumes over the course of 2024. This…