By and large, institutional interest in cryptocurrencies and their related technologies reached new highs in 2023 with all kinds of activity occurring on this end. Consequently, next year could just be the “it” year for
Binance’s end-of-year report published on December 28 unveiled an impressive management of assets exceeding $1.2 billion, dedicated to serving a vast user base of over 170 million individuals. As the foremost crypto exch
In a December 27 announcement, MicroStrategy revealed the purchase of 14,620 Bitcoins within the past month worth $615.7 million, securing them at an average price of $42,110 per Bitcoin (approximately). The company publ
Shiba Inu’s Marketing Lead, Lucie, has announced exciting plans for 2024. These include new play-to-earn games, the launch of Shibahub, and Sheboshis, all on the Shibarium network. She also hinted at significant developm
The South Korean government has initiated a comprehensive transparency drive, mandating approximately 6,000 of its officials to openly declare their cryptocurrency holdings starting from the onset of 2024. This move is s
The European Union’s cryptocurrency landscape is experiencing a significant transformation, marked by a surge in the number of virtual asset service providers (VASPs). Recent data indicates that in 2023 alone, nearly 1,0
Despite facing legal challenges and significant fines for Binance, CEO Changpeng Zhao, known as CZ, has seen his net worth soar to over $37 billion in 2023, thanks to Bitcoin’s impressive rise and his controlling stake i
Kristalina Georgieva, the IMF Managing Director, warned that the broad acceptance of cryptocurrencies might weaken the financial stability of nations. Her concern isn’t fundamentally different from those of other global
The United Nations Internet Governance Forum (IGF) has embarked on a pioneering venture in governance and technology by launching a pilot program to establish a Decentralized Autonomous Organization (DAO). Revealed on De
Coinbase recently addressed Senator Elizabeth Warren’s accusations suggesting the exchange engaged in” revolving door politics” to hinder effective digital asset regulation in the United States. Senator Elizabeth Warren
Coinbase, the cryptocurrency exchange, has obtained approval from the French market regulator, as confirmed by a company representative on Thursday, December 21. This milestone clears the path for the firm to extend its
Forecasters are anticipating a pivotal year in 2024, where we may see an unprecedented expansion in metaverses and web3 gaming content, primarily driven by advancements in artificial intelligence (AI). Brian Rose, CEO of
Recent on-chain data reveals a notable trend in the Shiba Inu cryptocurrency market: a substantial amount of SHIB has been withdrawn from exchanges since November, indicating a shift in investor behavior. This movement,
Solana’s SOL has seen a remarkable surge in trading volume, outpacing Bitcoin and Ethereum combined during the recent weekend. This surge marks a significant shift in trader interest, placing Solana at the peak of the we
Ikigai, an asset management firm, has successfully liquidated its $65 million claim in the FTX bankruptcy proceedings. This development follows the company’s disclosure that a significant portion of its hedge fund’s asse
Stuart Alderoty, the Chief Legal Officer (CLO) at Ripple Labs, recently revealed on the X social media platform (formerly known as Twitter) that the U.S. Securities and Exchange Commission (SEC) had proposed an early set
According to data released on December 18 from BanklessTimes.com, the holdings of Bitcoin by the United States government have exceeded $8 billion, with expectations for further growth in the upcoming years. The governme
Senator Elizabeth Warren (D-Mass) went after cryptospace players again. This time, the legislator expressed her opposition to the lobbying attempts made by actors, including the Blockchain Association and Coinbase. In a
Businesses such as BlackRock and ARK Invest have adjusted their spot Bitcoin (BTC) ETF submissions by incorporating cash redemption frameworks, indicating a response to demands made by the SEC. This strategic move, demon
According to several December 18 filings, the US Securities and Exchange Commission (SEC) declared it will postpone its verdict on several Ethereum (ETH) ETFs until May 2024. Some of the principal ETFs affected by the de
A district court in the Northern District of Illinois recently approved a settlement and issued an order affecting Binance, the prominent cryptocurrency exchange, and Changpeng Zhao, its former CEO. This significant step
Tether is reinforcing its commitment to fighting crypto-related crime involving USDT tokens by partnering with the FBI and the Secret Service. Under the leadership of its newly appointed CEO, Paolo Ardoino, Tether is int
In 2023, the Decentralized Finance (DeFi) sector experienced a significant decrease in losses due to exploits, with total losses amounting to around $1 billion. This development, highlighted in a recent post by IntoTheBl
Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), stated in a CNBC interview that the SEC is taking a fresh look at the applications for Bitcoin Spot Exchange-Traded Funds (ETFs). This new approach
