BONK, the meme coin on the Solana network, has surged 110% over the past week, reaching a current price of $0.00000383, despite experiencing a 29% decline in just 11 hours after hitting an all-time high of $0.00000539.
The U.S. Securities and Exchange Commission (SEC) has sued cryptocurrency exchange Kraken, accusing it of operating illegally as a securities exchange without registering, prompting Kraken to defend itself and stating that Congress should decide on cryptocurrency exchange regulations.
DeFi oracle network Pyth experienced a successful token airdrop, reaching a market capitalization of $765 million before settling at around $457 million; the token's price has stabilized at just above $0.30, and over $87 million in trading volume has been recorded since launch.
Tether has frozen $225 million worth of stablecoins in wallets associated with "pig-butchering" romance scams, assisting the US Department of Justice in its efforts to combat illicit activities.
The Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Kraken, accusing it of operating as an unregistered broker, clearinghouse, and dealer, and commingling customer and corporate funds, creating a "significant risk" by combining up to $33 billion in customer crypto with its own assets. The SEC seeks to permanently ban Kraken from operating as an unregistered exchange and to impose fines and restitution.
Liechtenstein-based Bittrex Global will cease all trading on its exchange by December 4, as it winds down operations following regulatory challenges and the closure of its US operations earlier this year.
Ripple has been overtaken by Polkadot as the top cryptocurrency asset banks are exposed to, according to a report by the Basel Committee on Banking Supervision, which noted a total of $10.2 billion in crypto asset exposure among 19 banks; meanwhile, XRP price is on a downtrend and close to losing key support.
Crypto leaders are cheering on newly elected Argentinian president Javier Milei, despite his controversial views and lack of specific policies related to Bitcoin, due to his past pro-Bitcoin statements and potential for Bitcoin-friendly policies in the country.
The U.S. Justice Department is reportedly seeking more than $4 billion from Binance Holdings as part of a proposed resolution to a long-running investigation, potentially involving criminal charges against the cryptocurrency exchange's founder.
Bitcoin is approaching $38,000 for the first time since April 2021, while Ethereum surpasses $2,000 thanks to positive news such as BlackRock filing for an Ethereum ETF, leading to a mixed performance in the crypto market.
Nike has launched a public presale for its new RTFKT Dunk Genesis sneakers, allowing anyone to purchase them without owning an NFT, but the sneakers themselves are still tied to NFTs through an embedded NFC chip.
The S&P 500 Index rose for the third consecutive week, while Bitcoin experienced only a small gain, indicating consolidation below $38,000; however, cryptocurrency investors remain bullish as they continue to hold onto their Bitcoin holdings.
Bitcoin and BNB Coin are rising after reports suggest that Binance may pay $4 billion to settle criminal charges in the U.S. and continue operating.
Quantum, a new block explorer built by the team behind SolanaFM, aims to simplify the presentation of data on the Solana blockchain and compete with other explorers that prioritize detail over readability. With over 53,000 signups already, Quantum is targeting Solana's growing ecosystem and offers a streamlined user experience to understand on-chain data quickly and effectively.
An Ethereum-based decentralized exchange (DEX) called dYdX has lost $9 million from its insurance fund due to an alleged market manipulation attempt, but no customer funds were affected in the incident. The DEX is now implementing measures to prevent similar occurrences in the future.
Bitcoin saw a 3% increase after Argentina's pro-crypto candidate, Javier Milei, secured victory in the presidential election, with his radical economic proposals and criticism of central banks resonating with the crypto community. However, Milei does not support making Bitcoin legal tender and plans to dollarize Argentina's economy to combat inflation. Despite his popularity on economic issues, his stance on other topics has alienated some, including opposition to sex education and denial of human-caused climate change.
Binance could potentially face a $4 billion settlement with the U.S. Department of Justice to resolve multiple criminal violations, with the possibility of its founder CZ also facing U.S. criminal charges.
Bitcoin breaks above a key technical level, boosting cryptocurrency-related stocks, after Argentine pro-bitcoin candidate wins presidential election.
Crypto firm Tether has frozen $225 million worth of its cryptocurrency after it was linked to a human trafficking group in Southeast Asia.
Ubisoft is launching a set of NFT avatars for the metaverse game, The Sandbox, based on its new Netflix animated series, "Captain Laserhawk: A Blood Dragon Remix," featuring characters from various Ubisoft franchises, such as Assassin's Creed and Beyond Good & Evil. The avatars will be released as NFTs on Polygon and have a futuristic, cyberpunk aesthetic.
A plan to create a new crypto services business from bankrupt lender Celsius is facing delays due to the U.S. Securities and Exchange Commission seeking more information before making a determination.
Microsoft's shares rose 1.5% after hiring OpenAI founder Sam Altman to lead its new advanced AI research team, while OpenAI employees demanded the resignation of the company's board and Nvidia shares also saw gains.
Pricing oracle network Pyth's token debuted with a market cap of $468 million after issuing an airdrop for 90,000 wallets and is currently trading at around $0.32, with the token being used for on-chain governance votes and having a circulating supply of 1.5 billion tokens.
Injective Protocol (INJ) is positioning itself for a potential revisit of its all-time high, while Solana (SOL) may experience a healthy pullback and Cardano (ADA) is trading within a wide range, according to crypto analyst Rekt Capital. Polkadot (DOT) could see further rallies if it maintains support above $5.
A new crypto-focused super PAC called Fairshake, backed in part by Coinbase CEO Brian Armstrong, has spent over $1.2 million on television ads supporting House candidates, with the goal of further engaging in the 2024 elections and expanding its war chest to $50 million. The group has supported incumbent lawmakers from both parties who serve on the House Financial Services and Agriculture committees, and is expected to endorse more pro-crypto candidates in the future.
Aptos Labs and READYgg have partnered to integrate NFTs into several games and gaming platforms via the Aptos network, with at least four titles expected to launch their Web3 elements by the end of the year, including Runestone Keeper and Rescue Robots Sniper Survival.
Crypto exchange Bullish, run by former NYSE president Tom Farley, has acquired CoinDesk in an undisclosed all-cash deal, allowing the news site to operate independently as a subsidiary within Bullish.
Stablecoin issuer Tether has frozen $225 million of its own stablecoin following an investigation by the US Department of Justice into an international human trafficking syndicate, marking the largest-ever freeze of a stablecoin and demonstrating Tether's commitment to safety within the crypto space.
Tether has frozen $225 million worth of USDT linked to a human trafficking syndicate in Southeast Asia known for the "pig butchering" scam, following a collaborative investigation with OKX and the US Department of Justice.
Research firm Dfinity Foundation and SingularityNET are partnering to decentralize AI systems and improve transparency by integrating the SingularityNET marketplace with the Internet Computer blockchain.
Luxor Technologies, a bitcoin mining services firm, is launching Luxor Logistics to address the challenges miners face when shipping mining machines and expanding globally by customizing transportation and delivery services to streamline customs regulations and lower shipping times.
Tokyo-based company Ichigo plans to sell over $20 million worth of digital securities backed by real estate on the Osaka Digital Exchange.
Web3 game protocol Saga has raised a $5 million seed extension round led by Placeholder, bringing its total funding to $13.5 million, with its mainnet launch scheduled for January; the protocol's scalability, allowing developers to launch customizable blockchains in parallel, is a main appeal.
The Bitcoin halving event, which occurs every four years and cuts the market supply of new Bitcoin in half, is drawing attention from the crypto community and BTC analysts who anticipate bullish momentum and price surges in the months following the event.
The zkDay Istanbul event attracted over 1,200 developers and enthusiasts in the zero-knowledge (ZK) technology community, indicating the growing interest and promise of ZK technology in mainstream use cases and the future of the ZK ecosystem.
Dogecoin and Bitcoin will be sent to the moon on December 23, 2023, with a physical Dogecoin being transported through a spacecraft, while Dogecoin has formed a double-bottom pattern on the weekly timeframe.
Santander Private Banking International has reportedly launched a new service that allows high-net-worth clients to trade Bitcoin (BTC) and Ether (ETH), with plans to introduce other cryptocurrencies in the future.
Osaka Digital Exchange (ODX) will launch its digital securities trading platform on December 25, with the goal of becoming a digital stock exchange and having received regulatory approval, and will issue around 3 billion yen ($20 million) worth of tokenized securities from real estate firm Ichigo Owners.
Crypto exchange Poloniex has identified the hacker responsible for stealing over $100 million in digital assets and offered them a chance to return the funds in exchange for a $10 million bounty, but community members are skeptical about the exchange's claim.
Magpie Protocol aims to address the challenges of bridges in blockchain asset transfers by providing a decentralized liquidity aggregation protocol that enables fast and secure cross-chain swaps across multiple blockchains, including Ethereum, Polygon, BNB Chain, Avalanche, Arbitrum, and Optimism, with a user-friendly interface and competitive pricing.
The notional open interest in BTC options on Deribit reached a new peak of $15 billion, indicating a growing preference for options as a hedging and leveraging tool.
Bitcoin (BTC) remains strong near 18-month highs as bulls hold their ground, with supply dynamics showing that long-term holders are reluctant to sell. The coming days may bring volatility from macroeconomic data, but the overall sentiment is optimistic for Bitcoin's price action.
Bitcoin is expected to become a global asset with a market cap of over $3 trillion by mid-2025, driven by factors such as limited supply, favorable accounting treatment, the bitcoin halving, and the potential approval of a U.S.-listed spot bitcoin ETF.
Santander Private Banking International is offering high-net-worth clients with Swiss accounts the ability to trade and invest in major cryptocurrencies, such as bitcoin and ether, as the bank aims to cater to clients' preferences for relying on existing financial institutions to manage their assets in the expanding alternative asset class of crypto.
The price of the Near Protocol (NEAR) has surged since breaking out from a descending parallel channel, reaching a new yearly high of $2.15 and showing potential for further increases, with resistance at $2.70 and a possibility of a 150% increase to $5.50. However, a rejection from the $2.70 resistance area could result in a 30% drop to the support level at $1.50.
Former OpenAI CEO Sam Altman and other former staff members will be joining Microsoft, where Altman will lead a new advanced AI research team, according to Microsoft CEO Satya Nadella.
Ethereum is experiencing a significant amount of outflows from centralized crypto exchanges, totaling $320 million last week and $1 billion in the past three weeks, while Bitcoin is showing bullish signals with new capital flowing in, according to a report by blockchain analytics firm IntoTheBlock.
The hacker who accessed Kronos Research's API keys stole $25 million in Ethereum, but the firm stated that the potential losses are not a significant portion of its equity and aims to resume trading soon.
2024's successful Web3 games will shift from play-to-earn models to free-to-play to remove barriers to entry and focus on gameplay, according to Gabby Dizon, co-founder of Yield Guild Games. This shift aims to prevent speculative bubbles and create games that players want to continue playing, reinvesting their capital in the game. Additionally, the introduction of token bound accounts and AI integration in games is expected to enhance gameplay experiences.
Bitcoin stashed in centralized cryptocurrency exchange wallets is increasing at the fastest rate since May, potentially indicating a pause in the bull market.