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South Korean Game Giant and Whampoa Digital Set Up $100 Million Blockchain Fund
December 23, 2023
Wemade, a South Korean gaming firm, and Whampoa Digital, the tech investment wing of Singapore's Whampoa Group, have announced a $100 Million Web3 fund aimed at fostering digital asset initiatives …
Read moreDormant Bitcoin Supply Drop Hints at Rally as Ethereum and Solana Surge
December 23, 2023
Market Overview An analysis of the dormant Bitcoin, defined as the percentage of circulating Bitcoin that has remained inactive for over a year, showed essential patterns. The dormant supply reached …
Read moreBulgarian Authorities Conclude Nexo Money Laundering Investigation without Charges
December 23, 2023
The Bulgarian Prosecutor's Office has terminated its investigation into four individuals affiliated with the online platform, Nexo, due to lack of evidence. The investigation, that started on September 29, 2022, …
Read moreDeFi Platform, BarnBridge DAO, Agrees to $1.7M Settlement with SEC over Crypto Bonds
December 22, 2023
BarnBridge DAO, a decentralized finance (DeFi) platform, and its founders have reached a $1.7 million settlement agreement with the United States Securities and Exchange Commission (SEC). The settlement is related …
Read moreHong Kong Regulators Ready to Review Spot Crypto ETF Applications
December 22, 2023
Financial regulators from Hong Kong's Securities and Futures Commission (SFC) and the Monetary Authority (HKMA) have signaled their readiness for the review of applications for spot crypto exchange-traded funds (ETFs). …
Read moreBitcoin Outperforms Traditional Markets, Poised for Potential 10% Rally
December 22, 2023
Overview The cryptocurrency market is currently witnessing a strong momentum with Bitcoin taking the lead. Not only has Bitcoin broken past the trading timelines of traditional markets such as S&P; …
Read moreRipple CEO Accuses SEC Chair of 'Stunning Hypocrisy'
December 22, 2023
RippleCEO Brad Garlinghouse has launched harsh criticism at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, condemning him for his supposed 'stunning hypocrisy'. Garlinghouse's remarks stem from Gensler's recent …
Read moreSolana's Meteoric Rise Sees it Rival BNB, Ethereum in Market Cap
December 22, 2023
Solana (SOL), a fast-growing blockchain platform, saw a significant surge recently, with its native SOL token trading near $100 for the first time in its 20-month history. SOL's impressive rally …
Read moreCoinbase Granted Virtual Asset Service Provider Status in France
December 22, 2023
Cryptocurrency services giant Coinbase has successfully secured a registration to offer cryptocurrency services in France, according to a recent announcement. This development follows receipt of a virtual asset service provider …
Read moreEthereum's Next Major Upgrade 'Dencun' Scheduled for 2024 Testnet Launch
December 21, 2023
The tentative date for the initial testnet deployment of Ethereum's upcoming 'Dencun' upgrade has been set for January 17, 2024. This decision was reached during the latest bi-weekly developer meeting. …
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