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South Korea Boosts Crypto Security with New Investor Protection Law
December 12, 2023
On December 11, The Korean Financial Services Commission (FSC) introduced a thorough set of regulations within the 'Act on the Protection of Virtual Asset Users', set to be operational from …
Read moreExpanded Support for Senator Elizabeth Warren's Crypto Regulation Bill
December 12, 2023
Massachusetts Senator Elizabeth Warren has announced expanded Senate support for her Digital Asset Anti-Money Laundering Act aimed at mitigating the illicit finance risks posed by digital currencies. The bipartisan act …
Read moreCrypto Market Faces Downtrend as Bitcoin and Ethereum Dip 7%
December 11, 2023
The crypto market witnessed a short-lived pullback with Bitcoin enduring its worst daily drawdowns in four months, dipping over 7% to nearly $40,000. Other cryptocurrencies such as Ethereum didn't fare …
Read moreMistral AI Becomes Latest Unicorn, Raises $415M in Funding Round
December 11, 2023
French artificial intelligence (AI) startup, Mistral AI, has achieved the rare unicorn status after raising a hefty $415 million in its second funding round in just seven months, bringing its …
Read moreUniswap Expands Operations to Bitcoin Network via Rootstock Sidechain
December 11, 2023
The decentralized exchange (DEX) Uniswap has made significant strides in its expansion to the Bitcoin blockchain, through a successful integration with the Rootstock sidechain. This integration marks a monumental achievement …
Read moreGoogle's Revised Policies to Enable Ads for U.S. Crypto Trusts
December 11, 2023
In light of the anticipated approval of spot Bitcoin ETFs, Google, the tech behemoth, has updated its cryptocurrency-related advertising policy. As of January 2024, the company will permit ads about …
Read moreAsia Market Opening Sees Bitcoin Correction, Triggers $400M Liquidations
December 11, 2023
Over $400 million was lost by almost 120,000 crypto traders in a span of 24 hours after digital asset prices crashed during the opening of Asia trading hours on Dec. …
Read moreMajor Cryptocurrencies BTC & ETH Experience Sharp Decline, Wiping Out Weekly Gains
December 11, 2023
The value of Bitcoin took a sudden 6.5% plunge on Dec. 11, falling below the $41,000 mark and erasing around five days worth of gains. The abrupt fall involved a …
Read moreWeb3 Companies Alienating Users: Lessons Drawn from Reddit and Twitter
December 11, 2023
The rapidly evolving technology landscape often overlooks a fundamental principle: understanding the consumer. Tech companies, both Silicon Valley giants and Web3 startups, often prioritize creating new technology, sometimes to the …
Read moreCrypto Weekly Roundup: ETF Anticipation and Market Trends
December 11, 2023
Bitcoin surpasses $40,000, driven by anticipation of ETF discussions and BTC halving.Crypto investment products surge to $46B, reflecting growing institutional interest in Bitcoin and Ethereum.Phoenix Group, a Bitcoin miner, debuts …
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